Answers
Country Kitchen and Perkins are both a chain of family restaurants featuring diner-like menus with reasonably priced items. These companies are in the same Strategic Group.
So Correct answer is Strategic Group.
A Strategic Group is a term used in strategic management to describe a collection of businesses within a certain sector that have similar business models or set ups of strategies. For instance, based on elements like preparation time, cost, and presentation, the restaurant sector can be split into numerous strategic groupings, including fast-food and fine-dining.
The characteristics used to identify the groups determine the number of groups within an industry and the makeup of those groups. While a business model describes how a company will make money, strategy refers to the direction and scope of an organization over the long term that generates advantages for the organization
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Related Questions
As part of the initial investment, Jackson contributes accounts receivable that had a balance of $25,974 in the accounts of a sole proprietorship. Of this amount, $1,213 is deemed completely worthless. For the remaining accounts, the partnership will establish a provision for possible future uncollectible accounts of $856. The amount debited to Accounts Receivable for the new partnership is a.$25,974 b.$24,761 c.$23,905 d.$25,118
Answers
Answer:
b.$24,761
Explanation:
The amount to be debited is the account receivable balance minus the amount deemed worthless
= $25,974 -$1,213
=$24,761
The amount of $856 provided as possible future uncollectable will not affect account receivable. The account receivable remains as it is until payment is received or an account has been declared uncollectable.
A company's written promise to pay (in the form of a promissory note) a future amount is a(n):
Multiple Choice
Unearned revenue.
Prepaid expense
Credit account
Note payable.
Account receivable.
Answers
Based on accounting principles, a company's written promise to pay a future amount is known as "Note payable."
This is because a Note Payable is a term that describes a financing tool or tender used by one party to depict his promises in writing to pay a specific amount of money to the other.
A note payable is often written with a defined date, which may be determined by the receiver of the debt payment on agreed terms.
Hence, in this case, it is concluded the correct answer is option D. "note payable."
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Which of the following terms refers to materials used by manufacturers to make other goods?
Answers
Raw materials are the input goods or inventory that a company needs to manufacture its products. For example, the steel used to manufacture vehicles would be a raw material for an automobile manufacturer. Capital is the property used by businesses to produce goods and services. It includes both physical assets and intellectual property. Examples: Material inputs are goods that are used in making other products. They include both raw materials and manufactured products.
How does a business identify how much profit was made on a job?
Answers
Answer:
Making a profit is one of the most important objectives of a business. You can calculate your business profit by subtracting your total expenses from your total revenue. To identify what the revenues and expenses are, start by choosing the time period you want to study.
Explanation:
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Brooke needs a $6,000 personal loan.
Which loan option would require her to pay back the least amount of money?
A)24-month loan with an 8% annual simple interest rate
B)36-month loan with a 6% annual simple interest rate
C)60-month loan with a 4% annual simple interest rate
S) 72-month loan with a 2 annual simple interest rate

20 POINTS!!!!
Answers
Answer: The answer is D 72-month loan with a 2 annual simple interest rate
Explanation:
A) 24x480=11,500 is incorrect
B) 36x360=12,960 is incorrect
C) 60x240=14,400 is incorrect
D) 72x120=8,640 is correct
I hope I wasn't too late to help. ;)
The loan option that would require her to pay back the least amount of money is: D) 72-month loan with a 2 annual simple interest rate.
Loan optionBased on the information given the loan option that would require her to pay back the least amount of money is 72-month loan with a 2 annual simple interest rate reason being that amount she will paid will be least amount compare to other loan options.
Loan=72 months ×($6,000×2%)
Loan=72 months×$120
Loan =$8,640
Inconclusion the loan option that would require her to pay back the least amount of money is: D) 72-month loan with a 2 annual simple interest rate.
