3 years ago

Inventory is an _____ . asset expense none of the above

Business

1 answer:

Natalka [10]3 years ago

8 0

Answer:

Inventory is an Asset.

Explanation:

Inventory is an asset because when a company buys an asset, they are investing in it, because they will sell it and make revenue/profit from it.

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20. The consumer price index was 120 in 2013 and 126 in 2014. The nominal interest rate during this period was 8 percent. What w

Stella [2.4K]

Answer: 3%

Explanation:

To calculate the real interest rate, it should be noted that the inflation rate is needed and this can be calculated using the consumer price index as:

= [(126-120)/120] × 100

= 6/120 × 100

= 5%

Real interest rate will now be:

= Nominal Rate - Inflation Rate

= 8% - 5%

= 3%

5 0

3 years ago

As Bart Brownlee approached retirement, he decided the time had come to invest some of his nest egg in a conservative fund. He c

Serga [27]

Answer:

$1,275

Explanation:

The computation of the amount of commission for paying is shown below:

= Invested amount × fund charges a load percentage

= $30,000 × 4.25%

= $1,275

By multiplying the invested amount with the fund charges a load percentage we can easily calculate the amount of commission and the same is to be considered

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3 years ago

Boeing’s strategy to become the largest airplane maker in the world included acquiring competitors such as mcdonnell douglas. Th

8_murik_8 [283]

There are different aspect of management. The development of this strategy falls under the planning function of management.

<h3>What is the planning function of management?</h3>

Planning is simply known to be a function of management that entails putting out objectives and knowing the right course of action to achieving the stated objectives.

Planning often needs managers to be very much aware of environmental conditions that faces their organization and predict future conditions.

Conclusively, principles of management is grouped into the four major functions such as;