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Zanzabum
2 years ago
11

What factors warrant special attention in appraising a firm’s inventory, equipment and accounts receivable?

Business
1 answer:
melisa1 [442]2 years ago
4 0

Answer:

First, factors warrant special attention in appraising a company's <em>inventory </em>is that it is unnecessary for you to accept the value that is already set by the seller. It is a major point to have a deal, a negotiation about the value of it.

Secondly, about the firm's equipment, it should be evaluate based on its value, current condition with any damage or depreciation, the age of using as well as whether it is leased or purchased asset.

Last, about account receivable, it is essential when appraising to look in the longer period of time, breaking the balance sheet of the account into 30, 60 or 90+ days. It can be concluded that the longer the accounts are outstanding, the less valuable that its assets are.

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Equipment with a book value of $80,000 and an original cost of $164,000 was sold at a loss of $34,000. Paid $103,000 cash for a
jonny [76]

Answer:

Cash flows from investing activities is $653,200.

Explanation:

XYZ Company

Statement of cash flows (extract)

Proceed from sale of equipment ($80,000 - $34,000)               $46,000

Purchase of vehicle                                                                       $103,000

Proceed from sale of land                                                            $410,000

Proceed from sale of long-term investments in stock                 $94,200

Cash flows from investing activities                                        $653,200

8 0
2 years ago
Select the true statement or statements regarding the loanable funds market. Foreign entities cannot save in the United States.
Shalnov [3]

<u>Solution: </u>

The following are the correct and incorrect options

<u>Correct option</u>: Households used to save and those savings are utilized for investment through the intermediaries like bank. Firms and governments take those funds for their investment acts.

<u>Correct option</u>: Foreigner can invest in the US (suppose foreign direct investment) but can’t save here, since there is difference in currency (suppose a foreigner earns in pond can’t save in US dollar).

<u>Other options are not correct: </u>

<u>Incorrect option</u>: Savings means personal savings, which are not yet kept into a bank.

<u>Incorrect option</u>: such purchases are investments but not savings.

3 0
3 years ago
Sandy, the manager of the accounting department of the business where she works, is going on vacation for two weeks. During a st
Butoxors [25]

Answer:

c.She has distributed power in the organization by delegation.

Explanation:

Delegation is the act of transferring responsibilities by a person with authority to another person. It is the action of a person with authority assigning another person their duties temporarily. Delegation in an organization is only one way, from a senior officer to their junior. It can happen at any level in the management hierarchy.  

Delegating duties will involve the transfer of limited powers. In the case of Sandy, she has delegated her duties to other staff members. She has given them powers to respond to questions on her behalf. Even though Sandy will not be performing her duties, she is still responsible for what happens while she is away.

The delegating authority must ensure they delegate only to people with the ability to perform the assigned tasks. They must also supervise the work they have handed over.  

6 0
3 years ago
To validate the study, the supervisors call ________ of the respondents to inquire whether the field workers actually conducted
pentagon [3]

Answer:

10 to 25 percent

Explanation:

It is noteworthy that in such research work, in other to validate the study, the supervisors are usually required to call 10 to 25 percent of the respondents to inquire whether the field workers actually conducted interviews.

Remember, if such control policies are not in place, the field workers may not be performimg their duties, that is why the supervisors make such calls to monitor the field workers performance.

7 0
3 years ago
Which of these is NOT part of a consumer profile?
Vilka [71]

Answer

Polygraphics

Explanation

Consumer profile is a way in which consumer are categorized according to groups regarding the market and the advertising purposes. By this you create a good picture of your customers which helps you to make good decisions according to the services you are offering. Customer profiling normally includes:

Demographic profiling which is the data concerning the population, age gender and the income of people within a certain population.,

Psycho-graphics profiling this is where the behavior and beliefs of a certain population is captured.

Buying patterns this is normally the consumers behavior in the market its is about the quantity, duration e.t.c.

8 0
3 years ago
Read 2 more answers
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