1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
weqwewe [10]
3 years ago
11

Mega Corporation repurchased 1,000 shares of its $1 par value common stock for $8,000. The effect of this transaction on the acc

ounting equation includes a(n) ______. (Check all that apply.) Multiple select question. decrease in assets increase in assets increase in liabilities decrease in stockholders' equity increase in stockholders' equity decrease in liabilities
Business
1 answer:
Anastasy [175]3 years ago
6 0

Answer:

Decrease in assets

Decrease in stockholder’s equity

You might be interested in
The Coffee Nook, a small cafe near campus, sells cappuccinos for $2.50 and Russian tea cakesfor $1.00 each. What is the opportun
Tasya [4]

Answer:

D) $1.00

Explanation:

Opportunity cost is the next best option forgone when one alternative is chosen over other alternatives.

If I buy a cappuccino, I have forgone the opportunity to buy Russian tea cakes. Therefore, my opportunity cost is the price of Russian tea cakes.

I hope my answer helps you.

7 0
3 years ago
Namita is voting in a state election. She selects the candidate she wants to be state senator, a position that involves drafting
Mashcka [7]

Answer:

Representative democracy.

Explanation:

Representative democracy refers to a system where the people govern through the election of parties or representatives with decision-making rights. Representative democracy can also be seen as a collective term for a number of democratic models. Common to these, however, is that the core consists of regularly recurring elections between competing representatives. People's sovereignty is achieved by the citizens influencing the government by voting in these elections. It is by far the most widespread method of exercising authoritative and legitimate control, demanding responsibility and developing debate in modern democracies.

5 0
3 years ago
A product sells for $275 per unit, and its variable costs are 68% of sales. The fixed costs are $345,600. What is the break-even
exis [7]
Hiiiiiiiiiiiiiiiiiiiiiiiiiiiiii
5 0
3 years ago
How do contact lists differ from an address book?
PilotLPTM [1.2K]
Contact lists contain more information about a person than an address book. A contact list is a collection of screen names in an instant messaging or e-mail program or online game or mobile phone. a address book is a book for recording the names, addresses, and telephone numbers of friends, businesses.
8 0
3 years ago
On April 30, Gomez Services had an Accounts Receivable balance of $24,600. During the month of May, total credits to Accounts Re
Nataliya [291]

Answer: $53,600

Explanation:

Credit sales increase the balance on Accounts Receivables because they represent that people owe the business.

It is therefore included in the formula for calculating the ending balance of Accounts Receivables:

Ending accounts receivables = Beginning accounts receivable + Credit sales in May - Customer payments during May

19,000 = 24,600 + Credit Sales in May - 59,200

Credit Sales in May = 19,000 + 59,200 - 24,600

= $53,600

4 0
3 years ago
Other questions:
  • Your job is on the cash register at the check-out counter. an impatient customer jumps ahead of several customers already waitin
    6·1 answer
  • A certain city reports the following year-end total assets: General Fund $18,400,000 Library Fund (a special revenue fund) 2,900
    13·2 answers
  • According to When to Ally, When to Acquire:
    14·1 answer
  • Kilian Health Foods has 19 comma 000 shares of $ 3 par common stock​ outstanding, which were issued at $ 14 per share. Kilian al
    15·1 answer
  • Variable costs of production $50 per unit Variable costs of sales and administration $25 per unit Fixed costs of production $100
    13·1 answer
  • Boeing's new 787 Dreamliner:
    5·1 answer
  • The social strata evident in a society is primarily derived from__________.a. government policy.
    7·1 answer
  • A 10-year maturity, 8% coupon bond paying coupons semiannually is callable in five years at a call price of $950. The bond curre
    7·1 answer
  • A land development company is considering the purchase of earth-moving equipment. This equipment will have an estimated first co
    6·1 answer
  • Your seller wants to net $100,000 after the 5ommission is paid. assuming no closing costs, at what price does the home need to s
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!