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2 years ago

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.

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As flat screen tvs enter the maturity stage, what could happen to profits for individual firms?

Maslowich

The profits will peak and decline.
during this stage of the product development, the product is already widely accepted by the market.
Eventually, the newer and better product will start to appear and the previous one will started to lose popularity and decline in profits.

8 0

3 years ago

The following information is available for the year ended December 31: Beginning raw materials inventory$12,000 Raw materials pu

posledela

Answer:

Direct material used= $88,600

Explanation:

Giving the following information:

Beginning raw materials inventory$12,000

Raw materials purchase 88,000

Ending raw materials inventory 11,400

<u>To calculate the direct material used in production, we need to use the following formula:</u>

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 12,000 + 88,000 - 11,400

Direct material used= $88,600

3 0

3 years ago

{The following information applies to the questions displayed be/ow. Fighting Irish Incorporated pays its employees $3,220 every

matrenka [14]

Answer: $690

Explanation:

The 2018 year- end adjusted balance of Salaries Payable will be calculated as:

= January 1, 2018 balance + Adjustment on December 31, 2018

= $0 + $690

= $690

Note: Salaries accrued at December 31, 2018 will be:

= (Number of days from December 29 - 31) × Salary per day

= 3 × $230

= $690

Therefore, the balance on salaries payable is $690

6 0

2 years ago

Suppose you deposit $2,200 cash into your checking account. By how much will the total money supply increase as a result when t

zhannawk [14.2K]

Answer:

The money supply increases by $3300.

Explanation:

Money multiplier = 1/reserve ratio

= 1/0.4

= 2.5

the change in the money supply = deposit *multiplier -deposit

= $2,200*2.5 - $2,200

= $3300

Therefore, The money supply increases by $3300.

6 0

3 years ago

In project time management, which of the following processes involve calculating the number of work periods that are needed to c

11Alexandr11 [23.1K]

Answer:

The correct answer is C

Explanation:

The estimate activity duration is a procedure in project management which include the analyzing of the different activities and then estimates or approximate how long it takes for accomplishing or completing the specific task with the estimated resources.

So, the estimate activity duration is the one which comprise for computing the work periods needed for completing the activities.

4 0

3 years ago