1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alexxx [7]
2 years ago
9

In most situations, asset values do not equal the amount of money that could be realized if the assets were sold.

Business
1 answer:
charle [14.2K]2 years ago
4 0

Answer:

True

Explanation:

The answer to this question is true. The recording of assets is usually done at cost. This is equivalent to the value that was exchanged when the asset was sold. In a country like the United States for example, if an asset such as a land or machine gets to appreciate in value after a period of time, it is not usually revalued. Therefore the answer to this question is true.

You might be interested in
A soft drink bottler incurred the following factory utility cost: $3,711 for 1,250 cases bottled and $3,790 for 1,800 cases bott
Brilliant_brown [7]

Answer:

$0.1436

Explanation:

Given that,

$3,711 for 1,250 cases bottled

$3,790 for 1,800 cases bottled

Factory utility cost is a mixed cost containing both fixed and variable components.

Variable cost per unit:

= Difference in costs ÷ Difference in units

= ($3,790 - $3,711) ÷ (1,800 - 1,250)

= $79 ÷ 550

= $0.1436

Therefore, the variable factory utility cost per case bottled is closest to $0.1436.

7 0
3 years ago
Refer to the supply and demand data for a certain elective surgical procedure. Without health insurance, the equilibrium price a
fenix001 [56]

Answer:

$3,000 and 7,000

Explanation:

Please find attached the table used in answering this question

Equilibrium price is the price at which quantity demand equal quantity supplied.

Equilibrium quantity is the quantity that equates  quantity demand with quantity supplied.

Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded. As a result of the surplus, price would fall until equilibrium is reached.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied. As a result of the shortage, price would rise until equilibrium is reached

5 0
3 years ago
Type the correct answer in the box. Spell all words correctly. Modern Internet services help businesses provide timely customer
Ainat [17]

Answer:SMS/Messages

Explanation:

Inservices allows users to send an recive text messages.

3 0
2 years ago
Which of these is an important factor in the paid search auction system?
Rama09 [41]

Answer:

DHow relevant your ads are

Thank you and please rate me as brainliest as it will help me to level up

5 0
2 years ago
The distinction between a current asset and other assets: A. is based on the ability to determine the current fair value of the
Scorpion4ik [409]

Answer: is based on when the asset is expected to be converted to cash, or used to benefit the entity.

Explanation:

Also known as a Short-Term asset, a current asset is an item of value that a company can either use or sale within a period to gain cash to clear current liabilities. Current assets can easily be converted to cash by sales or use.

3 0
3 years ago
Other questions:
  • A fábrica Pettinati Brinquedos e Lazer Associados foi obrigada a reduzir seu pessoal em função da perda de um importante cliente
    11·2 answers
  • Assume there is an increase in Government spending of $10 and the aggregate MPC is 0.8. Of the $8 of income that is received in
    10·1 answer
  • When walmart gathers information about what target is doing so as to be more​ proactive, walmart is engaged in​ ________?
    15·1 answer
  • Kyle, a single taxpayer, worked as a free-lance software engineer for the first three months of 2017. During that time, he earne
    12·1 answer
  • The following data were extracted from the income statement of Keever Inc.: Current Year Previous Year Sales $18,500,000 $20,000
    15·1 answer
  • Forever Quilting is a small company that makes quilting kits priced at $120 each. There is no quantity discount. The costs of th
    14·1 answer
  • Steve is employed in a bank as an assistant manager. He attends a phone conference. During the call, he’s distracted by two cowo
    7·1 answer
  • The fares received by taxi drivers working for the City Taxi line are normally distributed with a mean of $12.50 and a standard
    6·1 answer
  • Explain two ways that artists can make money from their music. (4 marks)
    12·2 answers
  • Penny has been using the same brand of shampoo since her mother first bought it for her. She switches to another brand after her
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!