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3 years ago

6

Which of the following is an example of a service business?

1 answer:

Sunny_sXe [5.5K]3 years ago

5 0

Answer:

Which of the following is an example of a service business?

Enterprise Rent-a-Car

Explanation:

Enterprise Rent-a-car is rendering a service which is to give away car to customer for a particular period or time in exchange for money so it is a service business

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Why does the use of several depressants at once often prove to be a lethal combination?

Leona [35]

<span>The nervous system uses Gamma-Amino Butyric acid (GABA) as a neurotransmitter in the central nervous system. The use of several depressants increases the transmission of GABA that may cause the nervous system to slow down. The reaction of the body to several depressants is also unpredictable which makes it more dangerous.</span>

8 0

3 years ago

At the beginning of the current year, trenton company inc.'s total assets were $248,000 and its total liabilities were $175,000.

anygoal [31]

The debt ratio is calculated by dividing the Total Liabilities by Total Assets. We are asked to calculate the debt ratio at the end of the year, hence we need to take year-end values for Total Liabilities and Total Assets.

We are given the Total Liabilities at the beginning of the year $175,000 and there is no change in the liabilities given, hence we can say that Total liabilities at the end of the year shall remain same = $175,000

We are given Total Assets at the end of the year are $260,000

Debt ratio = Total Liabilities / Total Assets = 175000/260000 = 0.673

Hence debt ratio at the end of the current year shall be <u>0.673</u>

8 0

3 years ago

Oscar Clemente is the manager of Forbes Division of Pitt, Inc., a manufacturer of biotech products. Forbes Division, which has $

inessss [21]

Answer:

Residual income is therefore $732,000.

Explanation:

This can be computed by following the following steps:

Step 1: Calculation of ending net book value

<u>Particulars $'000 </u>

Beginning investment 6,900

add: Additional investment 8,100

Less: Depreciation - Other <u> (2,850) </u>

Ending net book value <u> 12,150 </u>

Step 2: Calculation of Minimum required return

Minimum required return = Ending net book value * Required return rate = $12,150,000 * 12% = $1,458,000

Step 3: Calculation of profit (loss) on disposal

First year depreciation on investment = (Investment cost - Salvage value) / Useful life = ($6,600,000 - $660,000) / 3 = $1,980,000

Profit (loss) on disposal = Salvage value - Investment cost - First year depreciation on investment = $660,000 - $6,600,000 - $1,980,000 = $3,960,000 loss

Step 4: Calculation of residual income

<u>Particulars $'000 </u>

Given operating profit of the division 6,150

Less: Loss on disposal <u> (3,960) </u>

Revised operating income 2,190

less: Minimum required return <u> (1,458) </u>

Residual income <u> 732 </u>

Residual income is therefore $732,000.

7 0

3 years ago

Zack has collected the following information for preparing his 2019 taxes: Gross income $74,000, tax credits $2,500, itemized de

Alexus [3.1K]

Answer:

Zack's adjusted gross income

His adjusted gross income is equal to his gross income minus eligible deductions.

Adjusted gross income (AGI) = gross income - deductions for AGI

= $74,000 - $5,000

= $69,000

Zack's taxable income

His taxable income is equal to his AGI minus itemized deductions minus tax prepayments minus tax credits.

Taxable Income = $69,000 - $2,500 - $8,400

= $58,100

3 0

2 years ago

Merchandise 7x is the secret ingredient used to make which product?

ddd [48]

Merchandise 7X, the "secret ingredient" or "secret formula" in Coca-Cola. The ingredient has remained a secret since its invention in 1886 by John Pemberton.

4 0

3 years ago