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2 years ago

The purchase and sale of long-term assets and current investments are classified as:

1 answer:

8 0

ash transactions that encompass purchase as well as sale of long-term assets as well as current investments can be considered to classified as Investing activities.

Investing activities can be regarded as one of the categories of net cash activities which is been reported by business on the cash flow statement.

It is the purchase as well as sale of long-term assets at a given period.

Therefore, Investing activities is correct.

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Consider the following data for a closed economy: Y = $1414 trillion C = $1010 trillion G = $33 trillion Spublic = $neg

sveticcg [70]

Answer:

Private savings = $360 trillion

Explanation:

Private savings is a summation of household and business savings. When there is economic growth there is stimulation of private savings, people have more money to save.

Private savings also drives economic growth because people have more money to invest in businesses that will have a higher output.

In a closed economy the formula for private savings is

Private savings = Y + TR - C - T

Private savings= 1414 trillion + 0 - 1010 trillion - 44 trillion

Private savings = $360 trillion

5 0

3 years ago

Read 2 more answers

The coordinating conjunctions that can be used to combine two complete sentences with a comma are âfor, and, nor, but, or, yet,

stealth61 [152]

This is true. You can use the acronym FANBOYS to remember <span />

3 0

3 years ago

If an economy moves into a recessionary period, examples of fiscal policies that act as automatic stabilizers include?

astra-53 [7]

As an economy moves into a recessionary period, examples of fiscal policies that act as automatic stabilizers include an increase in transfer payments.

Monetary increase refers to a boom in the size of a country's economy over a period of time. the scale of an economic system is commonly measured by the entire manufacturing of products and services inside the financial system, which is called gross home product (GDP). the financial increase may be measured in 'nominal' or 'real' terms.

The financial increase is a growth in the manufacturing of goods and offerings in a financial system. increases in capital goods, labor force, generation, and human capital can all contribute to the monetary increase.

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5 0

1 year ago

A company produces alternators for cars. They generally use a static budget with the following costs based on 8,000 units per mo

Daniel [21]

Answer:

$70,875

Explanation:

By definition, a flexible budget is when a budget has been adjusted or flexed to accommodate the changes in the level of activity.

If the company wanted to create a flexible budget for 9,000 units, then the value that would be recorded for variable costs will be:

Indirect materials, $22,000/8000*9000 = 24,750;

Indirect labor, $25,000/8000*9000 = 28,125 ;

Utilities, $12,000/8000*9000 = 13,500;

Supervision, $4,000/8000*9000=4,500

Total of variable costs = ........................70,875

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3 years ago

Your supervisor has come to you with the following list of expenditures for the year and is asking you whether they should be ca

Trava [24]

Answer:

Capitalized Expenditures:

2. Added a new wing onto the office building.

5. Had an engine rebuilt in one of their fleet cars.

Explanation:

Capitalization is the process of delaying the full recognition of an expense for the acquisition of a new asset with long-term life so that the costs can be treated as an expense gradually over its useful life through an accounting method known as depreciation or amortization.

The criteria for capitalizing expenditure depend on whether the expenditure is necessary to bring the asset to the condition and location where it can be operated as desired by the management. It must also meet the threshold amount set by management for capitalization. This is because some assets can be used for more than one year and still they are not regarded as capital assets. Example is a stapling machine that costs less than a dollar.

6 0

3 years ago