1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
just olya [345]
3 years ago
10

The assets section of the balance sheet normally presents assets in________.

Business
1 answer:
AysviL [449]3 years ago
7 0

Answer:

The answer is A. the order in which they will be converted into cash or used in operations

Explanation:

Balance sheet prepared in this order is called Liquidity-Based Preparation - all assets and liabilities are presented broadly in order of liquidity.

It usually starts with current asset and non-current asset and current liabilities and non-current liabilities

Assets are never prepared in the the order of smallest to largest dollar amounts or largest to smallest.

You might be interested in
: Jane and Sarah are both investors. Jane has invested thousands of dollars into one small company. Sarah has invested hundreds
Alja [10]

Answer:

Sarah has invested in sole proprietorship while Jane has invested in corporations

Explanation:

Sole proprietorship is owned and run by a single owner who is legally obligated for all business assets and liabilities. Since Sarah has invested thousands of dollars in one company, it looks like she has invested in sole proprietorship in which she is the owner.

Corporation is run by group of people who are not legally obligated for the assets and liabilities of the corporation. People can invest in more than one corporation as they are open for public offer. These investors earn dividends based on the earnings earned by the corporations So, possibly Jane has invested hundreds of dollars in different large companies.

7 0
3 years ago
David bought a pickup truck to transport his equipment on weekend fishing trips. He also bought a trailer for his lawn maintenan
trasher [3.6K]

Answer:

B2C and B2B, respectively.

Explanation:

The pickup that David bought to transport equipment on weekend fishing trips should be considered a business to consumer (B2C) transaction David will use it for recreational activities.

The trailer that David bought to transport his lawn maintenance equipment should be considered a business to business (B2B) transaction David will use it for his lawn maintenance business.

6 0
3 years ago
A golf course is mostly likely to be closed on what day of the week?
nikklg [1K]
Hi!

The day of the week a golf course is mostly likely to be closed on is Monday. =)
8 0
3 years ago
You get a 15% discount if you buy a new range listing at $924.95 and a new freezer listing at $12,695.95 on the same bill. What
ale4655 [162]

Answer:

a)$2,043.14

Explanation:

The discount is applicable when both items are bought together.

the total bill for the two items will be  $12,695.95 + $924.95

=$13,620.90

15% discount  of $13,620.90

=15/100 x $13,620.90

=0.15 x $13,620.90

=$2,043.135

=$2,043.14

5 0
2 years ago
Real Angus Steakhouse purchased land for $75,000 cash. They also incurred commissions of $4,500, property taxes of $5,000, and t
Stella [2.4K]

Answer:

c. $84,300.

Explanation:

The computation of the total cost of the land is shown below:

= Purchase cost of land + commission incurred + property taxes + title insurance

= $75,000 + $4,500 + $4,000 + $800

= $84,300

We simply added that costs which are related to the land i.e purchase cost, commission , property taxes ,and title insurance. The $1,000 cost should not be considered.

4 0
3 years ago
Other questions:
  • What type of sales pitch you would use to try in convince that person to purchase a product
    5·1 answer
  • ​Hyde's Headphones sells deluxe headphones for $ 80 each. Unit variable expenses total $ 45. The breakeven sales in units is 2 c
    5·1 answer
  • Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $74,000 and $3,900, r
    8·1 answer
  • Apex corporation surveys its consumers to determine how they view the similarities and dissimilarities among relevant product at
    7·1 answer
  • In Year 1, the actual budget deficit was $200 billion and the standardized deficit was $150 billion. In Year 2, the actual budge
    15·1 answer
  • What gives the us government the right to collect taxes?
    7·2 answers
  • Western company begins the year with $50,000 of inventory on hand. During 2018, western purchases additional inventory for $100,
    14·1 answer
  • Inventory by Three Methods The units of an item available for sale during the year were as follows:
    15·1 answer
  • If the price elasticity of demand for a product equals 1, as its price rises the:______
    12·1 answer
  • Who gains from inflation? multiple choice 3 those with the most skill. no one benefits from inflation. borrowers lenders
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!