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mina [271]
3 years ago
12

What does family heirloom mean?

Business
2 answers:
Verdich [7]3 years ago
8 0
Something that is treasured in the family, it could be almost anything
Snowcat [4.5K]3 years ago
5 0
An item that is usually passed down from multiple generation of your family
You might be interested in
Whole foods structures its organization in a decentralized manner. what does that mean for the company's operations?
Leokris [45]

Decentralized refers to the process of the activities an organization has within delegation. A centralized organization would have operations coming from a central person or group that has authority over the person or group. A decentralized organization has more independent workers making decisions without being delegated tasks over and over.

4 0
3 years ago
What will happen to return on investment (ROI) if current assets decrease while everything else remains the same (assume the cur
swat32

Answer: There would be an increase on return on investment (ROI) if current assets decrease while everything else remains the same

Explanation: This is because when the profit(returns) is constant, but the assets drops in value, the new ROI will be relative drop in value of asset.

5 0
3 years ago
If the exchange rate for buying Japanese Yen is 12 Yens per Dollar, how many
GuDViN [60]

Answer:

2,400 Yens

Explanation:

exchange rate for buying Japanese Yen is 12 Yens per Dollar

1 dollar : 12 Yens

how many Yens do you need to buy 200 Dollars for?

Let

x = number of Yens needed

200 dollars : x Yens

Equate the ratios to find x

1 dollar : 12 Yens = 200 dollars : x Yens

1/12 = 200/x

Cross product

1 * x = 12 * 200

x = 2,400

x = number of Yens needed = 2,400 Yens

7 0
3 years ago
Goehler, Inc. acquires all of the voting stock of Kenneth, Inc. on January 4, 2017, at an amount in excess of Kenneth's fair val
Mrrafil [7]

Answer:

  1. A
  2. E
  3. B

Explanation:

1) consolidated balance for the equipment account as of December 31 2018

Goehler equipment with book value = $975000

Kenneth equipment with book value = $105000

purchase price allocated to Kenneth's equipment = $30000 ( 120000 - 90000)

Amortization of allocation = purchase price allocated to Kenneth * 2 / 10

= (30000 * 2) / 10  = $6000

therefore consolidated balance = 975000 + 105000 + 30000 - 6000

= $1,104,000

2) applying partial equity method in accounting ( the consolidated balance will be )

The same procedure used in calculating for question 1 is applicable to partial equity method of accounting hence the answer  will be the same

= $1104000

3) applying the initial value method in accounting for Kenneth

  1. The same procedure used in calculating the partial equity procedure is applicable to initial value procedure hence the answer will be = $1104000
3 0
4 years ago
LO 5.2What is the conversion cost to manufacture insulated travel cups if the costs are: direct materials, $17,000; direct labor
HACTEHA [7]

Answer:

The correct answer is $ 103,000.

Explanation:

Conversion costs are the costs incurred for turning raw materials into finished products. If you add direct labor costs and manufacturing costs, the sum that you get will be the conversion cost. In other words, conversion costs equal the cost of production minus raw material cost.

So here Conversion cost can be calculated by adding labour and manufacturing cost. Raw material cost is not included in conversion cost.

Coversion cost = 33,000 + 70,000 = 103,000 dollars

3 0
3 years ago
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