Which of the following is an example of increasing both current liability and use assets?
a.
paying off car loan and investing money in retirement fund
b.
paying down mortgage and putting money in savings
c.
selling a motorcycle to pay off a debt
d.
trading in an old car for a newer car and financing the balance

Option d -  Trading in an old cars for a newer car and financing the balance

Step-by-step explanation:

Assets are the resources controlled by an entity from which future economic benefit is expected.

Current Liabilities are the obligation that an entity has to pay off within 12 months.

When we are trading an old car for a newer car , there is an increase in the value of the asset.

Further it is given that the difference in value is financed. As a result there is an increase in current liability.

Hope it helps.

Thank you !!

let's add {f(x)=x+1}f(x)=x+1 and {g(x)=2x}g(x)=2x together to make a new function.

f(x)+g(x) =(x+1)+(2x)=x+1+2x=3x+1

let's call this new function hh. so we have:

{h(x)}={f(x)}+{g(x)}{=3x+1}h(x)=f(x)+g(x)=3x+1

we can also evaluate combined functions for particular inputs. let's evaluate function hh above for x=2x=2. below are two ways of doing this.

method 1: substitute x=2x=2 into the combined function hh.

h(x)

h(2)

​    

=3x+1

=3(2)+1

=7

​ since h(x)=f(x)+g(x)h(x)=f(x)+g(x), we can also find h(2)h(2) by finding f(2) +g(2)f(2)+g(2).

first, let's find f(2)f(2):

f(x)

f(2)

​    

=x+1

=2+1

=3

​  

now, let's find g(2)g(2):

g(x)

g(2)

​    

=2x

=2⋅2

=4

​  

so f(2)+g(2)=3+4=\greend7f(2)+g(2)=3+4=7.

notice that substituting x =2x=2 directly into function hh and finding f(2) + g(2)f(2)+g(2) gave us the same answer!