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3 years ago

The assets section of a classified balance sheet usually includes the subgroups: Multiple Choice Current

Business

1 answer:

Readme [11.4K]3 years ago

5 0

Answer:

The correct answer is letter "B": Current assets, long-term investments, plant assets, and intangible assets.

Explanation:

A classified balance sheet is a detailed report including specific information about the company's assets, liabilities, and shareholder's equity. This balance sheet itemizes details regarding current assets, long-term investments, fixed assets, intangible assets, current liabilities, long-term liabilities, and shareholder's equity.

Classified balance sheets do not have a set of classified accounts that must be used, thus, the information included relies on the manager's needs based on current and long-term transaction data.

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Economic agents who borrow funds are known as debtors , the funds that they borrow are referred to as credit , and this activi

Alja [10]

Answer: Loan-able funds market

Explanation:

The loan-able funds market is one of the type of economics based market that helps in determining the various types of supply an the demand loan- able funds in the market.

The borrowing an the crediting are the process that comes under the loan-able funds market activities. In this process, the people are borrowing the funds for the investment purpose instead of using in the personal consumption.

Therefore, Loan-able funds market is the correct answer.

7 0

3 years ago

If a company is given credit terms of 2/10, n/30, it should________.

diamong [38]

Answer:

(A) pay within the discount period and recognize a savings.

Explanation:

The given credit terms of 2/10, n/30 means

If the payment is paid within 10 days so 2% discount is given and the total credit period given is 30 days

Suppose we take an example

A buys the merchandise of goods from B for $10,000 on April 1. The payment is doe by A on April 7

So, the net payment is

= $10,000 - $10,000 × 2%

= $10,000 - $200

= $9,800

The $200 shows the discount which A avails and termed as a savings

6 0

3 years ago

Car X can come with any of these 5 additional features: sunroof, stereo, tinted windows, leather seats and cruise control.

Law Incorporation [45]

This question is incomplete! here is the complete question with answer!

Car X can come with any of these 5 additional features: sunroof, stereo, tinted windows, leather seats and cruise control.

Quantity A : Number of different combinations possible

Quantity B : 25

A The quantity in Column A is greater

B The quantity in Column B is greater

C The two quantities are equal.

D The relationship cannot be determined from the information given.

Answer:

A The quantity in Column A is greater

Explanation:

Lets first analyze the number of different combinations possible!

To find out the combinations we use the following formula:

The number of ways to choose a sample of r elements from a set of n distinct objects where order does not matter.

$nCr=\frac{n!}{r!(n-r)!}$

Car X can have these 5 features: sunroof, stereo, tinted windows, leather seats and cruise control.

Car X has 2 options for each feature: Included or Not included

If car X has no feature at all then:

$5C0=\frac{5!}{0!(5-0)!}=\frac{5!}{0!*5!}=1$

If car X has 1 feature included then:

$5C1=\frac{5!}{1!(5-1)!}=\frac{5!}{1!*4!}=5$

If car X has 2 features included then:

$5C2=\frac{5!}{2!(5-2)!}=\frac{5!}{2!*3!}=10$

If car X has 3 features included then:

$5C3=\frac{5!}{3!(5-3)!}=\frac{5!}{3!*2!}=10$

If car X has 4 features included then:

$5C4=\frac{5!}{4!(5-4)!}=\frac{5!}{4!*1!}=5$

If car X has all of the 5 features included then:

$5C5=\frac{5!}{5!(5-5)!}=\frac{5!}{5!*0!}=1$

Now sum all the possible combinations: 1+5+10+10+5+1=32

So, quantity A is 32 and quantity B is 25

Therefore, we can conclude that the quantity in column A is greater

8 0

3 years ago

What does the term human capital refer to?

aivan3 [116]

It means different skills in the knowledge of workers

5 0

3 years ago

Read 2 more answers

Jessica from the legal team needs to make a presentation on intellectual property rights. She is making this presentation for co

ioda

Answer:

Jessica should utilize the advice offered by Alison to edit her presentation slides, removing unnecessary details.

Explanation:

Editing the presentation will enable Jessica to get rid of unnecessary and unwanted stuff. It will also ensure that the presentation is error-free and achieves grammatical accuracy. Presentation slides should not be detailed since the required details are usually given during the proper presentation.

3 0

3 years ago