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DIA [1.3K]
3 years ago
12

Which of the following is not true in regard to selling fixed assets?

Business
1 answer:
hichkok12 [17]3 years ago
5 0
Your answer is C. Accumulated Depreciation will be credited. :D
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Which of the following is not a characteristic of advances in order pick technology
professor190 [17]

Answer:

I don't see an attachment

Explanation:

You should make another question with the picture

6 0
3 years ago
Seattle Inc. identifies an investment opportunity, which will yield cash flows of $30,000 per year in Years 1 through 4, $35,000
vladimir2022 [97]

Answer:

the payback period = 4.86 years

Explanation:

Seattle's cash flows are as following:

Year                Cash flow                         Accumulated cash flows

0                     -$150,000                                -$150,000

1                         $30,000                                -$120,000

2                        $30,000                                 -$90,000

3                        $30,000                                 -$60,000

4                        $30,000                                 -$30,000

5                        $35,000                                    $5,000

6                        $35,000                                  $40,000

etc.

The payback period is between year 4 and 5:

  • 4 years + ($30,000 / $35,000) = 4.86 years or
  • year 4 + [($30,000 / $35,000) x 365 days] = 4 years and 313 days
6 0
2 years ago
Which of the following nouns is properly capitalized?
ehidna [41]
A. Congress
When referring to the Senate and the House of Representatives, it should be capitalized. 
3 0
2 years ago
Read 2 more answers
Under current accounting practice, intangible assets are classified as specifically identifiable or goodwill-type. limited-life
MArishka [77]

Correct Question: Under current accounting practice, intangible assets are classified as

a. amortizable or unamortizable.

b. limited-life or indefinite-life.

c. specifically identifiable or goodwill-type.

d. legally restricted or goodwill-type.

Answer:

B, limited-life or indefinite-life

Explanation:

By defiinition, Intangible assests are assests that cannot be physically felt. it can also be said to be assets that are non physical in nature. This kind of assets include goodwill, image rights,brand recognition, copyrights, etc.

All of the above examples of assets are deemed intangible because they have no exact expiry or end date. It can either last for a long time or a short time. Assets like reputation are classified as intangible because it cant be felt and it doesnt have an exact end date. It is therefore a kind of asset that has limited-life or indefinite-life.

Cheers.

4 0
3 years ago
According to the article by Hutchinson, Farris and Anders (2007), cash-to-cash analysis is difficult because financial data and
Margarita [4]

Answer:

False

Explanation:

"Cash-to-cash Analysis and Management" by<em> Hutchinson, Farris and Anders</em> talks about the availability of the<em> financial data</em> and <em>computer technology</em> in assisting a business when it comes to determining its <u>cash-to-cash position </u><em><u>(C2C)</u></em><em>,</em> as well as the <em>benchmarks</em> needed for comparison.

Cash-to-cash analysis was difficult in the past, however, it is easier nowadays. The supply chain is even examined at a broader view than before. C2C efficiency is possible by utilizing the<em> readily available</em> financial date and computer technology. So, this makes the statement above as "false."

So, this explains the answer.

6 0
3 years ago
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