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A baseball leaves a pitcher's hand horizontally at a speed v. The distance to the batter is d. (Ignore the effect of air resistance.) (a) How long does the ball take to travel the first half of that distance
Answers
Answer:
\(Time = \frac{d}{2v}}\)
Explanation:
Given
\(Speed = v\)
\(Distance = d\)
Required
Determine the time taken to travel half of the distance
Recall that
\(Speed = \frac{Distance}{Time}\)
Make Time the subject
\(Time= \frac{Distance}{Speed}\)
In this case:
\(Distance = \frac{1}{2}d\)
\(Speed = v\)
So:
\(Time= \frac{Distance}{Speed}\)
\(Time = \frac{\frac{1}{2}d}{v}\)
\(Time = \frac{1}{2}d}/v\)
\(Time = \frac{1}{2}d} * \frac{1}{v}\)
\(Time = \frac{d}{2}} * \frac{1}{v}\)
\(Time = \frac{d}{2v}}\)
Piedmont Company purchased merchandise on account from a supplier for $45000, terms 1/10, n/30. Piedmont Company returned $7000 of the merchandise and received full credit.If Piedmont Company pays the invoice within the discount period, what is the amount of cash required for the payment
Answers
Answer:
$33,500
Explanation:
The Cash Required for Payment to Supplier is The Purchases Price less Credit Allowance and Cash Discount granted since Piedmont Company pays the invoice within the discount period.
If Piedmont Company had paid invoice out of the discount period we would only deduct the Credit Allowance from the Purchase Price.
Cash Required for Payment Calculation :
Purchase Price $45,000
Less Credit Allowance ($7,000)
Less Cash Discount $45,000 x 10% ($4,500)
Cash Required for Payment $33,500
A surplus can be fixed by raising the price of the good or service.
O True
O False
Answers
Answer:
True
Explanation:
a surplus is when the quantity supplied is greater than the quantity demanded. A surplus can be fixed by raising the price of the good or service, which will decrease the quantity supplied and increase the quantity demanded.
True or False? The placement of a product within a store, or online, can determine the sales performance of that product.
Answers
Product Placement. a form of advertising in which name brand goods are placed in sports & entertainment programs. embedded marketing.
Answer:
true
Explanation:
If a minimum wage increase helps some people but harms other’s people, is it a good policy?
Answers
If a minimum wage increase helps some people but harms others, it is still a good policy. A minimum wage increase would be a good policy because it benefits those who are struggling to make ends meet and could use a little extra income to pay for essentials such as rent, food, and utilities.
Additionally, when low-wage workers earn more money, they have more money to spend, which stimulates the economy. Workers earning minimum wage are more likely to spend the additional money they earn, resulting in increased consumer spending. This, in turn, can lead to increased business activity and job creation. Higher wages also help to reduce poverty and improve social mobility, which has a positive effect on society as a whole.
However, it is essential to recognize that a minimum wage increase could cause harm to some people and businesses. Companies may need to reduce their workforce to cut costs, and some employees may lose their jobs as a result. Furthermore, if the price of goods and services increases due to higher wages, some consumers may be priced out of the market, resulting in reduced sales and profits for businesses.
Nevertheless, the benefits of a minimum wage increase outweigh the drawbacks. A minimum wage increase is a necessary step in ensuring that low-wage workers are paid a living wage and that our economy is stimulated.
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what is the purpose of work teams ?
Answers
Answer:
The purpose of creating teams is to provide a framework that will increase the ability of employees to participate in planning, problem-solving, and decision-making to better serve customers. Increased participation promotes: A better understanding of decisions.
Employer is desperate to hire sales people. Employer conducts initial telephone interviews and offers employment immediately over the telephone. In making the offer, the employer will always inflate the guaranteed sales commissions that the employee can expect by 200-300%. A potential employee takes the job, relocates and soon realizes that she was misled in terms of compensation. Which of the following is most true? A. A claim by the employee will probably be based on promissory estoppel B. A claim by the employee will probably be based on breach of contract C. Employers are permitted to exaggerate figures to entice people to apply D. Under the doctrine of ‘caveat canem’ an employee bears the risk of being misled in the employment screening
Answers
Answer:
A. A claim by the employee will probably be based on promissory estoppel
Explanation:
Promissory estoppel doctrine refers to trying to enforce a promise. In other words, a person that makes a promise is responsible for performing it as long as:
the promissor made a promise and the promisee acted because of it the promisee relied on the promisethe promisee suffers a loss due to the unfulfilled promiseCan anyone help me with this?
Answers
Answer:
Here are the answers :D Hope this helps!
Explanation:
12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
Answers
1. Paid Office Station Co. for part of the debt incurred on April 5, $1,200.
Debit: Accounts Payable - Office Station Co.$1,200
Credit: Cash $1,200
2. Provided services on account, $4,200.
Debit: Accounts Receivable $4,200
Credit: Service Revenue $4,200
To pay off the remaining balance owing to Office Station Co., a debit is sent to the accounts payable account. To account for the cash outflow, the Cash account is credited. This journal entry records the settlement of a portion of the debt incurred on April 5 with Office Station Co.
