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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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Adam kisses the sleeve of Eve’s blouse, an act to which she did not consent. Has Adam committed a tort and if so, which one? Exp
FromTheMoon [43]

Answer:

Yes, Adam committed a tort.

Explanation:

In the situation, when Adam kisses the sleeve of Eve's blouse but without her consent, he committed  a tort. A tort can be defined as a civil wrong which harm other. Here, Adam's act of kissing the sleeve was an invasion of Eve's privacy. It also caused her emotional distress. Therefore Adam has a legal liability in this case as it is tort.

8 0
2 years ago
True or false? you have to be careful because other people will try to steal your idea.
Elanso [62]
True rather be safe then sorry
7 0
3 years ago
What was Rutherford's contribution to our knowledge of atoms
ANTONII [103]
He proposed the theory of the structure of atoms
(1)The nucleus at the centre of the atom has the positive charge.Most of the mass of the atom is concentrated in the nucleus.
(2)The negatively charged electrons revolve around the nucleus in specific orbits
(3)In comparison with the size of the atom , the nucleus is very very small.

7 0
3 years ago
In 2020, HD had reported a deferred tax asset of $130 million with no valuation allowance. At December 31, 2021, the account bal
Ray Of Light [21]

Answer:

The income tax expense for 2021 income statement is $101 million as computed in the explanation section below.

Explanation:

The income tax expense in the year 2021 is the income taxes payable while adding the reduction in deferred tax asset or deducting the increase in deferred tax asset plus the portion of the current deferred tax asset not realizable using the applicable tax rate as found below:

Income tax payable                                                          $90 million

deduct;increase in deferred tax asset($170-$130)         ($40 million)

Add;unrealized deferred tax asset($170*30%)                $51 million

Income tax expense for 2021 income statement            $101 million

6 0
2 years ago
a power company decides to use wind turbines to provide electricity instead of coal. which basic economic question does this dec
Rufina [12.5K]

How will goods or services be produced? is the basic basic economic question does this decision answer in a free market economy.

<h3>What is a Market economy?</h3>

In a market economy, firms and individuals interact to determine how much goods and services should cost and how to best allocate scarce resources. This word often refers to an economy that is more market oriented overall, however there may be some government intervention or central planning.

Classical economists like Adam Smith, David Ricardo, and Jean-Baptiste Say created the theoretical framework for market economies. These traditional liberal proponents of the free market thought that the "invisible hand" of the profit motive and market incentives typically led economic decisions in directions that were more productive and efficient than government economic planning.

Learn more about market economy

brainly.com/question/11471834

#SPJ4

6 0
1 year ago
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