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
VARVARA [1.3K]
3 years ago
10

Why is it necessary to maintain a fixed asset register and what does it enable you to do? ​

Business
1 answer:
Jobisdone [24]3 years ago
8 0

Answer:

There is financial consequence to not maintaining an accurate asset register. Every business should know at any given time where their assets are and in what condition they are in. The tracking of assets can prevent theft and loss and the maintenance of assets can extend the life of the asset. There are major tax benefits to any business tracking their assets correctly. In most cases it is a statutory requirement to have an asset register.

Explanation:

You might be interested in
Your brother is starting 9th grade next year and is thinking about going to college. What steps would you recommend he take
Scrat [10]
He should try to maintain a high GPA because 9th grade is an important year
8 0
3 years ago
Read 2 more answers
If a new firm was launched to help businesses comply with the affordable care act, that opportunity was created by ________.
vekshin1
That opportunity was created by political actions and regulatory changes, government subsidiaries. An opportunity is a favorable set of circumstances that creates need for a new product service or idea. An opportunity should have essential qualities such as attractive, timely durable and anchored in a product, service or business that adds value for its buyer or end user.
8 0
3 years ago
Percent of all profits and losses, this extra allocation indicates total goodwill of $150,000, which must be split among all par
ivann1987 [24]
This fact is true, but is this a question?
8 0
3 years ago
Which is most likely to happen to consumers with good credit? Check all that apply.
nekit [7.7K]

Answer:

They can use credit in emergencies. A form must be filled out when someone is hired for a job to determine how much income tax will be withheld.

Explanation:

4 0
3 years ago
On January 1, 2011, Ozark Minerals issued $10 million of 9%, 10-year convertible bonds at 101. The bonds pay interest on June 30
horsena [70]

Answer:

Explanation:

Bonds are corporate debt units that are issued by firms inform of financial securities and  are traded as tradeable assets. It is basically referred to as a fixed income instrument since bonds conventionally are paid a certain fixed amount of interest rate (coupon) to its respective debtholders.

going by the question Upon issuance, Ozark should

Credit premium on bonds payable $100,000

Because face value of bonds =  $10 million but issue price is  $10 million * 101 % i.e $ 10100000

So, premium = 10100000 - 10000000 = $ 100000

5 0
3 years ago
Read 2 more answers
Other questions:
  • A delivery service is buying 600 tires for its fleet of vehicles. One supplier offers to supply the tires for $ 75 per​ tire, pa
    15·1 answer
  • Brandon and jane forte file a joint tax return and decide to itemize their deductions. the forte's income for the year consists
    14·1 answer
  • Suppose a price-taking firm produces 400 units at its optimal output level. At that output rate, marginal cost is $200, average
    13·1 answer
  • Consider the following accounts (Click the icon to view the accounts.) Identify the financial statement (or statements) that eac
    9·1 answer
  • JDW Corporation reported the following for 20X1: net sales $2,929,500; cost of goods sold $1,786,995; selling and administrative
    10·1 answer
  • The Baldwin company will sell 100 units (x1000) of capacity from their Buddy product line. Each unit of capacity is worth $6 plu
    8·1 answer
  • In early January, Burger Mania acquired 100% of the common stock of the Crispy Taco restaurant chain. The purchase price allocat
    7·1 answer
  • What does the European Central Bank (ECB) and the Eurogroup<br> manage in economic/monetary terms?
    12·1 answer
  • Which one of the following statements is false concerning the term structure of interest rates? A. Expectations of lower inflati
    11·1 answer
  • A bond has a modified duration of 8 and a price of 112,955 calculated using an annual effective interest rate of 6.4%. EMAC is t
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!