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AysviL [449]
3 years ago
13

Liabilities are what??

Business
1 answer:
Hatshy [7]3 years ago
6 0

Hey Friend.

Liabilities are debts of the business.

There are two types of liabilities :

1) Current Liability - represent debts that will be repaid within a year. e. g. Creditor (accounts payable), bank overdraft, expenses owing, prepaid revenue, etc.

2) Long term Liability - are debts that will be repaid in more than a year. e. g. Mortgage, bank loan, etc.

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Briefly explain how the government uses taxation as a redistribution method
crimeas [40]

Answer:

The purpose of this is to increase economic stability.

8 0
3 years ago
Your business plan is a
wlad13 [49]

Is there multiple choice

8 0
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Bramble corp. wants to sell a sufficient quantity of products to earn a profit of $200000. if the unit sales price is $18, unit
mote1985 [20]

To solve for units sold at an income of $200,000:

First, I would subtract the variable cost of $8 from the unit sales price of $18 dollars which gives you $10.


Unit profit = $10

Fixed costs = $200,000

How many units need to be sold to earn an income of $200,000?


40,000 units x $10 = $400,000 - $200,000 = $200,000


40,000 units need to be sold to earn an income of $200,000.

3 0
3 years ago
Azule Co. manufactures in two sequential processes, cutting and binding. The two departments report the information below for a
Angelina_Jolie [31]

Answer and Explanation:

The computation of the ending balance in the work in process inventory for each department is shown below:

For Cutting department

= Direct material + conversion + cost added for direct material + cost added for conversion - transferred in from cutting department

= $1,095 + $3,650 + $13,740 + $18,300 - $17,395

= $19,390

And, for binding department

= Transferred in from cutting department Direct material + conversion + cost added for direct material + cost added for conversion - transferred to finished goods

= $1,200 + $2,862 + $3,800 + $9,332 + $19,475 - $31,000

= $5,669

8 0
3 years ago
The balanced scorecard approach
AnnyKZ [126]

Answer: The correct answer is "c. normally sets the financial objectives first and then sets the objectives in the other perspectives to accomplish the financial objectives.".

Explanation: The balanced scorecard approach normally sets the financial objectives first and then sets the objectives in the other perspectives to accomplish the financial objectives.

The balanced scorecard states that we must focus on the organization from four perspectives and that goals, measures, rules or objectives be developed for these perspectives.

The 4 perspectives are:

- Financial: which is the most important one whose objectives are established first and the objectives of the other perspectives will be established in order to meet the objective of the financial perspective.

-Client

-Internal processes

-Organizational capacity

3 0
3 years ago
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