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gtnhenbr [62]
3 years ago
6

costs that a firm remaining in business will still incur even if it halts current production are called

Business
1 answer:
vekshin13 years ago
3 0
They are “fixed costs”
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Curtis needs to find an inexpensive technology that will enable his company's employees to share, organize, and update their rec
lions [1.4K]
A wiki is probably the best of the choices presented, because it's editable by everyone.  But wikis get out of control pretty quickly if nobody is assigned to be the wiki-keeper.

Forum software can actually be the best approach, because forums can be divided into different topics for different projects, and posts in chronological order (with attachments) help everybody keep track of what happened when.
4 0
3 years ago
Read 2 more answers
Milano Gallery purchases the copyright on a painting for $420,000 on January 1. The copyright is good for 10 more years. The com
alex41 [277]

Answer:

Explanation:

The journal entries are shown below:

On January 1

Copyright A/c Dr $420,000

        To Cash A/c $420,000

(Being copyright is purchased)

On December 31

Amortization A/c Dr $42,000

          To Accumulated amortization A/c $42,000

(Being annual amortization is recorded)

The computation is shown below:

= Purchase value of copyright ÷  number of goods years

= $420,000 ÷ 10 years

= $42,000

6 0
3 years ago
Jorgensen High Tech Inc. is a calendar-year, accrual-method taxpayer. At the end of year 1, Jorgensen accrued and deducted the f
Wittaler [7]

Answer:

$100,000

Explanation:

Based on the information given Jorgensen may lessen the amount of $100,000 in the second year which is year 2 reason been that the amount are NOT FIXED amount at the end of the year 1 because the employees are qualified to receive the bonus amount only in a situation where the employees are been employed on the date the bonuses amount were been paid.

Employees Deductible Year 1 Deductible Year 2

Ken $0 $40,000

Jayne $0 $30,000

Jill $0 $20,000

Justin $0 $10,000

Total $100,000

4 0
3 years ago
The amount of money remaining after deductions are taken out best describes which term?
telo118 [61]
The answer to this question is the term net income. A net income is the remaining money after deductions or expenses have been taken from the gross income. Net income is also known as net profit. Net income also states and calculates the total revenue that exceeds after all operational expenses and taxes been deducted.
4 0
3 years ago
In its most recent annual report, Appalachian Beverages reported current assets of $39,900 and a current ratio of 1.90. Assume t
iVinArrow [24]

Answer:

Appalachian Beverages

The Updated current ratio is:

= 1.65

Explanation:

a) Data and Calculations:

Current assets = $39,900

Current ratio = 1.90

Current liabilities = $21,000 ($39,900/1.90)

Current Assets:

Beginning balance = $39,900

Inventory                      $5,100

Cash                           ($2,000)

Ending balance =      $43,000

Current Liabilities:

Beginning balance = $21,000

Accounts Payable       $5,100

Ending balance =      $26,100

Analysis of Transactions:

1. Inventory $5,100 Accounts Payable $5,100

2. Delivery Truck $10,000 Cash $2,000 Two-year Note Payable $8,000

Updated current ratio = Current assets/Current liabilities

= $43,000/$26,100

= 1.65

6 0
2 years ago
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