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natita [175]
4 years ago
7

When determining whether to record an asset as a fixed asset, what two criteria must be met?

Business
1 answer:
Anna007 [38]4 years ago
5 0

Answer: To classify an asset as fixed it must be met: "Must be long lived and must use the asset in a productive manner."

Explanation: Fixed assets: those assets and durable rights, which have been obtained in order to be exploited by the company. These are property, materials, equipment, tools and utensils that are not going to be marketed, that is, they are not going to become liquid at least during the first year.

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A plaintiff sued a chimney sweeping company for personal injury and property damages resulting from an explosion in her chimney
galina1969 [7]

Answer:

No, because the statement is not offered for its truth.

Explanation:

Hearsay is defined as a statement that is aimed at proving the truth of a matter.

So if a person makes a statement not aimed at proving the truth of a matter it is not hearsay.

In the given scenario the company offers to have its foreman testify that he had told the plaintiff not to use the fireplace for 24 hours to allow certain chemicals to evaporate.

This statement is offered as a way to test the knowledge of the plaintiff. To see if he was aware of the danger of in the space of 24 hours.

That statement was not issued as a way of showing that it was dangerous for the plaintiff to light a fire, only to test his knowledge. So it is not hearsay.

5 0
3 years ago
What are some specific liquids that have less than 80 percent water?
Tom [10]
Milk and syrup are two specific liquids

BRAINLIEST PLZ!!!!!
5 0
3 years ago
Stock Y has a beta of 1.8 and an expected return of 18.2 percent. Stock Z has a beta of .8 and an expected return of 9.6 percent
nlexa [21]

Answer:

The reward to risk ratio for stock Y is 7.22%

The reward to risk ratio  for stock Z is 5.50%

Explanation:

First and foremost, it is very important to note that the reward-to-risk ratio of a stock is the risk premium paid by the stock divided by its asset Beta.

The risk premium is calculated as stock expected return minus risk free rate

The risk premium is denoted by (rm – rrf) in Capital Asset Pricing Model of Modgiliani and Miller

For stock Y risk premium is 18.2%-5.2%=13%

For stock Z risk premium is 9.6%-5.2%=4.40%

For stock Y reward to risk ratio=13%/1.8=7.22%

For stock Z reward to risk ratio=4.40%/0.8=5.50%

Hence stock Y has a higher reward to risk ratio

4 0
3 years ago
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Answer:

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6 0
3 years ago
What type of arrangement(s), if any, would avoid double taxation for Wendall's and Shirley's endeavor? Choose the best answer if
musickatia [10]

Answer:

An s corporation or a limited liability company, but not a corporation.

Explanation:

5 0
3 years ago
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