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JulsSmile [24]
3 years ago
15

Which of the following is a condition necessary to exclude an obligation from current liabilities? Entry field with incorrect an

swer Subsequently refinance the obligation on a long-term basis. Intend to refinance the obligation on a long-term basis. Demonstrate the ability to complete the refinancing. Obligation that has a distant due date exceeding company's operating cycle.
Business
1 answer:
lutik1710 [3]3 years ago
7 0

Answer:

The answer is: Obligation that has a distant due date exceeding company's operating cycle.  

Explanation:

A current liability is a financial obligation due within one year (or one normal operation cycle).

So a financial obligation that has a due date that exceeds a company´s operating cycle should have been directly classified as a long term liability (or a non current liability) in the first place. It simply is not a current liability that is changed into a long term liability, it always was a long term liability.

The other options represent the steps necessary for turning a current liability into a long term liability.

  1. Intend to refinance the obligation on a long-term basis.
  2. Demonstrate the ability to complete the refinancing.
  3. Subsequently refinance the obligation on a long-term basis.

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At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following informatio
baherus [9]

Answer:

                               Job 765        Job 766

Direct material         $5,670          $8,900

Direct labor              $3,500          $4,775

Overhead                 $5,400          $8,800

                                (27*200)        (44*200)

Total Job cost          $14,570        $22,475

b) Cost per unit  = Total job cost/unit produced

Job 765 = $14,570/152 units

Job 765 = 95.86

Job 766 = $22,475/250 units

Job 766 = 89.90

8 0
3 years ago
What is dismissal in business?​
Oliga [24]

Answer:

A dismissal is when you end an employer's contract, with or without notice. Dismissal from work also occurs when an employee's fixed-term contract expires and you choose not to renew it. When should I dismiss someone?

8 0
3 years ago
The _____ stage of the response process refers to a receiver's feelings for a particular brand and includes stronger levels of d
kari74 [83]

Answer:

Affective Stage

Explanation:

Affective stage is the most important stage for the market that helps in understanding the customer feeling that how much customer has been attached for a particular brand and from this the market always check that the customer requirement with some strong levels i.e. price, quantity, and quality, etc. for a particular product from which the customer has been attached since long.

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3 years ago
Fusaro Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year.
andrew-mc [135]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Fusaro Corporation uses a predetermined overhead rate base on machine-hours.

Estimated total fixed manufacturing overhead= $684,000

Estimated activity level= 40,000 machine-hours

Actual activity level 37,700 machine-hours

First, we need to calculate the predetermined overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 684,000/40,000= $17.1 per machine hour

Now, we can allocate the manufacturing overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 17.1* 37,700= $644,670

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2 years ago
Suppose investor 1 and investor 2 each has $100 wealth to invest in the two risky assets and the risk-free asset, and suppose th
Lilit [14]

Answer:

Explanation: hey, do your best i think you can do good

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