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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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Suppose the lead time is 3 operating days, and that the superstore wishes to maintain instock probability of 90%. The demand in

AveGali [126]

Answer:

the re-order point is 97.17

Explanation:

The computation of the re-order point is given below:

Re-order point is

= (Daily demand × Lead time) + (Z × Standard deviation × Sqrt(Lead time)

= (25 × 3) + (1.28 × 10 × Sqrt(3))

= 97.17

hence, the re-order point is 97.17

The same is to be considered and relevant too

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2 years ago

Interest begins accruing on a _____ the day of the transaction.

xenn [34]

Interest begins accruing on a __ cash advance ___ the day of the transaction
.As interest is the
money that is paid regularly at a particular rate for the use of money lent
A __posting date___ is when a payment is credited to an account.
its the date at which money is being transected from bank
so correct option is B
hope it helps

6 0

3 years ago

Read 2 more answers

Click this link to view O*NET's Work Activities section for Architects. Note that common activities are listed toward the

Oxana [17]

Answer:

communicating with persons outside of the organization

drafting, laying out, and specifying technical devices, parts, and equipment

making decisions and solving problems

thinking creatively

4 0

3 years ago

Read 2 more answers

Choose the most accurate statement: If these projects are mutually exclusive, which project should be chosen by the CEO of the

serg [7]

Answer:

Project A is the better option than Project B.

Explanation:

The NPV of the project will decide which is the option with greater value to shareholders. As we can see that the NPV of Project A at 10% cost of capital is greater than the NPV of Project B at the same 10% cost of capital. So the best option here is Project A as is more in value than project B. Hence the CEO must select Project A.

3 0

3 years ago

The income statement and a schedule reconciling cash flows from operating activities to net income are provided below for Macros

wariber [46]

Explanation:

The preparation of the cash flows from operating activities section is shown below:-

Working note:-

Sales $330

Add Decrease in Accounts Receivables $7

Cash collected from customers $337

Cost of goods sold $130

Add Increase in inventory $13

Less Increase in accounts payable $19

Paid cash to suppliers $124

Salary expenses $41

Less Increase in payable salaries $7

Paid cash to employees $34

Insurance expenses $21

Less Decrease in prepaid insurance $5

Paid cash for insurance $16

Income tax expenses $65

Less Increase in income tax payable $11

Paid cash for income tax $54

Interest expenses $13

Less Decrease in bond expenses $2

Paid cash for interest expense $11

Statement of Cash Flow

Cash collected from customers $337

Gain on sale of cash equivalents $3

less: Paid cash to suppliers $124

less: Paid cash to employees $34

less: Paid cash to insurance $16

less: Paid cash for interest $11

less: Paid cash for income tax $54

Net cash provided by operating activities $101

3 0

3 years ago