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Tutor profile: Elizabeth F.

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Elizabeth F.
Accounting Staff at Car Dealership
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Questions

Subject: Earth Science

TutorMe
Question:

The atmosphere is composed of many gases. What percentage does oxygen make up the atmosphere?

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Elizabeth F.
Answer:

21%

Subject: Accounting

TutorMe
Question:

Following the accounting equation, what is the effect on owner's equity when there is an increase in liability?

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Elizabeth F.
Answer:

Liability and owner's equity are on the same side of the equation since assets = liability + owner's equity, which means that an increase in liability will have a corresponding decrease in owner's equity in order to stay balanced.

Subject: Business

TutorMe
Question:

What does employment-at-will mean?

Inactive
Elizabeth F.
Answer:

Employment-at-will is the ability of an employer to terminate an employee any time without due cause. Similarly, the employee may also quit their jobs at any time without warning the employee.

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