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ANTONII [103]
3 years ago
12

While goods are ________, services are ________. analytic; leveraged. produced; performed. analytic; produced. produced; leverag

ed.
Business
2 answers:
lubasha [3.4K]3 years ago
7 0
The correct answer in the spaces above is the produced and performed. While goods are produced is the correct statement because they are being manufactured in order for it to produce. And services are performed, because the services won't be done when it is not performed. So the goods are produced then services are performed.
s344n2d4d5 [400]3 years ago
7 0

Answer:

produced; performed

Explanation:

Firms can offer goods and services to consumers, what differentiates this is the tangibility or intangibility of what will be traded. Goods are tangible products, that is, they have a shape and a physical structure, for example a notebook, a tire, a book. Therefore, goods need to be produced before being traded. The services are intangible, that is, they do not exist in physical form, such as cleaning a house, performing a data search and giving a class. In this way, services are provided by a provider to consumers.

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Sprague Company has been operating for several years, and on December 31, 207, presented the following balance sheet.
Firdavs [7]

Answer:

A. Current Ratio= 2.63

B. Acid-Test Ratio = 1.44

C. Debt to Assets Ratio 51.16%

D. Return on assets 5.81%

Explanation:

a. Calculation forn Current Ratio

First step is to Calculate the Total Current Assets

Cash 40,000

Receivables 75,000

Inventory 95,000

Total Current Assets 210,000

Now let calculate Current Ratio

Current Ratio= Current Assets / Current Liabilities

Current Ratio=210,000/80,000

Current Ratio= 2.63

b Calculation for Acid-Test Ratio

Acid-Test Ratio=(Current Assets - Inventory) / Current Liabilities

Acid-Test Ratio =(210,000-95,000)/80,000

Acid-Test Ratio =115,000/80,000

Acid-Test Ratio = 1.44

c. Calculation for Debt to Assets Ratio

First step is to calculate total Debt

Accounts payable 80,000

Mortgage payable 140,000

Total Debt 220,000

Now let calculate the Debt to Assets Ratio

Debt to Assets Ratio= Total Debt/ Total Assets

Debt to Assets Ratio=220,000/430,000

Debt to Assets Ratio= 51.16%

d. Calculation for Return on assets

Return on assets= Net Income/ Average Assets

Return on assets=25,000/430,000

Return on assets 5.81%

4 0
3 years ago
Amend Inc. debited Accounts Receivable and credited Allowance for Uncollectible Accounts to reestablish an account previously wr
goldfiish [28.3K]

Answer:

Cash; account receivable

Explanation:

The journal entry to reestablish an account previously written off is given below:

Cash Dr XXXXX

   To account receivable XXXXX

(being the reestablish an account previously written off is recorded)

Here the cash is debited as it increased the assets and account receivable is credited as it decreased the assets

5 0
3 years ago
The literacy rate is ____.
Alisiya [41]

Answer: the proportion of a country's people that can read and right

Explanation:

originally literacy rate is based on the number of LITERATE persons in a give age group.

4 0
3 years ago
A. Net income was $477000.
serious [3.7K]

Answer:

the answer would be 876

Explanation:

nfdejwn

8 0
3 years ago
Palmer goes to a truck dealership and asks for a truck capable of handling a 5000-pound load. He makes it clear that it is up to
MA_775_DIABLO [31]

Answer:

B. Implied warranty of fitness

Explanation:

An implied warranty of fitness for an specific purpose refers to the fact that if the seller of a product knows that the product will be used for an specific purpose and that the buyer is purchasing that product for that using it that way, then an implied warranty of fitness is formed. In this case, the seller knew that Palmer was going to carry 5,000 pounds in the truck and therefore, by offering a certain truck to Palmer, an implied warranty of fitness was formed stating that the truck could carry that load.

5 0
3 years ago
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