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i need explainition for the answer of question 7 and 8 I already got the answer, but I need the explainition for each choice. November,
i need explainition for the answer of question 7 and 8
November, Dasani paid its employees $160,000. At the end of November, Dasani owed its employees $20,000. How much did the Dasani employees earn during the month of November? Do.ovo $135,000 b $205,000 c $185,000 d $95,000 e None of the above ,ovD 7 If, near the end of the year, a company decided it wants to increase its net income before the end of the year, which of the following would help it to do that? a It could delay paying amounts owed for inventory that had been received. b It could delay paying dividends until after the end of the year. c It could try harder to collect accounts receivable d It could delay paying amounts owed for utilities until the next year. e None of the above would increase net income. 8 Which of the following is true regarding equity and debt holders? a Debt holders hope to receive dividends and interest from the company. b Equity holders receive a stated amount of interest plus a return of their original investment. c The maximum amount debt holders can receive is the amount originally loaned plus interest. d Equity holders hope to receive dividends, interest, and an increase in the stock price. e Debt holders benefit from an increase in the stock price. Use the following information taken from the annual financial statements to answer questions 9 and 10: 2011 2012 2013 2014 I already got the answer, but I need the explainition for each choice.
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