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lions [1.4K]
3 years ago
13

3. BP's committing of$500 million to partnership with University of California-Berkeley to develop new sources of energy is a ca

pital budgeting decision. a.True b.False
Business
1 answer:
BaLLatris [955]3 years ago
5 0

Answer:

True

Explanation:

A capital budgeting decision refers to how a business decides to invest money it already holds. Businesses decide how to invest their current assets anticipating the potential future revenues that those investments will yield.

In this case, BP is investing $500 with the University of California-Berkeley probably as an sponsor of research projects (as part of R&D). Any potentially revenue generating project should then be shared by both the university and BP.

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If the Trial Balance columns are not equal and the difference can be evenly divided by 9, then the error most likely is a transp
saw5 [17]

Answer:Yes

True

Explanation:

A transposition error is a data entry error that is caused by inadvertently switching two adjacent numbers. ... For example, the number 63 is entered as 36, which is a difference of 27. The number 27 is evenly divisible by 9. This can surely cause discrepancies in the trial balance

7 0
3 years ago
Glascro Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the
Ber [7]

Answer:

$1,000

Explanation:

We know that

Total cost = Fixed cost + Variable cost

From the data given, we can calculate the variable cost using the high-low technique.

Variable cost per unit

=\frac{Total cost at highest level-Total cost at lowest level }{Highest level - Lowest level} \\\\=\frac{16,000-10,000}{1,000-600 } \\

=$15

Lease cost = FC + $15(Machine hours)

Lease cost -$15(Machine hours) = FC

Case,

i) 800 machine hours,

FC = Lease cost - $15(Machine hours)

     = $16,000 -$15(1000) = $1,000

6 0
3 years ago
Hey people i have nothing to sy so yeah HI
stira [4]

Answer: hi

Explanation:

6 0
2 years ago
Read 2 more answers
The cumulative effect of the declaration and payment of a cash dividend on a company's financial statements is to increase total
ankoles [38]

Answer:

decrease total assets and stockholders' equity

Explanation:

At the time of declaration a liability increases, against dividend expense.

At the time of payment that liability is settled by paying in cash.

Thus net effect of both transactions is decrease in cash and increase in expenses.

If we carefully analyse the options, then

we get that there is decrease in assets in the form of cash and decrease in equity as expenses decrease retained earnings which are owner's equity.

Therefore, correct option is

decrease total assets and stockholders' equity.

7 0
3 years ago
What is a work breakdown structure? A list of the activities making up the higher levels of the project A definition of the hier
Anna35 [415]
A definition of the hierarchy of project tasks subtasks and work packages
7 0
3 years ago
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