All categories

3 years ago

The process of asset transformation refers to the conversion of:_______

Business

1 answer:

kondaur [170]3 years ago

6 0

Answer: c. Risky assets into safer assets

Explanation:

The process of asset transformation refers to the conversion of risky assets into safer assets. Asset transformationa is simply a form of transformation in which financial institutions like banks use deposits in the generation of revenue through the pooling deposits in order to make loans. It has to do with transforming bank liabilities into bank assets.

You might be interested in

For optimal benefits, you should perform activities from _____ parts of the physical activity pyramid each week.

olganol [36]

<span>For optimal benefits, you should perform activities from all parts of the physical activity pyramid each week.
</span>Moderate physical activity is the first step in the Physical Activity Pyramid, and vigorous aerobics is the second step in the Physical Activity Pyramid. the third step is vigorous sport and recreation, Muscle Fitness Exercises represents fourth step and fifth step is Flexibility Exercises.

5 0

3 years ago

Do you think the psychologist/consultant is involved in any unethical or illegal behaviors? If you cannot decide, what additiona

emmasim [6.3K]

Answer:

ok look what i think is all people have something that they need to do but if it has to be under the table then yea but what video are you talking about

Explanation:

8 0

2 years ago

Fortune Company's direct materials budget shows the following cost of materials to be purchased for the coming three months: Jan

zysi [14]

Answer:

The expected balance of Accounts Payable on 31 January is $6020

Explanation:

The expected closing balance of Accounts payable will include the amount of payable for purchases made in January which are still outstanding at the end of the month. According to the policy of the company, 50% of a month's purchases will be paid in the following month. Thus, the ending balance of accounts payable will be 50% of January's purchases.

Closing balance of Accounts payable = 12040 * 0.5 = $6020

6 0

3 years ago

Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods The units of an item available for sale during the year w

Alborosie

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Jan. 1: Inventory 12 units at $5,400= $64,800

Aug. 7: Purchase 18 units at $6,000= $108,000

Dec. 11 Purchase 15 units at $6,480= $97,200

Available for sale 45 units $270,000

December 31: There are 14 units.

We need to determine the inventory cost using different cost methods.

A) FIFO (first-in, first-out)

Inventory= 14*6480= $90,720

B) LIFO (last-in, first-out)

Inventory= 12*5400 + 2*6000= $76,800

C) Weighted average cost method

Total inventory cost of the period= 64800 + 108000 + 97200= 270,000

Total units of the period= 45

Average cost= 207,000/45= $4600

Total inventory cot= 14*4600=$64400

5 0

3 years ago

A firm is deciding between two different sewing machines. Technology A has fixed costs of $500 and marginal costs of $50 whereas

Alexandra [31]

Answer:

A. 50 units

Explanation:

Break even point (units) = Fixed cost / (Selling price - Variable cost)

= $ 500 / ($ 60 - $ 50)

= $ 500/$10

= 50 units

The break-even point is derived by dividing the fixed costs of production by the price per unit - the variable costs of production. Break-even point is the level of production at which the costs of production equal the Income for the particular product

4 0

3 years ago