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3 years ago

The write-off of intangible assets is called

2 answers:

7 0

The answer to this question is:

<span>The write-off of intangible assets is called?
</span>C-"Amortization."

Hoped This Helped, <span> Awifeamother
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Pepsi [2]3 years ago

4 0

The answer to this question is C

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Suppose the production of cotton causes substantial environmental damage because the pesticides used by cotton farmers often mak

Kipish [7]

Answer: C. inefficiently low; inefficiently high

Explanation:

If the cotton farmers are not made to pay for the damage that their pesticides cost then they will maintain production at a relatively high level because their input costs will be relatively low. As a result of this high level of production, the price of the goods will be relatively low as well. The point at which both market equilibrium quantity and price are at in this scenario are considered inefficient because they are not taking into account, the true cost of production being the effects of the pesticides being used.

However, if they are made to pay for this negative externality that they are the cause of, it will increase their production cost and force them to reduce production to keep these costs low. As they reduce production, the market price will increase as supply is less.

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3 years ago

The general pattern that consumption of the first few units of any good tends to bring a higher level of utility to a person tha

spin [16.1K]

Answer:

Law of Diminishing Marginal Utility

Explanation:

The Law Of Diminishing Marginal Utility states that all things being equal as consumption rises the marginal utility derived from additional unit of consumption falls.

7 0

2 years ago

Cost of Goods Sold account is debited and Finished Goods Inventory is credited for A) purchase of goods on account. B) the sale

Firlakuza [10]

Answer:

B) the sale of goods to a customer.

Explanation:

When goods are sold to a customer, the cost of goods sold account is debited by the same value that the finished goods inventory is credited.

For example, suppose a company sells $1,000 worth of goods to a customer, and the sales price is $1,200. The customer pays by cash the full value of the goods. The journal entry would be:

Account Debit Credit

Cash $1,200

Sales Revenue $1,200

Cost of Goods Sold $1,000

Finished Goods Inventory $1,000

7 0

2 years ago

A homeowner fears the construction of a factory nearby will decrease the value of her property. this illustrates the principle o

Mama L [17]

A homeowner fears the construction of a factory nearby will decrease the value of her property. this illustrates the principle of externalities.

Many people are unaware that there are tax advantages for home owners when they purchase, own, remodel and even sell their property. These advantages take the form of tax deductions, which lower your taxable income and hence lower your tax payment.

However, you might be astonished to hear that even though the house was bought with a mortgage, you still own it. As the homeowner, your name is listed on the title. The lender does not actually own your home; rather, they only have a stake in the property and the mortgage note.

According to the Federal Reserve's 2020 Survey of Consumer Finances, if you own your home, you probably have a higher value than someone who rents. The assumption that owning a home is a wise financial decision is supported by the fact that homeowners have a net worth that is more than 40 times bigger than their counterparts who rent.

Learn more about homeowners here:

brainly.com/question/23428348

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4 0

1 year ago

On January 1, 2021, Hobart Mfg. Co. purchased a drill press at a cost of $36,000. The drill press is expected to last 10 years a

timama [110]

In 2021, the depreciation expense is $1500 and the book value is $34,500.

In 2022, the depreciation expense is $5040 and the book value is $30.960.

The units of production depreciation method depreciates an asset based on the output of the asset in a given period.

units of production = (output in a given year / total estimated output) x (cost of the asset -salvage value)

Book value is the cost of the asset or the carrying value of the asset less the depreciation.

2021 depreciation = (25,000 / 500,000) x ($36,000 - $6000) = $1500

Book value = $36,000 - $1500 = $34,500

2022 depreciation = (84,000 / 500,000) x ($36,000 - $6000) = $5040.

Book value = $36,000 - $5040 = $30,960

To learn more about book value, please check: brainly.com/question/15871765

7 0

2 years ago