Tangible assets are first recorded at costs to acquire them for use.
- Tangible assets are fixed assets which is referred to as the physical assets which a company/Buisness owns to carry out its daily activities in order to create profit .
- They include<em> investments, cash, inventory, vehicles, office equipment, buildings,machines, </em>etc
Tangible assets are very important to businesses as they
- Help in business operations to provide goods and services
- Serve as collateral for loans
- In case of emergency, they can generate cash
Tangible assets are first recorded in the balance sheet as costs to acquire them for use.
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Hi the correct answer would be C hope this helps you!
Good luck!
A.profitability ?
I never took business but in accounting we calculate Return on capital employed and it's a measure of profitability.
Answer:
The correct answer would be $2,852.
Explanation:
The equation here to understand is:
Ending net working capital = Opening net working capital - Cash flow to Stockholders + operating cash flow - net capital spending - cash flow to creditors.
$8,930 = $7,083 - $16,497 + $40,016 - $18,820 - X.
X = 2,852.
For calculating ending working capital we need to keep in mind that all cash inflows are added in opening working capital and all cash outflows are subtracted.
Answer:
my place of work is a business