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MArishka [77]
4 years ago
5

Which financial statement would best display a company's plant, property, and equipmnt used everyday

Business
1 answer:
yuradex [85]4 years ago
4 0

Answer:

Balance sheet

Explanation:

Balance sheet is referred to as the statement of assets and liabilities. Property plant and equipment are shown in balance sheet with a schedule of addition, deletion and depreciation is attached to it. Hence, the financial statement that would best display a company's plant, property and equipment used everyday is the Balance sheet.

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Domain extensions occur after the period
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If a firm is worried about distance, country risk, employee morale, intellectual property protection, legal issues, and obtainin
kvasek [131]

Options:

Offshore

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Keep in-house

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Answer: keep domestic

Explanation: The recruitment options embarked upon by firms may affect the policies or type of processes the firm's employ in overseeing their recruitment process. For firms who seems skeptical about issues relating to distance, legal issues, country risk, morale and other issues listed above, such firms will best be better placed to oversee a hiring process which is restricted to the local environment which the firm is well informed about and devoid of international and legal barriers, oversea culture and mentality which may hamper or affect the required hiring structure of the firm.

6 0
4 years ago
Vroom Vacuums sells the Tornado vacuum cleaner. Each Tornado has a one-year warranty that covers any product defects. When custo
Alik [6]

Answer:

1. The obligation to transfer the vacuum cleaner in lieu of the price.

2. To honour one year warranty for any product defect that is part of the purchase contract and an inherent obligation.

Explanation:

The contract for purchase of a vacuum cleaner has two performance obligations;

1. The obligation to transfer the vacuum cleaner in lieu of the price.

2. To honour one year warranty for any product defect that is part of the purchase contract and an inherent obligation.

it may be noted that the extended warranty is a separate performance obligation as it can be purchased at the same time of original purchase or later and separate consideration is payable for that and there is no direct co-relation of the extended warranty obligation with the initial purchase.

5 0
3 years ago
A wrapping paper company produced 20,000 rolls of paper one day. Standard price is $2 per roll. Labor cost was $240, material co
Vinvika [58]

Based on the various costs of producing the rolls of paper, the multifactor productivity is c. 58.394.

<h3>What is the Multifactor Productivity?</h3>

This can be found by the formula:
= Cost of standard production / (Labor + Material + Overhead costs)

Solving gives:

= (20,000 x 2 per roll) / ( 240 + 25 + 420)

= 58.894 rolls

In conclusion, option C is correct.

Find out more on multifactor productivity at brainly.com/question/17550779.

7 0
2 years ago
Norwood, Inc. purchased a crane at a cost of $80,000. The crane has an estimated residual value of $5,000 and an estimated life
natta225 [31]

Answer:

Depreciation for 2017 = $ 15000.

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Asset cost = 80000

residual value = 5000

estimated life = 8 years.

As we know that :

 Double declining depreciation = 2 * cost of assets * depreciation rate.

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Depreciation of 2016 = 2 * 80000 * 12.5% = 20000

Depreciation of 2017 = (80000-20000 = 60000*2*12.5% = 15000)

6 0
3 years ago
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