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2 years ago

if a start up business owner invests $25,000 cash and then borrows $15,000 from a bank, the owner's equity would be

Business

1 answer:

ss7ja [257]2 years ago

7 0

The owner's equity would be $10,000

<h3>What is owner's equity?</h3>

Owners Equity is the residual interest that represents the portion remained to the investors such as partners and shareholders.

This is computed by deducting liabilities from the asset account, which includes capital accounts and retained earnings.

Using the accounting equation,

Assets = Liabilities + Equity

$25,000 = $15,000 + Equity

Equity = $25,000 - $15,000

Equity = $10,000

Therefore, owner's equity would be $10,000

Learn more about owner's equity here: brainly.com/question/11110287

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Answer:

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$2,000 since only one of your daughters qualifies for the child tax credit (must be under 17 at year end).

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For 2018, the income threshold to qualify for the child tax credit increased to $400,000, and it starts to fade away up to $440,000. It phases out $50 per each $1,000 of additional AGI.

($2,000 x 2 children) - (29 x $50 x 2 children) = $4,000 - $2,900 = $1,100

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The use if the direct chain of command affords delegation of authority in an easily understandable way, such that needed decisions on actions are more quickly taken to save costs due to delay and lack of cohesion.

Direct chain of command affords employees to work in areas they are proficient with which builds improved competence and skill within the workforce

The chain of command organizational structure is a logical delegation of authority which facilitates collaborative efforts with internal and external bodies

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3 years ago

Compile a job advertisement for a receptionist vacancy

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Answer:

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3 years ago

A 16-ounce bottle of Prairie Herb vinegar sells for $4.95, and a 16-ounce bottle of Heinz vinegar costs $1.05 . Prairie Herb vin

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Answer:

Price Skimming

Explanation:

Prairie Herb Vinegar is new to the market and using a price skimming strategy. This is where the product is sold at the highest price a certain customer base will be willing to purchase the product at. This also creates a scenario where a perception of quality is created. As the company attempts to attract more customers they will lower the price of the product hopefully expanding their existing customer base.

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3 years ago

Read 2 more answers

Floyd and Merriam start a partnership business on June 12, 2019. Their capital account balances as of December 31, 2020 stood

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Answer:

Floyd 43,500

Merriam 12,500

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Explanation:

heir capital account balances as of December 31, 2020 stood as follows: Floyd $ 46,000

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