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3 years ago

5

What is not a reason for branding on stadiums

1 answer:

Maslowich3 years ago

8 0

I think intellectual curiosity is not a reason,

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Which of the following accounts would not be included in the closing process at year-end?a) Rent expense.b) Additional paid-in c

hammer [34]

Answer:

b) Additional paid-in capital.

Explanation:

Closing process in accounting is a period end activities which involves

the movement or transfer of temporary accounts to permanent accounts.

Temporary accounts are all income statement accounts like sales account, rent account, depreciation expense account, telephone expense account e.t.c.

This exercise is to prepare temporary accounts for the next period. since temporary accounts are measured as at period end, the transaction of a period must not be allowed to mix with another, hence the need to always close or bring to zero all temporary accounts.

In the question, all are income accounts except additional paid-in capital

3 0

3 years ago

Which of the following statements are false?

Delicious77 [7]

I want to say it's B but

5 0

3 years ago

_____ exists because people's wants for goods and services are greater than the number of products that can be made from availab

seropon [69]

Scarcity exists because people's wants for goods and services are greater than the number of products that can be made from available resources

3 0

3 years ago

Gerald received a one-third capital and profit (loss) interest in XYZ Limited Partnership (LP). In exchange for this interest, G

olchik [2.2K]

Answer:

The appropriate answer is "$9,300".

Explanation:

The given values are:

FMV,

= $31,000

Adjusted basis,

= $15,500

Encumbered mortgage,

= $9,300

Now,

The Gerald's outside basis will be:

= $Adjusted \ basis-Encumbered \ mortgage+Share \ of \ mortgage$

On substituting the given values, we get

= $15,500 - 9,300+(\frac{9,300}{3})$

= $15,500 - 9,300 + 3,100$

= $18,600-9,300$

= $9,300$ ($)

7 0

2 years ago

Alternative A would involve substantial fixed but relatively low variable costs: fixed costs would be $250,000 per year, and var

stepladder [879]

Answer:

From zero to 33 boats option B would be best

Explanation:

Assuming the first alternative (A)is 250,000 fixed and 500 per boat

second (B) 2,500 cost per boat

and third (C) 50,000 fixed and 1,000 cost per boat

We want' to know at which level B would be the best option

we want to know when alternative C or A have a cost of 2,500 or lower:

A:

$500 + \frac{250,000}{Q} = 2,500$

$\frac{250,000}{2,500 - 500} = Q$

Q = 125

From this point, as fixed cost will be distribute among more units, the cost will decrease meaking C better than B

C:

$1,000 + \frac{50,000}{Q} = 2,500$

$\frac{50,000}{2,500 - 1,000} = Q$

Q = 33.33

From this point, as fixed cost will be distribute among more units, the cost will decrease meaking A better than B

From zero to 33 boats option B would be the best of the three options

6 0

3 years ago