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Degger [83]
3 years ago
8

Your catering business sells luncheons and dinners. Luncheons are $1,000 each, and dinners are $2,000 each. You sold 300 meals i

n total for revenue of $460,000. How many of each did you sell?
Business
1 answer:
Jet001 [13]3 years ago
7 0

Answer:

140 luncheons, 160 dinners

Explanation:

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assume that two firms are both following generally accepted accounting principles. both firms commenced operations two years ago
Igoryamba

The statement is False as when the balance sheets for the two companies are submitted to investors, they are not obligated to disclose the same amount of net fixed assets.

The Property, Plant, and Equipment classification is used to categorize fixed assets on a company's balance sheet. The cost of fixed assets is decreased on the balance sheet by depreciating them over the course of their useful lives in order to account for wear and tear. Both firms started off with $1 million worth of identical fixed assets when they first opened their doors two years ago, and neither one has sold or added any new ones. So, they are not supposed to report the same amount of fixed assets to investors since there is an absence of asset purchases.

Both current assets and fixed assets are listed on the balance sheet, with current assets intended for use immediately or for cash conversion and fixed assets for longer-term usage (more than one year).

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1 year ago
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Alex_Xolod [135]

Answer:

c.the expected future returns must be equal to the required return.

Explanation:

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4 0
4 years ago
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tamaranim1 [39]

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5 0
4 years ago
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valina [46]
IRR = 15.76% i got that as my answer


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The Constitution defines all of the following as limits of the government’s power to tax except that _____.
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Constitution has something called Bill of Rights which are your rights. Also,  Supreme Court (Judicial branch) is there to interpret the laws. They can declare a law unconstitutional and all disputes between individual and government are settled in Supreme Court. 
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3 years ago
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