If total liabilities increased by $ 2,000 and the assets increased by $2,000 during the accounting period, what is the change in the owner's equity amount?

You have $19,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 15 percent and Stock Y with an expected return of 12 percent. Assume your goal is to create a portfolio with an expected return of 13.25 percent.

The cost of merchandise sold during the year was $54,000. Merchandise inventories increased by $2,000. Accounts payable increased by $3,000.

The wayside motel has monthly fixed costs of $6,000, and its average daily rate (adr) is $50. if its variable costs per room are 40% of adr, how many rooms must be sold to break even? a. 120 rooms b. 150 rooms c. 200 rooms d. 300 rooms

Which of the following statements is false? (Select the best answer below.) A. Most stockholders would prefer a cash dividend due to the lower tax rate on dividend income than on capital gain from repurchase. B.

Bravo Unlimited provided accounting services, valued at $7,500, to its clients during the month of January 2016. Formal bills are sent to clients during the first week following the month in which services are provided.

What is the role of the Office of the Comptroller of the Currency? 1. it adjusts the interest rates for loans. 2. it ensures all financial institutions follow banking laws. 3. It protects up to $250,000 of customer deposits. 4.

Within the domain of logistics management, the customer service concept implies that firms should:

Which firm provides the better signal when trying to decide which of the firms' stock to buy? A. Firm A, which uses an independent accounting firm for auditing. B. Firm B, which uses an internal group for auditing. C.

During which month would you have the most time to devote to freelance floral projects? A. September B. October C. December D. November

Interruptions such as answering the telephone and checking e-mails fall under which of the following quadrants in the time management matrix? A. Quadrant 4 B. Quadrant 1 C. Quadrant 3 D. Quadrant 2