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4 years ago

Classify each of the investments in assets as either permanent or temporary:

Business

1 answer:

Katarina [22]4 years ago

5 0

Answer:

1. A is temporary

2. B is permanent

3. C is temporary

Explanation:

1. A is temporary because these Valentine's day card are sold seasonally. That is at a particular time of the year. It's inventory is not for a permanent basis or for a long period of time.

2. Acquiring a new forklift is a permanent inventory because the equipment will stay in the company for a long period of time, for as long as it continues to serve the purpose for which it was acquired. This makes it a life asset.

3. The Increase in account receivable do due to expansion in customer base is for a short term due to goods sold on credit therefore they are temporary.

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Bruce is a single father with 1 child. He can work as a bagger at the local grocery store for $6 per hour up to 1,200 hours per

nirvana33 [79]

Answer:

Total Income=$16,440

Explanation:

Number of working hours allowed=1,200 hour per year

Amount paid =$6 per hour

Welfare amount, if Bruce does not work=$15,000

If Bruce works, deduction on 1$=$0.60 or 60 cents

Bruce worked per year=600 hours

Required:

Income of Bruce=?

Solution:

Income from working=600*6

Income from working=$3,600 per year

Amount received from Welfare=$15,000- (3,600*0.60)

Amount received from Welfare=$12,840

Total Income=Income from working+Amount received from Welfare

Total Income=$3,600+$12,840

Total Income=$16,440

6 0

3 years ago

It is important to cook food to high enough temperatures so that a) the possibility of cross-contamination is greatly reduced. b

Feliz [49]

Answer:

d) pathogens are reduced and illness is prevented.

Explanation:

It is important to cook food to high enough temperatures so that pathogens are reduced and illness is prevented. Pathogens are organisms such as virus, fungi, bacteria, protozoa, worms that causes diseases to its host.

These pathogens are usually destroyed by heat, so it's necessary and important to properly cook food to a high temperature by grilling, boiling, frying, roasting and baking.

Furthermore, a hot-holding unit can be used to store food in order to reduce pathogens.

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3 years ago

Importance of bop. business managers and investors need bop data to anticipate changes in host-country economic policies that mi

nordsb [41]

The three specific signals that a country’s BOP data can provide are:

The BOP is an significant pointer of burden on a country's foreign exchange rate, and therefore on the possible for a firm swapping with or capitalizing in that country to practice foreign exchange gains or losses. Fluctuations in the BOP may forecast the burden or elimination of foreign exchange controls.

Modifications in a country's BOP may indicate the nuisance or removal of controls over imbursement of dividends and interest, royalty fees, license fees, or other cash payments to foreign companies or stockholders.

The BOP assists to predict a nation's market prospective, particularly in the short run. A country undergoing a grave trade shortfall is not expected to enlarge imports as it would if successively a surplus. It may, though, welcome investments that grow its exports.

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4 years ago

Brian wants to set up a budget but is unsure how much to put in the income section because he works more hours per week in the s

Doss [256]

<span>Brian should create a monthly budget using the income from each month. He should multiply his weekly income in a given month by four, to account for four weeks. This should provide him with a reasonable estimate of what his income will be for the month. Since his income varies depending on the month, he should make an individual budget for each month to achieve better accuracy.</span>

6 0

3 years ago

You just won $90,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 6% p

yanalaym [24]

Answer:

about 1.24 million dollars

Explanation:

Account value is multiplied by 1.06 each year, so after 45 years, it has been multiplied by 1.06^45. The value is ...

$90,000 × 1.06^45 = $1,238,814.97

7 0

4 years ago

Classify each of the investments in assets as either permanent or​ temporary:

Classify each of the investments in assets as either permanent or temporary: