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Gekata [30.6K]
3 years ago
11

True or false: investing in collectibles is very risky?

Business
1 answer:
nikdorinn [45]3 years ago
8 0
The answer would be true as you don't know what has been done with it
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<span>A laborer wears a special back brace when loading trucks, a freight inspector wears goggles when conducting tests, and a distribution manager wears earplugs while overseeing shipments. In which workplace do these Transportation and Logistics employees most likely work? Warehouses. Based on that equipment needed while working it seems as if warehouses is the most logical place they are working. 

</span>Yukio is a Brownfield Redevelopment Specialist. Which best describes his job?  O<span>rganizes the cleaning and redevelopment of areas contaminated by pollution or waste. When you redevelop land, you are removing things that make the land not usable to be able to reuse the land again. By doing this, you can make sure the land is able to be reused before spending more time trying to develop the land again or purchasing new land. </span>
5 0
3 years ago
Beamish Incorporated, which produces a single product, has provided the following data for its most recent month of operations:
Dvinal [7]

Answer:

Absorption costing unit product cost $240

Explanation:

The computation of the absorption costing unit product cost is shown below/;

Direct materials $131  

Direct labor $65  

Variable manufacturing overhead $12

Fixed manufacturing overhead cost $32 ($118,400 ÷ 3,700)

Absorption costing unit product cost $240

3 0
2 years ago
On July 31, Beatrice Co. purchased 2,000 shares of SimmTech stock for $16,000. This investment is considered to be an available-
Natalka [10]

Answer: a. Credit to Unrealized Gain-Equity for $4,000.

Explanation:

Because the investment is an AVAILABLE FOR SALE investment, gains and losses made on it are recorded under COMPREHENSIVE INCOME in the Equity section as Unrealized gains or losses.

Because this is profit, it is treated as Unrealized gains and is Credited in the Equity section under Comprehensive income.

You however only record the gains or losses and not the whole amount because the investment is recorded at Fair Value as an asset.

Therefore in this scenario, the gain is $20,000-$16000 which is $4000. That is what is recorded as an Unrealized gain.

4 0
3 years ago
As part of her retirement planning, Mrs. Campbell purchases an annuity that pays compounded quarterly. If the quarterly payment
melisa1 [442]

Answer: $88289.8

Explanation:

Here's the complete question:

As part of her retirement planning, Mrs. Campbell purchases an annuity that pays 9.5% compounded quarterly. If the quarterly payment is $3,500, how much will Mrs. Campbell have saved in 5 years?

The future value of an annuity will be calculated using the formula:

= A((1+r)^n)-1)/r

Where,

A = the annuity payment = 3500

r = the interest rate = 9.5% compounded quarterly = 9.5% / 4 = 0.095 / 4 = 0.2375

n = the number of time periods = 4 × 5 = 20

We then substitute the values and we will get:

= A((1+r)^n)-1)/r

= 3000 × (1.02375^20-1) / 0.02375

= $88289.8

7 0
2 years ago
Adjustment for Unearned RevenueOn June 1, 20Y2, Herbal Co. received $42,890 for the rent of land for 12 months.Journalize the ad
serious [3.7K]

Answer:

Dr unearned rent $25,019

Cr rental income              $25,019

Explanation:

The cash received on June 1 20Y2 for 12 months rent would have been debited cash while the unearned rent account would have been debited with the same amount.

As of December 31, 20Y2, the rent of 7-month(June-December) have now been earned and adjusted as follows:

earned rent for 7 months=$42,890*7/12=$25,019

The earned rental income would be debited to unearned rent and credit to rental income

6 0
2 years ago
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