1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Stolb23 [73]
2 years ago
5

Interest expense is not: Multiple Choice Incurred on long-term liabilities. Reported on the income statement. A fixed expense. L

ikely to vary due to short-term changes in sales or other operating activities. A factor in determining a company's borrowing risk.
Business
1 answer:
ankoles [38]2 years ago
5 0

Interest expense is not Incurred on long-term liabilities.

Option i) Incurred on long-term liability.

Interest expenses are not recorded in the balance sheet. It should be recorded in the income statement.

The interest expense is a non-operating expense recorded on the expenses side of the income statement and it does not show as notes payable.

The interest expense is shown as a fixed cost or fixed expense it will be changed as based on the short-term changes or completion of payable.

The interest expense shows a factor in determining a company's borrowing risk.

Learn more about interest expenses at

brainly.com/question/12553420

#SPJ1

You might be interested in
When marx argued that capitalism “reproduces the class structure,” he meant that?
Lisa [10]
If you are rich, you own the means to make more money. Your son will then take over from you, and the class structure will remain intact. Likewise, if you are poor, you can only afford to work in a factory, you cannot pay for a good education for your child, they'll end up working in a factory  to survive. The class structure remains the same, each generation of rich people will exploit every generation of poor people. That was also why Marx thought the workers must unite and take control of the means of production, so that they would not be exploited. 
6 0
3 years ago
An oil refinery is located on the north bank of a straight river that is 3km wide. A pipeline is to be constructed from the refi
Mariulka [41]

Answer:

$6,598,076.21

Explanation:

<h2>THE KEY IS TO FIND OUT THE COST FUNCTION, the calculations are very easy!!!</h2><h2></h2><h3>In order to find the cost function, take a look at the drawing attached. </h3>

We can see the river (sort of) that is 3 km wide and the storage tanks on the other side of the river 8 km apart.

<h3 />

Laying pipes under (across) the river costs 1,000,000 the km & laying pipes over land costs 500,000 per km.

<h3 /><h3>So basically the cost function is 1,000,000 multiplied by something plus 500,000 multiplied by another something.</h3><h3 />

The distance across the river can be found by using Pythagoras Theorem. A side is 3 km the other is unknown, so we call it X. And it is equal to:

\sqrt{3^{2} +x^{2}}=\\\sqrt{9 +x^{2}}

And we multiply it by 1,000,000; the cost of laying pipe under the river, the we get:

1000000\sqrt{9+x^{2}

The distance over the land is (8-x), as we can see in the drawing. So we multiply it by its cost, 500,000. And we get 500,000(8-x).

So the cost function f(x) would be:

f(x)=1000000\sqrt{9+x^{2}} + 500000(8-x)

<h2>From here, we just have to differentiate and the derivative found must be equal to zero in order to minimize cost. </h2><h3>The value of x when the derivative is zero is plugged in the original function to get the cost.</h3><h3 /><h2>LET'S DO THIS</h2>

f(x)=1000000\sqrt{9+x^{2}} + 500000(8-x)\\f(x)=1000000(9+x^{2})^{1/2}+4000000-500000x\\f'(x)=\frac{1}{2} 1000000(9+x^{2})^{-1/2}(2x)-500000\\\\f'(x)=\frac{1000000x}{\sqrt{9+x^2}}  - 500000

<h2>f'(x)=0</h2>

f'(x)=\frac{1000000x}{\sqrt{9+x^2}}  - 500000=0\\\frac{1000000x}{\sqrt{9+x^2}}  = 500000\\\frac{2x}{\sqrt{9+x^2}}  = 1\\2x={\sqrt{9+x^2}}\\4x^2=9+x^2\\3x^2=9\\x^2=3\\x=\sqrt{3} \\

And we plug square root of 3 in the original cost function  ad we get

f(\sqrt{3} )=1000000\sqrt{9+x^{2}} + 500000(8-x)\\f(\sqrt{3})=1000000\sqrt{9+(\sqrt{3} )^{2}} + 500000(8-(\sqrt{3}))\\f(\sqrt{3})=1000000\sqrt{9+3} + 500000(8-(\sqrt{3}))\\f(\sqrt{3})=1000000\sqrt{12}+500000(6.27)\\f(\sqrt{3})=1000000(3.46)+500000(6.27)\\f(\sqrt{3})=3464101.62+3133974.60\\f(\sqrt{3})=6598076.21\\

<h2>so the minimal cost is $6,598,076.21</h2><h2 /><h3 />

6 0
3 years ago
When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached?.
Vlad1618 [11]

Answer:

the condition that has been reached is market equilibrium.

5 0
2 years ago
Last year, a toy manufacturer introduced a new toy truck that was a huge success. The company invested $2.50 million in a plasti
aev [14]

Answer:

P= 18

Explanation:

Giving the following information:

Fixed costs= 2,500,000 + 300,000= 2,800,000

Variable costs= 10 per unit

Estimated demand= 100,000 units

Break-even point= fixed costs/(P - variable cost)

100,000= 2800000/(P - 10)

100000*(P - 10)= 2,800,000

100000*P - 1,000,000= 2,800,000

100000P=1,800,000

P= 18

8 0
3 years ago
has excess cash of​ $15,000 at the end of the harvesting season. will need this cash in four months for normal operations. Requi
kolezko [41]

Answer:

1)

Some of the major reasons why Garden Haven might to choose to either  invest in debt or equity securities are as follows;

  • They want to generate earnings. It is better to earn money from excess cash than keep it idle.
  • They invest in debt or securities because they provide liquidity. Investments in debt or securities can be sold through exchange the day decision is taken to see and convert it cash .
  • To meet cyclical cash needs.
  • They may have policies as regard to quantum of cash that can be kept .

2)

In terms of classification, Garden Haven's investment falls in short term investments.

Investments made for a period less than a year are classified as short term investments. Investments made for longer than one year are classified as long term investments. Since Garden Haven is making this investment for four months, this is be classified as short term investment.

8 0
3 years ago
Other questions:
  • Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion cost
    10·1 answer
  • The XYZ Company is a world leader in medical device manufacturing. Aiming to continue its market position in this industry, the
    15·1 answer
  • During its first year of operations, Forrest Company paid $44,760 for direct materials and $50,600 in wages for production worke
    5·1 answer
  • Martinez Corporation commenced operations in early 2020. The corporation incurred $48,500 of costs such as fees to underwriters,
    14·1 answer
  • When the US government becomes aware of economic changes, the discovery is most likely to influence how the nation allocates res
    15·2 answers
  • All of a country’s citizens pay the ___A__an income tax that is 7% of their annual earnings. This tax is___B____ tax
    14·2 answers
  • LG, a South Korean electronics company, has four divisions: Home Entertainment, Mobile Communications, Home Appliance &amp; Air
    15·1 answer
  • Most people in the United States were not expecting the stock market to crash.
    14·1 answer
  • The ability to automatically detect the occurrence of an abnormality, thereby helping achieve quality at the source, is?
    7·1 answer
  • Limits on the quantity or total value of specific products imported to a nation are:_____.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!