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Elden [556K]
3 years ago
14

Delgado Corp. purchased some common stock of Keller Enterprises. Delgado plans to hold this stock for a minimum of five years, a

lthough they could sell it sooner if they need to. How do you expect Delgado to classify the stock on their balance sheet?
Business
1 answer:
Brrunno [24]3 years ago
3 0

Answer:

Delgado will classify the stock on his balance sheet as a long term investment.

Explanation:

A long term investment is an asset owned by a company and which it hopes to keep for more then a year.

Long term investments are recorded on the asset side of balance sheets and they can be in form of land, bonds, stocks, machinery, and so on.

The opposite of long term investment is short term investment where an asset is kept for less than a year.

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Mccaskell corporation's relevant range of activity is 7,000 units to 11,000 units. when it produces and sells 9,000 units, its a
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Answer:

$79,600

Explanation:

Calculation for what the total amount of direct manufacturing cost incurred will be :

Direct material $50,400

(8,000 x $6.30)

Add Direct labor $29,200

(8,000 x $3.65)

Total Direct cost $79,600

Therefore the total amount of direct manufacturing cost incurred is closest to: $76,600

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2 years ago
How does real fingerprint analysis differ from the fingerprint analysis shown on television programs such as CSI?
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8 0
3 years ago
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Market segmentation involves aggregating prospective buyers into groups that have common needs and will
elixir [45]

Answer:

respond similarly to a marketing action.

Explanation:

Market segmentation is the strategy of marketing that involve dividing the consumer market on the basis of similar taste, interest, age, location, needs or any other factors which are common. It help the company to customize the product and reach maximum customer to gain market share.

There are four type of market segmentation:

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6 0
2 years ago
In 2019, Jamie earns $7,000 in net investment income and incurs $12,000 of investment interest expense. What is the maximum amou
Katen [24]

Answer:

nothing to be carried forward to next year $7,000 deductible this year;

Explanation:

Investment income is a return on the investment. Interest Expense is the amount of interest paid on the investment amount taken as a loan. The maximum amount to be adjusted as an expense against investment income is the amount of Investment income. Expenses no more than investment income will be adjusted. Nothing to be carried forward to next year.

8 0
3 years ago
Based on the following cost data, what conclusions can you make about the costs of Product A and Product B?
Basile [38]

Answer:

The answer is D

Explanation:

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Whereas for product B;

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6 0
3 years ago
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