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4 years ago

As Prepaid Rent is used, the asset becomes a/an

Business

2 answers:

Tju [1.3M]4 years ago

8 0

The correct answer is the letter B. Expense

melamori03 [73]4 years ago

6 0

As prepaid rent is used, the asset becomes a liability.
Liability because it becomes the responsibility of someone who uses the prepaid. Since the prepaid rent was used, it needs money to be able to pay them. It becomes the responsibility for someone to be able to use his money to pay the prepaid rent that was used.

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A hot dog vendor sells an average of 50 hot dogs during a Little League baseball game. If the sales are Normally distributed wit

Kobotan [32]

Answer:

74.64%

Explanation:

Average sales (μ) = 50 hot dogs

Standard deviation (σ) = 7 hot dogs

In a normal distribution, the z-score for any given number of hot dogs sold, X, is determined by:

$z=\frac{X-\mu}{\sigma}$

For X = 45 hot dogs:

$z=\frac{45-50}{7}\\ z= -0.7143$

For X = 65 hot dogs:

$z=\frac{65-50}{7}\\ z= 2.1429$

A z-score of -0.7143 falls in the 23.75th percentile of a normal distribution while a z-score of 2.1429 falls in the 98.39th percentile.

Therefore, the probability that he vendor will sell between 45 and 65 hot dogs is:

$P(45 \leq X \leq 65) = 98.39-23.75\\P(45 \leq X \leq 65) = 74.64\%$

5 0

3 years ago

Aggregate supply (as) denotes the relationship between the __________________ that firms choose to produce and sell and the ____

kondor19780726 [428]

<span>Aggregate supply (as) denotes the relationship between the total quantity that firms choose to produce and sell and the price level of the output, holding the price of inputs fixed. </span>Aggregate supply is the total supply of services and goods that identifies the economy plan of a nation in a specific period of time.

5 0

3 years ago

David is recently divorced and his ex-wife took most of their kitchen equipment when she relocated. He's decided to host a Pampe

Anestetic [448]

Answer:

The correct answer is C

Explanation:

Specialty retailer is the kind of retailer whose focus is on a particular categories of the product like office supplies or women's clothing.

So, in this case, David decided to host a party of Pampered Chef and he could purchase the items of the Pampered Chef at a discount and even the free items as he is hosting a party. So, Pampered Chef will be classified as the specialty retailer.

5 0

3 years ago

The Tuck Shop began the current month with inventory costing $19,000, then purchased inventory at a cost of $52,950. The perpetu

DaniilM [7]

Answer:

Inventory shrinkage = $1,322

Explanation:

We know,

Inventory shrinkage = Ending inventory - Actual inventory at hand

Given,

Actual inventory at hand = $13,500

Ending inventory = Beginning inventory + Purchase - Inventory sold(Costing price)

Or, Ending inventory = $19,000 + $52,950 - $57,128

Or, Ending inventory = $71,950 - $57,128

Or, Ending inventory = $14,822

Therefore,

Inventory shrinkage = Ending inventory - Actual inventory at hand

Or, Inventory shrinkage = $14,822 - $13,500

Or, Inventory shrinkage = $1,322

5 0

3 years ago

Materials must have which two qualities in order to be classified as direct materials?

schepotkina [342]

The answer to your question is
<span>d. they must be an integral part of the finished product but can be an insignificant portion of the total product cost.

Hope this helps you!

</span>

3 0

3 years ago