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3 years ago

Transactions involving the purchase and sale of fixed assets would be considered _______ activities.

1 answer:

4 0

Transactions involving the purchase and sale of fixed assets would be considered INVESTING activities.
Investing activities refers to those activities carried out by the company which involve sales or purchases of fixed assets such as building and equipment.

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Under what economic system do all businesses operate only as directed by the government?

Sergeu [11.5K]

hello there your answer would be communism

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3 years ago

Ferris Corporation makes a powdered rug shampoo in two sequential departments, Compounding and Drying. Materials are added at th

masha68 [24]

Answer:

Materials = 44,000

Conversion = 40,800

Explanation:

Step 1 Determine the Number of Closing Work In Process Units

Closing Work In Process Units = Opening Work In Process Units + Units started in process - Units transferred out

= 6,000 + 38,000 - 36,000

= 8,000

Step 2 Determine the equivalent units for March 2019

Materials :

Note : Materials are added at the be-ginning of the process, therefore Units Transferred Out and Closing Work In Process are 100% complete in terms of materials

Closing Work In Process Units - 100% = 8,000

Units transferred out - 100% = 36,000

Total equivalent units = 44,000

Conversion :

Note : Ending work-in-process was 60% processed, therefore 60% completed in terms of conversion costs

Closing Work In Process Units - 60% = 4,800

Units transferred out - 100% = 36,000

Total equivalent units = 40,800

7 0

3 years ago

A Rhode Island company produces communion wafers for churches around the country and the world. The little company produces a lo

Furkat [3]

Answer:

80,640 wafers

Explanation:

Calculation to determine How many wafers does the cooling tube hold on average when in production

Using this formula

I = R x T

Where,

R = 112 wafers per second x 60

R = 6720 wafers per minute

T = 12 minutes

Let compute for I using the formula aboi

I = 6720 x 12

I = 80,640 wafers

Therefore How many wafers does the cooling tube hold on average when in production are 80,640 wafers

6 0

3 years ago

For the doctrine of promissory estoppel to apply, which of the following is NOT a required element? A. the promisor should hav

erik [133]

Answer:

C) there was an offer, acceptance, and consideration

Explanation:

The doctrine of promissory estoppel requires that the following 5 elements must exist:

The parties must anticipate that some type of legal relationship will exist between them.
One party must have made a promise to another party.
One party must rely on the promise made by the other party.
The party that relied on the promise made by the other party must suffer a detriment if the promise is not fulfilled.
Unconscionability , in other words, there is nothing that forbids the party from performing the promise.

3 0

3 years ago

____________ is the ability of a company to pay its debts as they mature. Liquidity Solvency Financial flexibility Insolvency

pshichka [43]

Answer:

Solvency

Explanation:

Solvency is defined as the ability of a company to meet it's long term financial obligations like having the ability to pay off debts as they mature. Solvency measures if a company is able to pay off it's debt in long term.

Although solvency and liquidity are similar, difference is liquidity is more concerned with paying off short term debts.

A company or firm is said to be solvent when the current assets exceeds current liabilities.

4 0

3 years ago

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