Answer:
$38,000
Explanation:
The accounting equation shows the relationship between the various elements of the balance sheet which are assets, liabilities and equity. The equation is as shown below;
Assets = Liabilities + Equity
At the beginning of 20x6
$25,000 = liabilities + $16,000
Liabilities = $25,000 - $16,000
= $9,000
If liabilities increases by $8,000
At the end of 20x6,
Liabilities = $9,000 + $8,000
= $17,000
Total Assets = $17,000 + $21,000
= $38,000
Answer:
<u>single-segment concentration.</u>
Explanation:
<em>Single-segment concentration</em> occurs when the company concentrates its operational, productive, marketing and sales efforts to serve a single market segment.
Advantages of this model include enhancing the effectiveness of concentrated marketing, which helps the organization achieve activity specialization, which increases the possibility of becoming a market leader and achieving a high return on investment.
Answer:
A) Form 990-N.
Explanation:
Form 990-N is used by not-for-profit organizations with annual gross receipts under $50,000, and it must be filed electronically.
Most small not-for-profit organizations can use the Form 990-N, except:
- organizations with gross receipts of over $50,000
- churches and their associated supporting organizations
- private foundations
- political organizations
- tuition programs
- government instrumentalities
- group legal service plans
- and other specific organizations
Answer:
Hold harmless.
Explanation:
It defines hold harmless as follows: To absolve (another party) from any responsibility for damage or other liability arising from the transaction.
<span>A. Boost the economy
Expansionary policies increase the money in supply to encourage spending, boost economic growth and counteract inflation.</span>
