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4 years ago

HElP PLEEEASE!!

Business

2 answers:

bekas [8.4K]4 years ago

8 0

36.) A
37.) not sure but maybe D
40.) A

harkovskaia [24]4 years ago

8 0

Answer:1-A

2-C

3-C

4-B

5-C

6-A

7-B

8-A

9-B

10-C

11-A

12-A

13-D

14-A

15-B

16-C

17-B

18-D

19-C

20-B

21-A

22-A

23-C

24-B

25-B

26-B

27-B

28-C

29-B

30-B

31-A

32-C

33-B

34-A

35-D

36-C

37-B

38-D

39-C

40-D

Principles of Marketing Final Exam answers

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Mary exchanged an office building used in her business for some land. Mary originally purchased the building for $45,000, and it

nikklg [1K]

Answer:

The answer is: B) $24,000

Explanation:

This type of exchange is classified as a like-kind exchange (1031 exchange); it is a transaction that allows a company to dispose an asset and acquire another replacement asset without generating a tax liability from the sale of the replaced asset.

$40,000 (replacement asset) + $4,000 (cash paid) - $20,000 (replaced asset) = $24,000

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3 years ago

The following transactions occur for Badger Biking Company during the month of June:a. Provide services to customers on account

irina1246 [14]

Answer:

Assets = Liabilities + Stockholders' Equity

(a) $50,000 (AR) $50,000 (RE)

(b) $42,000 (C) - $42,000 (AR)

total $80,000 $35,000 $45,000

on (b), assets total amount doesn't change, one account replaces the other

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3 years ago

Current liabilities could include all of the following except: A. any part of long-term debt due during the current period. B. a

Firdavs [7]

Answer: C. a bank loan due in 18 months.

Explanation:

Current liabilities include all the debt obligations that a company has in the current period.

This means that only debt obligations that mature within a year are to be considered current liabilities.

Bank loans that are due in 18 months are over a year and so have to be considered long-term liabilities not current liabilities.

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3 years ago

At least once a year, budgeted spending should be compared against ____ spending.

Savatey [412]

Actual spending. It is important to compare the budget, which is expected spending, to actual spending to make adjustments and catch potential problems or figure out what to do extra money.

7 0

3 years ago

What is an advantage of a Limited Liability Company?

son4ous [18]

Answer:

llc ,No restrictions on the number of members allowed

pass through taxation

3 0

3 years ago