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3 years ago

Assets that you purchase for the purpose of accumulating wealth to satisfy your financial goals are called

Business

1 answer:

Phantasy [73]3 years ago

3 0

Answer:

Investment assets.

Explanation:

Investment assets are assets that you purchase for the purpose of accumulating wealth to satisfy your financial goals. Investment assets are assets acquired by an individual or corporation for the main purpose of leaving it for i.e.over a long period of time for it for appreciate in value. This process of accumulation of wealth satisfies the investor financial goals hence, the name Investment assets.

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At the beginning of the period, the Assembly Department budgeted direct labor of $110,000, direct materials of $170,000, and fix

Scorpion4ik [409]

Answer:

Total cost= $385,000

Explanation:

Giving the following information:

Assembly Department budgeted direct labor of $110,000, direct materials of $170,000, and fixed factory overhead of $28,000 for 8,000 hours of production.

First, we need to calculate the unitary hourly rate for the department:

Total cost= 110,000 + 170,000 + 28,000= 308,000

Hourly cost= 308,000/8,000= $38.5

Now, for 10,000 hours:

Total cost= 38.5*10,000= $385,000

6 0

3 years ago

Emily, age 58, has been a participant in the Icon, Inc. ESOP for fifteen years. She plans to retire at 65. At the end of this ye

Andrej [43]

Answer:

How much must Icon allow Emily to diversify this year?

The answer is $250,000

Explanation:

After attaining the age of 55 years and participating already for ten years in the ESOP.
Emily will be allowed to diversify the value equal to 25% of investments.
50% of the investment is allowed to be diversified if it is final year of participation but in the present case it is not the final year before the retirement of the Emily so she will not be allowed 50% diversification and only up to 25% is allowed on which the percentage of investment already diversified in previous years will also be reduced.
Since here in the past no amount has been diversified by Emily so she will be allowed 25 % of investment to diversify in the current year which comes to $250,000 ($1,000,000* 25%). Thus the answer is $250,000.

7 0

2 years ago

A cash payment of $130 on account was recorded as a $310 debit to accounts payable and a $310 credit to cash. the necessary corr

dexar [7]

(310-130=180)

debit cash $180; credit Accounts Payable, $180

Hope this helped :) !

8 0

3 years ago

Read 2 more answers

ART has come out with a new and improved product. As a result, the firm projects an ROE of 25%, and it will maintain a plowback

Marianna [84]

Answer:

b. $11.43

Explanation:

g = 25% * 0.20

g = 0.05

g = 5%

D1 = 3 * (1 - 0.2)

D1 = 3 * 0.8

D1 = $2.40

Price = D1 / Expected RR - g

Price = 2.40 / 0.12 - 0.05

Price = 2.40 / 0.07

Price = 34.28571428571429

Price = 34.30

P/E Ratio = Price / Earning per share

P/E Ratio = $34.30/$3

P/E Ratio = 11.43333333333333

P/E Ratio = $11.43

7 0

2 years ago

"While standing on a bank you wish to spear a fish in front of you. Would you aim above, below, or directly at the observed fish

arlik [135]

To spear the fish you would need to aim below the observed fish to

make a direct hit -Therefore, in order to strike the fish you should aim below where the fish appears to be. -Answer is( 2) Below; directly

With a laser, you would aim directly at the fish -Answer is (1) none of the above

Explanation:

"In both cases, of course, the light coming from the fish is refracted

away from the normal as it travels through the water surface to your

eyes. As a result, the fish appears closer to the surface than it

really is.

(a) If you are using a bow and arrow to spear the fish you

should realize that the arrow will not deviate as it enters the water;

it will continue along the original straight line path from the bow.

Therefore, in order to strike the fish you should aim below where the

fish appears to be. -Answer is( 2) Below; directly

(b) When you use a laser gun to zap the fish then you should realize

that the beam will be refracted as it enters the water. In fact, the

laser beam will travel along exactly the same path as the light from

the fish (although in the opposite direction!). Therefore, in order to

hit the fish you should aim you laser gun directly where the fish

appears to be."-Answer is (1) none of the above

7 0

3 years ago