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dem82 [27]
3 years ago
8

What is an asset in accounting ​

Business
1 answer:
Goryan [66]3 years ago
5 0

Answer:

An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit.

Explanation:

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An investment proposal with an initial investment of $100,000 generates annual net cash inflow of $20,000 for a period of 10 yea
dalvyx [7]

Answer:

5 years

Explanation:

Initital investment           $100,000

Cash inflows 1-5 (20,000*5)             ($100,000)

The payback period for this investment project is 5 years.

or

100,000/20,000=5 years

7 0
3 years ago
Thomas Book Sales, Inc., supplies textbooks to college and university bookstores. The books are shipped with a proviso that they
nata0808 [166]

Answer:

The following summarizes the solution to the given problem.

Explanation:

The given values are:

Sales,

= $660,000

Expenses,

= $255,453

Received cash revenues,

= $605,934

(a)

According to the accrual, profits would be acknowledged and therefore not necessarily received on the occasion of purchase.

⇒ Net \ income=Sales-Expense

On substituting the given values, we get

⇒                     =660,000-255,453

⇒                     =404,547 ($)

(b)

⇒ Net \ Income =Received \ cash \ revenues-Expenses

On substituting the given values, we get

⇒                     =605,934-255,453

⇒                     =350,481 ($)

(c)

  • The reliable financial foundation again for a financial consultant is more helpful because it demonstrates or represents the organization's appropriate financial status.
  • It accepts the profits throughout a similar time frame.
5 0
3 years ago
5 points
swat32

Answer:

R

Explanation:

7 0
3 years ago
The owner of the land that gains the benefit in easements appurtenant is the (select one):
bezimeni [28]

Answer:

a) dominant tenement. 

Explanation:

A dominant tenement is the owner of the land that gains the benefit in easements appurtenant.

A servient tenement is the owner of the land that provides the easements .

I hope my answer helps you.

6 0
3 years ago
What is an external force that affects businesses? motivated employees motivated employees advances in technology advances in te
yanalaym [24]

A company or organization has minimal influence over external factors, such as governmental policy, technology, and market conditions.

External factors:

  • Things outside of a firm that affect its success are known as external factors. They may have a beneficial or negative effect. Its only option is to respond to them by taking actions that will support its continued prosperity.
  • Situational factors, often referred to as external factors, are influences that come from outside of the individual, such as the surrounding circumstances and people. Situational factors include things like your surroundings, your place of employment and education, and your neighbors.
  • Numerous internal and external elements, including society, family, loved ones, ethnicity, race, culture, geography, opportunity, media, interests, appearance, self-expression, and life events, have an impact on identity creation and progression.
  • Therefore, technological advancements would be considered an external factor.

Learn more about  external factors here brainly.com/question/20382185

#SPJ4

5 0
2 years ago
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