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3 years ago

Liabilities are amounts you _____. (1 point) owe consider assets avoid add to your assets

2 answers:

6 0

Liabilities are amounts you avoid add to your assets. By definition, Liabilities are when the state or the person is being legally held responsible that may cause problems. Ideally, one must avoid assets but we can’t have the best of both worlds so there will always be an expected liability in an asset.

Aleks04 [339]3 years ago

4 0

The Correct answer: OWE

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On December 31, Year 1, Taylor, Inc. signed a binding agreement with a bank for the refinancing of an existing note payable sche

Scrat [10]

Answer

The note must be reported on the balance sheet as of December 31 for the total outstanding value, since the refinancing does not change the value to be paid only affects the terms and interests, also the financing will only be made in January of year 2

5 0

2 years ago

Management of Wee Ones (WO), an operator of day-care facilities, wants the company's profit to be subdivided by center. The firm

m_a_m_a [10]

Answer:

The correct answer is $23,430.

Explanation:

According to the scenario, the given data are as follows:

Total actual revenue = $1,700,000

Irvine Center actual revenue = $561,000

Advertising cost = $71,000

So we can calculate the amount of advertising that would be allocated to the Irvine center by using following formula:

Advertising Cost allocated = (Irvine Center actual revenue × Advertising cost) ÷ Total actual revenue

By putting the value, we get

= ($561,000 × $71,000) ÷ ( $1,700,000)

= $23,430.

3 0

3 years ago

assume peru had an adult population of about 25 million, a labor-force participation rate of 60 percent and an unemployment rate

nikdorinn [45]

Answer: 15 million people were employed.

Explanation:

Hi, to answer this question we have to multiply the adult population (25,000,000) by the labor-force participation percentage in decimal form (divided by 100).

Mathematically speaking:

25,000,000 x (60/100) = 25,000,000 x 0.6 = 15,000,000 people

15 million people were employed.

Feel free to ask for more if needed or if you did not understand something.

6 0

2 years ago

XYZ Corporation manufactures orange safety suits for road workers. The following information relates to the corporation's purcha

Sholpan [36]

Answer:

$6.25 per yard

Explanation:

The computation of the standard price per yard of material for its safety suits is shown below:

Material quantity variance = Standard Price × (Actual quantity - Standard quantity)

-$5,000 = Standard price × (10,000 - 10,800)

Standard price = -$5,000 ÷ (-800)

= $6.25 per yard

Hence, the standard price per yard of material for its safety suits is $6.25 per yard

7 0

2 years ago

How do information systems improve relationships between businesses and customers?

Alisiya [41]

I think the answer is A

4 0

3 years ago

Read 2 more answers