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3 years ago

An overgrown lawn is manicured by mowing it with a lawn mower is an example of

1 answer:

4 0

An overgrown lawn is manicured by mowing it with a lawn mower is an example of physical change. Physical change is a change that affects the physical form of the substance or environment but not its chemical composition. In this example, the lawn is manicured by mowing it, so the physical form would be changed. But, the chemical composition of the lawn was maintained and was not change. So, this is clearly a physical change.

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Our company reported the following financial numbers for one of its divisions for the year; average total assets of $4,100,000;

mestny [16]

Answer: $193,000

Explanation:

Given that,

Average total assets = $4,100,000

Sales = $4,525,000

Cost of goods sold = $2,550,000

Operating expenses = $1,372,000

Target income = 10% of average invested assets

Net operating income = Sales - Cost of goods sold - Operating expenses

= $4,525,000 - $2,550,000 - $1,372,000

= $603,000

Minimum required return on assets = 10%

Residual income:

= Net operating income - (Minimum required return on assets × Average total assets)

= $603,000 - (10% × $4,100,000)

= $193,000

7 0

3 years ago

Punitive damages are damages imposed on the wrongdoer by the court as punishment for an unintentional tort.

snow_lady [41]

Answer:

False.

Explanation:

Punitive damages are the damages that a defendant pays in addition to actual damages. Punitive damages are awarded by a court when the defendant's behavior is found to be intentional or negligent.

In the cases of tort liability, the court applies punitive damages when defendants motif is proved to be intentional.

Therefore, the given statement is false, as the court impose punitive damages for intentional tort.

5 0

2 years ago

ournalize the entries to record the following: June 1 Established a petty cash fund of $200. 30 The amount of cash in the petty

Keith_Richards [23]

Answer:

The journal entries are as follows:

(i) On June 1,

Petty cash A/c Dr. $200

To cash $200

(To record petty cash established)

(ii) On June 30,

Postage A/c Dr. $25

Entertainment A/c Dr. $100

Miscellaneous A/c Dr. $20

To cash short and over A/c $2

To cash ($200 - $57) $143

(To record cash replenishment)

8 0

3 years ago

A young couple living in rural west-central Missouri heard about the closing of a local grocery store. Although a small operatio

Zina [86]

Answer:

The correct answer is letter "C": the invisible hand.

Explanation:

In Economics, the term "invisible hand" refers to the belief that markets are created according to the demands and needs of individuals who take advantage of opportunities without the need for the intervention of other parties like a government. The term was coined by Scottish Enlightenment thinker Adam Smith (1723-1790) in his book "An Inquiry into the Nature and Causes of the Wealth of Nations" (1776).

8 0

3 years ago

What is a post secondary student highest fixed expense

Sholpan [36]

Fixed expenses don't change (very often)
The biggest fixed expenses you'll have in college are tuition, room and board, as well as your car payment (if you have one), car insurance premiums (if you have a car), as well as your wireless plan and internet service.

8 0

2 years ago