The answer is true. Investments are financial commitments made to acquire assets in the hopes that their value would rise over time. Investment necessitates the loss of a current resource, such as time, money, or effort.
In the world of finance, investing is done in order to profit from the asset being put to use. A gain (profit) or loss realised through the sale of a home or investment, unrealized capital value (or loss), investment income like dividends, interest, or rental income, or a mix of capital gain and income may all be included in the return. The return may also include foreign exchange profits or losses.
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day
Explanation:
bc its day time and your doing things lol
Answer:
2:1
Explanation:
A firm has a current assets of $300,000
A current liabilities of $100,000
An inventory of $100,000
The quick ratio of the firm can be calculated as follows
Quick ratio= Current assets-inventory/Current liabilities
= $300,000-$100,000/$100,000
= $200,000/$100,000
= 2:1
Hence the quick ratio of the firm is 2:1
One thing that a process cost system cannot be used for from the given options is Motion pictures.
<h3>What is process costing?</h3>
This is a method of allocating cost that is based on the same item being mass-produced such that there is no discernable difference between the goods that were produced.
Motion pictures cannot be mass produced which is why they cannot use process costing, Every motion picture is unique and so something more specific is needed to apportion their cost.
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Answer:
$1,076,000
Explanation:
The computation of the carrying value of the bonds is shown below:
= Face value of the bond + unamortized bond premium
= $1,060,000 + $16,000
= $1,076,000
We simply added the face value of the bond and the unamortized bond premium so that the carrying value of the bond could come
All other information which is given is not relevant. hence, ignored it
