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3 years ago

State the purpose of assets

Business

1 answer:

oksano4ka [1.4K]3 years ago

3 0

Answer:

Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations. An asset can be thought of as something that, in the future, can generate cash flow, reduce expenses or improve sales, regardless of whether it's manufacturing equipment or a patent.

Explanation:

Hope this helps!

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When president obama was elected, the u.s. economy was in trouble, and has slid into a recession. consumer spending was low and

scoundrel [369]

Answer: Keynesian Economic Theory

Explanation: The policy adopted by the President was to cut back taxes and increase government spending on road, bridges and schools. This policy of the government is called the expansionary fiscal policy which is used to combat an economy suffering from recession. The Keynesian theory also supports the argument that when an economy is suffering from recession, economic output is influenced by aggregate demand. Thus, the government and use its fiscal policy tools to bring the economy out of recession. It also supports that the Fed can also use its monetary policy to bring the economy out of recession. But since here taxes and government spending are uses, we can say that Obama was a proponent of Keynesian Economic theory.

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2 years ago

Suppose you deposit $2,500 at the end of year 1, nothing at the end of year 2, $750 at the end of year 3, and $1,300 at the end

pantera1 [17]

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Explanation:

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3 years ago

The _________ is the most commonly used type of lineup in police departments. these types of lineup are advantageous in that the

svetoff [14.1K]

The <u>NOT Photo parallel lineup</u> is the most commonly used type of lineup in police departments. these types of lineup are advantageous in that they <u>allow the witness to see the foils in person</u>.

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3 years ago

An economist would say food stamps, Medicaid, and rent vouchers are ---41---

Minchanka [31]

Answer:

Dr. Neil would be very disappointed in you.

Explanation:

He just would.

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3 years ago

After carefully going over your budget, you have determined you can afford to pay $632 per month toward a new sports car. You ca

ZanzabumX [31]

Answer:

I can borrow $24,000

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.

The amount of loan can be calculated as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

Amount of Loan = $632 x [ ( 1- ( 1 + 1% )^-48 ) / 1% ]

Amount of Loan = $632 x [ ( 1- ( 1.01 )^-48 ) / 0.01 ]

Amount of Loan = $24,000

r = 7.17%

Interest rate is 7.17%

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2 years ago

State the purpose of assets​

State the purpose of assets