All categories

2 years ago

Anything that is capable of being owned or controlled to produce value would be considered as what?

Business

1 answer:

Tatiana [17]2 years ago

7 0

Answer: The correct answer is anything that is capable of being owned or controlled to produce value is an asset.

Explanation: An asset is anything that is capable of being owned or controlled to produce value. Assets represent the value of ownership that can be converted to cash.

You might be interested in

Which of the following inventory valuation methods produce(s) the same dollar amount as the balance in ending inventory under bo

mylen [45]

Answer:

c. Yes, No

Explanation:

The difference between the periodic and the perceptual inventory system is that the period system is based on the occasional physical accounts of the inventory to determine the ending inventory balance and costs of the goods and services sold.

The perceptual system keeps a track of the inventory balances.

8 0

3 years ago

Jason Allen is planning to invest $26,000 today in a mutual fund that will provide a return of 11 percent each year. What will b

Troyanec [42]

Answer:

Value of investment after 10 years will be $738244

Explanation:

We have given that Jason Allen is planning to invest $26000 today in mutual fund

So present value P = $26000

Rate of interest r = 11 %

Time period n = 10 years

We have to find the amount after 10 years

We know that amount is given by

$A=P(1+\frac{r}{100})^n$ , here A is future value , P is present value r is rate of interest and n is time period

So amount after 10 year will be $A=26000\times (1+\frac{11}{100})^{10}$

= $26000\times 1.11^{10}$

$=260000\times 2.8394=738244$

So value of investment after 10 years will be $738244

8 0

3 years ago

Suppose a farmer wants to borrow $176,590.00 to buy a tract of land. The BCS bank will make a 22-year loan fully amortized at 6.

Andrew [12]

Answer:

A Farmer

i) Loan principal = $178,033 ($176,590 + $443 + $1,000)

ii) Required stock purchase = $1,000

iii) Annual loan payment (fully amortized at 6.19%) is:

= a. $15,032.59

Explanation:

a) Data and Calculations:

Required loan amount = $176,590.00

Period of loan = 22 years

Interest rate = 6.19%

Loan fee = $443.00

Stock purchase = lesser of $1,000 or 3.00% of loan amount

= lesser of $1,000 or $5,297.70 ($176,590 * 3%)

i) Loan principal = $178,033 ($176,590 + $443 + $1,000)

ii) Required stock purchase = $1,000

iii) Annual loan payment (fully amortized at 6.19%) = $15,030 approximately :

(# of periods) 22

I/Y (Interest per year) 6.19

PV (Present Value) 178033

FV (Future Value) 0

PMT = $15,030.02

Sum of all periodic payments $330,660.34

Total Interest $152,627.34

7 0

3 years ago

Leadership effectiveness should be evaluated according to which of the following characteristics?

nikdorinn [45]

Answer:all of the above

Explanation:

7 0

2 years ago

Regarding CRM, a _____ is a general method or type of interaction with a customer, such as a telephone or a customer service des

denpristay [2]

Answer:

Touch point is a method of interaction with a customer, such as telephone or customer service desk.

8 0

3 years ago