Expenditures that add to the utility of fixed assets for more than one accounting period are

Negacho, a food and beverage company, introduced a new flavor of potato chips called South Indian Chillis. It received a positiv

Genrish500 [490]

Answer:

Inflow of innovation

Explanation:

Negacho introduced its new flavoured chips and received positive response. This shows that the market is open to adopting new innovative products

This is what prompted Brex Mex to introduce their own flavored potato chips.

Basically the market is favorable to introduction of new ideas and products.

8 0

3 years ago

Silver Enterprises has acquired All Gold Mining in a merger transaction. The following balance sheets represent the premerger bo

tamaranim1 [39]

Answer:

Silver Enterprises Post Merger Balance Sheet

Current Assets 12,920 Current liabilities 10,460

Other Asset 4,480 Long-term debt 19,770

Net Fixed Asset 24,810 Equity 17,450

Goodwill <u>5,470 </u> <u> </u>

Explanation:

Current assets = 10,000 + 2,920 = 12,920

Other assets = 3,100 + 1,380 = 4,480

Current liabilities = 7,840 + 2,620 = 10,460

Net fixed assets = 17,300 + 7,510= 24,810

Long-term debt = 5,110 + 14,660 = 19,770

Equity = $17,450

8 0

3 years ago

Notification by the bank that a deposited customer check was returned nsf requires that the company make the following adjusting

Montano1993 [528]

If the bank notifies the company of a deposited customer check that was returned NSF, the company would have to Debit Accounts Receivable and Credit cash.

<h3>What happens when a check is returned NSF?</h3>

This means that the check did not clear and so the depositor still owes the company the amount they had written on the check.

The company would then have to debit Receivables to show that the person still owes them, and credit cash to show the cash never reported.

Find out more on NSF checks at brainly.com/question/24260989.

#SPJ12

5 0

2 years ago

Labor economists often study the returns on investment in education (see, e.g., Card 1999). Suppose we have data on salaries of

stira [4]

Answer:

a. The intercept terms beta0 depicts the minimum amount of salary that a person will be earning if the person is not a college graduate. beta1 depicts that if a person is a college graduate, then the salary of the person increases by \beta 1 units.

b. The error term include all other variables impacting salary of the person other than the the person being a college graduate.

c. The independent variable X will be endogenous when salary plays an important role in determination of whether a person is college graduate.

d. yes, independent variable can be endogenous in some cases when dependent variable Y is impacting the independent variable X.

e. Endogeneity can lead to relaxation of one of the important assumption of Ordinary Least Squares (OLS) which considers independent variable to be endogenous. This will lead to the problem of multi collinearity. The Simultaneous Equation model can be used in this case rather than OLS model.

Explanation:

5 0

3 years ago

When members of a group begin to maximize efficiency and satisfaction as they move towards their outcomes, they are likely in wh

alina1380 [7]

Answer: Performing stage.

Explanation:

When efficiency of work is very high it means that the members of a group are in the performing stage.

The performing stage is a stage of group development where the group members have highly understood each other, the work done in the performing stage is efficient and focused on the goals earlier set by group members.

7 0

3 years ago