Reference no: EM133060340
Questions -
Q1. If total liabilities increased by $15,000 and owner's equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period?
a. $20,000 decrease b. $20,000 increase c. $25,000 increase d. $30,000 increase
Q2. If total liabilities decreased by $25,000 and owner's equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period?
a. $20,000 decrease b. $20,000 increase c. $25,000 increase d. $30,000 increase
Q3. If total liabilities decreased by $15,000 and owner's equity decreased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period?
a. $20,000 increase b. $10,000 increase c. $20,000 decrease d. $10,000 decrease
|
Calculate total purchase cost for October
: The company would like to maintain inventory on hand at the end of each month at 20% of next month's sales volume. Calculate total purchase cost for October
|
|
What amount of this expense would be included in the budget
: The actual amount of the fixed expense was $10,640. What amount of this expense would be included in the company's planning budget
|
|
Prepare a trial balance with the accounts arranged
: Prepare a trial balance with the accounts arranged as illustrated in the chapter, and fill in the missing amount for retained earnings
|
|
What would you suggest to Paul Pogba
: What would you suggest to Paul Pogba based on your analysis regarding the new gold mine? Whether should they take this project
|
|
By what amount and direction during that same period
: If total liabilities decreased by $25,000 and owner's equity increased by $5,000 during a period of time, By what amount and direction during that same period
|
|
How much capital gain will he recognize on the sale
: If Matt's basis in his Lone Star shares was $8,000 at the beginning of the year, how much capital gain will he recognize on the sale and distributions
|
|
What is the expected yield on the bond
: The current price of the bond is $900. If the investor decides to buy the bond now, what is the expected yield on the bond
|
|
What is amount of replenishment under imprest fund system
: On April 24, the company wrote a check to replenish the fund. What is the amount of replenishment under the imprest fund system
|
|
What will be the approximate percentage change
: What will be the approximate percentage change in the price of a bond with a duration of 8.2 years, which is trading at a yield of 8.1%
|