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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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A company produces a single product. Variable production costs are $13.20 per unit and variable selling and administrative expen
Alex Ar [27]

Answer:

the ending inventory is $13,200

Explanation:

The computation of the dollar value of the ending inventory under variable costing is shown below:

= Variable production cost per unit × difference in units

= $13.20 per unit × (5,200 units - 4,200 units)

= $13.20 per unit × 1,000 units

= $13,200

hence, the ending inventory is $13,200

5 0
2 years ago
Trendsetters has a cost of equity of 14.6 percent. The market risk premium is 8.4 percent and the risk-free rate is 3.9 percent.
Karolina [17]

Answer:

The answer is option ( C.) Increase of 1.06 percent

Explanation:

Data provided in the question:

Cost of equity = 14.6%

Market risk premium = 8.4%

Risk-free rate = 3.9%

Company's beta = 1.4

Now,

Expected Return = Risk-free rate + ( Beta × Market risk premium )

= 3.9% + ( 1.4 × 8.4% )

= 3.9% + 11.76%

= 15.66%

Therefore,

The change in firm's cost of equity capital = 15.66% - 14.6%

= 1.06%

Hence,

The answer is option ( C.) Increase of 1.06 percent

5 0
3 years ago
Suppose the production function in medieval Europe is Y 5 K 0.5L0.5, where K is the amount of land and L is the amount of labor.
Sonbull [250]

Answer:

a) Y = 500

b) Wages: 2.5

   Rental price: 2.5

   

c) labor Share of output: 0.370511713 = 37.05%

Explanation:

Y = 4K^{0.5} \times L^{0.5}

if K = 100 and L = 100

Y = 5(100)^{0.5} \times (100)^{0.5}

Y = 50 \times 10

Y = 500

wages: marginal product of labor = value of an extra unit of labor

dY/dL (slope of the income function considering K constant while L variable)

ax^b = bax^{b-1}

Y = 5K^{0.5} \times L^{0.5}

Y' = 5K^{0.5} \times 0.5 L^{-0.5}

Y' = 2.5K^{0.5} \times L^{-0.5}

Y' = 2.5(\frac{K}{L})^{0.5}

With K = 100 and L = 100

Y' = 2.5(\frac{(100)}{(100)})^{0.5}

Y' = 2.5

rental: marginal product of land = value of an extra unit of land

dY/dK (slope of the income function considering K variable while L constant)

Y = 5K^{0.5} \times L^{0.5}

Y' = 2.5K^{-0.5} \times L^{0.5}

Y' = 2.5(\frac{L}{K})^{0.5}

L = 100 K = 100

Y' = 2.5(\frac{100}{100})^{0.5}

Y' = 2.5

c) we use logarithmic properties:

Y = 50 \times 10

log500 = log(50 \times 10)

log500 = log50 + log10

50 was the land while 10 the labor

2.698970004 = 1.698970004 + 1

share of output to labor: 1/2.698970004  = 0.370511713

5 0
3 years ago
Carmen Co. can further process Product J to produce Product D. Product J is currently selling for $20 per pound and costs $15.75
Vedmedyk [2.9K]

Answer:

a. Differential revenue = $18 per pound

Explanation:

Differential revenue refers to additional revenue per unit.

Current revenue per unit = $20 - $15.75 = $4.25 per unit on Product J

When it will be further processed to form Product D

Net proceeds to be realized from each unit of product D = $38

Net revenue = $38 - $24.30 = $13.7

Additional or differential revenue = $38 - $20 = $18 per unit

As for $20 selling price the revenue was recognized earlier now additional revenue = $38 - $20 = $18 per pound

Note: Revenue is the proceeds from sale and not the net profit.

Differential revenue = $18 per pound

6 0
3 years ago
Explain the benefits of ICT to modern business
Colt1911 [192]
“By automating business processes and giving employees ICT tools, your business can improve its individual and overall productivity. ... Access to manufacturing data enables managers to plan production more effectively, making better use of resources and reducing lead times.”
6 0
3 years ago
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