1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arada [10]
3 years ago
10

Classify each of the following financial statement items based upon the major balance sheet classifications.

Business
1 answer:
Naya [18.7K]3 years ago
7 0

Answer and Explanation:

The classification is as follows

a. Current assets

b. Property, Plant. and Equipment

c.  Intangible Assets

d.  Current Liabilities

e.  Current Liabilities

f. Stockholders' Equity

g. Current Assets

h.  Long-term Investments

i.  Intangible Assets

j. long term Liabilities

k.  Stockholders' Equity

l.  Property, Plant. and Equipment

m. Current Liabilities

n. Current Assets

You might be interested in
Rodrigo wanted to buy his wife a pearl necklace for her birthday. Murphy's Jewelry had a necklace he liked for $139, but he boug
White raven [17]

Answer:

a framing bias.

Explanation:

given data

necklace he liked = $139

pearl necklace originally = $173.75

sale for = 20% off

reduced the price = $139

solution

  • Rodrigo is subject to readymade bias. This bias refers to how people’s decisions affect situations, words, or settings. Although both stores have the same price, Pearl’s own stores create a relative factor
  • It showed a high base price and a 20% discount, which made Rodrigo feel like he was making a deal, so he was more inclined to buy the necklace and not at the Murphy jewelry store.
6 0
3 years ago
Barry owns a 50 percent interest in B&B Interests, a partnership. His brother, Benny, owns a 35 percent interest in that sam
omeli [17]

Answer:

$10,000 loss

Explanation:

Barry bought a property for $60,000. He sells it for $100,000 to a company he owns 50% of. 50% of $100,000 = $50,000. He bought it for $60,000 and sold it for $50,000... that's a $10,000 loss. But they did say they are keeping the property for resale so there still may be hope :D

5 0
3 years ago
Sandy paid 30 dollars for a blouse. Cleaning cost after each wear is about $0.50. Sandy thinks she can wear the blouse 50 times
andrezito [222]

Answer:

twice

Explanation:

3 0
2 years ago
The objective of financial reporting is to provide useful financial information to capital providers.
Amiraneli [1.4K]

i think it is B

Explanation:

6 0
3 years ago
If a regulatory commission imposes upon a nondiscriminating natural monopoly a price that is equal to marginal cost and below av
denpristay [2]

Answer:

The correct answer is letter "D": The firm must be subsidized or it will go bankrupt.

Explanation:

A subsidy is a benefit given to an individual, business or institution, typically by the government. Subsidies are given to promote a social good or economic policy. The government usually provides subsidies in the form of cash or tax breaks, low-rate loans, and certain types of rebates.

In the example, as the commission sets the price of the monopoly products below the average total cost, it will be translated in losses. Then, a subsidy will be necessary to be provided otherwise the company will file for bankruptcy.

3 0
3 years ago
Other questions:
  • CallahanCallahan Pools manufactures swimming pool equipment. CallahanCallahan estimates total manufacturing overhead costs next
    10·1 answer
  • “A” represents the new quantity supplied, while “B” represents the new quantity demanded. What is the result of these changes?
    14·2 answers
  • what is the government-regulated distribution of a good that is in low supply. A. Surplus B. Shortage C. Rationing D. Price floo
    8·2 answers
  • When a product’s components are made in the country that can produce them at a high level of productivity and assemble them in a
    13·1 answer
  • Hewitt and Patel are partners, sharing gains and losses equally. They decide to terminate their partnership. Prior to realizatio
    13·1 answer
  • A bond with a face value of $1,000 has 10 years until maturity, carries a coupon rate of 8.5%, and sells for $1,150. Interest is
    9·1 answer
  • TUMI brand briefcases are very expensive, high-end briefcases that are generally sold in specialty luggage shops. Which of the f
    10·1 answer
  • Carla Vista Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base rate of $1,480 per month. One of the
    6·1 answer
  • A homesteaded property is located in Jupiter, Florida, in Palm Beach County. The property has been assessed at $185,000. The cit
    6·1 answer
  • A worker who loses a job at a call center because the company moved the call center operations to another country is an example
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!