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2 years ago

Question content area prepaid expenses are eventually expected to become:

1 answer:

3 0

Prepaid expenses are eventually expected to become expenses when their future economic value expires. This is further explained below.

<h3>What are Prepaid expenses?</h3>

Generally, Prepaid expenses are simply defined as an asset on the balance sheet since they represent cash spent in advance for products or services.

In conclusion, When the future economic worth of costs that have been prepaid expires, the prepaid amount is written off as an expense.

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which, among the undernoted inter-market demand correlations, would make pooling work most effectively in order to reduce demand

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2 years ago

In 2005, Anthara Inc. acquired Sathya Inc. for $1,200 million when the fair value of net assets (assets minus liabilities) of Sa

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Answer:

$20 million

Explanation:

Data provided in the question:

Book value of assets in 2005 = $1,200 million

Fair value of assets in 2005 = $955 million

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Impairment Loss = Fair value - Carrying value of Net assets

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3 years ago

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3 years ago

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Answer:

Ethnocentric

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3 years ago

How can producers maximize their profit? Check all that apply.

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Answer:

They can work to decrease their marginal cost.

They can raise prices to increase marginal revenue,

They can keep marginal costs below marginal revenues,

Explanation:

Marginal cost is the additional expense incurred by producing an extra unit. Marginal revenue is the extra profit realized by selling an additional product or service. To maximize profits, firms should stop selling and production activities when the marginal cost equal to marginal revenue. A profit-maximizing firm is profitable when marginal revenue is greater than or equal to marginal cost.

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3 years ago