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Artist 52 [7]
2 years ago
14

12.) A hypothetical condition would be employed in an assignment to

Business
1 answer:
Irina-Kira [14]2 years ago
7 0

Answer:

n an appraisal assignment, a hypothetical condition is used when a property is appraised under a condition that is contrary to what is known by the appraiser to exist on the effective date of the assignment results.

Explanation:

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Janet works as a manager at unicorn infra inc. janet and her team members are primarily responsible for procuring the funds need
Vlad1618 [11]

<span>Janet is a financial procurement manager of Unicorn Infra Inc. She is responsible for the efficient and effective management of the company’s  funds. Her function includes planning, organizing, directing and controlling of activities with regards to its procurement and  use. </span>

7 0
4 years ago
Soundgarden Company sold 200 color laser copiers on July 10, 2020, for $4,000 apiece, together with a 1-year warranty. Maintenan
tester [92]

Answer:

Explanation: Journal Entries for the sale.

DR: Bank/Cash. $800,000

CR: Sales. $783,000

CR: Warranty on sales. $17,000

Being sales of 200 color printers at $4,000 per piece.

DR: warranty expense. $330

CR: Warrant on sales. $330

Being actual expense incurred on warranty for year 2020

6 0
3 years ago
Read 2 more answers
American General Company experienced the following accounting events during 2014:
12345 [234]

Answer:

1.  Operating Activities (OA)

2. Financing Activities (FA)

3. Financing Activities (FA)

4. Investing Activities (IA)

5. Operating Activities (OA)

6.  Operating Activities (OA)

7. Investing Activities (IA)

8. Financing Activities (FA)

9. Not applicable (NA)

10. Financing Activities (FA)

Explanation:

Statement of cash flows is one of the three major financial statements. The statement analyses the cash generated and cash expended by an entity in a given period. The statement collates the analysis under three categories

1. Operating Activities

2.Investing Activities

3.Financing Activities

Operating activities comprise of cash generated and expended by the entity on its normal business operation during the period. Examples of this are cash received from customers, cash paid to suppliers, rent paid to landlord, cash expenses paid etc.

Investing activities consist of cash activities involving acquisition and disposal of assets and investment. Examples of such are cash receipt from sales of equipment, cash spent on purchase of investment securities.

Financing activities are cash activities involving the entity and provider of capital, equity owner and debt holder. Example of such activities are cash generated from issuance of bond, cash dividend paid to equity owner.

4 0
4 years ago
Draw an average fixed cost curve. Label it. The AFC curve has this shape because​ _______.
Murrr4er [49]

Answer:

(A) when output​ increases, the firm spreads its total fixed cost over a larger output

Explanation:

The average fixed cost will decrease as the output increase because the company allocate ths cost over a larger amount making the weight on each unit decrease:

\lim_{n \to \infty} \frac{x}{n} = 0

Using math we can determinate that the fixed cost tend to zer oas higher increase the amount of quantity produced.

8 0
4 years ago
According to the Insurance Institute of America, a family of four spends between $400 and $3,800 per year on all types of insura
CaHeK987 [17]

Answer:

Explanation:

Mean can simply be define as the average of a set of numbers.

$400 and $3,800 per year is spends on all types of insurance.

A= 400

B= $3,800

Using the formula:

u = a+b/2

=$400 +$3,800/ 2

=$4,200 /2

=$2,100

Therefore the mean amount spent on the insurance is $2,100

5 0
4 years ago
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