A line of credit to a corporation is like a credit card to an individual. Because a line of credit to corporation is very similar to the line of credit for a personal use. A line of credit is a type of loan so a type of loan that
you use like a credit card account is a personal line of credit. A line of credit is also like a credit card.
Answer:
The answer is "
".
Explanation:
The immaterial assets are those assets without physical matter. It would include patents, copyright, goodwill, brand, etc. Instead of tangible assets including such equipment or computer components used to calculate the current value of a business, it improves the overall long-term value of the small company. In that instance, the intangible assets were solely patents. So the response is $75,000.
Answer:
(C) Janitorial, Welding, HR, Data Svcs, Assembly
Explanation:
Question: If the step-down method is used in this case, which sequence of allocations is not valid?
The step method will allocate a portion of a service department to others service department cost thus, increasing the cost of these.
In this case cost from Janitorialo will go into HR and Data serivces.
Is important to understand that these method have as goal to allocate their cost into production department. The production department receive cost from the service department. They do not allocate into service. Never.
Having said that statement; the conclusion is that option C is incorrect as it is doing a distribution of produciton department into service department.
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