Jan. 2 stockholders invested $15,000 cash in the business in exchange for common stock. 3 purchased used car for $8,200 cash for use in the business. 9 purchased supplies on account for $500. 11 billed customers $1,800 for services performed. 16 paid $200 cash for advertising. 20 received $780 cash from customers billed on january 11. 23 paid creditor $300 cash on balance owed. 28 declared and paid a $500 cash dividend. for each transaction indicate the following. (a) the basic type of account debited and credited (asset, liability, stockholders’ equity). (b) the specific account debited and credited (cash, rent expense, service revenue, (c) whether the specific account is increased or decreased. (d) the normal balance of the specific account.

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

Which statement is true of both presidential and parliamentary systems of government? a. the executive branch operates independently from the legislative branch. b. the members of the legislative branch are directly elected by the people. c. the head of government is chosen by members of his or her political party. d. the head of government is directly elected by the people

You are the manager in charge of global operations at bankglobal – a large commercial bank that operates in a number of countries around the world. you must decide whether or not to launch a new advertising campaign in the u. s. market. your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on u. s. operations. in addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $8 million if the u. s. advertising campaign were launched. your goal is to maximize bankglobal’s value. should you launch the new campaign? explain. pre-advertising campaign post-advertising campaign total revenues $18,610,900 $31,980,200 variable cost tv airtime 5,750,350 8,610,400 ad development labor 1,960,580 3,102,450 total variable costs 7,710,930 11,712,850 direct fixed cost depreciation – computer equipment 1,500,000 1,500,000 total direct fixed cost 1,500,000 1,500,000 indirect fixed cost managerial salaries 8,458,100 8,458,100 office supplies 2,003,500 2,003,500 total indirect fixed cost $10,461,600 $10,461,600