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4 years ago

Red Onion Restaurant would classify a six-month prepaid insurance policy as:(A) Property, plant, and equipment.

Business

1 answer:

Marysya12 [62]4 years ago

8 0

Answer: Current asset

Explanation: In simple words, current asset refers to those assets of the organisation which are expected to be used and converted into cash within a period of one year.

These assets are usually purchased or prepared by the organisation to efficiently conduct their operating activities. Such assets are generally consumed within the process in which they are expected to be used.

Inventory, cash and accounts receivable ear some of the many examples of current assets. In the given case, the prepaid policy will also be consumed within a year.

Hence we can conclude that the policy is a current asset.

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Casper Energy Exploration reports that the corporation’s assets are valued at $185,000,000, its liabilities are $80,000,000, and

Dafna1 [17]

Answer:

$17.5

Explanation:

Book value per share

= (Assets - Liabilities) / Number of shares outstanding

= ($185,000,000 - $80,000,000) / 6,000,000

= $17.5

7 0

3 years ago

Crane is a book publisher that reissues old titles. The company offers these books with either a standard machine-glued hard cov

Brut [27]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Standard Edition - Deluxe Edition

Units produced= 404,000 - 13,000

Direct labor hours= 444,400 - 35,100

Printing press hours= 68,380 - 2,210

Sales orders= 12,120 - 14,300

<u>Direct labor hours per unit= total direct labor hours/ total units</u>

Standard= 444,400/404,000= 1.1 hours per unit

Deluxe= 35,100/13,000= 2.7 hours per unit

Printing press hours per unit:

Standard= 68,380/404,000= 0.1693 hours per unit

Deluxe= 2,210/13,000= 0.17 hours per unit

Sales orders per unit:

Standard= 12,120/404,000= 0.03 hours per unit

Deluxe= 14,300/13,000= 1.1 hours per unit

3 0

3 years ago

If your credit card limit is $800 and your outstanding balance is $725, what is the largest amount you can charge on that card i

BlackZzzverrR [31]

Answer:

The correct answer is letter "C": $75.

Explanation:

The outstanding balance in a credit card represents the amount of money the account holder used out of the credit limit of the card. It also represents the debt the cardholder has with the financial institution that issued the card. The full credit limit will be available once the outstanding balance is paid off.

Thus, if the credit limit of a card is $800 and its outstanding balance is $725, the account holder can use $75 ($800-$725 = $75) for the upcoming month.

3 0

4 years ago

What is a cost of filing bankruptcy?

nikitadnepr [17]

Answer:

It appears on a consumer's credit report for up to 10 years

Explanation:

Bankruptcy is a legal means of declaring that a person or business cannot repay its debts.

The cost of filing for bankruptcy is that it damages credit and appears on a consumer's credit report for up to 10 years after it has been filed.

5 0

3 years ago

A politician, surrounded by a crowd of people, comes under gunfire. The would-be assassin is using a fully automatic firearm. A

cricket20 [7]

Answer:

<u>Morally wrong</u>

Explanation:

From a utilitarian perspective the action of the body guard would be tagged as morally wrong, because it is of the view of the utilitarian that an action should be for the greater good of people irrespective of whether that action is a bad action.

Thus, since the target was the politician, he would have allowed the assassin take the life of the one man - the politician so as to avoid fifteen people been killed, and four wounded.

8 0

3 years ago