All categories

3 years ago

Which of the following is true?

Business

2 answers:

Viefleur [7K]3 years ago

5 0

B is the correct answer and I’m not just saying that

Leona [35]3 years ago

4 0

Answer:

B) Capitalized costs increase long-lived assets.

Explanation:

Capitalized costs refers to cost associated with the purchase of a fixed asset. Capitalized costs increase the cost basis of the fixed assets since they are added to the purchase cost. E.g. a company buys a new machine, besides the cost of the machine itself, the cost basis must include delivery charges, installation charges, etc.

You might be interested in

What is opportunity cost?

Sliva [168]

The answer would be B

8 0

2 years ago

ClipClop Company sells horseshoes to customers at a discount of 4% if the customer orders more than 10,000 horseshoes in a year.

STALIN [3.7K]

Answer:

$7,680

Explanation:

The computation of the sales revenue in April month is shown below:

= Sales revenue - discount

where,

Sales revenue = Number of horseshoes × price per shoe

= 4,000 horseshoes × $2

= $8,000

And, the discount equal to

= Sales revenue × discount percentage

= 8,000 horseshoes × 2%

= 3$20

Now put these values to the above formula

So, the value would be equal to

= $8,000 - $320

= $7,680

7 0

3 years ago

The Economy Tomorrow Suppose a country’s GDP is $10 billion and the population is 2 million this year.

Sphinxa [80]

GDP per capita for this year is $5000

GDP per capita for next year is $4760

GDP per capita for next year is $5100

<h3>What is the GDP per capita?</h3>

GDP per capita is the gross domestic product of a country divided by the total population of that country.

GDP per capita = GDP / population

GDP per capita for this year = $10 billion / 2 million = $5000

GDP per capita for next year = $10 billion / ( 2 x 1.05) = $4760

GDP per capita for next year = (10 billion x 1.03) / ( 2 x 1.01) = $5100

To learn more about GDP, please check: brainly.com/question/15225458

#SPJ1

8 0

2 years ago

The following account titles were drawn from the general ledger of Holt Food Supplies, Incorporated (HFSI): Computers, Operating

otez555 [7]

Answer:

For the provided accounts we have

Assets = Liabilities + Stockholder's equity

Stockholder's Equity = Stock + retained earnings

Here, for the list the items and their respective headings are:

Main solution:

Computers = Asset

Operating expenses = Retained earnings = Stockholder's Equity

Rent Revenue = Retained Earnings = Stockholder's Equity

Building = Asset

Cash = Asset

Notes Payable = Liability

Land = Asset

Utilities Payable = Liability

Utilities Expense = Retained Earning = Stockholder's Equity

Trucks = Assets

Gasoline Expense = Retained Earnings = Stockholder's Equity

Retained Earnings = Stockholder's Equity

Supplies = Asset

Accounts Payable = Liability

Office Furniture = Asset

Salaries Expense = Retained Earnings = Stockholder's Equity

Common Stock = Stockholder's Equity

Service Revenue = Retained Earnings = Stockholder's Equity

Interest Expense = Retained Earnings = Stockholder's Equity

Dividends = Retained Earnings = Stockholder's Equity

Supplies Expense = Retained Earnings = Stockholder's Equity

Note: All the expense items are deducted from retained earnings and thus deducted from stockholder's equity.

And all the incomes are added to retained earnings and thus, added to stockholder's equity.

3 0

2 years ago

Read 2 more answers

As the manager of High Speed Records, you have signed a new artist to the label. There are three different outcomes for investin

STatiana [176]

Answer:

0.2 or 20%

Explanation:

The three possible outcomes, with respective probabilities and returns, as follows

Outcome 1: Probability (P) = 0.35, Return (R) = 0.20

Outcome 2: Probability = 0.25, Return = 0.36

Outcome 3: Probability = 0.40, Return = 0.10.

The expected return will be computed as follows.

Expected Return = $(P_{1} *R_{1}) + (P_{2} *R_{2}) + (P_{3} *R_{3})$

= (0.35*0.20) + (0.25*0.36) + (0.40*0.10)

= 0.07 + 0.09 + 0.04

= 0.2

Therefore expected return = 0.2 or 20%

4 0

3 years ago