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konstantin123 [22]
3 years ago
5

Merchandise inventory: A. Is a long-term asset. B. Is a current asset. C. Includes supplies. D. Is classified with investments o

n the balance sheet. E. Must be sold within one month.
Business
1 answer:
Keith_Richards [23]3 years ago
7 0

Answer:

<h2>Merchandise inventory <u>is a long-term asset.</u></h2>

<h2><u>hope </u><u>this</u><u> </u><u>answer </u><u>helps</u><u> you</u><u>.</u><u>.</u><u>.</u><u>.</u><u>!</u><u>!</u><u>!</u></h2>
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Suppose you have the following information on Sam's budget. Sam has a yearly budget of $2000 to spend on consuming concert ticke
AleksAgata [21]

Answer:

Bundles                           A           B           C           D

Concert Tickets              80         60         20          0

Books                              0          50        150        200

Explanation:

Since each concert ticket costs $25,

  • if Sam spends $2,000 on concert tickets, he will purchase 80 tickets
  • if he spends $1,500 on concert tickets, he will purchase 60 tickets
  • if he spends $500 on concert tickets, he will purchase 20 tickets

Since each concert ticket costs $10,

  • if Sam spends $2,000 on books, he will purchase 200 books
  • if he spends $1,500 on books, he will purchase 150 books
  • if he spends $500 on books, he will purchase 50 books

6 0
3 years ago
Depreciation is computed from the first of the month of acquisition to the first of the month of disposition. Land A and Buildin
frozen [14]

Answer:

He will not pay any depreciation during October.

Explanation:

Depreciation is charged only on building equipment and machinery. It is not accounted for land as land is an asset whose value does not depreciate over the years.

Depreciation for Building A would be zero  for the month of october as depreciation is computed from the first of the month of acquisition to the first of the month of disposition.

The depreciation expense will be computed on 1st of November.

7 0
4 years ago
True or False. For consumers, a credit card offers convenience.
evablogger [386]
True Because you just swipe the card and the pay your bills
6 0
3 years ago
What is the steps to make a pencil
Art [367]

Step One: The wood is softened and cut into slats called "pencil stock" or "pencil squares."

Step Two: A wax and stain are applied and the slats are passed under a cutting wheel.

Step Three: The grooves in the slat are filled with a special elastic glue for the lead.

6 0
3 years ago
The value-added is:
kondor19780726 [428]

Answer:

The correct answer is letter "C": sales minus costs of intermediate goods.

Explanation:

Value Added is used to describe the extra something a company does to a product that makes it worth more than the cost of its underlying parts. For economists, value-added is the <em>difference between the gross revenue for an industry</em> (sales) <em>and the sum of the labor, materials, and services </em>(intermediate goods) <em>purchased to produce the goods that generated the revenue.</em>

8 0
3 years ago
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