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2 years ago

The sale of an intangible asset for cash is classified in the statement of cash flows as a(n):________

Business

1 answer:

Cloud [144]2 years ago

3 0

The sale of an intangible asset for cash is classified in the statement of cash flows as a(n) Investing activity.

An asset that is not physical in nature is said to be intangible. Intangible assets include goodwill, brand awareness, and intellectual property like patents, trademarks, and copyrights. Contrasting with tangible assets like real estate, automobiles, machinery, and stock are intangible assets.

Furthermore, financial assets that get their value from contractual claims, such as stocks and bonds, are regarded as tangible assets.

An asset that is not physical in nature, such as a patent, brand, trademark, or copyright, is referred to as an intangible asset.

Intangible assets can be produced or purchased by businesses.

An intangible asset may be seen as definite or indefinite, such as a contract or legal arrangement (for example, a brand name).

A company's intangible assets do not appear on the balance sheet and do not have a documented book value.

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Most companies have the need for a _________ department that can quickly repair and troubleshoot systems, as well as provide tec

iragen [17]

Answer:

IT Department

Explanation:

Most companies have the need for an <em>IT</em> department that can quickly repair and troubleshoot systems, as well as provide technical support to employees.

An T Department takes care of all the technical streams running throughout the office. f any error or shortcoming occurs, the IT department makes sure they get rid of the bug that is causing the glitch.

They help the employees and provide them with technical support, since now a days, companies are 50% based on technology and any trouble can cause harm to the organization.

4 0

3 years ago

Your friend Burrell says that the government should hire fewer social workers in order to reduce the cost of federal assistance

BARSIC [14]

Answer: b) peoples' responses to financial incentives.

Explanation:

Burrell would be wrong because the most leakage in federal assistance programs comes from the way people respond to financial incentives.

Some people who have received this assistance from the Federal government have decided that it would be better to keep receiving this assistance instead of working to actually get paid.

This has led to more people seeking assistance thereby increasing the number of people needing assistance and invariably increasing the cost of these federal assistance programs.

4 0

3 years ago

A person starts her own business after quitting a job in which she made $75,000 a year. Expenses include $100,000 for wages and

romanna [79]

Explicit costs are business expenses that are easily identifiable and can be accounted for.

1) Wages and salaries = 100,000
2) Utilities expenses = 15,000
3) Materials and Supplies = 150,000
4) Gasoline expense = 5,000

100,000 + 15,000 + 150,000 + 5,000 = 270,000 answer is C.

5 0

3 years ago

The economic principle of ______ says that when there are two houses in the same neighborhood with the same size, appeal, and ut

Rina8888 [55]

The economic principle of substitution says that when there are two houses in the same neighborhood with the same size, appeal, and utility, the lower-priced one will tend to sell first.

<h3>The economic principle of substitution</h3>

According to the principle of substitution, the cost of purchasing a substitute that is just as desired tends to establish the upper limit of value, assuming no inopportune delays.
A shrewd investor would not spend more on an asset that generates income than it would cost to construct or buy an asset of a similar nature.
According to this theory, the cost of acquiring a comparable substitute property with the same use, design, and revenue determine the maximum value of a property in most cases.
For instance, why would somebody pay $1,000,000 for a home when they could pay $750,000 for a different but as appealing home in the same neighborhood?

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4 0

2 years ago

ABC Company sells its 4G SD memory card for $ 15 per unit. The unit production cost is $ 3 and unit labor cost is $ 5. The packa

Tomtit [17]

Answer:

$93,750

Explanation:

Contribution margin=15-(5+3+3)=4

Fixed Costs=$60,000+$40,000=$100,000

Break even point in units=$100,000/4=25,000

Break even point in $=25,000/(4/15)=$93,750

7 0

3 years ago

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