It's a <span>partnership. I have to write more words but that's what that arrangement is.</span>
Answer:
Assets : Cash, Accounts receivable, Equipment
Liabilities : Salaries and wages payable, Accounts payable, Notes payable
Owners Equity : Owner’s capital
Explanation:
Assets are valuable things owned by a business, to which firm's present or future monetary economic benefit can be entitled.
Cash , Account receivables (from debtors who owe money to us) , Equipments are all beneficial ownerships and hence are Assets.
Liabilities are financial burden of the business, the amount business owes to others.
Salaries and wages payable, Accounts payable (from creditors to whom we owe money), Notes payable are all financial obligations to be fulfilled by business - so are liabilities of business.
Owners Equity are the assets of business which have been bought in by the Entrepreneur as 'Capital' in the firm.
1) Change the nature of the product
2) Give away discounts
3) Reduce the price of the product compared to the competitiveness of the market
Base on the scenario, the email metric that you can ignore
after your boss asked you to do some reporting in your email performance last
quarter is the industry average. The industry average are used in means of
having to create components financially when it comes to business plan.
M9ney spent on household expenses
