Which of the following is the correct accounting equation?
A) Assets + Liabilities = Equity
B) Assets = Liabilities + Equity
C) Assets + Revenues = Equity
D) Assets + Revenues = Liabilities + Expenses
B
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Explain the principle of cognitive consistency
What will be an ideal response?
A store has determined that the weekly sales of a product is related to the number of customers who visit the store and the square feet of shelf space, x, according to the following equation: -20x2 - 10C2 + 40Cx + 120x - 200
C represents the hundreds of customers who visit their store. If a store averages 200 customers per week, how many square feet of shelf space is required to maximize sales? A) 3 B) 4 C) 5 D) 1 or 9
B2B buying decisions are often made by
A. resellers. B. governors. C. consumers. D. influencers. E. committees.
Which of the following should be included in the computation of an expansion project's terminal cash flow?
A. Any change in net working capital that was recognized at the time the project was purchased B. The project's externalities C. The initial cost (purchase price) of the project D. The opportunity cost of the project E. The sunk cost associated with the project