1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
steposvetlana [31]
3 years ago
15

Which of the following is a fixed asset for a business?

Business
1 answer:
stellarik [79]3 years ago
4 0

Answer:

D. Motor lorry for delivery of goods​

Explanation:

Business assets are valuable used to generate revenue for the business. Assets can be classified as either current or fixed assets. Currents assets can be converted to cash with relative ease.

Fixed assets have a lifespan exceeding one year. Usually, a business will not dispose of its fixed assets in the current financial period. Fixed assets remain constant in a period and are used in the production process.

From the list provided, lorry is the fixed asset. It is being used to deliver goods, hence assisting in generating revenue. The lorry has a lifespan exceeding one year and is not meant for sale.

You might be interested in
Janet Home went to Citizen Bank. She borrowed $7,000 at a rate of 8%. The date of the loan was September 20. Janet hoped to repa
coldgirl [10]

Answer:

The interest is $189.78

Explanation:

The computation of the interest on January 20 is shown below:

= Principal × interest rate × number of days ÷ total number of days in a year

= $7,000 × 8% × 122 days ÷ 360 days

= $7,000 × 8% × 0.338

= $189.78

The 122 days are calculated below:

September - 10 days

October - 31 days

November - 30 days

December - 31 days

January  - 20 days

Total    - 122 days

And we assume the 360 days in a year

8 0
3 years ago
The employees of an organization have heard rumors about rapidly dropping profits and impending layoffs. The grapevine is abuzz
Karolina [17]

Answer:

A. neutralize the rumor by openly confirming any parts that may be true.

Explanation:

Here are the options to this question:

A. neutralize the rumor by openly confirming any parts that may be true.

B. restrict the length of breaks taken by the employees.

C. closely monitor each employee's activities in the office.

D. fire employees found spreading false stories.

E. block all forms of electronic communication in the office.

I hope my answer helps you

3 0
3 years ago
Compute the current ratio, acid-test ratio, and gross margin ratio as of January 31. (Round your answers to 2 decimal places.)
Ierofanga [76]

Answer:

Can you plssssssssssss help me

Can you do plsssssssss help me

7 0
3 years ago
Read 2 more answers
What are the four types of data analytical method?.
Monica [59]

Answer:

<em>There are four types of analytics, </em>

  • <em>Descriptive, </em>
  • <em>Diagnostic,</em>
  • <em>Predictive, </em>
  • <em>Prescriptive.</em>
6 0
2 years ago
Read 2 more answers
Modern economics as a field of study is usually thought to have begun with which of the following?
o-na [289]
Okay I am going on a generalization of modern economics as a field of study is usually thought to have begun with which of the following because you have not really provided us with much to go. Therefore, my answer to this is as follows:

- Adam Smith and the Wealth of Nations

Per my textbook. Thanks
3 0
3 years ago
Other questions:
  • On april 1, griffith publishing company received $1,548 from santa fe, inc. for 36-month subscriptions to several different maga
    9·2 answers
  • A company recently lowered its service performance from 99 percent product availability to 97 percent product availability. The
    14·1 answer
  • The law of diminishing marginal utility says that as you consume more of something, the satisfaction that you get from each addi
    8·2 answers
  • Other things held constant, which of the following actions would increase the amount of cash on a company's balance sheet? Group
    6·1 answer
  • Rent controls can cause a. ​a decline in the quality of housing available for rent. b. ​the development of a black market to all
    14·1 answer
  • Managing diversity isA. Recognizing the characteristics common to specific groups of employeesB. Dealing with employees as indiv
    13·1 answer
  • A bond's coupon payment is:______.
    10·1 answer
  • Why Projects that arise as a result of problems and directives must be resolved quickly to avoid hurting an organization’s busin
    15·1 answer
  • The August current year bank statement for Allison Company and the August current year ledger account for cash follow:
    15·1 answer
  • a written document prepared by an entrepreneur that describes all the relevant external and internal elements involved in starti
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!