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2 years ago

When an accounts payable ledger is used, the Accounts Payable account in the general ledger becomes a(n) __________ account.

Business

1 answer:

Setler79 [48]2 years ago

7 0

Answer:

When an accounts payable ledger is used, the Accounts Payable account in the general ledger becomes a(n) control account.

Explanation:

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Zane's Vanes is a service that restores old weather vanes. Zane has just spent $125 purchasing a 1920s-era weather vane which

VladimirAG [237]

Answer:

The marginal benefit from selling the vane without restoring it is $200.

Explanation:

Marginal benefits are the extra income a company can get from selling one additional unit of production.

Zane had already spent $250 in purchasing the vane and the restoration process.

Zane has two options:

Sell the vane as it is for $200.
Keep restoring the vane, spend $200 more and sell the vane for $500.

If Zane decides to sell the vane as it is, his marginal benefit will be $200. That would not be enough to cover his costs, this transaction will result in a $50 loss.

If Zane decides to continue the restoration, then his marginal costs will be $200 extra, but his marginal benefit would be $500. If he chose this option he could end up earning a $50 profit.

8 0

3 years ago

A machine with a cost of $142,000 and accumulated depreciation of $97,000 is sold for $56,000 cash. The amount that should be re

Temka [501]

A machine would cost $142,000 and the depreciation of $98,000

6 0

3 years ago

or 2018, Gourmet Kitchen Products reported $22 million of sales and $18 million of operating costs (including depreciation). The

Vinil7 [7]

Answer:

Economic value added = $1,250,000

Explanation:

Economic value added (EVA) = Net operating profit after taxes - Invested capital * cost of capital

Economic value added= [($22,000,000 - $18,000,000) * (1 - 0.35)] - [$15,000,000 * 9%]

Economic value added = ($4,000,000 * 0.65) - $1,350,000

Economic value added = $2,600,000 - $1,350,000

Economic value added = $1,250,000

5 0

4 years ago

Briefly explain 3 arguments for and 3 against a national minimum wage.

serious [3.7K]

FOR:

increased income for workers
more workers attracted to the workforce
less strain on federal resources for those in poverty

Against

more costly for businesses
possible unemployment due to job automation
higher prices for consumers.

Here are some basic arguments. You will need to explain these a bit more for your assignment though.

7 0

3 years ago

What you mean of economical and effective utilization of resources in food service management?

Mekhanik [1.2K]

Food security is defined by the Food and Agriculture Organization (FAO) as: ... Access covers economic and physical access to food. Improving access requires better market access for smallholders allowing them to generate more income from cash crops, livestock products and other enterprises.

Hope it helps you my dear:)
Plss mark me as brainliest :) thanks

3 0

3 years ago