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3 years ago

What is an example of a long term liability?

Business

2 answers:

sergij07 [2.7K]3 years ago

6 0

Prporety it is the long-term

bixtya [17]3 years ago

4 0

Answer: A mortgage.

Explanation: A liability is something you're reliable for. You're supposed to pay back a mortgage, although this could take many years. Therefore, a long term liability is a mortgage.

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The seller has placed moving boxes in the closet that contains the access panel to the attic. during the buyer's home inspection

Sholpan [36]

Nothing. The inspector won't be able to investigate the attic during the inspection. The inspector is not required to move objects to access blocked areas. This is the responsibility of the seller prior to the inspection taking place

<h3>What does inspection serve to accomplish?</h3>

Inspection denotes a thorough analysis. Meeting consumer needs and preventing the distribution of substandard items are inspections' main goals. Unquestionably, some product flaws cannot be detected or corrected at the final stages of manufacture.
An inspection entails checking, or examining and evaluating, a subject. To make sure that it complies with certain requirements, we could inspect a structure or organization. The inspectors must guarantee that nothing is broken and that no one is in violation of the law.
Pre-production, in-line, and final quality inspections are the three main categories. To identify and address quality issues, a number of details must be examined and approved during each phase.

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1 year ago

when the federal government's expenditures for a year are greater than its revenue for that year, the difference is known as wha

Lera25 [3.4K]

Answer:

A budget deficit

Explanation:

A budget deficit arises when the governments spend more than it has collected. The government 's main source of revenue is taxes and levies it imposes on businesses and individuals. Its expenses include salaries for public employees, social welfare, and expenditures on public goods and infrastructure development projects.

A budget deficit contrasts a budget surplus, which occurs when a government intends to spend less than it has collected. Budget deficits result in government borrowing from either the domestic or foreign markets. A balanced budget is when the collected revenues match the planned expenditures.

8 0

2 years ago

If the contribution margin is not sufficient to cover fixed expenses:.

Elan Coil [88]

If there is an insufficient contribution margin to cover fixed expenses, there will always be an occurrence of a net loss.

<h3>What is a Contribution Margin?</h3>

The contribution margin can be expressed in gross income terms. After subtracting the variable element of the firm's expenditures, it indicates the extra money gained for each product sold.

The contribution margin is calculated by subtracting the selling price/unit from the variable cost/unit.

This metric displays how much a certain product adds to the company's total earnings. It displays the share of revenue that helps to pay the firm's fixed costs and gives one approach to illustrate the profit potential of a certain product supplied by a company.

Therefore, If there is an insufficient contribution margin to cover fixed expenses, there will always be an occurrence of a net loss.

Learn more about contribution margin here:

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2 years ago

An airport needs a modern material handling system for facilitating access to and from a busy maintenance hangar. A second-hand

Arlecino [84]

Answer:

The second hand machine should be chosen given that the NPV value is lower than that of the new system

Explanation:

cost of second hand system = $75,000

cost of new system = $150,000

New system can decrease labor hours by 20%

number of useful life ( for both systems ) = 5 years

market value of second hand system after 5 years = $20,000

market value of new system after 5 years = $50,000

Second hand system can operate for 8 hours/day for 20 days = 8*20 = 160 hours per month = 1920 hours per year

labor cost = $40 per hour

MARR = 1% per month

<u> Determine the system that should be recommended</u>

we have to calculate the NPV for both options

for Option 1 ( second hand system )

labor cost = 40 * 1920 = $76800

cost of purchase = $75,000

MARR = 12% p.a.

residual value = $20000

First step : calculate the PV of maintenance cost = $76800× PVAF(12%, 5 years) = $276864

Next : calculate the PV of residual value =$20000× PVF(12%, 5th year)

= $11340

NPV = (75000 + 276864 - 11340 ) = $340,524

for Option 2 ( New Machine )

Labor cost = ( 1920 × 0.8 )hours ×40 = $61440

cost of machine = $150000

Pv of labor cost = 61440×3.605 = $221491.20

Residual value = $50,000

Hence ; PV of residual value = 50000 × 0.567 = $28350

Finally calculate the NPV = (150000+221491.20-28350) = $343,141.20

7 0

3 years ago

money that is provided by the defendant to ensure his or her appearance in court is reffered to as----------------.

faust18 [17]

Answer:

Bail

Explanation:

Bail is just a measure of cash that is saved with the court to guarantee that you appear for all court procedures. You can post your bail in real money with the court, and you will at that point be discharged from authority.

In the event that the litigant needs more money to post the whole bail, the court will acknowledge a bail security.

The reason for bail is to guarantee that a respondent returns for future court appearances.

8 0

3 years ago