The acknowledgment of revenue for services rendered to a client on the account is represented by this journal entry. To reflect the increase in the amount due by the client, the Accounts Receivable account is debited.
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The complete question is probably
Write journal entries
12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
cash withdraw from bank for personal use
Answers
Answer:
?
Explanation:
Answer:
I'm not sure what you're trying to imply here. I'll assume your question is based on accounting. In this case, your definition matches with Cash drawings.
Stay safe and Merry Christmas! :)
Amber works as an insurance claims agent in charge of assisting policyholders when an accident has occurred. What task might Amber perform as part of her job?
A. buying and selling stocks for her clients
B. running an analysis of a small business's spendings
C. recording items damaged in a house fire
Answers
Answer:
the answer would be B
Explanation:
please tell me if im wrong or right
Answer:
B
Explanation:
what is your analysis on walmart financial health as of january 2021 compare to 2022
Answers
I think the analysis is good compared to the year of 2021
A company had issued 10,000 bonds which had a par value of $50 and currently sold at $60. The company is expected to pay 10% interest for the next 5 years. In addition to this the preferred stock of the company is issued at $150 which a promised dividend of 8 per share. The common stock holders will receive $2 per share and this will grow T 8% for the first 3 years, 6% for the other 3 years and it will grow at 5% for indefinite period. Assume the tax rate is 35%. The capital structure of the company is composed of 600,000 common stock, 200,000 preferred stock and 100,000 is debt.
A) Find the cost of capital for each sources A) Find the weighted average cost of capital
Answers
To calculate the cost of capital for each source, we'll consider the cost of debt, cost of preferred stock, and cost of common stock.
1. Cost of Debt:
The cost of debt is the interest rate the company pays on its debt. In this case, the company has issued bonds with a par value of $50, currently selling at $60, and a coupon rate of 10% for 5 years.
Cost of Debt = (Interest Expense / (Bonds Market Value - Bond Discount)) * (1 - Tax Rate)
Interest Expense = Bonds Market Value * Coupon Rate
Bonds Market Value = Number of Bonds * Bond Selling Price
Number of Bonds = 10,000
Bond Selling Price = $60
Coupon Rate = 10%
Tax Rate = 35%
Interest Expense = $60 * 10,000 * 10% = $60,000
Bonds Market Value = 10,000 * $60 = $600,000
Bond Discount = Par Value - Bond Selling Price = $50 - $60 = -$10 (Negative value because the bond is selling at a premium)
Cost of Debt = ($60,000 / ($600,000 - (-$10))) * (1 - 0.35) = $6,000 / $600,010 * 0.65 = 0.064997 (approximately 6.50%)
2. Cost of Preferred Stock:
The cost of preferred stock is the dividend rate the company pays on its preferred stock. In this case, the preferred stock is issued at $150 with a promised dividend of $8 per share.
Cost of Preferred Stock = Dividend / Preferred Stock Price
Dividend = $8
Preferred Stock Price = $150
Cost of Preferred Stock = $8 / $150 = 0.053333 (approximately 5.33%)
3. Cost of Common Stock:
The cost of common stock is calculated using the dividend growth model. The dividend is expected to grow at different rates for different periods.
First 3 years: Dividend Growth Rate = 8%
Next 3 years: Dividend Growth Rate = 6%
Indefinite period: Dividend Growth Rate = 5%
Cost of Common Stock = Dividend / Current Stock Price + Growth Rate
Dividend = $2
Current Stock Price = Market Price
Growth Rate = Dividend Growth Rate
Cost of Common Stock = $2 / Market Price + Growth Rate
Weighted Average Cost of Capital (WACC):
The weighted average cost of capital is the weighted average of the costs of each source of capital, considering their respective proportions in the capital structure.
