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3 years ago

Operating assets include cash, accounts receivable, and inventory but not any depreciable fixed assets.

1 answer:

8 0

That statement is false.

WHAT ARE "OPERATING ASSETS"?
Operating assets are assets acquired for use of the ongoing operations of a business.

OPERATING ASSETS INCLUDE:
Inventory, accounts receivable, & fixed assets.

WHY IS IT FALSE?
This statement would've been correct up until this point: "but not any depreciable fixed assets."

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Social security and medicare are examples of:____.

artcher [175]

Answer:

c. governmental interventions

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1 year ago

John kenneth galbraith said that in the past all societies had an economy of ______________; now the united states had what galb

djyliett [7]

John Kenneth Galbraith is an economist, most widely read economists and is considered to be the most well known economist. In the past, he had said that all societies had an economy of scarcity. In the present, the united states had acquired what Galbraith said, calling an economy of abundance.

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2 years ago

Inflation can impose significant costs and adversely distort economic systems. Indicate whether the costs and distorting effects

kaheart [24]

Answer:

1. Menu costs

- Can lead to stores listing prices in more stable currencies.

- Causes costs associated with changing prices in stores.

2. Shoe-leather-costs

- Discourages people from holding money.

- Spending time converting money into something that better holds value.

3. Unit-of-account costs

- Can reduce the quality of economic decisions.

- Makes money a less reliable source of measurement.

- Can cause distortion to the tax system.

- Causes difficulty in firms and individuals financial planning.

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3 years ago

When responding to behavioral interview questions, you should briefly explain the situation and describe the problem or task, yo

Anettt [7]

Answer:

The correct answer is the first option: True.

Explanation:

To begin with, behavioral interview question is the name that receives the type of questions done by an employer in an interview job with the focus on the interviewee's past and experience. Moreover, the principle purpose of this type of questions it to understand and comprehend how the person responsed in certain situations and how he handled those situations. Therefore that it is understandable that when a person is asked these type of questions then he must try to briefly explain what the situation was and how he managed to handle the problem and main task to resolve at the time.

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2 years ago

Selected transaction data of a business for September are summarized below. Determine the following amounts for September: (a) t

Nostrana [21]

Answer:

A. $61,000

B. $43,250

C. $17,750

Explanation:

(a) Calculation for Total revenue

Using this formula

Total revenue=Service sales charged to customers+Cash received from cash customers

Let plug in the formula

Total revenue= ($33,000 + $28,000)

Total revenue=$61,000

Therefore Total revenue will be $61,000

(b) Calculation for Total expenses

Using this formula

Total expenses=Expenses incurred paid +Expenses incurred but not paid +Expenses for supplies used and insurance

Let plug in the formula

Total expenses= ($36,250 + $5,000 + $2,000)

Total expenses=$43,250

Therefore Total expenses will be $43,250

Using this formula

Net income=Total revenue-Total expenses

Let plug in the formula

Net income=($61,000 - $43,250)

Net income=$17,750

Therefore Net income will be $17,750

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3 years ago