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AysviL [449]
3 years ago
5

Granger has a boat worth $4,000 and a car worth about $8,000. He also has roughly $500 worth of tools. What is the value of asse

ts?
Business
1 answer:
natita [175]3 years ago
8 0

Answer:

$12,500

Explanation:

Assets are classified under current and fixed categories. Among items that Granger owns, a boat is an asset; specifically a fixed asset since it can be utilized over a year. Same reason for a car, which is also a fixed asset. Tools help in operating a business hence considered fixed assets as they can be utilized for more than a year. The total value of assets is (4000+8000+500)

Total value = $12,500

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Answer:

inventory

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Every item that is produced or purchased by the business in order to resell it and earn profit through it as a normal purpose of business, is considered as inventory.

In the given instance, Shroden manufactures consumer goods, like cookies, batteries, etc:

And since he targets to sell them and earn profit, all these manufactured products is the inventory of his business.

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4 years ago
Business management​
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<u>Answer:</u>

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7 0
3 years ago
Which principle of design is used to make one element of a design stand out?
Olegator [25]
B is the correct answer.
5 0
3 years ago
Read 2 more answers
The goals of labor unions differ from those of management because employers want more profits and labor wants: Multiple choice q
AnnZ [28]

The goals of labor are such that they want better pay and working conditions.

<h3>The ultimate goal of workers/labor</h3>

A business is in operation to make a profit, likewise, labor or workers work to the end of being paid for the services rendered.

In addition to good pay, labor also requires good perks like health cover, safe and secure work conditions, and the environment.

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8 0
2 years ago
Six equal annual contributions are made to a fund, with the first deposit on December 31, 2019. Required: Using the future value
Tasya [4]

Answer:

The answer is $3,888.22

Explanation:

This is an annuity due because the cash flow is being done on the first day of each period.

Annuity is a fixed sum of money paid to or receceived from someone or business every year.

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Annuity (equal contributions) will be $3,888.22

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3 years ago
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