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4 years ago

Types of current assets

Business

1 answer:

miskamm [114]4 years ago

8 0

Cash in hand
Cash in bank
Cash advance
Short term loans

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Which two technologies are categorized as private wan infrastructures? (choose two.)?

Anna71 [15]

<span>The two are T1 and frame relay. T1 is the common type used for organizations that do not have their own fixed wireless connections or cable connections. Frame relay is a packet-switching mode of transmission that uses the endpoints of the connections as the error-checking and correcting terminals in the route.</span>

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3 years ago

Wims, Inc., has sales of $15.2 million, total assets of $9.8 million, and total debt of $3.7 million. The profit margin is 6 per

lianna [129]

Answer:

A) 912,000 net income

B) ROA = 9.31%

C) ROE = 14.95%

Explanation:

a) net income:

$\frac{income}{sales} =$profit margin$

sales x profit margin = net income

15,200,000 x 6% = 912,000 net income

b) ROA = return on assets

$\frac{income}{assets} =$Return on Assets$

912,000/9,800,000 = 0,0930612 = 9.31%

b) ROE = return on equity

we use accounting equation to solve for equity:

aasets = liab + equity

9.8 M = 3.7M + E

E = 9.8 - 3.7 = 6.1

$\frac{income}{equity} =$Return on Equity$

912,000/6,1000,000 = 0,1495081 = 14.95%

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4 years ago

Prepare the journal entries to record the following transactions for Blossom Company, which has a calendar year end and uses the

Lapatulllka [165]

Answer:

Dr. Cash $124,200

Dr. Accumulated Depreciation $118,800

Dr. Loss on Disposal $16,200

Cr. Equipment $259,200

Explanation:

Depreciation is the recording of asset expense due to its use. It is due to use of fair value of the asset after use. The expense value reduces the asset value over useful life period.

As per given data

Cost of Asset = $259,200

Useful life= 5 years

Salvage Value = $43,200

Asset is purchased on January 1, 2020 and on September 30, 2022 depreciation of only 2 years and 9 months has charged.

Depreciation per year = (Cost of Asset - Salvage Value) / Useful life = ($259,200 - $43,200) / 5 = $43,200

Accumulated Depreciation as on September 30, 2022 = ($43,200 x 2) + $43,200 x 9/12 = $118,800

Book value of the asset is the net of accumulated depreciation of the asset. The accumulated depreciation on September 30, 2022, is as follow:

Net Book value of Asset = 259,200 - $118,800 = $140,400

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3 years ago

Do you think pricing for Super Bowl advertising is fair?

RideAnS [48]

Answer:

Explanation:

How else are they going to make their money?

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3 years ago

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This level of relationship marketing seeks to build _______ bonds with customers. The firm keeps in touch with customers, finds

sertanlavr [38]

This level of relationship marketing seeks to build social bonds with customers.

<h3>What is marketing?</h3>

Marketing involves creating awareness about products offered by a company. It involves all activities, aimed at drawing the attention of potential customers to a product.

It is the process of getting people interested in a company's product or service.

Learn more about marketing here: brainly.com/question/6988222

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2 years ago