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
Roman55 [17]
1 year ago
8

Pierre wants to use the loan manager to track the long-term liability for his new pickup truck. what accounts must he set up pri

or to setting up the loan?
Business
1 answer:
dusya [7]1 year ago
5 0

To track the long-term liability for his new pickup truck Pierre has to set up a long-term liability account register.  

A long-term liability account register lists transactions related to debts that are due in more than one year like a mortgage. . Long-term liabilities are also known as non-current liabilities You can use a long-term liability account register to track and manage transactions that affect your long-term liability account.

In a long-term liability account register Debt ratios (such as solvency ratios) compare liabilities to assets. The ratios may be modified to compare the total assets to long-term liabilities only.

This ratio is called long-term debt to assets. Long-term debt compared to total equity provides insight relating to a financing structure and financial leverage. Long-term debt compared to current liabilities also provides insight regarding the debt structure.

TO learn more about long-term liability account register here

brainly.com/question/23040788?referrer

#SPJ4

You might be interested in
Keith and Dena Diem have personal property coverage with a​ $250 limit on​ currency, a​ $1,000 limit on​ jewelry, and a​ $2,500
netineya [11]

Answer:

Total Claim = $2416

Explanation:

The coverage on the currency = $250

The coverage on the jewelry = $1000

The limit on the gold, pewter, and silver = $2500

The amount that is stolen:

The amount of cash = $270

The worth of jewelry = $1734

Pewterware = $1666

The miximum coverage = 250 + 1000 + 2500 = $3750

Actual loss = 270 + 1734 + 1666 = $3670

Reimbursement amount = 250 + 1000 + 1666 = $2916

Total Claim = Total Amount Covered – Deductible  

Total Claim = $2916 - $500 = $2416

4 0
3 years ago
Question 13 of 20
TEA [102]

Answer:

Explanation:

Answer :A

5 0
3 years ago
Read 2 more answers
Define asset-backed security in your own words.​
Bezzdna [24]

Answer:

Asset-backed securities, also called ABS, are pools of loans that are packaged and sold to investors as securities

Explanation:

there you go

7 0
3 years ago
The marketing team of a regional airline company plans to launch a new marketing campaign to draw more customers to its flights.
MrMuchimi

Explanation:

<em><u>1</u></em><em><u>.</u></em><em><u> </u></em><em><u>advertising</u></em><em><u> </u></em>

<em><u>2</u></em><em><u>.</u></em><em><u> </u></em><em><u>distribution</u></em><em><u> </u></em>

<em><u>3</u></em><em><u>.</u></em><em><u> </u></em><em><u>well</u></em><em><u> </u></em><em><u>crafted</u></em>

4 0
2 years ago
Hurte-Paroxysm Products, Inc. (HP) of the United States exports computer printers to Brazil, whose currency, the reals (symbol R
Kaylis [27]

Answer:

Hurte-Paroxysm Products, Inc. (HP)

The short-run impact of each pricing strategy is as follows:

                                           Alternative 1                      Alternative 2

                             Reduce Price to $170     Maintain Price of $200

Gross profit                        $2,500,000               $3,200,000

Reduction in Gross Profit   $1,500,000                  $800,000

b. (2) maintain the same dollar price of $200, raise the real price in Brazil (to R$800 from R$680)to compensate for the devaluation, and experience a 20% drop in volume.

c. If HP maintains the same real price and same unit volume, the firm's gross profits will be $2,500,000.

Explanation:

a) Data and Calculations:

Exchange rate = R$3.40/US$

Current exports of printers per year to Brazil = 50,000

US unit price of printer in dollars = $200

Brazil unit price of printer in R$ equivalent = R$680 ($200 * R$3.40)

Unit price of printer in R$ when reals is devalued = R$800 ($200 * R$4.00)

The reduced dollar price with devaluation, when real price is maintained = $170 (R$680/R$4.00)

Before Devaluation of Brazil's Real (R$):

Sales volume            50,000

Sales revenue $10,000,000 (50,000 * $200)

Direct costs         6,000,000 (50,000 * $120)

Gross profit       $4,000,000

                              Alternative 1                  Alternative 2

                       Reduce Price to $170     Maintain Price at $200

Sales volume                50,000                      40,000 (50,000 * 80%)

Sales revenue      $8,500,000               $8,000,000 ($200 * 40,000)

Direct costs            6,000,000                  4,800,000 ($120 * 40,000)

Gross profit         $2,500,000                $3,200,000 ($80 * 40,000)

Direct costs = $6m ($120 * 50,000)        = $4.8m ($120 * 40,000)

8 0
3 years ago
Other questions:
  • Identify an expansionary fiscal policy. increasing personal taxes increasing government spending buying government securities in
    13·1 answer
  • The demand for emeralds tends to be very elastic. This is because emeralds are more of a _____________. It also means that a 33%
    5·1 answer
  • Consider the market demand for peanut butter.Complete the following table by indicating whether an event will cause a movement a
    7·1 answer
  • A city with a 12/31 fiscal year-end requires that restaurants buy a license, renewable yearly. Proceeds of the license fees are
    11·1 answer
  • Mark works strictly on commission of his gross sales from selling two different products for his company. last​ month, his gross
    5·1 answer
  • Suppose the United States has two​ utilities, Commonweath Utilities and Consolidated Electric. Both produce 20 million tons of s
    7·1 answer
  • Suppose the United States can produce either 90 apples and 20 oranges or 80 apples and 30 oranges. What is the opportunity cost
    12·1 answer
  • Which of the following is a responsibility of the board of directors?
    10·1 answer
  • What are the legal requirements to be fulfilled in order to start this business?
    6·1 answer
  • bart and claire are under contract for claire to buy bart's house, but her financing fell through. they decide to cancel the con
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!