WACC = (Weight of Debt * Cost of Debt) + (Weight of Preferred Stock * Cost of Preferred Stock) + (Weight of Common Stock * Cost of Common Stock)
Weight of Debt = Debt / Total Capital
Weight of Preferred Stock = Preferred Stock / Total Capital
Weight of Common Stock = Common Stock / Total Capital
Debt = $100,000
Preferred Stock = $200,000
Common Stock = $600,000
Total Capital = Debt + Preferred Stock + Common Stock = $100,000 + $200,000 + $600,000 = $900,000
Weight of Debt = $100,000 / $900,000 = 0.111111 (approximately 11.11%)
Weight of Preferred Stock = $200,000 / $900,000 = 0.222222 (approximately 22.22%)
Weight of Common Stock = $600,000 / $900,000 = 0.666667 (approximately 66.67%)
WACC = (0.111111 * 6.50%) + (0.222222 * 5.
The cost of capital for each source can be calculated by determining the cost of debt, cost of preferred stock, and cost of common equity. The cost of debt is 8.33%, the cost of preferred stock is 5.33%, and the cost of common equity is 14.77%.
To find the cost of capital for each source, we will calculate the cost of debt, cost of preferred stock, and cost of common equity.
The cost of debt can be calculated using the formula: Cost of Debt = (Annual Interest Payment / Bond Price) x 100%. In this case, the bond price is $60 and the annual interest payment is 10% of the bond's par value of $50, so the cost of debt is (0.10 * $50 / $60) x 100% = 8.33%.
The cost of preferred stock can be calculated using the formula: Cost of Preferred Stock = Dividend / Stock Price. In this case, the dividend is $8 per share and the stock price is $150, so the cost of preferred stock is $8 / $150 = 5.33%.
The cost of common equity can be calculated using the Dividend Discount Model (DDM) formula: Cost of Common Equity = Dividend / Current Stock Price + Growth Rate. The growth rate for the first 3 years is 8%, for the following 3 years is 6%, and for an indefinite period is 5%. The dividend for common stock is $2 per share. The current stock price can be calculated using the market value of the common stock ($2 * 600,000 = $1,200,000) divided by the number of shares (600,000), which equals $2 per share. The cost of common equity is $2 / $2 + 0.08 + 0.06 + 0.05 = 14.77%.
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You have been working on an important assignment and are behind schedule. Your manager made it clear that it must be done on time. You cannot meet the assignment deadline and complete the other small tasks you have. What would you be MOST likely to do
Answers
When you are working on an important task and you are late, ideally, you would focus on the most important tasks to be delivered on time and not worry so much at the moment about the other small tasks you have.
Establishing a priority list can help you meet deadlines for essential tasks that require greater urgency and more effort to complete.
Time management
It is essential that the employee manages his time in order to establish schedules and goals for completing tasks. Through time management, there is greater motivation and objectivity about the most important tasks.
Therefore, there needs to be focus, concentration and prioritization on the main project that needs to be delivered on time. It is also essential that there is effective communication with your leader, so that you can be authorized for extra benefits or help to help you complete the project on time.
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Sunland Corporation sells three different models of a mosquito “zapper.” Model A12 sells for $47 and has unit variable costs of $32.90. Model B22 sells for $94 and has unit variable costs of $65.80. Model C124 sells for $376 and has unit variable costs of $282. The sales mix (as a percentage of total units) of the three models is A12, 60%; B22, 15%; and C124, 25%.
If the company has fixed costs of $267,806, how many units of each model must the company sell in order to break even? (Round Per unit values to 2 decimal palces, e.g. 15.25 and final answers to 0 decimal places, e.g. 5,275.)
Answers
Answer:
A12 = 7,400 units * 60% = 4,440 units
B22 = 7,400 units * 15% = 1,110 units
C124 = 7,400 units * 25% = 1,850 units
7,400 units
Explanation:
Calculation of breakeven point :-
Total breakeven point :-
Total fixed costs / weighted average unit contribution margin
= $267,806 / $36.19
= 7,400 units
Model breakeven point :-
total breakeven point* sales mix
A12 = 7,400 units * 60% = 4,440 units
B22 = 7,400 units * 15% = 1,110 units
C124 = 7,400 units * 25% = 1,850 units
The weighted average contribution margin for Sunland Corporation's mosquito zapper models is 46.3%, calculated by taking the sales mix of each model into account. This figure indicates the proportion of each dollar of sales that contributes to covering fixed costs and generating profit.
The weighted average contribution margin is crucial for determining the company's profitability and making informed decisions about product mix and pricing strategies.
It reflects the overall efficiency of production and the ability to cover fixed expenses. By understanding the contribution margin for each model and their respective sales mix, Sunland Corporation can optimize its product offerings, focus on high-margin models, and allocate resources effectively to maximize profitability.
