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stich3 [128]
3 years ago
13

When a classified balance sheet is prepared, merchandise inventory is:

Business
1 answer:
adell [148]3 years ago
8 0

Answer:

The correct answer is (C) Reported as a current asset.

Explanation:

The current asset, also called a current or liquid asset, is the asset of a company that can become liquid (become money) in less than twelve months. For example, bank money, stocks, and financial investments.

We can also understand the current asset as all those resources that are necessary to carry out the day-to-day activities of the company. It is known as current because it is a type of asset that is in continuous movement, can be sold, used, converted into liquid money or delivered as payment without too much difficulty.

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The XYZ Corporation has a distinct division of labor, consistent rules, and a clear hierarchy. Managers maintain distance betwee
Mamont248 [21]

Answer:

A bureaucracy

Explanation:

Bureaucracy is an organisational structure that is aimed at maintaining uniformity and control in an organisation.

This is achieved through established processes and ways of interaction between staff.

Bureaucracy is characterised by multiple layers and complex processes that makes actions and decisions slow.

This is exemplified in the given scenario where XYZ Corporation has a distinct division of labor, consistent rules, and a clear hierarchy. Managers maintain distance between themselves and subordinates, and promotions are awarded based on technical expertise.

3 0
3 years ago
George works at the Springfield Nuclear Plant as a nuclear technician. The plant is located 15 miles from the town of Springfiel
torisob [31]

Answer:

$0

Explanation:

Given that

Estimated value of the meals = $1,300

Preparing cost of lunch = $560

Cost of the meals to the power company = $470

The income that is recognized from the meals should be zero as he took the lunch from the office premises only which is to be excluded while computing the gross income

Plus, he also likes to eat his lunch at the plant cafeteria due to nuclear emergencies

4 0
4 years ago
What is local business​
Helen [10]
A local business is a busses that sells its products and services to consumers in its own city or town.
7 0
2 years ago
Read 2 more answers
Hallowell Inc. has free cash flow of $2.5 million and 1.25 million shares outstanding. If you believe the price to cash flow rat
Vaselesa [24]

The highest price for the stock is  $22.00.

<u>Explanation</u>:

 <u>Given</u>:

  • Hallowell Inc has a free cash flow of $2.5 million and 1.25 million shares.
  • The cash flow ratio for the company is 11.

<u>Solution</u>:

For one stock the cash flow ratio is 11.

Then the highest price we should pay is $22.00.

So we should pay $22.00 for one stock.

Therefore the highest price we should pay for the stock is $22.00          

5 0
3 years ago
Use the Growth Rates of Sequences Theorem to find the limit of the following sequence or state that they diverge. {eq}{n^{16}/(\
Elan Coil [88]

Answer:

The sequence diverges ( B )

Explanation:

\frac{n^{16} }{(In n)^{32} }

Applying the Growth rates of sequences theorem to find the limit of the given sequence above

\lim_{n \to \infty} \frac{n^{16} }{(In n)^{32} }  = ∞   this means that

The sequence is divergent because the rate at which n increase is very much higher than the rate at which (In n) increases

5 0
4 years ago
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