1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kvasek [131]
3 years ago
5

Carey Anderson opened a software consulting firm that immediately paid​ $21,000 for a computer system. Was​ Anderson's computer

system an expense of the​ business? If​ not, explain.Anderson's payment ________an expense
Business
1 answer:
weeeeeb [17]3 years ago
4 0
It is because he is paying money so it is a expense
You might be interested in
Taking a physical count of inventory
Inessa05 [86]

Answer:

Taking a physical count of inventory  :

d.should be done near year-end.

Explanation:

Taking physical inventory is necessary for any business because it allows taking pertinent actions to start the next year, also for tracking the inventory as every item should be counted. It helps to know what happens with every article, for example, if there are any losses (damaged goods, stolen or miscounted).

It is helpful to detect items that are about to expire or become obsolete so the company can sell them, and don’t lose money, by using a marketing strategy and then renew/supply the store.

5 0
3 years ago
Luke's Express Diner is the only place that sells burgers in a remote town in Arizona. As one of the​ long-time residents of the
erma4kov [3.2K]

Answer:

The local government issues a limited number of restaurant licenses every year. (A)

Explanation:

Bertha claims that the burgers sold by Luke's Express Diner are priced a bit too high, because they enjoy monopoly power in the town; hence with the local government issuance of a limited number of restaurant licenses every year, this will break the monopoly that Luke's Express Dinner enjoy, thus weakening Bertha's arguments.

3 0
3 years ago
How has tobacco use changed over the last few decades?
Levart [38]
It has significantly decreased


3 0
3 years ago
Read 2 more answers
Example 31: S borrows 5,00,000 to buy a house. If he pays equal instalments for 20 years
Veronika [31]

Answer:

$58.729

Explanation:

To find the answer, we need to use the present value of an annuity formula.

The formula is:

P = X [(1 - (1 + i)^-n) / i ]

Where X is the annual instalment

P is the present value of the investment (500,000 in this case)(

i is the interest rate (10% in this case)

and n is the number of periods (20 years in this case)

We now plug the amounts into the formula:

500,000 = X [ (1 - (1 + 0.10)^-20) / 0.10 ]

500,000 = X [8.51356]

500,000 / 8.51356 = X

58,729 = X

So the value of the equal annual instalment will be $58.729

7 0
3 years ago
You wish to sell short 100 shares of XYZ corporation stock. If the last two transactions were at $34.10 followed by $34.15, you
yan [13]

Answer: b. 34.15 or higher

Explanation:

Short sales refer to the sale of borrowed stocks in anticipation that the stock price of the underlying stock will fall. This will then enable you to make a profit by buying the cheaper shares and giving it back to the entity you borrowed from thereby making a profit.

With short sales, the price is usually upward trending so will normally increase from the last price. As the last price here was $34.15, that would be the likely minimum for the next sale.

This means that the next sale will either be at a price of $34.15 or a price higher than that.

6 0
3 years ago
Other questions:
  • Investigations of large multinationals In manufacturing and service sectors reveal that Group of answer choices the 500 largest
    14·1 answer
  • Which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure m
    6·1 answer
  • An e-business can redefine its market by removing traditional marketplace intermediaries or by creating new ways to add value to
    5·1 answer
  • Nicoloss is a store that sells clothes, cosmetics, travel bags, and furniture to final consumers. Customer reviews indicate that
    7·1 answer
  • A chemical manufacturer is setting up capacity in Europe and North America for the next three years. Annual demand in each marke
    10·1 answer
  • Ann wants to buy a building. The annual NOI for the building will be $165,000. She wants to get a 20 year interest only fixed ra
    14·1 answer
  • A(n) _____ is done to test each individual component (often a program) to ensure that it is as defect-free as possible. a. user
    13·1 answer
  • Classify the following items as Direct materials, Selling and administrative expense, Factory overhead, or Direct labor. a. Rent
    13·1 answer
  • Nathan and Lucas own separate tree farms that produce timber. Both farms are the same size and have the same resources available
    12·2 answers
  • Here is some price information on Fincorp stock. Suppose first that Fincorp trades in a dealer market. Bid Asked 55.25 55.50 a.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!