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
nasty-shy [4]
2 years ago
14

In May, Pasta Disasta, Inc. paid its suppliers $500 that it owed for the pizza pans purchased and received in April. Which accou

nts are affected?
Business
1 answer:
vladimir2022 [97]2 years ago
8 0

Based on the information given the account that are affected is:

  • $500 decrease in liabilities
  • $500 decrease in assets.

<h3>Accounts that are affected</h3>

Assuming the company paid its suppliers the amount of  $500 that it owed for the pizza pans they purchased and received in the month of April. Hence, liabilities account will decrease by $500 while the assets account will decrease by $500.

Thus:

  • $500 decrease in liabilities
  • $500 decrease in assets

Inconclusion the account that are affected is:$500 decrease in liabilities, $500 decrease in assets.

Learn more about account affected here: brainly.com/question/14279491

You might be interested in
If a person invests in the stock market through a firm that pools funds from a large number of people and buys and professionall
alisha [4.7K]

Answer:

C. mutual fund.

Explanation:

Mutual fund refers to a company that pools money from many investors into securities such as stocks and bonds. Mutual funds provide the service of a deversified portfolio for customers who would otherwise been unable to diversify their portfolio themselves.

6 0
3 years ago
Assume the firms operating in an oligopolistic market experience a relatively small change in marginal costs. According to the k
leonid [27]

Answer:

B) Leave the equilibrium price unchanged.

Explanation:

Oligopolistic market is the arrangement where few companies offer same product to the customers. There is very less competition in the market so every supplier has fair chance for operating their business successfully. The kinked demand model curve in oligopolistic market would leave the equilibrium price unchanged.

3 0
3 years ago
Cameron Tiller is paid one and one-half times the regular hourly rate for all hours worked in excess of 40 hours per week and do
kozerog [31]

Answer:

His regular earnings ( based on regular rates) is $480 while his total earnings for the week ended March 15 is $738.

Explanation:

Regular rate = $12 per hour

Rate for hours in excess of 40 hours per week

= (3/2) × $12

= $18

Rate for hours for Sunday is double

= 2 × $12

= $24

During the week ended March 15, 9 hours each day from Monday through Friday, 6 hours on Saturday, and 4 hours on Sunday

Period in excess of 40 hours during the week

= (9 × 5) + 4 - 40

= 9

Total regular earning = 40 × $12

                                   = $480

Additional earnings = (9 × $18) + (4 × $24)

                                 = $162 + $96

                                 = $258

Total earnings = $480 + $258

                        = $738

4 0
3 years ago
1. The interest tax shield (tax deductibility of interest) is a key reason why: the required rate of return on assets rises when
Ivanshal [37]

Answer:

the net cost of debt to a firm is generally less than the cost of equity.

Explanation:

If we assume both, investor in firms and lender to firms want's a certain return x

because the lender return (the interest) are tax deductible the net cost of debt will be:  x ( 1 - t)

where t is the tax rate being rate beteen 0 and 1

as 1 less a fraction will be less than 1 we can stablish that:

x > x(1 - t)

x is the cost of equity

while x(1-t) is the net cost of debt

therefore, the cost of debt is lower than cost of equity.

7 0
3 years ago
) Using the following information, what is the amount of cost of merchandise sold?
Orlov [11]

Answer:

C. 30,210

Explanation:

Cost of merchandise sold = cost of merchandise purchase - cost of merchandise left in inventory

= Purchases  of $32,000 - Purchases discounts  of $960 - Purchases returns and allowances  of $1,200 + Freight In  of $1,040

- ( Merchandise inventory  at  September 30  of $6,370 - Merchandise inventory September 1  of $5,700)

= 32,000- 960- 1,200+1,040 - 670 = 30,210

5 0
3 years ago
Other questions:
  • What is networking in business?
    9·1 answer
  • The equation representing the consumption schedule for the economy is:
    14·1 answer
  • Is Universal Social Charge, Income tax or Consumer tax? ​
    8·2 answers
  • The Carbondale Hospital is considering the purchase of ambulance. The TheXarbondale Hospital is considering the purchase of ambu
    7·1 answer
  • Fiona deposits $2,000 into a savings account. If the Fed requires a 20 percent reserve ratio, how much of Fiona’s money can the
    12·1 answer
  • The project requires $61,000 of net working capital up front that will be fully recovered. What is the net present value of the
    7·1 answer
  • At the beginning of the year, manufacturing overhead for the year was estimated to be $821,100. At the end of the year, actual d
    8·1 answer
  • . In an income statement segmented by product line, the salary of the corporation chief executive officer (CEO) should be: a. al
    6·1 answer
  • How many patents have been issued in the united states?
    14·1 answer
  • Step 5 in the marketing plan process is when a firm ______ the outcome of the strategy and implementation process.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!