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natali 33 [55]
4 years ago
8

Surf City Software Company develops new surf forecasting software. It sells the software to Microsoft in exchange for 1,000 shar

es of Microsoft common stock. Surf City Software has exchanged a ________ asset for a ________ asset in this transaction.A. real; real B. financial; financial C. real; financial D. financial; real E. none of the options
Business
1 answer:
Neporo4naja [7]4 years ago
7 0

Answer:

C) real ; financial

  • Surf City Software has exchanged a <u>REAL</u> asset for a <u>FINANCIAL</u> asset in this transaction.

Explanation:

Even though software is not a tangible asset, it is considered a real asset because it is capable of generating value.

On the other hand,the value of financial assets is defined by the amount of money that can be obtained once they are exchanged for cash or other real assets. The main advantage of financial assets over real assets is that they can usually increase in value over time, while real assets tend to lose value over time.

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Steve is a baseball fan. He regularly goes to games right after work without eating food. Therefore, he hopes that the food and
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Answer:

The answer is B.Personal needs.

Explanation:

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4 years ago
Lindon company is the exclusive distributor for an automotive product that sells for $40 per unit and has a cm ratio of 30%. the
DIA [1.3K]
1)The cm ratio<span> is the difference between a company's sales and variable expenses (expenses proportional to units produced), expressed as a <span>percentage. Hence, we have that the costs of the product per unit are 70%= 100%-30% of the unit income, thus they are 40*70%=28$. Thus, the variable expenses per unit are 28$.
2) In order to break even, they have to make profit of 180000$ from sales. Each unit gives a profit of 12$=40$-28$ (unit profit). Hence, in order to make a profit of 180000$, the have to sell 180000/12=15000 units. Those units will bring in sales of 40*15000=600000$. We also have that if the company wants to make a net profit of 60000$, the profit from the unit sales needs to be 240000$ in total. Hence, they will need 240000/12=20000 units and the sales will be 40*20000=800000$ at that point.
3) Let us calculate the new cost. It is obviously 28-4=24$. The new profit margin per unit is 40-24=16$. Hence, to break even this time they will need only 180000/16=11250 units. They will be sold for 40*11250=450000$ in total. To make that additional profit of 60000$, they will need to sell 60000/16 more units, hence 3750 more units. This means that they need to do an additional 150000 dollars in sales. With the new variable cost, to achieve profit of 60000 they need to sell 11250+3750=15000 units and they will cost 600000$


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5 0
3 years ago
Students earn a certificate from a vocational school as opposed to a ____ from a college/university.
Oliga [24]

Answer:

A.) degree

Explanation:

The degree certificate is the certification awarded after successful completion of a college/university education program. A university program takes a long time to accomplish as compared to a vocational school program. While vocational colleges award certificates, colleges, and universities award degrees.

4 0
3 years ago
What is the purpose of the community safety education act
murzikaleks [220]

Answer:

It covers the instruction on interaction with law enforcement, to the Texas Education Code (TEC). The legislation requires the State Board of Education (SBOE) to adopt rules to include the instruction developed under TEC, §28.012, in one or more courses in the required curriculum for students in grades 9-12

Explanation:

It requires teaching on the  the instruction on interaction with law enforcement for students in grades 9-12.

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4 years ago
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