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Debora [2.8K]
3 years ago
13

Radio:What is an example of a long-term liability?

Business
2 answers:
Alex Ar [27]3 years ago
7 0
In accounting, the long-term liabilities<span> are shown on the right wing of the balance-sheet representing the sources of funds, which are generally bounded in form of capital assets. Examples of </span>long-term liabilities<span> are debentures, mortgage loans and other bank loans.


Welcome :)</span>
Lyrx [107]3 years ago
7 0

Long-term liabilities are those that do not need to be paid in full for a longer period of time (more than one year). This may include a mortgage, education expenses, or car loans that are paid off over several (or more) years. Mortgage is the answer

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Tamara is 52 years old and her divorce became final on September 20, 2014 and has not been modified. The divorce decree stipulat
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Answer:

Please see attachment

Explanation:

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8 0
3 years ago
On January​ 2, 2019, Kaiman Corporation acquired equipment for​ $700,000. The estimated life of the equipment is 5 years or​ 80,
disa [49]

Answer:

$272,000

Explanation:

Accumulated depreciation is the sum of depreciation expense.

Depreciation is a method of expensing the cost of an asset.

Depreciation expense using the straight line depreciation method = (Cost of asset - Salvage value) / useful life

($700,000 - $20,000) / 5 = $136,000

The straight line depreciation method Deprecation allocates the same deprecation expense each year of the useful life of an asset.

The depreciation expense in 2019 and 2020 would be $136,000 x 2 = $272,000

I hope my answer helps you

8 0
3 years ago
Suppose that Freddie's Fries has annual sales of $520,000; cost of goods sold of $395,000; average inventories of $11,000; avera
Nadusha1986 [10]

Answer:

8.78

Explanation:

The computation of the cash cycle is given below;

We know that

Cash cycle = Inventory conversion period + Receivables conversion period - Payables conversion period.

Here

1. Inventory conversion period = Avg. Inventory ÷ (COGS ÷365)

= (11,000) ÷ (395000 ÷ 365)

= 10.16

2. Receivables conversion period = Avg. Accounts Receivable ÷ (Credit Sales × 365)

= (27000/520000) × 365

= 18.95

3. Payables conversion period = Avg. Accounts Payable ÷ (Purchases  × 365)

= (22000 ÷ 395000) × 365

= 20.33

Now the cash cycle is

= 10.16 + 18.95 - 20.33

= 8.78

8 0
2 years ago
The average person changes career how many times in a lifetime?
IgorLugansk [536]

Answer:

<h2>Statistics Suggest You Will Change Careers More Frequently</h2><h3>The average person will change careers 5-7 times during their working life according to career change statistics. With an ever increasing number of career choices, 30% of the workforce will now change careers or jobs every 12 months.</h3>
7 0
3 years ago
Read 2 more answers
End item A requires three component parts: B, C, and D. The BOM indicates that for each completed A, 1 unit of B, 2 units of C,
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Answer:

30 in total

Explanation:

In order to calculate how many items A we can produce we need to check how many units required we have, in this case, we have:

40 B's

50 C's

15  D's

We require 2 units of C, 1 Unit of B, and 1 unit of C.

As you can see in our inventory we only have 15 units of D's, meaning that that is our maximum number of items A produced this week, since we already have 15 A items, we can deliver 30 A products this week.

3 0
3 years ago
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