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3 years ago

Current assets are those assets that can be converted into cash within:

Business

1 answer:

alukav5142 [94]3 years ago

4 0

Answer:

B. One year or the operating cycle, whichever is longer.

Explanation:

Current Assets are assets that can be converted into cash within a year or an operating cycle whichever is longer.

Current Assets are presented first on a balance sheet and arranged in order of liquidity.

Examples of current assets are cash ,

cash equivalents , short-term investments, accounts receivable and stock inventory.

I hope my answer helps you

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Department G had 3,600 units, 40% completed at the beginning of the period, 12,000 units were completed during the period, 2,000

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Answer:

Equivalent Units Materials 10400

Equivalent Units Conversion 10960

Cost Per Equivalent Unit Materials $9.8365 

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Cost Per Equivalent Unit FOH $ 2.2992

Explanation:

Particulars Units % of Completion Equivalent Units

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Complete 12000 100 100 12000 12000

Add EWIP 2000 100 20 2000 400

Less BWIP 3600 100 40 3600 1440

Equivalent Units 10400 10960 

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(10,400 at $9.8365)

102,300 79,800 25,200

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Cost Per Equivalent Unit $9.8365 7.2810 2.2992

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3 years ago

How are dividing fractions used in real life?

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