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Alexxx [7]
3 years ago
10

:How is a ‘provision for reserve’ in a balance sheet, a liability or an asset. Explain.

Business
1 answer:
Maslowich3 years ago
3 0

Explanation:

A provision is indeed an item freed up from either a company's revenue to cover potential future costs or a probable property price decrease. It shows up as spending on the financial statements and is documented as a current liabilities.

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A real estate broker agrees to manage a property for its owner, but only on the condition that when the owner decides to sell, h
kati45 [8]

Answer:

Sherman Antitrust Act of 1890

Explanation:

In this specific scenario, the real estate broker would be in violation of the Sherman Antitrust Act of 1890. This is a federal statute that prohibits activities that restrict interstate commerce and competition in the marketplace. Therefore, by telling the owner that he must list the property with his broker, the agent is preventing the other competitors from having a fair shot at obtaining the listing, making this a violation.

3 0
3 years ago
Gut Bombs sandwich shop pays 10 workers $2,500 a month and spends $5000 on food. Usually the shop sells 3,500 sandwiches per mon
MrRa [10]

Answer:

The average product for the 10 workers is 350 sandwiches per month.

Explanation:

Average product is given by total output divided by total labor used

Total output per month = 3500 sandwiches

Total labor used per month = 10 workers

Average product = 3500 ÷ 10 = 350

Average product for the 10 workers is 350 sandwiches/month

6 0
4 years ago
How can you change your name
marshall27 [118]
If you are talking about Brainly i don't think you can :) 
8 0
3 years ago
Read 2 more answers
The management of Lanzilotta Corporation is considering a project that would require an investment of $225,000 and would last fo
Sav [38]

Answer:

Payback =1.53 years

Explanation:

The  annual cash-flow figure that is to be used in this calculation should not include depreciation as depreciation is a non-cash item. Net operating income from the project is $115,000 and to get to annual cash-flows, depreciation should be added back.

Annual cash-flows for each of the 6 years would therefore be:

$115,000+$32,000=$147,000

The scrap value would be expected at the end of the project i.e end of year 6.

Year  Cash-flow   Balance

0    (225,000)         (225,000)

1    147,000              (78,000)

2    147,000               69,000  

By end of year 2, the company has already recovered the $225,000 initial investment as seen through the positive cumulative balance

Payback = Years With Negative Cumulative Cash-flow Balance + \frac{-LastNegativeBalance}{CashInflowfollowingYear}

=1+\frac{78,000}{147,000} =1.53years

5 0
3 years ago
The faster economic growth​ is, the A. farther the production possibilities curve shifts out. B. steeper the slope of the produc
AleksandrR [38]

Answer:

The correct answer is option A.

Explanation:

A production possibility curve shows the maximum possible combination of two goods that can be produced using all the available resources and state of technology.

An increase in economic growth causes the production possibility curve to shift to the right. The faster the economic growth the more the economy will be able to produce. So the farther the production possibilities curve will shift out.

6 0
3 years ago
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