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3 years ago

Distinguish between tangible and intangible outputs

Business

2 answers:

harina [27]3 years ago

4 0

answer:

tangible assets are typically physical assets or property owned by a company, such as equipment, buildings, and inventory.

intangible assets are non-physical assets that have a monetary value since they represent potential revenue.

intangible assets include patents, copyrights, and a company's brand.

explanation:

credits: online source

Jlenok [28]3 years ago

3 0

Tangible assets are typically physical assets or property owned by a company, such as equipment, buildings, and inventory. Intangible assets are non-physical assets that have a monetary value since they represent potential revenue. Intangible assets include patents, copyrights, and a company's brand.

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3 years ago

Indigo Construction Inc. agrees to construct a boat dock at the Smooth Sailing Marina for $43,700. In addition, under the terms

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Answer: The transaction price that Indigo should compute for this agreement = $54,260

Explanation:

First , we'll evaluate Variable consideration using expected value method.

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∴ Expected consideration = 60% of 12000 = $7,200 

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4 years ago

On Jan. 2, Callie Taylor invests $40,000 into the business in exchange for common stock. She journalize the transaction as follo

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Answer:

See explanation section.

Explanation:

The correct journal to record this transaction is -

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