breeze inc. receives payment of $800,000 for 4 wind turbines that were delivered and invoiced on credit in the previous month. how would this receipt impact the accounting equation of breeze inc.? select all that apply.

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01-12-2022
Business

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breeze inc. receives payment of $800,000 for 4 wind turbines that were delivered and invoiced on credit in the previous month. how would this receipt impact the accounting equation of breeze inc.? select all that apply.

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akursharma9034 akursharma9034 · Answer 1 · 2022-12-05T23:42:04-05:00

Assets rise by $800,000 as a result of the company receiving cash and fall by $800,000 as a result of the company losing the right to do so.

In order to take advantage of the inherent benefits of working as a team, such as significantly lowering the risks of the investment, one can invest money alongside other investors through an investment fund. These benefits include the capacity for: Increase asset diversification to lessen some unsystematic risk; employ professional investment managers who may give better returns and better risk management; take advantage of economies of scale, i.e., lower transaction costs. It is still unknown if professional active investment managers can consistently increase risk-adjusted returns by a sum greater than their fees and costs. Investment funds are frequently referred to as investment pools, collective investment vehicles, collective investment schemes, managed funds, or collective investment plans, depending on the language used.

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