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OLEGan [10]
3 years ago
15

Brian Wilson has a baseball card collection passed down to him from his grandfather. He is particularly proud of the signed Hank

Aaron baseball card that he has. What type of investment does he hold?
A. Direct investment in real estate


B. Indirect investment in real estate


C. Investment in precious metals


D. Investment in collectibles
Business
1 answer:
GrogVix [38]3 years ago
3 0

The answer is Brian holds investment in collectables.

The answer would be D Investment in Collectables

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Blue Spruce Corp. reported net income of $377000 for the year. During the year, accounts receivable increased by $27000, account
Alla [95]

Answer:

The correct solution is "$397000".

Explanation:

Given:

Net income,

= $377000

Depreciation,

= $59000

Accounts receivable increase,

= $27000

Accounts payable decreased,

= $12000

Now,

From operating activities, the cash flow will be:

= Net \ income+ Depreciation-Account \ receivable \ increase-Accounts \ payable \ decreaseBy putting the values, we get

= 377000 + 59000 - 27000 - 12000

= 397000 ($)

3 0
3 years ago
Stock Company has 2,000 units in beginning work in process inventory, 20% complete as to conversion costs, 23,000 units transfer
ss7ja [257]

Answer:

B. 26,000, 24,000.

Explanation:

Stock Company

Equivalent units

Particulars                 Units       % of Completion           Equivalent Units

                                                   Mat. Conversion          Mat.  Conversion

Transferred Out      23000         100         100           23000      23000

<u>Ending WIP              3000            100       331/3%       3000        999.9= 1000</u>

<u>Total Equivalent units                                                  26000        24000</u>

<u />

The Equivalent units can be calculated either by adding the units transferred out and ending WIP or by adding beginning WIP and units started.

Equivalent units for materials 26000

and Equivalent units for conversion are: 24000

3 0
4 years ago
Which of the following is an example of a sunk​ cost? A. The amount a company pays for labor to produce its product. B. The oppo
Elenna [48]

Answer:

D. The amount a company originally paid for specialized equipment for a plant.

Explanation:

A sunk cost is the expenditure that a company has already incurred and cannot be retrieved or taken back. In other words, a sunk cost can be defined as the expenditure that is already paid and cannot be taken back.

Among the given options, an example of a sunk cost is the amount a company paid for specialized equipment. This is a prepaid amount that cannot be canceled or taken back, resulting in a fixed expenditure and can no longer be recovered.

Thus, the correct answer is option D.

7 0
3 years ago
Teel Printing uses two measures of activity, press runs and book set-ups, in the cost formulas in its budgets and performance re
sdas [7]

Answer:

$1067 F

Explanation:

The spending variance for wages and salaries in July would be closest to $1067 F

6 0
4 years ago
A farm is currently producing at point C on this curve.
lord [1]

Answer:

the farm would face trade offs in production of apples or oranges

Explanation:

i have a brain and I used it

8 0
4 years ago
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