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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

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Which of the following statements about the two alternative methods that may be used when preparing the statement of cash flows
Kipish [7]

Answer:

The following records won't be required in drawing up a cash flow statement:

a. Income statement (True)

b. Balance sheet (True)

c. Prospectus (False)

d. Financial statement notes (True)

e. Company news releases (False)

f. Statement of cash flows (True)

g. Stock price information and analysis (False)

h. Statement of shareholders' equity (True)

i. Management discussion and analysis of financial performance (False)

Explanation:

A cash flow statement is an element of the financial statement which helps investors identify the liquidity of the business.

It reveals in great details the sources and uses of the cash resources of the business, and gives true indication to the internal workings of management in wealth creation for the shareholders

Since its only concerned about the cash uses and sourcing, it means not all financial record of the business will be essential in drawing up a statement of cash flow.

8 0
3 years ago
What is a “work point”?
Alja [10]

Answer:

A work point is an independent entity whose location is defined in space.

Explanation:

Work points may be placed or projected onto part faces, linear edges, or onto an arc or circle. Work points can be constrained to the center points of arcs, circles, and ellipses.

4 0
3 years ago
Brown Street Grocers has a cost of equity of 11.8 percent, a pre-tax cost of debt of 6.9 percent, and a tax rate of 35 percent.
Nastasia [14]

Answer:

The correct answer to the following question is option E) 9.06% .

Explanation:

Here the cost of equity given is  - 11.8%

Pre tax cost of debt- 6.9%

Tax rate- 35%

So the after tax cost of debt - 6.9% x 65%

= 4.485%

The debt to equity ratio - .6

So the weight of debt - .6 / ( 1 + .06 )

= .375

Weight of equity - 1 / ( 1 + .06 )

= .625

Weighted average cost of capital =

Debts cost x weight of debt + Equity cost x weight of equity

= 4.485 x .375 + 11.8 x .625

= 1.681875 + 7.735

= 9.06%

7 0
3 years ago
A house in the neighborhood has been well maintained. The seller has made sure that all the electrical systems are working to co
Greeley [361]

Answer:

utility power

Explanation:

In simple words, the location of the house has been said to be in a prominent region, it gives the house a competitive advantage over other units, also the house has been maintained and restructured bu the seller so that it looks more good and healthy.

The subject unit has been restructured in a way that it satisfied all the needs of the buyer, thus, it brings a lot of utility power to the market in respect of its value.

6 0
3 years ago
The managing activity of organizing
lukranit [14]

Answer:

A). determines groups and assigns work activities

Explanation:

Organizing is the function of management that allows development of an organizational structure and allocate the work activities to ensure the completion of objectives.

The managing activity of organizing determines the groups suitable for the objective and the assign task or work on the basis of skills and other parameters to the groups.

Hence, the correct answer is "A)".

4 0
2 years ago
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