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3 years ago

9

If a company incurs legal obligations associated with the retirement of a tangible long-lived asset as a result of acquiring the

asset:_________

1 answer:

Svetach [21]3 years ago

5 0

Answer:

The company recognizes the obligation at fair value when the asset is acquired

Explanation:

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The purpose of a financial intermediary is to help channel funds

Triss [41]

Answer:

a. from one banks to another

Explanation:

3 0

3 years ago

Campbell Co. has net sales revenue of $1,320,000, cost of goods sold of $760,700, and all other expenses of $297,000. The beginn

olasank [31]

Answer:

3.46

Explanation:

Calculation for Campbell Co. fixed asset turnover ratio

First step is to find the Average net fixed assets

Using this formula

Average Fixed assets= Fixed assets Beginning balance +Fixed assets ending balance /2

Let plug in the formula

Average Fixed assets= $368,000 + $396,000/ 2

Average Fixed assets=$764,000/2

Average Fixed assets=$382,000

Second step is to calculate for the Fixed asset turnover

Using this formula

Fixed asset turnover = Net revenue ÷ Average net fixed assets

Let plug in the formula

Fixed asset turnover= $1,320,000 ÷ $382,000

Fixed asset turnover= 3.46

Therefore Campbell Co. fixed asset turnover ratio will be 3.46

7 0

3 years ago

The laissez faire model is inspired by the work of which economic philosopher?

Vitek1552 [10]

Laissez faire model was inspired by John Stuart Mill's book "Principles of Political Economy" (1848). This model states that the government should not be heavily involved in the market, and should have a hands off approach.

I hope this helped! :)

3 0

2 years ago

What factor is NOT included in determining the total cost of a loan?

atroni [7]

Out of those four it would have to be D) down payment

8 0

3 years ago

In business markets, individuals or groups purchase products for one of three purposes. These purposes areA) resale, wholesale,

Elanso [62]

Answer:

D). Resale, Direct Use in Producing Other Products and Use in General Daily Operations

Explanation:

Business Groups represent a group of people who purchase goods and services for resell, new products and daily operations purposes.

Resale Purpose- This include wholesalers and retailers, they purchase these goods and services do not modify them but sell them in order to make profits. These are called Reseller markets

Use in Producing other Products- This include category of Producer markets. They include manufacturing and construction compaines, they buy goods and services for use in producing sellable products to consumers for profit making.

Direct use in General Daily Operations- Those who purchase goods and services for direct use are divided into two categories and they are not for profit making purposes.

Government Markets- They buy goods and services through bidding processes and they include state, local and federal governments
Institutional Markets- They include religious organisations among other NGOs who purchase goods an services to ensure community benefits.

Read more on Brainly.com - brainly.com/question/14212640#readmore

5 0

3 years ago