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2 years ago

Pandey Inc. had the following activities during the month:______.

Business

1 answer:

telo118 [61]2 years ago

5 0

Answer:

Based on the analysis, the basic accounting equations holds as follows:

Total Assets = Total Liabilities + Total Shareholders' Equity => 2,078,000 = 1,912,000 + 166,000

Explanation:

Note: See the attached excel file for the horizontal analysis.

For event C: Advance payment for Equipment rentals = $29,000 * 5 months = $145,000

All the items under the shareholders’ fund are income statement items that will affect the retained earnings.

The additional note below the horizontal analysis in the excel file shows that accounting equations holds. That is;

Total Assets = Total Liabilities + Total Shareholders' Equity => 2,078,000 = 1,912,000 + 166,000

Download xlsx

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Everything Looks Like a Nail, Inc. is a manufacturing company that produces hammers. The company faces a number of different fix

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Answer:

a. Regulatory compliance costs - Fixed cost

b. Salaries of top management and key personnel - Fixed cost

c. Cost of metal used in manufacturing - Variable cost

d. Cost of wood used in manufacturing - Variable cost

e. Mortgage payments - Fixed cost

f. Industrial equipment costs - Fixed cost

g. Interest on debt - Fixed cost

h. Postage and packaging costs - Variable cost

Explanation:

The cost which is affected by the production of units is known as variable cost. The cost which does not vary with the units produced is fixed cost. Fixed cost does not change from period to period irrespective of level of output and is usually same for a certain period. It is easy to budget for fixed costs instead of variable cost. Variable cost changes every period and is based on company's output.

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2 years ago

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What does Andrew Mohebbi name as being the best thing about being an entrepreneur? (Site 1)

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Having very flexible hours and being able to travel. This was due to his business only required a computer and internet access so he was able to work from anywhere as long as he had these things. Also the freedom to go from idea to reality quickly.

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Assume that speculators purchased a futures contract at the beginning of the year. If the price of a security represented by the

tangare [24]

Answer:

If the price of a security represented by the futures contract <u>INCREASED</u> over the year, then these speculators would likely have purchased the futures contract for <u>LESS</u> than they can sell it for.

Explanation:

The whole idea behind securities trading is to buy cheap and sell at a higher price. The term speculator usually refers to an investor that only trades with securities to be able to make short term gains, they do not invest money as long term investments. There is nothing wrong with them, it a risky job that yields high gains or extreme losses.

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2 years ago

Russia and Qatar made the first serious moves in October 2008 toward forming an OPEC-style cartel for natural gas. The two strat

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Answer:

The outcome of this game is that both countries will cheat

Explanation:

Solution

Recall that

For Russia:

If Qatar cheats or found cheating is = zero cheat

If Qatar co-operates = 140 million (co-operates or comply)

For Qatar:

If Russia cheats or found cheating is = it is considered as a zero cheat

If Russia cooperates = 140 million (co-operates or comply)

So,

The outcome of equilibrium = (0,0)

Therefore the outcome of this game is that both countries will cheat

Note: Kindly find an attached copy of part of the solution to the question given.

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2 years ago

The risk associated with the unlikelihood that one of the key members will be struck by lightning would most likely be handled b

vova2212 [387]

Answer:

B) Retaining

Explanation:

Retaining risk refers to the risk in which the company could able to take the decision with respect to the responsibility for some particular risk

Here in the given situation it represents that the risk is associated with one of the key members so this presents the responsibility that should be considered while retaining a risk

Hence, the correct option is B.

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