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3 years ago

Financial assets Group of answer choices

Business

1 answer:

Marizza181 [45]3 years ago

6 0

Answer:

indirectly contribute to the country's productive capacity.

Explanation:

Financial assets are non physical assets, deriving value from contractual claims. Eg - Bank deposits, Stocks & Bonds etc.

These indirectly contribute to country's productive capacity as : They act as main tools for mobilising funds, savings & investment in Economy. This savings, investment mobilisation enable economy's entrepreneurial sector to raise capital & enhance their & the country's productive capacity.

Example : Companies raising capital from public share issue , borrowing from banks mobilising public household savings.

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Wexpro, Inc., produces several products from processing 1 ton of clypton, a rare mineral. Material and processing costs total $5

arlik [135]

Answer:

The financial advantage of processing further = $17,800

Explanation:

1. Sale value if processed further = 8,300 x 13 = $107,900

Sale value if processed further = 8,300 x 10 = $83,000

Incremental revenue = Sale value if processed further - Sale value if processed further = $107,900 - $83,000

Incremental revenue = $24,900

Cost of further processing = $7,100

Incremental profit (loss) = Incremental revenue - Cost of further processing

Incremental profit (loss) = $24,900 - $7,100 = $17,800

Therefore, the financial advantage of processing further = $17,800

3 0

4 years ago

Assume that a parent company acquires its subsidiary on 1/1/xx, by exchanging 41,500 shares of its $1 par value common stock, wi

SIZIF [17.4K]

Answer: The total Asset is $531,225, The total owners Equity is $1,494,000

Explanation:

A balance sheet is a summary of debit and credit balances of asset and liabilities in a ledger. It is a financial statement prepared in order to determine the financial position of a business, in the event of acquisition of a subsidiary by a parent company, then a consolidated balance sheet will be prepared to unite the two entities. A consolidated balance sheet is a financial statement prepared to record the asset and liabilities of the two entities as one entity.in this case the aquisi

Consolidated Balance Sheet As At 1/1/××

$ $

Fixed Asset

PPE Asset (undervalued ) 81,000

Less : Depreciation. 5,400

----------

75,600

Goodwill. 162,000

----------------

Total Fixed Asset 237,600

Other Asset

Patent. 261,000

Amortization. 32,625

--------------

293,625

----------------

Total Asset. 531,225

Owners Equity

Common Stock 1,494,000

---------------------

Total owners Equity 1,494,000

8 0

3 years ago

What are the 3 cs of credit

pychu [463]

The 3 C’s would be character, capital and capacity.

4 0

3 years ago

Using _____ requires gathering a lot of information about customers’ preferences and shopping patterns, and some customers get i

coldgirl [10]

Answer:

Personalization.

Explanation:

Using personalization in customer relationship management (CRM) requires gathering a lot of information about customers’ preferences and shopping patterns, and some customers get impatient with answering long surveys about their preferences.

This ultimately implies that, personalization deals with gathering information about a specific customer's choice such as taste, requirements, product preferences, shopping styles or patterns in order to be able to serve him or her better, through the provision of goods and services that meets their needs.

8 0

3 years ago

A company reports merchandise inventory on December 31 at $250,000 but LCM applied to items is $200,000.Record the journal entry

ahrayia [7]

<u>Solution:</u>

In order to record the merchandise inventory on LCM with the correct amount, the following Journal entry will be passed in the books of account:

Date account and explanation debit credit

Dec 31 The cost of goods sold (250000-200000) 50000

Merchandise inventory 50000

(To record inventory on LCM)

Therefore, the cost of goods sold will be debited with an amount of $50000 and the Merchandise inventory will be credited with the same amount of $50000.

4 0

3 years ago