Answer:
D.technological assets such as patents, copyrights, and innovation technologies.
Explanation:
Tangible resources are regarded as a physical asset with a set of value that are been owned by organization, companies. Tangible resources could be equipment, machinery, buildings, cash and so on.
It should be noted that Tangible resources can be in form of technological assets such as patents, copyrights, and innovation technologies.
They are important in finance because their utilization could be for very long time in the business.
:
Answer:
a. contribution margin divided by sales
Explanation:
The contribution margin ratio is the relationship between contribution and sales. The contribution margin ratio is determined by dividing contribution with the sales amount.
I will give you examples but I cant write one for you, people have their own taste of poems Sole proprietorship.
General partnership.
Limited partnership.
Corporation.
"S" Corporation.
Limited liability company.
Answer:
Debit Delivery truck for $36,000
Debit Machinery acccumulated depreciatio for $11,000
Credit Machinery for $35,000
Credit Cash for $5,000
Credit Gains on disposal of Machinery for $7,000
Explanation:
The entries will be as follows in the book of Haley's Hamburger's
<u>Details Dr ($) Cr ($)</u>
Delivery truck 36,000
Accumulated dep. - Machinery 11,000
Machinery 35,000
Cash 5,000
Gains on disposal of Machinery 7,000
<em><u>To record an exchange of some long-term assets with Barry's Burgerlicious.</u></em>