Having a negative net worth means the amount of liabilities is larger than assets.
<h3>What is net worth?</h3>
Net worth is the amount by which assets exceed liabilities. In other words, net worth shows the difference between what is owned by one and what one owe.
If the assets exceed liabilities, then it is a positive net worth. Also, if the liabilities are greater than the assets, it is a negative net worth. Net worth would be the amount of cash you would have if you were to sell all of your personal belongings and pay off all the debt
Therefore, having a negative net worth means the amount of one's liabilities is larger than the value of the assets.
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Answer: B) Only materials costs are relevant
Explanation:
When choosing between alternatives, the main decider is the difference in costs. The costs that are different are the ones to decide whether a company takes on a project as it will signal the financial viability of a project.
In both alternatives, the Processing costs remain at $37,000 therefore the alternative chosen is irrelevant to these costs as they will be incurred regardless of the company's choice. They are therefore not to be considered.
Material costs on the other hand vary by the alternatives and so should be considered.
in accordance with 14 cfr part 107, you may operate an suas from a moving vehicle when no property is carried for compensation or hire over a <u>sparsely populated area</u>.
<h3>What is a suas?</h3>
It means the Small Unmanned Aircraft System in aviation.
The aircraft is associated with elements such as including communication links and the components that control the small unmanned aircraft that are required for the safe and efficient operation of the small unmanned aircraft in the national airspace system.
The legislation provides that one can operate an suas from a moving vehicle when no property is carried for compensation or hire over a <u>sparsely populated area</u>.
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It’s the value of the next best alternative when a decision is made, so not the first desired choice, but the second one
Answer:
c. Unique costing. Job order costing.
Explanation:
Doing work on the specific requirement of customer is classified in unique costing and job order costing. Because all specifications , time period and requirements of the job is different from each other. All the other options are related to a similar business operations which require same costing method to be accounted for.
