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3 years ago

Which of the following is considered to be an accrued expense?

Business

1 answer:

prohojiy [21]3 years ago

8 0

Answer:

C. A computer technician has installed the latest software updates, but you have not received an invoice or made payment.

Explanation:

Accrued expenses: The accrued expenses are those expenses in which the service is performed but the payment is not paid at the time of service. It is paid at the later date. It is considered as outstanding expenses

The accrued expenses are a current liability which is shown under the liabilities side of the balance sheet.

Hence, option c is correct and the rest options are wrong

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Using the capital asset pricing model (CAPM), Sun State determined that the required rate of return for a capital budgeting proj

ANTONII [103]

Answer:

2.2

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

18% = 7% + Beta × 5%

18% - 7% = Beta × 5%

11% = Beta × 5%

So, the beta would be

= 2.2

The (Market rate of return - Risk-free rate of return) is also known as market risk premium and the same has applied.

5 0

3 years ago

last year minden company introduced a new product and sold 15,000 units of it at a price of $70 per unit. the product's variable

Inga [223]

A company is a legal entity formed by a group of individuals to engage in and operate a business commercial or industrial enterprise. A company may be organized in various ways for tax and financial liability purposes depending on the corporate law of its jurisdiction.

Present Yearly Net operating income (loss)

(Units * CM Per unit)-Fixed cost

Units Sales 415000|

[Selling Price Per Unit 70

\Variabel Expense Per unit 40|

Fixed Expenses 540000]

Compute the CM ratio

Selling Price Per Unit 70.00

Variable Expense Per unit 40.00

Contribution Margin per unit ( Selling Price - Variable Cost) 30.00

Ico Ratio =( CM/Selling Price) 42.857%

Learn more about the company here

brainly.com/question/24553900

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5 0

1 year ago

Marlena acquired the following new assets during 2017:

Mila [183]

Answer:

(A) Half-year and (D) Half-year

Explanation:

MACRS stands for Modified Accelerated Cost Recovery System and is the most commonly-used tax depreciation method .Without getting into too much detail, MACRS is accelerated depreciation that allows for a larger deduction while the asset is still new. By comparison, straight-line depreciation gives you the same deduction year after year over the asset's useful life. MACRS cannot be used for intangible property, nor can it be used to depreciate. MACRS convention determines the number of months for which you can claim depreciation during a partial year, either when you first placed the asset in service or when you disposed of it. The mid-month convention only applies to residential rental property, nonresidential real property, and railroad grading or tunnel bore. It simply means that you get a half month's worth of depreciation no matter when that asset was placed into (or taken from) service during that month, whether that was at the beginning, middle, or end of the month. The half-year convention works the same way but instead of the month it goes by the year. In other words, you'll get 6 months' depreciation if the asset was placed into service or disposed of during the year, no matter if it was in January or December.

5 0

3 years ago

I got called a street walker for this outfit,makeup and jewelry that i didn't even want to wear by my stepfamily when my cousin

yuradex [85]

You look like a burned victim

4 0

3 years ago

A company has beginning inventory for the year of $13,000. During the year, the company purchases inventory for $150,000 and end

WARRIOR [948]

Based on the opening and closing inventories as well as the purchases, the company cost of goods is $138,000.

<h3>What are the cost of goods sold?</h3>

This can be found as:

= Opening inventory + purchases - closing inventory

Solving gives:
= 13,000 + 150,000 - 25,000

= $138,000

Find out more on cost of goods sold at brainly.com/question/24561653.

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8 0

1 year ago