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
NARA [144]
3 years ago
12

Which of the following will be classified as a fixed asset in a movie theater? a.Trademark b.Land for sale c.The latest movie d.

A popcorn machine
Business
1 answer:
Usimov [2.4K]3 years ago
3 0

Answer:

Kindly note that the question is asking about the fixed assets "in a" movie theater. Clearly from the question, the latest movie is not a fixed asset of movie because it is patented by the movie maker and the Trademark is a fixed asset but it is not placed in the movie theater. The Trademark is an intangible asset which don't have any physical existence in the movie theater. An intangible assets are the assets of an organization which can not be touched or have any physical existence.

The remainder two left are Land for sale does not relate to the movie theater. The only fixed asset that is in the movie theater is a Popcorn Machine.

So the correct answer is option D

You might be interested in
Net income is ________. Question 7 options: A) not cash flow B) earnings before interest and taxes C) the cash flow from the ope
victus00 [196]

Answer:d the increase or decrease in cash flow for the period of time

Explanation:

It’s the amount gained and lost in the amount of time they were in business

4 0
3 years ago
Singh has found that he needs increasing amounts of alcohol to have the desired effect.  In other words, Singh has developed a(n
Dima020 [189]
Singh has developed a dependency for alcohol. 
8 0
3 years ago
Milo receives a commission of on all sales. If his commission on a sale was , find the cost of the item he sold.
Pachacha [2.7K]

Answer: $1,256

Explanation:

Milo makes 6% on the sales that he makes.

The $75.36 that he made from this sale is therefore 6% of the cost of the item sold.

Assuming the item was x, the cost is;

6% * x = 75.36

x = 75.36/6%

x = $1,256

7 0
2 years ago
The price of apples used to make apple pies has increased. At the same time, people expect the price of apple pies to increase s
Anon25 [30]

Answer:

Equilibrium price will increase and equilibrium quantity will decrease

Explanation:

As the price of a commodity gets higher the demand will reduce. therefore they will be an abundance of the commodity since it is too hig for the consumers to buy.

3 0
3 years ago
Abel company must write-down its inventory by $30,000 to the net realizable value of $450,000 at december 31, 2016. what is the
34kurt

Answer:

decrease ending inventory on the balance sheet.

Explanation:

A write down is defined as the process of reducing the value of an asset in a business's books as a result of economic or fundamental changes in the asset.

Write down is done when a firm readjust their balance sheet usually in quarterly reports. It is the opposite of write up.

Abel company is writing down by $30,000 to a realisable value of $450,000. This will be represented in the balance sheet as a decrease in ending inventory. So as to reflect the new value of $450,000.

3 0
3 years ago
Other questions:
  • (problem 13). margo's marginal utility of one dance lesson is 100 utils per lesson. her marginal utility of a new pair of dance
    14·1 answer
  • The current price of xyz stock is $50.00. dividends are expected to grow at 7% indefinitely and the most recent dividend was $1.
    11·1 answer
  • Coach Bjourn Toulouse led the Big Red Herrings to several disappointing football seasons. Only better recruiting will return the
    14·1 answer
  • Raugust-Mathwig, Inc., a corporation, was the sole general partner of a limited partnership. Calvin Raugust was the major shareh
    10·1 answer
  • On January 1, 2019, Al's Sporting Goods purchased store fixtures at a cost of $180,000. The anticipated service life was 10 year
    9·1 answer
  • What are the 3 qualifications of a product
    15·1 answer
  • Explain external economics and external diseconomics​
    15·2 answers
  • An individual consumes products X and Y and spends $36 per time period. The prices of the two goods are $3 per unit for X and $2
    6·1 answer
  • Wells, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 865 2 1,040 3 1,290 4 1,385
    11·1 answer
  • Most states impose limitations on the authority of the legislature to borrow money, with their objectives being to protect taxpa
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!