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
Nastasia [14]
2 years ago
14

Tangible assets are first recorded at ______. Multiple choice question. current market value or resale value the amount of cash

paid for them all costs to acquire them and prepare them for use cost minus residual (or salvage) value
Business
1 answer:
worty [1.4K]2 years ago
7 0

Tangible assets are first recorded at costs to acquire them for use.

  • Tangible assets are  fixed assets which is  referred to as the physical assets which a company/Buisness owns to carry out its daily activities in order to create profit .

  • They include<em> investments, cash, inventory, vehicles, office equipment, buildings,machines, </em>etc

Tangible assets are very important to businesses  as they

  • Help in business operations  to provide goods and services
  • Serve as collateral for loans
  • In case of emergency, they can generate cash

Tangible assets are first recorded in the balance sheet as costs to acquire them for use.

See more here: brainly.com/question/23469284

You might be interested in
How do trade agreements help the countries involved?
devlian [24]
They are at a standstill with each other and can make business happen with each other. Therefore they're like associates or friends working together to better themselves.
3 0
3 years ago
Simon is a buyer represented by Peter. Peter shows Simon several homes currently on the market. What is Peter's relationship to
Fed [463]

Answer:

The sellers are peter’s customers.

Explanation:

The sellers are peter’s customers because in this situation peter is showing them the houses available in the market. Thus we can consider that the owner of the homes is customers to Peter because here the work of peter is to help in the sale of homes. Therefore it may be said that the sellers are peter's customer.

5 0
3 years ago
With current technology, suppose a firm is producing 400 loaves of banana bread daily. Also assume that the least-cost combinati
Taya2010 [7]

Answer:

A) Total revenue = 400 loaves of bread x $2 per loaf of bread = $800

B) Total economic costs = (5 units of labor x $40 per unit of labor) + (7 units of land x $60 per unit of land) + (2 units of capital x $60 per unit of capital) + (1 unit of entrepreneurial ability x $20 per unit) = $200 + $420 + $120 + $20 = $760

C) Economic profit or loss = total revenue - total economic costs = $800 - $760 = $40

8 0
3 years ago
What are interpersonal skills?
kicyunya [14]

Answer:

The answer is 2

Explanation:

Answer is the letter D the overall way you deal ith conflicts

3 0
3 years ago
Read 2 more answers
Which one of the following is the most widely used source of retirement income?
Luba_88 [7]

Compared to IRAs, Keogh plans, and company pension plans, Social Security<span> is the most widely used source of retirement income. It is based on reports that  88 percent of retirees rely on its steady stream of payments. Fifty-five percent of retirees regards Social Security as their major source of retirement income.  </span>

7 0
4 years ago
Read 2 more answers
Other questions:
  • An expatriate manager who returns after a few years from an overseas assignment to find that there is no position for him in his
    10·1 answer
  • Your german friend has decided to come and visit you in the u.s. you estimate the cost of her trip at $2,200. what is the cost t
    14·1 answer
  • Larry owns a successful business called Super Car-Hire. He plans to sell it to Bob. Bob assumes that he can keep up the high rev
    8·1 answer
  • What theory asserts that workers want to be taken care of and protected by their leaders?
    9·1 answer
  • The sales budget for Modesto Corp. shows that 12,000 units of Product A and 14,000 units of Product B are going to be sold for p
    15·1 answer
  • what is the relationship between logistics and supply chain management? in what ways are they different
    11·1 answer
  • In a certain country, income tax is assessed as follows. There is no tax on income up to $10,000. Any income over $10,000 is tax
    13·1 answer
  • Which of the following can increase your credit card’s APR
    10·1 answer
  • The principle of diversification tells us that: Select one: a. concentrating an investment in two or three large stocks will eli
    11·1 answer
  • What was the innovative way pears’ soap marketed its product?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!