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4 years ago

whether investments are reported as current assets or noncurrent assets depends on the company's intent. (points : 5) true false

1 answer:

3 0

False . It depends upon the object itself.
Assume this senario ( It's hypothetical)
If company X purchases a land (A land is a non current asset). If the company decided to fill the whole land with cash( which is a current asset) . The land doesn't automatically turn into a current assets.

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Grocer's Choice is the largest employer in the Pacific Northwest. It is covered by numerous federal employment laws. As such, it

yawa3891 [41]

Answer:

12 weeks of unpaid family or medical leave per year.

Explanation:

The Family and Medical Leave Act was signed by President Clinton in 1993. The benefits included in the law are (per year):

up to 12 weeks of unpaid leave when you give birth to a child or your wife gives birth to a child (this also applies to child adoptions)
up to 12 weeks of unpaid leave for caring for a seriously ill relative (child, wife or parent)

7 0

3 years ago

Smart Stream Inc. uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and

weqwewe [10]

Answer:

A. $2,400,000

B. $36

C. $49

Explanation:

Base on the scenario been described in the question, we can use the following method to solve the given problem

a. Ascertain the variable costs and the variable cost amount per unit for the production and sale of 10,000 cellular phones:

The total variable cost = $2,400,000

Variable cost per unit =$240

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b. Ascertain the variable cost mark-up percentage for cellular phones:

Compute the desired ROI per unit:

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Compute the Fixed co

An attached image in given for the calculations

4 0

3 years ago

Which of the following provisions of the Sarbanes-Oxley Act addresses the management assessment of internal controls?

Ainat [17]

Answer:

b. codes of ethics for senior financial officers.

Explanation:

according to the Sarbanes-Oxley act:

- The company should be having an expert who is responsible for the auditing andd the company should name the expert and if they are not having the expert they should give a reason.

- A comapny should have a code andd ethics and it should also be applied to the seniors.

4 0

3 years ago

The following information is available regarding the total manufacturing overhead of Molsen Company for a recent four-month peri

Sonja [21]

Answer:

$198,000

Explanation:

Calculation to determine what the total manufacturing overhead estimated for August is

First step is to calculate the Variable element

Variable element=($198,000 - $153,000)/(110,000 - 80,000)

Variable element=$45,000/30,000

Variable element= $1.50

Second step is to calculate the Fixed element

Fixed element=$198,000 - ($1.50 x 110,000)

Fixed element=$198,000-$165,000

Fixed element = $33,000

Now let compute total manufacturing overhead

Total manufacturing overhead=$33,000 + ($1.50 x 110,000)

Total manufacturing overhead=$33,000+$165,000

Total manufacturing overhead= $198,000

Therefore Using the high-low method, compute total manufacturing overhead estimated for August is $198,000

6 0

3 years ago

Suppose the consumer confidence index increases from 103 to 146. How does this change effect the AD/AS model

Darina [25.2K]

The AS curve shifts to the left.

The Consumer Confidence Index is an economic indicator published by various organizations in several countries. Simply put, rising consumer confidence is an indication of the economic growth that consumers are spending and an increase in consumption.

When the latest index exceeds 100, consumers will be more confident than in 1985. Below 100, consumers are less confident than they were then.

Consumer confidence is an economic indicator. It measures how confident consumers are about the general state of the economy. It also measures how confident people are about income stability. Their self-confidence influences not only their financial decisions but their spending activities.

Learn more about the consumer confidence index here:brainly.com/question/25122933

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8 0

2 years ago