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Xelga [282]
2 years ago
10

The assets that you currently own are known as which of the following? A. Credit B. Capital C. Capacity D. Collateral

Business
1 answer:
iren [92.7K]2 years ago
3 0
"B. Capital A capital asset is defined to include property of any kind held by an assessee, whether connected with their business or profession or not connected with their business or profession. It includes all kinds of property, movable or immovable, tangible or intangible, fixed or circulating."
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4 0
3 years ago
Read 2 more answers
Fiat borrowed $80,000 on October 1, 2019. Fiat will not make any payments until October 1, 2021, and at that time, Fiat will pay
natita [175]

Answer:

The answer is d. Interest payable of $2,500; interest expense of $2,000

Explanation:

Interest component over 2 years = $84,000- $80,000 = $4000

interest expense for a year = 4000/2 = $2000

Interest payable = 1.25 years   * 2000 = $2500

8 0
2 years ago
Explain the utility of statistics as a manegerial tool​
Veseljchak [2.6K]

Answer:

"Statistics is a board of method for maintaining knowledge. It is a simple and economical method to find the means and valuable data even for large numbers. In a managers life it is a very helpful tool to do analysis and making business growth values and make right forecast".

Explanation:

5 0
2 years ago
Shiffon Electronics manufactures music players. Its costing system uses two cost​ categories, direct materials and conversion co
lys-0071 [83]

Answer:

1,100 units; 1,050 units

Explanation:

Calculation to determine the equivalent units for direct materials and conversion​ costs, respectively, for​ March

DIRECT MATERIALS CONVERSION COSTS L

Completed and transferred out

1,000 units 1,000 units

(300 units+800 units - 100 units)

Add Work in process, ending

100 units 50 units

(50% Complete*100 units=50 units)

Total equivalent units

1,100 units 1,050 units

Therefore the equivalent units for direct materials and conversion​ costs, respectively, for​ March will be 1,100 units; 1,050 units

4 0
2 years ago
If Anderson works 37 hours each week as a clerk at the county​ courthouse, he is supplying labor in an
Romashka [77]

<u>Answers:</u>

1. If Anderson works 37 hours each week as a clerk at the county​ courthouse, he is supplying labor in an  input market. Anderson is considered as household.

2. If Mei Lin purchases a​ 3-week Mediterranean cruise vacation for her​ parents, the cruise ship company is supplying a service in the  output market.

3. The cruise ship company is considered  as firm.

4. If Caterpillar doubles employment at its​ Huntsville, Alabama​ factory, Caterpillar is demanding labor in the input market.

5. Caterpillar is considered a  firm.

6. If the Greyson family sells their​ 250-acre ranch to​ Marriott, so Marriot can build a new resort and golf​ course, the Greyson family is supplying land in an input market.

7. The Greyson family is considered household.

<u>Explanation:</u>

Households provide the demand for the goods and services in the market. Households also provide inputs to the firms in the form of labor. The households earn wages through supply of labor to the labor market. Firm is any business organisation that sells goods or services to make profits. Firms take labor as input from the households. Firms supply goods and services for the households.

Input means taking things into firm while output means giving out a product or service to households.

6 0
3 years ago
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