Answer:
assets whose value is not realized in the current year
Explanation:
A <em>noncurrent asset</em> is generally a long-term investment whose value will not be fully realized in the current accounting year. The cost of the asset is allocated over the period the asset is in use, rather than being expensed in the year it is acquired.
Answer:
1. True.
2. True.
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.
1. The discount rate is the interest rate the Fed charges on loans of reserves to banks.
2. The federal funds rate is the interest rate banks charge for overnight loans of reserves to other banks.
Answer:
Trade
Explanation:
The consumption possibility can be gotten from three different factors, it could be gotten from opportunity for trade, production set and also from consumption behavior.
Involving in trade would reduce the prices of goods for consumers, especially in a country that is involved in importation. It creates gains for consumers. Therefore it can be said that trade is a key to better consumption possibilities.
It does not hinge on <span>whether the strength or capability represents a distinctive competence.
A company could be considered to have a strong competitive power without distinctive competence with these following conditions
- The competitors are equally incompetent
- They receive some sort of incentives from the government
- Their product is completely unique compared to any others</span>
Answer:
Cash flow from operations = $300,000
Explanation:
Using the indirect method we must adjust income for the non-cash transaction.
Net income = $250,000
Depreciation = $30,000
Decrease of $20,000 in accounts receivable
Increase in bonds payable of $50,000.
Cash flow from operations = Net income + Depreciation + Decrease in accounts receivable =
Cash flow from operations = $250,000 + $30,000 + $20,000 = $300,000
