3. What is the balance sheet equation?​

Answers

Answer 1

Answer:

It is the sum of the owner's capital and company's total liabilities is equal to the company's total assets at a particular point of the time.

Answer 2

Answer:

Definition:The balance sheet equation or accounting equation is the most basic, fundamental part of accounting. The balance sheet equation forms the building blocks for the entire double entry accounting system.

The balance sheet is based on the fundamental equation:

Asset = Liabilities + Equity.

It helps the company to prepare a balance sheet and see if the entire enterprise's asset is equal to its liabilities and stockholder equity.


Related Questions

Kids Early Start (KES) operates from Monday to Friday. KES provides childcare and educational services for inner-city kids between ages of 3 months and 5 years. It has fixed expenses of $35,000 per week and charges parents $15 per day for each child who attends the program.

Answers

Answer:

Actualmente, más de la mitad de los niños menores de 5 años en Estados Unidos asisten periódicamente a algún tipo de programa de guardería o preescolar fuera del hogar. Las experiencias de estos niños en estos lugares afectarán sus vidas futuras. Para muchas familias, lamentablemente, la educación inicial y el cuidado infantil de buena calidad no están disponibles o no son accesibles.

Con el objetivo de tomar medidas para abordar los problemas que se presentan, la declaración de política de la American Academy of Pediatrics (AAP) titulada, "Educación inicial y cuidados infantiles de calidad desde el nacimiento hasta el jardín de niños" (en inglés), detalla tanto la importancia de la educación inicial y los cuidados infantiles de calidad como lo que su pediatra puede hacer para ayudarlo a encontrar estos servicios cerca de su casa.

Explanation:

Presently, more than half of young children in the United States under the age of five consistently attend some kind of preschool or day care program outside the home.

These kids' experiences there will have an impact on how they live in the future.

What does early childhood education process quality entail?

The daily interactions and activities that children have in ECEC settings that promote development are referred to as "process quality."

Prior research has mainly evaluated process quality through careful observation of the behaviors and interactions children take.

The American Academy of Pediatrics (AAP) policy statement aims to take action to solve the current problems. Unfortunately, many families lack access to or availability of high-quality early childhood education and care.

For more information about American Academy  to refer link

https://brainly.com/question/28147212

#SPJ2

Which of these are characteristics of successful entrepreneurs?(select four answers)

Confidence,discipline, optimism,& passion

Answers

Answer:

Confidence, discipline, optimism, & passion

Explanation:

You are correct. :)

Which of the following does not promote increased international trade and economic growth?

A. High tariffs
B. Technological improvements
C. Industrialization
D. Trade liberalization​

Answers

Answer:

High Tariffs              

The answer is A) High Tariffs

Which of the following purchases is a matter of marginal, or incremental, cost-benefit analysis?
A large house
A college education
An alarm system
A surgical procedure
An additional sweatshirt

Answers

Answer:

An additional sweatshirt

Explanation:

Marginal or incremental cost - benefit analysis are costs associated with producing an additional unit of product as well as the benefits associated as a result of the additional unit. Marginal analysis is normally used when a company desires to expand (or increase) production so that they determine if the expansion would result with an increase in profit or not.

This is done by first determining the additional cost associated with the activity change and its benefits, then the costs and benefits are then compared.

How are jobs affected by supply and demand ?Explain how changes in supply and demand couple impact employment and jobs?

Answers

Answer:

Please see explanation below

Explanation:

a. Just as supply and demand affects any other market, so does it affects jobs too. Take for instance if additional workers are added to the existing workforce while the demand for jobs remains the same; it means that employers would likely pay less which will bring about drop in income to employees hence causes less job stability. On the other hand, if there is an increase in demand for jobs while supply remains the same; then employers will be willing to pay more thereby resulting in higher income for few who are employed hence bring about job stability.

b. Change in demand refers to either an increase or decrease in demand for a particular good or service due to changes in consumer tastes, income level, population, price of substitutes etc; while change in supply is when suppliers decided to either increase or decrease their production or output due to changes in technology, process automation, change in the number of competitors in the market, taxes, production costs etc.

An increase in demand for certain goods or services would necessitate an increase in supply for such goods hence create avenue for producers or manufacturers to employ more people to produce them. Also, a decrease in demand for certain goods or services would result in less goods being produced hence lesser people getting employed to produce such goods.

On the other hand, when producers embraces new technology or process automation , the possibility of producing more goods will be higher while such would result in job losses.

Use the information presented in the curve to answer
the following question.
What is the equilibrium price for the product?
$25
$20
$15
$10

Answers

Answer:

20

Explanation:

The answer must be $20 after calculating it.

