Most criminals will also face tort civil cases after they are convicted of their crimes.

Inventories held for sale in the normal course of business are classified in the balance sheet as?

Iteru [2.4K]

Inventories held for sale in the normal course of business are classified in the balance sheet as Current liabilities.

<h3>What is meant by current liability?</h3>

This is the term that is used to refer to all of the financial obligations that the customer would have to have due to themselves in the long run. These are the liabilities that are known to be dropped in the current assets and would then be settled in the course of a year.

Hence we can say that Inventories held for sale in the normal course of business are classified in the balance sheet as Current liabilities.

Read more on Current liabilities here: brainly.com/question/28039459

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4 0

2 years ago

Who wants me to follow them and give them points

andrew11 [14]

Answer:

me if thats alright !!:) thanks

6 0

3 years ago

Gail Corporation is comparing two different capital structures: an all-equity plan (Plan I) and a levered plan (Plan II). Under

denis23 [38]

Answer:

a. Under Plan I

No debt.

EPS = Earnings / Number of shares

= 650,000 / 160,000

= $4.06 per share

b. Under Plan II

Debt of $1.4 million.

Interest = 7% * 1.4 million

= $98,000

EPS = (650,000 - 98,000) / 110,000 shares

= $5.02 per share

c. Breakeven point.

What amount of Earnings will equate the two plans.

Assume earnings is e.

e / 160,000 = (e - 98,000) / 110,000

e * 110,000 = 160,000 * (e - 98,000)

110,000e = 160,000e - ‭15,680,000,000‬

160,000e - 110,000e = ‭15,680,000,000‬

e = ‭15,680,000,000‬/50,000

e = $‭313,600‬

5 0

3 years ago

My name marsh, ninja

Nataly_w [17]

Answer: NINJA IG you pick one lol

Explanation:

6 0

3 years ago

The CEO of Kwikee Shoppe, a chain of convenience stores, believes that some of his managers aren't making decisions as effective

Bess [88]

Answer:

Consult with other regional managers for their opinion before closing stores.

Explanation:

Team work is key for the progress of any organization. Every member of an organization must have the ability to work as a team and seek professional advice from other colleagues.

Stella has not been doing this because of her overconfidence and the overestimation of her ability. For Stella to be able to overcome these biases and stop making wrong decisions, she should seek professional advice from her co-managers. Her colleagues can give her suggestions on how to promote a store that is not doing well rather than closing it permanently.

4 0

4 years ago