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Molodets [167]
2 years ago
7

Adjustments ensure that ______ balances are reported at amounts representing the economic benefits that remain at the end of the

period and will be used-up in future periods.
Business
1 answer:
Georgia [21]2 years ago
5 0

What we own are asset, adjustments ensure that asset balances are reported

<h3>What is an asset?</h3>

An asset is of worth that has economic value and future benefit.  An asset can serve as a source of income generating money for present and future endeavors.

Therefore, what we own are asset, adjustments ensure that asset balances are reported

Learn more on assets here,

brainly.com/question/25821437

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700/15= you get the question
vovangra [49]

Answer:

46.666666666

Explanation:

I have braces too!! TWINS

4 0
3 years ago
In the twenty-first century, managers increasingly need to consider their plans as ________. a. a vague philosophy that should n
Gwar [14]

Answer:

Flexible road maps with destinations that may change.

Explanation:

Creativity and adaptability are necessary for a modern day manager, as things are constantly changing and the manager needs to keep up to speed with those changes around.

Therefore the manager has to make his plans flexible to accommodate future changes that can possibly occur.

7 0
3 years ago
If a 30 percent decline in the price of gasoline leads to a 15 percent rise in the quantity of gasoline being bought by consumer
Andreas93 [3]

Answer: 0.5 making the demand for gas to be inelastic in this range.

Explanation:

The price elasticity of demand is calculated as:

= % change in quantity demanded / % change in price

= 15% / -30%

= -0.5

Based on the above calculation, we can see that the elasticity of demand equals to 0.5. Since, it is less than 1, it is said to be inelastic.

5 0
3 years ago
People of all backgrounds, occupations, and income levels wear watches but rolex focuses only on the high-income portion of the
maks197457 [2]

Rolex uses a <u>"single-segment"</u> strategy.


The single segment strategy includes the utilization of just a single marketing mix for one market segment.  

The single segment strategy in advertising guarantees that a producer chooses one section of the market and just supplies that segment.One or every one of the products created by an advertiser are sold to just  who meet the attributes of that single segment.

3 0
3 years ago
Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activi
oee [108]

Answer:

$10,241.53

Explanation:

Using the activity-based costing system, Overhead cost for Product K91B would be?

Setting up batches 89 batches x $59.56=                   $5300.84

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Assembling products 493 hours x $4.25=                   $2,095.25

Total Overhead cost                                                      $10,241.53

7 0
3 years ago
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