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Taya2010 [7]
3 years ago
7

All of the following are examples of assets except?

Business
1 answer:
jarptica [38.1K]3 years ago
5 0
<span>D) an employees car used for deliveries</span>
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Jerome is training to be a vacuum cleaner sales person. initially, he got paid for each customer he called on, even if the custo
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Cassie has three criteria for her career. She would like to make at least $60,000 a year at the height of her career. She would
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3 years ago
"You want to invest your savings of $20,000 in government securities for the next 2 years. Currently, you can invest either in a
JulijaS [17]

Answer:

Explanation:

In the former case that is investment in security that pays interest of 8% per year for the next 2 years , there is provision of fixed interest rate . That means one can be assured of interest rate of 8 % for two years but he can not get benefit of market fluctuation if interest rate if it  rises above 8 % after one year .

In case of investment in  security that matures in 1 year but pays only 6% interest , one can take the benefit of market fluctuation if interest rate rises above 8 % . So if there is likelihood that interest rate can rise above 8 % in future , one should invest in 6% security for one year and reinvest it after one year , in the same security or in other security which fetches higher rate of interest .

Apart from that , if there is a contingent liability of paying after one year , one can not go in for 2 year security as it will have to break prematurely , that will result in loss of interest .

So due to situation described above,  one should prefer investment in one year security .

6 0
3 years ago
Which of the following is true about investors who buy preferred stock?
raketka [301]
I think the correct answer is A. Investors who buy preferred stock receive dividends after the common stock shareholders. Preferred stock is a stock type that gives right to the owner a fixed share of the company's profit or fixed dividend.
7 0
3 years ago
Read 2 more answers
The cost of goods sold for Michaels Manufacturing in the current year was $233,000. The January 1 finished goods inventory balan
VMariaS [17]

Answer: d. $240,400

Explanation:

To calculate the Cost of Goods sold for the year we simply add the Opening Balance of Finished goods to the Cost of Goods for the year and then subtract the Finished goods balance at year end (ending).

That would be,

= 233,000 + 31,600 - 24,200

= $240,400

$240,400 is the Cost of Goods sold for the year so Option D is correct.

8 0
3 years ago
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