As of December 31, the Stanford company has the following information. Use this information to answer questions 1 to 3. Cash $5,000 Accounts Receivable 15,000 Inventory 40,000 Prepaid Insurance 3000 Fixed Assets 100,000 Accounts Payable 15,000 Notes Payable in 5 Months 12,500 Salary Payable 25,000 Notes Payable in 5 years 35,000 Owner’s Equity 98,000 2. What is the company's Working Capital? Question 2 options: 12,500 10,500 15,000 15,500

Answers

Answer:

$10,500

Explanation:

Calculation for Stanford Company's Working Capital

Using this formula

Working capital =Current Assets- Current Liabilities

Where,

Current Assets = Cash + Accounts Receivable + Inventory + Prepaid Insurance

Current Assets = ($5,000 + $15,000 + $40,000 + $3,000) = $63,000

Current Liabilities = Accounts Payable + Notes Payable in 5 Months + Salary Payable

Current Liabilities = ($15,000 + $12,500 + $25,000) = $52,500

Let plug in the formula

Working capital =$63,000-$52,500

Working capital =$10,500

Therefore the Working Capital for Stanford Company will be $10,500

Answer:

10,500

Explanation:

Other Questions
Question 1(Multiple Choice Worth 4 points)(07.06A)What is the rate of change of the linear relationship modeled in the table?x- 25-4312O-20-101 Find x.help please !!! Examine the general structure of a molecule. C is bonded to R to the left, C O O H above right, H right, and N H 2 below left. Which functional groups are in this molecule? an alkyl halide and an alcohol a carboxylic acid and an amine an amine and an ester an aldehyde and a carboxylic acid the meeting room needed 4 times the amount of chairs to seat the 60 students. How many chairs did the meeting room have ? FREERead the passage from Two Treatises of Government(1690) by John Locke.Which statement best explains an Enlightenmentposition on the divine right to rule?This paternal, regal power being by divine right onlyhis, it leaves no room for human prudence, or consent,to place it any where else, for if only one man hath adivine right to the obedience of mankind, no body canclaim that obedience, but he that can shew that right;nor can men's consciences, by any other pretence, beobliged to it. And thus, this doctrine cuts up allgovernment by the roots.O If only one person has the authority to rule, then noone else, even members of government, may haveauthority, so divine right undermines civil society.O If only one person has the authority to rule, thereshould be no confusion about how to follow the law,so divine right supports the goals of civil society.If only one person has the authority to rule, thepeople will always eventually conflict with that ruler,so divine right undermines civil society.If only one person has the authority to rule, all of thepublic servants they appoint will act in good faith, sodivine right supports the goals of civil society.Mark this and returnSave and ExitNextSubmit Sanchez, the defense lawyer, had wanted her client toplead guilty. Her client, Holmes, probably wasn't guilty, butthe prosecutor was going to use so many shady tactics tomake him look guilty, Sanchez wasn't sure she could win.With a guilty plea, Holmes would at least get a lightersentence. But there was no use arguing with him anymore.Holmes had insisted. "Even if they lock me up for years," hehad said, "I will never admit to that crime." Holmes was adifficult man to work with, but Sanchez admired his senseof honor.The judge banged her gavel and asked, "How do youplead?"Sanchez took a deep breath. "Not guilty, Your Honor," shesaid. And so the trial began.Which character in the story is most clearly the antagonist?A. SanchezB. HolmesC. The prosecutorO D. The judge In this activity, you'll read and analyze a poem called "The Bells" by Edgar Allan Poe. You will write short answers to a series of questions about how word choice and literary devices in the poem contribute to the tone, mood, meaning, and theme. Then you'll describe how "The Bells" fits into the category of Gothic literature. A tabletop has an area of 12 square feet and a perimeter of 16 ft. What are the dimensions of the table? 2 ft by 6 ft 2 ft by 8 ft 4 ft by 3 ft 4 ft by 4 ft Use the slider to change the value of b. Which statement is true? If the value of b is increased from 0, the graph moves up. If the value of b is increased from 0, the graph gets less steep. If the value of b is decreased from 0, the graph moves up. If the value of b is decreased from 0, the graph gets steeper. Ronnie surveyed students to find out which school sport they participated in. Below are the results from the first ten people he surveyed. Which type of graph best displays the data? A. circle graph B. line graph C. histogram D. Venn diagram Suppose that JB Cos. has a capital structure of 75 percent equity, 25 percent debt, and that its before-tax cost of debt is 14 percent while its cost of equity is 18 percent. Assume the appropriate weighted-average tax rate is 25 percent.What will be JBs WACC? (Round your answer to 2 decimal places.) WACC______ % Determine the domain and range for the function.f (x) = x + 7 Why does she say that a mix of sadness and pleasure frequently occurs in a writers life what causes convection in currents in the air? a. the revolution of the earth around the sun. b. the rotation of the earth around itself. c. the heat on the surface of the earth. d. conversion of solid-gas directly A conical-shaped umbrella has a radius of 0.4 m and a height of 0.45 m. Calculate the amount of fabric needed to manufacture this umbrella. (Hint: an umbrella will have no base) What would the constitutional amendment proposed in the critteden compromise have done An ordinary 6-sided die has a number on each face from 1 to 6 (each number appears on one face). How many ways can I paint two faces of a die blue, so that the product of the numbers on the painted faces isn't equal to 6? A population of fish has 11,140 individuals. They have a death rate of 100 per year and a birth rate of 120 per year. Assuming 50 fish migrate into the population and 25 migrate out of the population per year, how many individuals would there be after the first year Please identify what type of error the following sentence includes: After significant financial losses last quarter, construction on the new office will begin in one year's time. A body of volume 100cc immersed completely in water contained in a jar. The weight of water and jar before immersion of the body was 700gm. After immersion, what will be the weight of water and jar?