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kari74 [83]
2 years ago
14

which would be considered assets? check all that apply.own a guitarchecking accountstudent loanstocks and bondsmonthly rentown a

mot
Business
1 answer:
Harrizon [31]2 years ago
5 0

The correct options are

  • own a guitar
  • checking account
  • stocks and bonds
  • own a motorcycle

A resource having economic worth that a person, business, or nation possesses or controls with the hope that it would someday be useful is referred to as an asset. The balance sheet of a business lists assets. They are divided into four categories: tangible, financial, fixed, and current. They are acquired or produced in order to raise a company's worth or improve the operations of the company. Whether it's industrial equipment or a patent, an asset may be viewed of as anything that, in the future, can create cash flow, lower expenditures, or increase sales. A resource having economic worth that a person, business, or nation possesses or controls with the hope that it would someday be useful is referred to as an asset.

To know more about assets refer to brainly.com/question/19733618

#SPJ4

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A company had a standard sales price of $1.79 per unit and expected to sell 10,000 units. Due to a downturn in the economy, the
Sloan [31]

Answer:

Sales price variance = $1,900.

Explanation:

We know,

Sales price variance = (Standard sales price - Actual sales price) × Actual sales quantity

Given,

Standard sales price = $1.79 per unit.

Actual sales price = $1.59 per unit.

Actual sales quantity = 9,500 units.

Putting the values into the formula, we can get

Sales price variance = (Standard sales price - Actual sales price) × Actual sales quantity

or, Sales price variance = ($1.79 -  $1.59) × 9,500

or, Sales price variance = $0.2 × 9,500

or, Sales price variance = $1,900.

4 0
3 years ago
Compute the 2019 Federal income tax liability and the marginal and effective tax rates in each of the following independent case
muminat

Answer: a.19.59% b.15.11%.

Explanation:

Average tax  rate is given as  the total tax paid divided by  total taxable income which is expressed as a percentage and must be less than the marginal tax rate.

Chandler is single and reports

taxable income of $132,200.

Tax liability: 25,903

Marginal rate: 24 %

Average rate: 17.94 x % = wrong

Average rate = total liable tax/ total income= 25, 903/ 132,200=0.195937 rounded to 0.1959

0.1959 x 100 = 19.59%.correct

b. Lazare, a head of household, records

taxable income of $80,600.

Tax liability: 12,176

Marginal rate: 22 %

Average rate: 12.30 X %= wrong

Average rate = total liable tax/ total income= 12,176/ 80,600= .0.15106= 0.1511

0.1511 x 100 = 15.11%.correct.

4 0
3 years ago
How does recycling help bridge the gap between renewable and nonrenewable resources?
jasenka [17]
An item that is recycled requires less energy than the disposal and manufacture of a new item. As a result, it can limit the waste of nonrenewable resources such as fossil fuels. More efficient use of nonrenewable resources increase their lifetime reserves, making them more comparable in logetivity to renewable resources.
6 0
3 years ago
A government imposes _____ to increase competition in the marketplace.
alina1380 [7]
I believe the correct answer from the choices listed above is option C. A government imposes tarriffs to increase competition in the marketplace. It is a<span> tax imposed on imported goods and services. It is used to restrict trade. Hope this answers the question.</span>
6 0
3 years ago
Read 2 more answers
Parsons Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last
arsen [322]

Answer:

option (C) 32,750 hours

Explanation:

Data provided in the question:

Actual manufacturing overhead cost = $250,000

Overapplied overhead = $12,000

Predetermined overhead rate = $8.00 per direct labor-hour

Now,

The total Manufacturing Overhead applied last year

= Actual manufacturing overhead cost + Overapplied overhead

=  $250,000 + $12,000

= $262,000

Therefore,

Direct Labor Hours worked last year = \frac{\textup{Total Manufacturing Overhead applied}}{\textup{Predetermined overhead rate}}

or

=  \frac{\textup{262,000}}{\textup{8}}

= 32,750 hours

Hence,

The correct answer is option (C) 32,750 hours

6 0
3 years ago
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