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3 years ago

The balance sheet category "Intangible Assets" includes:

Business

1 answer:

AnnyKZ [126]3 years ago

8 0

Answer:

b. patents, trademarks, and franchises.

Explanation:

Intangible assets are assets that aren't physical, they cannot be seen.

Examples of intangible assets are goodwill, patents, trademarks, and franchises.

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Acme incorporated has a debt ratio of .42, noncurrent liabilities of $20,000 and total assets of $70,000. what is acme's level o

katovenus [111]

Hello!
The formula is
Debt radio=(current liabilities+noncurrent liabilities)÷total assets

0.42=( x+20000)÷70000
Solve for x
0.42×70000=x+20000
X=0.42×70000-20000
X=9400....current liabilities which is the answer.

Good luck!

3 0

4 years ago

calculate the following future value given the assumptions below: Assume an individual invests $250/mo for 30 years at an expect

xz_007 [3.2K]

According to the Question, We are given,

An individual invests $250/m for 30 years at an expected rate of return of 8 percent.

To Calculate the Future Value,

<h3><u>SOLUTION</u></h3>

Here, the deposits will be same every month, so it is an annuity. We will use the following future value of annuity formula:

FVA = P × ((1 + r)ⁿ - 1 / r)

where, FVA is future value of annuity,

P is the periodical amount = $250,

r is the rate of interest = 8% pa,

so monthly rate = 8% / 12 = 0.67%

and n is the time period = 30 × 12 = 360 months

Now, putting these values in the above formula, we get,

FVA = $250 × ((1 + 0.6667%)360 - 1 / 0.6667%)

FVA = $250 × ((1 + 0.006667)360 - 1 / 0.006667)

FVA = $250 × ((1.006667)360 - 1 / 0.006667)

FVA = $250 × ((10.9357296578 - 1 / 0.006667)

FVA = $250 × (9.9357296578 / 0.006667)

FVA = $250 × 1490.28493442

FVA = $372571.23

So, future value is $372571.23

To know more about Future Value, check the given links.

brainly.com/question/24703884

brainly.com/question/5025949

#SPJ4

3 0

2 years ago

Q 8.31: The financial statements of Baker Company report net sales of $500,000 and accounts receivable of $10,000 and $15,000 at

Alex777 [14]

Answer:

The average collection period for accounts receivable in 9. 1 or 9 days

Explanation:

The average collection period for accounts receivable in days is computed as using the formula:

Average collection period for accounts receivable = 365 / Accounts Receivable Turnover Ratio

Computing Accounts Receivable Turnover Ratio as:

Accounts Receivable Turnover Ratio = Net Sales / Average Net Accounts Receivable

where

Net sales is $500,000

Average Net Accounts Receivable is as:

Average Net Accounts Receivable = Beginning Accounts Receivable + Ending Accounts Receivable / 2

= $10,000 + $15,000 / 2

= $25,000 / 2

= $12,500

Putting the values above:

= 500,000/12,500

Accounts Receivable Turnover Ratio = 40

Now, putting the values above in the formula of Average collection period of Accounts Receivable:

= 365 / 40

Average collection period of Accounts Receivable = 9.1 days or 9 days

3 0

4 years ago

Sari, a movie theater manager, recently implemented a policy stating that workers who are willing to work a double shift on Frid

Evgen [1.6K]

Answer:

Sliding

Explanation:

Sliding is a term connected with a Sliding Scale which is a process of adjusting the amount that you pay according to different conditions. That's exactly what Sari is doing.

4 0

3 years ago

Read 2 more answers

What is the relative atomic mass of a hypothetical element that consists of the following isotopes in the indicated natural abun

atroni [7]

Answer:

96.1amu

Explanation:

Given isotopes : 94.9amu with 12.4%, 95.9 amu with 73.6% and 97.9 amu with 14% natural abundances.

Taking the average weight of the isotopes as follows

(94.9x0.124) + (95.9 x 0.736) + (97.9x0.14) = 96.1amu

3 0

3 years ago