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chubhunter [2.5K]
3 years ago
14

Meaning of fixed assets​

Business
1 answer:
Rasek [7]3 years ago
7 0

Answer:

property, plant, and equipment

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The inclusion of leases on the balance sheet as an asset and liability has lowered firm’s debt-to-equity ratio.True / False.
postnew [5]

Answer: False.

Explanation: Including leases on the balance sheet as an asset and liability has not lowered a firm's debt-to-equity ration.

Hope this helps!  :)

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3 years ago
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Jason Thompson purchase an office building 10 years ago for $780,000. The building was just appraisal $1.25 million. What value
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Answer:

No adjustment in records can be made until the asset is sold.

Explanation:

This is an example of cost concept. Assets are generally recorded at cost and remain on the accounting records at cost until they are disposed of. Future economic condition may change this appraised value, and therefore no adjustment in records can be made until the asset is sold.

8 0
3 years ago
Ryan is a human resource manager at Remfur Inc. The top management of the firm instructs him to recruit employees for the newly
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Answer: Option B

Explanation: In the given case, Remfur inc. specifically wanted their HR Ryan to recruit such employees for the new division that may bought new ideas and perspectives in the company, thus, external source of recruitment should be used by Ryan instead of internal sources like transfer or promotion etc.

Hence, Option B, posting advertisement in the newspaper is the right answer, as the new employees from outside the entity will bring new ideas since the current employees will be used to working in the existing operational structure.

3 0
4 years ago
Tawney Company is considering investing in a new piece of equipment that costs $700,000 and has a $200,000 residual value. The n
timama [110]

Answer:

average amount invested in the asset =  $450,000

Explanation:

given data

equipment costs = $700,000

residual value = $200,000

cost savings = $60,000

to find out

average amount invested in the asset

solution

we get here Average amount invested  that is express as

average amount invested in the asset = ( Amount invested + Residual value) ÷  2     ........................1

put here value we get

average amount invested in the asset = \frac{$700000+$200000}{2}

average amount invested in the asset =  $450,000

7 0
4 years ago
Which individual is responsible for ordering, preparing, and reviewing closing-related documents, such as the title policy and s
Ilia_Sergeevich [38]

The closing agent is responsible for ordering, preparing, and reviewing closing-related documents.

<h3>Who is a Closing agent?</h3>

This is a professional who deals in real estate transactions and acts a middle man between the buyer and the seller.

He ensures the transfer of the legal title is appropriately done by preparing and reviewing closing-related documents, such as the title policy and settlement statement.

Read more about Closing agent here brainly.com/question/20787805

#SPJ1

8 0
2 years ago
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