This is called, visual perception.
Answer:
a) Notes payable = current liabilities
b) Unearned rent = current liabilities
c) Accounts payable = current liabilities
d) Taxes payable = current liabilities
Explanation:
Current Liabilities are Company`s Obligations that are due for settlement within a period of 12 months.
All the above Accounts are would be classified as current liabilities as settlement in cash or service <em>(when in comes to unearned rent)</em> is due within 12 months.
Answer:
d. The cost of the parking permit is part of the opportunity cost of attending college if you would not have to pay for parking otherwise.
Explanation:
Opportunity cost is a microeconomic concept used to describe how much an economic agent fails to earn in one economic activity by employing money in another economic activity. Thus, all expenses that a student performs to study at the university, including tuition, gasoline, parking, material, and time spent on the activity, is considered an opportunity cost, since all of this could be spent on another activity.
Answer:
22%
Explanation:
The formula to compute the accounting rate of return is shown below:
= Average net income ÷ average investment
where,
Average net income is
= Total income ÷ number of years
= $148,500 ÷ 5 years
= $29,700
And, the average investment would be
= (Cost - salvage value) ÷ 2
= ($300,000 - $30,000) ÷ 2
= $270,000 ÷ 2
= $135,000
Now put these values to the above formula
So, the rate would equal to
= $29,700 ÷ $135,000
= 22%
The answer to this is absolutely none of these
