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alexgriva [62]
3 years ago
13

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?
1. Equipment
2. Computers
3. Vehicles
Business
1 answer:
liq [111]3 years ago
7 0

Answer:

Equipment and vehicles.

Explanation:

A fixed asset is a long term asset that has a useful life of over one year, it is owned and used by a company to achieve its stated objectives. They are bought to generate income, and they are not meant to sell and not easily convertible to cash. Are categorized under noncurrent assets in the balance sheet.

Fixed assets have the following characteristics:

-They exist physically and, thus, are tangible assets.

-They are owned and used by the company in its normal operations.

-They are not offered by sale as part of normal operations.

Some examples are equipment, machinery, buildings, and land.

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How much interest is earned in just the third year on a $1,000 deposit that earns 7% interest compounded annually?
Sav [38]

Answer:

Interest earn= $80.14

Explanation:

Giving the following information:

PV= $1,000

i= 7%

n= 3

<u>First, we will calculate the future value at the second year:</u>

FV= PV*(1+i)^n

FV= 1,000*(1.07^2)

FV= 1,144.9

<u>Now, for the third year:</u>

FV= 1,144.9*1.07= 1,225.04

Interest earn= 1,225.04 - 1,144.9= $80.14

4 0
3 years ago
What is the first thing you should consider when thinking about building an international information system? the state of world
drek231 [11]

Answer:

Consider the global environment where your business will operate, and identify the business drivers for your firm and industry

Explanation:

International information system refers to basic set of information system that an organization need, in order to leverage on global trade and other businesses. The firm must also take note of the cultural factor like social norms, affecting the system.

When a company is building an international information system, it must consider the global environment, business management and processes, the platform on which the business would base its technology and its corporate global plan. All these are necessary to enhance effective international information system.

3 0
3 years ago
As lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she
bulgar [2K]

As Lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she is engaging in the encoding stage of the communication process.

<h3><u>What is encoding?</u></h3>
  • Humans primarily communicate through encoding and decoding messages. The individual who creates and transmits the message is known as the encoder.
  • The encoder must ascertain how the audience will interpret the message and make necessary changes to ensure that the audience interprets the message as intended.
  • Encoding is the process of converting ideas into language. The message is transmitted by the encoder using a "medium" such a phone call, email, text message, in-person meeting, or other communication method.

Different signals require different levels of conscious thought when they are encoded. The encoder should also care for any "noise"—such as other messages, distractions, or influences—that could obstruct their message.

Know more about encoding with the help of the given link:

brainly.com/question/19586679

#SPJ4

7 0
2 years ago
Countries are interconnected today as never before. From eating foods from different countries to singing along to songs perform
Nuetrik [128]
This is tough to answer in 3-5 sentences, and tends to also be a heavy identifier of your possible political leanings.  You'll have to apologize if some of mine leak out in the response, but this is a question we debate hotly more frequently than every 4 years.

In general, international trade can help increase the GDP and overall profits for US-based corporations.  However, if all we do is export, and we don't import, other countries don't look favorably upon that and may heavily tax our goods to counter this.

I believe we do need to be thoughtful about the amounts and kinds of international trade that we engage in.  For example, farming is always a hotly debated issue for international trade, in part because farmers in other countries with a dramatically lower cost of living OR farmers in countries with a favorable currency rate (exchange from their currency to our dollars gives them an advantage) can undercut our farmers here in the US, many of whom are already struggling.

There are also those who are worried that when we import produce from countries that have not outlawed pesticides we know are carcinogenic, for instance, this creates not only a disadvantage for US farmers, but also for consumers who may be concerned about health issues.

As another example of this, many countries outlawed import of US beef during the Mad Cow Epidemic.  We in turn also placed bans on importing beef from the UK.  

These are examples of why it's important to be thoughtful about trade, but there are certainly many others, including decline in production jobs within the US that have left cities like Detroit a ghost town (this was formerly the hub of our automotive industry production).
5 0
4 years ago
When selecting a savings account, you should consider the interest threshold.<br> O True<br> O False
ElenaW [278]

True. You should consider the interest threshold while selecting a savings account.

Interest thresholds are the maximum amount that you can keep in your savings account, also referred to as the threshold limit. This means that it is important to choose an account that holds the threshold at an amount that is convenient and suitable to your needs.

The other criteria that need to be taken into account while choosing a savings account are:

  1. fees and penalties
  2. lowest balance
  3. interest rates and interest caps
  4. fluctuating interest rates
  5. (APY) annual percentage yield
  6. (APR)  

Simple financial transactions are one benefit of a savings account, as well as interest payments, ATM and debit card services, chequebook and passbook services, net banking and mobile banking, and a minimum average balance.

Learn more about a savings account here: brainly.com/question/4089097

8 0
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