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1 year ago

which would be considered liabilities? check all that apply.motorcycle loanown a housecar loancredit card billmortgage

Business

1 answer:

Alex777 [14]1 year ago

5 0

Credit cards would be considered liabilities.

4 major types of credit cards are Visa, MasterCard, American explicit and discover. Those are the main credit card networks, which most credit playing cards belong to, and they dictate where cards can be used in addition to what secondary benefits cards offer.

It's generally recommended that you have to a few credit card accounts at a time, in addition to different styles of credit scores.

Keep in mind that your general available credit and your debt-to-credit ratio can impact your credit scores. if you have greater than 3 credit score playing cards, it is able to be hard to maintain song of monthly bills.

Learn more about credit card here: brainly.com/question/6872962

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Sb-21 for most anchoring situations, which is the best type of anchor line?

Vadim26 [7]

The best type of anchor line is three strand twisted nylon in most anchoring circumstances. Three strand line can absorb shock and the constant tugging associated with anchoring much better than braided line or chain alone. The chain may also be used specially in anchorages that are main rock or coral which may cut a nylon line. A length of chain should be used among the anchor and a longer length of line. The chain will add weight to set your anchor without creation it too heavy to lift manually while serving to exert a horizontal pull on the anchor to set it.

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3 years ago

The particular market segment your company is trying to sell your products or services to is your _________.

Dafna11 [192]

Should be target market

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3 years ago

In January, Dieker Company requisitions raw materials for production as follows: Job 1 $970, Job 2 $1,700, Job 3 $790, and gener

Mekhanik [1.2K]

Answer:

Dr Work in Process Inventory $3460

Cr Manufacturing Overhead $660

Cr Raw materials Inventory $2,800

Explanation:

Preparation of a summary journal entry to record raw materials used.

Based on the information given the summary journal entry to record raw materials used will be:

Dr Work in Process Inventory $3460

($970+$1700+$790)

Cr Manufacturing Overhead $660

Cr Raw materials Inventory $2,800

($3460-$660)

(To record raw materials used)

3 0

3 years ago

Pepper Corporation owns 75 percent of Salt Company's voting shares. During 20X8, Pepper produced 50,000 chairs at a cost of $79

ludmilkaskok [199]

Answer: c. $1,422,000

Explanation:

The Cost of Goods that goes into the Consolidated income statement would be the goods that were sold to unaffiliated companies. The original cost of production would apply:

= Quantity sold to unaffiliated companies in 20X8 * Cost for Pepper

= 18,000 * 79

= $1,422,000

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3 years ago

On October 1, 2018, Swifty Company places a new asset into service. The cost of the asset is $125000 with an estimated 5-year li

Novosadov [1.4K]

Answer:

The book value of the plant asset on the December 31, 2018 is $75,000.

Explanation:

Determine the depreciable cost,

The depreciable cost = Acquisition cost - Salvage value.

The depreciable cost = 125,000 - 30,500.

The depreciable cost = $94,500.

Determine the annual depreciation expense,

The annual depreciation expense = depreciable cost/useful life

The annual depreciation expense = 94,000/5

The annual depreciation expense = $18,900.

Find the % rate of depreciation .

The % rate of depreciation = (18,900/94,500) × 100.

% rate of depreciation = 20%

Since it is the double-declining-balance method of depreciation we multiply the % rate by 2 = 20% × 2 = 40%

Applying the rate to the carrying value of the asset to obtain current year's depreciation expense.

Current year's depreciation expense = Carrying value of the asset × the depreciation rate %.

Current year's depreciation expense = 125,000 × 40%.

Current year's depreciation expense = $75,000

4 0

3 years ago