This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When a business elects to lease a piece of equipment, the resulting impact on the business's balance ... (Read 85 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
on: Aug 10, 2018
When a business elects to lease a piece of equipment, the resulting impact on the business's balance sheet would be
 
  A) an increase in Liabilities. B) a decrease in Owner's Equity.
  C) an increase in Owner's Equity. D) an increase in Assets.

Question 2

If an investor makes a profit of 15,000 on a 100,000 investment, the rate of return (ROI) on that investment would be:
 
  A) 66.6. B) 10.0. C) 15.0. D) 150.0.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yotaSR5

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Aug 10, 2018
Answer to Question 1

A

Answer to Question 2

C


scienceeasy

  • Member
  • Posts: 565
Reply 2 on: Aug 10, 2018
:D TYSM

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Wearing safety equipment is essential at all ages Wearing safety equipment is essential at all ages
Maintaining Physiological Balance Maintaining Physiological Balance
Equipment used for administering inhalation medications. Equipment used for administering inhalation medications.
Material Balance on Coolers in series Material Balance on Coolers in series
Material Balance over #3 Heat Exchanger Material Balance over #3 Heat Exchanger
Sodium’s chief role is regulation of fluid balance Sodium’s chief role is regulation of fluid balance
Video: Wound Repair Animation

For a complete list of videos, visit our video library