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zysi [14]
3 years ago
5

Intangible assets

Business
1 answer:
vampirchik [111]3 years ago
4 0

Answer: OPTION D

Explanation: In simple words, intangible assets refers to those assets which does not have any physical existence but still are crucial for the operations of the organisation. Goodwill and patent rights are some of the examples of intangible assets.

These assets could be long term or short term therefore they are shown as a separate classification in the balance sheet.

Hence the correct option is D.

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On February 1, the Acts Tax Service received a $3,600 cash retainer for tax preparation services to be provided rateably over th
MatroZZZ [7]

Answer:

$2,700

Explanation:

The computation of the unearned service revenue balance reported on the February 28 balance sheet is shown below:

= Total cash received - expired service revenue

= $3,600 - $900

= $2,700

The expired service revenue is

= Received amount ÷ number of months

= $3,600 ÷ 4 months

= $900

It is come by deducting the expired service revenue from the total cash received so that the balance could come

7 0
3 years ago
______ occurs when people are hired or promoted, or denied hiring or promotion, for reasons not relevant to the job
Fantom [35]

Answer:

Workplace discrimination

Explanation:

Workplace discrimination is when someone is not treated well at work because of prejudices related to race, gender, religion, sexuality, among others. According to this, the answer is that workplace discrimination occurs when people are hired or promoted, or denied hiring or promotion, for reasons not relevant to the job because the person is treated differently because of prejudices.

3 0
3 years ago
Calculating the Predetermined Overhead Rate, Applying Overhead to Production, Reconciling Overhead at the End of the Year, Adjus
Usimov [2.4K]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Estimated:

Overhead $160,000

Direct labor hours 80,000

Han uses normal costing and applies overhead based on direct labor hours.

For January, direct labor hours were 8,150.

By the end of the year, Han showed the following actual amounts:

Overhead $166,000

Direct labor hours 79,600

Assume that the unadjusted Cost of Goods Sold for Han was $176,000.

1) Predetermined overhead rate= total estimated overhead for the period/ total amount of allocation base

Predetermined overhead rate=160000/80000= $2 per hour

2) Applied overhead (January)= Predetermined overhead rate*actual hours= 2*8150= $16,300

3) Applied overhead for the year= 2*79600= $159,200

Over/under applied= actual overhead - applied overhead= 166000 - 159200= 6800 underapplied

4) COGS= 176000

Underapplied overhead= 6800

COGS adjusted= $182,800

3 0
3 years ago
George is offered an investment opportunity by his friend Ray. He asks George for $6,900 and offers to repay him $12,990 after a
SVETLANKA909090 [29]

Answer:

Depositing in bank is a better option.

Explanation:

For this solution, we can either determine the interest rate given to George by his one of the friend or the future worth method,

Future worth method is used here,

Given that,

PV = $6,900

R = 9%

N = 10 Years

FV = PV\times(1+R)^{N}

FV = 6,900\times(1+0.09)^{10}

FV = 6,900\times(1.09)^{10}

FV = 6,900 × 2.3673

FV = $16,334.81

Since, the future worth of investing in bank is more than the money to be offered by the George's friend (16,334.81 > 12,900) and hence, depositing in bank is a better option.

8 0
3 years ago
As a baby, charlie resisted being held and showed no interest in human stimulation. usually passive, he sometimes played with hi
Vika [28.1K]
I think and arrange Charlie as having an autistic disorder, which can be grouped by impeded social association and correspondence. 
It is a neurological and formative issue that typically shows up amid the initial three years of life. A tyke with extremely introverted-ness seems to live in their own reality, indicating little enthusiasm for others and an absence of social mindfulness.
3 0
3 years ago
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