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Minchanka [31]
2 years ago
10

A prepayment that is originally recorded as an asset will be ______.

Business
1 answer:
Elena-2011 [213]2 years ago
3 0
Allocated to future accounting periods equally over the periods receiving the benefit.
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Suppose apples come in two quality​ levels, low quality and high quality. At a store in the​ apple-growing region, the price of​
dedylja [7]

Answer:

Yes.

Explanation:

Given that,

Price of​ low-quality apples = ​$1 per pound

Price of high-quality apples = $4 per pound

Marginal utility of low-quality apples = 3 utils

Marginal utility of high-quality apples = 12 utils

Equimarginal:

(Marginal utility of low quality apples ÷ Price per apple) = (Marginal utility of high quality apples ÷ Price per apples)

(3 utils ÷ $1) = (12 utils ÷ $4)

3 = 3

Yes, Timmy is maximizing his utility as his equimarginal utility is same for both the goods as shown above.

5 0
3 years ago
Of the following sets of accounting entries, which one correctly records the purchase of a piece of equipment? A : a $15,000 inc
Butoxors [25]

Answer: The correct answer is  B : a $5,000 decrease in cash, a $15,000 increase in notes payable, and a $20,000 increase in equipment, all entered on the same date.

Explanation: The option B is correct because we are accounting for a purchase of a piece of equipment. The options in the questions show that the purchase was partly through cash and partly through notes payable. Since that is the case, the appropriate entries should record a cash outflow (credit to cash to decrease it), increase in notes payable as a result (credit to notes payable to increase) and subsequently, increase in equipment (debit to equipment). <em>So, the total credits equal the total debit.</em>

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3 0
3 years ago
A company has employed two workers A and B whose productivities are 20units and 15units respectively. The wage for A is k12 whil
Leni [432]

Answer:

no

Explanation:

In order to achieve optimal employment level, the ratio of productivity between employees must be equal to the ratio between their wages, e.g. an employee who is 25% more productive, should earn 25% more.

In this case, the productive ratio is 15:20 or 3:4, while the wage ratio is 8:12 or 2:3. Since the wage ratio is lower than the productivity ratio (2:3 < 3:4), the two employees are not optimally employed.

3 0
3 years ago
Comfort Cloud manufactures seats for airplanes. The company has the capacity to produce​ 100,000 seats per​ year, but currently
trapecia [35]

Answer:

Decrease by $ 186,000

Explanation:

Variable Mfg. Cost $ 270

Variable Marketing $ 100 + increased by 2 per unid = $ 102

Total Variable $ 372

NOW Sales Price $ 310

Less Total Variable Cost 372

= Contribution Margin $ -62

Times units sold × 3000

= losses $ 186,000

4 0
3 years ago
Read 2 more answers
What was the greatest percentage loss in your total portfolio?
Natasha2012 [34]

-2.99% was the greatest percentage loss in total portfolio.

Subtract the purchase price from the current price and divide the result by the asset's purchase prices to determine the net gain or loss in the portfolio. The above method can be modified to determine a portfolio's percentage return. You will base your calculations on the overall value of your portfolio rather than the stock's acquisition price and market value.

A stock portfolio is a selection of equities you purchase in the anticipation of a profit. You can become a more robust investor by assembling a varied portfolio that spans several industries.

To learn more about portfolio refer here:

brainly.com/question/17165367

#SPJ4

Complete Question:

You'll now need to do some math to compute the percentage change in the value of your total portfolio. For each monthly statement, add up the value of the two funds to get your total portfolio value at the end of that month. Compute the month to month percentage change of the value of your portfolio by subtracting the beginning value from the ending value and then dividing it by the beginning value . What was the greatest percentage loss in your total portfolio?

3 0
2 years ago
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