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klasskru [66]
3 years ago
6

Owns taxi (automobile) worth $1,315 A. Asset C. Both B. Liability D. Neither

Business
1 answer:
lys-0071 [83]3 years ago
5 0
A automobile would be a asset

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Misty Company reported the following before-tax items during the current year: Sales revenue $ 1,200 Selling and administrative
DaniilM [7]

Answer:

 $420

Explanation:

The computation of the net income for the current year is shown below:

Sales revenue                                              $1,200

Less: Selling and administrative expense  -$620

Less: Restructuring charges                        -$20

Less: Income tax expense at 25%               - $140

Net income                                                    $420

7 0
3 years ago
Advertising, personal selling, sales promotion, and public relations are components of:____.
Dafna11 [192]

Advertising, personal selling, sales promotion, and public relations are components of the promotion mix.

The definition of advertising is the business or practice of making something known to the public, usually through some form of paid media. An example of advertising is a company that specializes in designing and executing newspaper advertisements for other companies products.

Definition: Advertising is a means of communicating with users of a product or service. Advertising is defined by the British Advertising Council as a message intended to inform or influence the recipient for a fee paid by the sender. Ads are made to get people to do something.

Learn more about Advertising at

brainly.com/question/1020696

#SPJ4

4 0
2 years ago
Michael earns $3,950 every month after taxes and deductions for social security and insurance. He puts $900 a month into savings
krek1111 [17]

Answer:

Yes, Michael will afford the boat

Explanation:

So far Michael has saved $11,000.

The boats costs $30,000 to purchase.

Michael needs to raise $19,000  ($30,000 - $11,000) in two years to buy the boat.

Michael saves $900 per month. In 24 months he will have saved

=$900 x 24

=$21,600

Michael requires $19,000 but will have save $21,600 in two years. Therefore, he should be able to purchase the boat.

6 0
2 years ago
A monetary unit that is freely and easily converted into other currencies is
Brut [27]

Answer:

A hard currency

Explanation:

A monetary unit that is freely and easily converted into other currencies is a hard currency.

The value of this currency neither depreciates suddenly nor fluctuate to a great extend.

This currency is considered politically and economically stable by the nation.

Hard currencies can also be used as a form of payment for goods and services.

4 0
3 years ago
Barnette Inc.'s free cash flows are expected to be unstable during the next few years while the company undergoes restructuring.
kykrilka [37]

Answer:

Horizon value = $883

so correct option is e. $883

Explanation:

given data

FCF is expected = $50 million

time = 5 year

CF growth rate = 6% = 0.06

average cost of capital = 12% = 0.12

to find out

the horizon value

solution

we know that FCF at year 6 is here

FCF at year 6  = principal ( 1 + rate )

FCF at year 6 = 50 × (1 + 6%)

FCF at year 6  = 53 million

and

Horizon value will be here

Horizon value =  \frac{FCF at year 6}{required rate- growth rate}  

Horizon value =  \frac{53}{0.12-0.06}

Horizon value = 883.33

Horizon value = $883

so correct option is e. $883

6 0
2 years ago
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