1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
azamat
3 years ago
6

Andrew Lighting purchases a factory and all of the equipment, computers, and vehicles within it. Andrew begins production of lam

ps at the factory using the equipment and delivers them to clients using the vehicles. However, the company sells the computers because it has no use for them. Which of the items included in Andrew’s purchase is a fixed asset?
Business
1 answer:
alexandr1967 [171]3 years ago
3 0

Answer: Factory

Vehicles

Equipment

Explanation:· A fixed asset is a long-term tangible asset a company owns and uses in its production activity to earn an income.

The computer isn't a fixed asset to Andrew because he doesn't use it in his production process.

You might be interested in
Is there a potential problem if governments continually finance goods and services by borrowing money ? A.Yes, it is unconstitut
frosja888 [35]
The answer is B,"Yes, eventually their debts must be repaid with interest.

4 0
3 years ago
Read 2 more answers
A cost that cannot be avoided or changed because it arises from a past decision, and is irrelevant to future decisions, is calle
Ronch [10]

Answer:

e. Sunk cost.

Explanation:

As per the given statement, the best appropriate option is sunk cost. As the sunk cost deals with the past cost which is already incurred in the past and it cannot be changed or avoided, neither it can be recovered. Example - Rent expense.

Plus it does not affect the future decisions that means it is irrelevant for decision-making aspects.

6 0
3 years ago
Successfulness of the competition policy in South Africa​
Gwar [14]

Answer:

Five examples that support successfulness of the competition policy of South Africa are: 1) The product choices along with its competitive prices were provided to the consumers. 2) Practices such as horizontal collusion and resale price maintenance was declared unlawful in 1984.

Explanation:

8 0
3 years ago
What is the income threshold for self-employed workers to file a tax return.
Stolb23 [73]

Answer:

$400 or more

Explanation:

6 0
2 years ago
A company's common stock is selling in the market at a "multiple of 15". If the market price of the common stock is currently $1
Angelina_Jolie [31]

Answer:

earnings per share = $0.67

Explanation:

the earnings per share = stock price / multiple value = $10 / 15 = $0.67

When you read that a stock is selling at a multiple of X, it means that the stock price is currently X times the current earnings per share. In this case, since the stock price is $10, to calculate the EPS you must divide 10 by the multiple value.

4 0
3 years ago
Other questions:
  • Rayya Co. purchases a machine for $159,600 on January 1, 2019. Straight-line depreciation is taken each year for four years assu
    14·1 answer
  • According to adam smith what happens when the demand for a product decreases
    9·1 answer
  • The managers of Danestump, a hardware manufacturing company, are expected to follow standing plans before approving long leaves
    9·1 answer
  • There are 100 consumers, each of whom values a concert ticket at a unique whole number dollar amount between $1 and $100. one cu
    7·1 answer
  • On January 1, 2020, Ann Price loaned $212355 to Joe Kiger. A zero-interest-bearing note (face amount, $275000) was exchanged sol
    8·1 answer
  • Look Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products using
    9·1 answer
  • Present Value of an Annuity of 1 Periods 8% 9% 10% 1 .926 .917 .909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 A company has a mini
    14·1 answer
  • Gladstone Company tracks the number of units purchased and sold throughout each accounting period but applies its inventory cost
    13·1 answer
  • A machine is available 10 hours a day. Each part takes 90 minutes to fabricate and 10 minutes to setup. 10% of the parts made ar
    6·1 answer
  • Taco bell over the years has established multiple locations across the U.S. and the abroad. Because of the large number of store
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!