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Hatshy [7]
2 years ago
12

Creditors want to see that a company that owes them money has ______. Multiple choice question. liabilities that are greater tha

n its assets borrowed money from many other people assets that are greater than its stockholders' equity assets that are greater than its liabilities
Business
1 answer:
astraxan [27]2 years ago
5 0

Answer:

Assets that are greater than its liabilities.

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What is a consumer product?
Zepler [3.9K]

Answer:

sorry po talaga need po points

4 0
2 years ago
Read 2 more answers
The Daily Grind sells coffee makers. Its inventory of coffee makers without timers cost $20,000 and is now valued at $10,000. It
zysi [14]
Daily grinds inventory value = coffee maker with timer value x n units + coffee maker without timer in x  n units

where:
coffee maker with timer value = $35000 
coffee maker without timer = $10000 
n= 5 units each

Daily grinds coffee maker inventory value = ($35000 x 5)+( $10000 x 5)
                                                                   = $225000


5 0
3 years ago
Last year Aft charged $2,946,667 Depreciation on the Income Statement of Andrews. If early this year Aft purchased a new depreci
Kisachek [45]

Answer:

Decrease in Bank balance and increase in fixed assets

Explanation:

When a new depreciable asset is purchased, the money leaves the bank account hence reducing the bank balance in the statement of financial position, and on the other hand the 'Fixed asset' balance will rise by the same amount; recognizing the addition to the assets of the company. In this scenario the balance sheet totals remain unchanged as the same amount has been subtracted from 'bank' and added to 'fixed assets' all within the asset side.

However, if the asset is debt financed, it will increase the long term liability figure because 'bank loan' will be recognized. Hence the totals of the balance sheet will rise by the amount of the loan on the 'Capital and liabilities' side and the amount of the asset on the 'Asset' side.

Another impact is that the amount of depreciation charged to the Income Statement will be higher than $2,946,667 which was charged in the previous year because the new asset's depreciation will have to be added.

3 0
2 years ago
Because of the compounding effect:
luda_lava [24]

Answer: c. small changes in economic growth rate lead to large GDP changes over time.

Explanation:

If there is even a small change in the rate at which the economy is growing, this increase will increase by even more the year afterward and then even more as time goes on. This is because the interest is being compounded overtime.

Look at the future value formula that shows compounding for instance:

Future value = Amount * (1 + rate) ^ number of periods

Assume even a change of 2% in the growth rate. In 30 years, this rate would have increased the economy by:

= 1 * ( 1 + 2%)³⁰

= 1.81

Which is a rate of:

= 1.81 - 1

= 81%

What started off as only 2% became 81% in 30 years. This is what compounding does.

6 0
2 years ago
Which of the following choices is NOT a use for project plans in the workplace?
bixtya [17]
Out of the choices given, the choice that is NOT a use for project plans in the workplace is teacher lesson plans. The correct answer is B. 
6 0
2 years ago
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