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Double declining balance
Answers
The double-declining balance method is an effective way to depreciate assets in the early years of their useful life and reduce the balance of the asset more quickly than the straight-line method. This helps companies to account for the asset's cost more accurately over time and to recognize its diminishing value as it ages.
Double-declining balance method is a method of depreciation that is an accelerated method.
The depreciation rate is twice as much as the straight-line method's depreciation rate.
This method begins with an asset's value at the beginning of its use and then decreases at a constant rate throughout its useful life until it reaches the asset's salvage value.
This depreciation method is most commonly used for assets that depreciate quickly at the beginning of their useful life and then slowly depreciate over time until they are scrapped or sold.
Assets such as computers, vehicles, and machinery are common examples of assets that use this method of depreciation.
Double-declining balance method can be calculated using the following formula:Annual depreciation = (2 / useful life in years) * book value at the beginning of the yearOrDepreciation rate = 2 / useful life in years.
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1. What factors contributed to the success of Mavi Jeans?
Answers
Answer:
mavi jeans sold in special store around 50 countries. Those jeans also sold in 280 retail stores . Mavi having a very great "menu" approach by using product mix.
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Question 2.
Sooraj works as a salesman in a company selling pet accessories and food. He has been given a target of selling 1200 units of the food packets in a month by offering a maximum of 10% discount to his customers. In order to meet his monthly sales target, on the last two days of the month, he offers 15% discount to his customers.
In the context of the above case, is Sooraj effective in his work? Explain by giving a suitable reason in support of your answer.
Answers
Sooraj is effective in his work. This is because Sooraj was able to sell 1200 units of food packets in a month. Although he provided a 10% discount on the food packets, he was still able to meet his monthly sales target.
In addition, Sooraj offered a 15% discount on the last two days of the month to increase his sales target. It can be seen that the customers were attracted to the discount offer and Sooraj was successful in selling more units.
So, he is effective in his work because he was able to sell 1200 units of food packets in a month by offering a maximum of 10% discount to his customers and providing 15% discount to his customers on the last two days of the month.
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Which of these is not an example of good practice when differentiating phonological awareness instruction?
a.
Increasing the intensity of instruction by teaching in smaller group sizes.
b.
Expecting all children to be able to produce rhyming words at the same time of the year.
c.
Increasing the intensity of instruction by giving individual children more opportunities to respond.
d.
Supporting children's understanding of an activity by using visual supports.
Answers
The option that is not an example of good practice when differentiating phonological awareness instruction is (b) Expecting all children to be able to produce rhyming words at the same time of the year.
What is good practice?Recognizing that children learn at various speeds and have varied degrees of preparedness is a key component of good practice in differentiating phonological awareness training. It is unrealistic to anticipate that all kids will develop at the same rate.
Each child's unique requirements and talents are taken into account while differentiating instruction. Therefore, it is inconsistent with the ideas of differentiation to expect all kids to be able to come up with rhymes at the same time of the year.
Therefore the correct option is b.
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The subsidiary of a U.S. corporation located in Country Y generated income of $1,000,000 on which it paid $400,000 (40%) in taxes to Country Y. The subsidiary paid a dividend to the U.S. parent of $54,000. How much tax is currently owed to the U.S. government if the federal tax rate is 35%
Answers
Answer:
The tax currently owed to the U.S. government is:
$18,900
Explanation:
a) Data and Calculations:
Income generated by the foreign subsidiary = $1,000,000
Tax paid by the subsidiary in its country of residence = $400,000
Dividend paid to the U.S. parent = $54,000
Federal tax rate = 35%
Tax on the dividend = $18,900 ($54,000 * 35%)
b) The dividend of $54,000 is a foreign-source income earned by a U.S. parent corporation. This is this amount that will be subject to tax in the U.S. and not the net income of the subsidiary.
Hey,
I am looking for scientific texts on the topic of knowledge management systems.
I am particularly interested in the related question:
Is it better for a company to use one common system or several? Have any of you read something like this somewhere?
Answers
1) Note that it is better for a company to use one common knowledge management system.
2) Yes, there are several related texts on Knowledge management. Some of them are:
Knowledge management software is a subset of corporate content management software, which includes a variety of software that specializes in the collection, storage, and/or access of knowledge.
Enterprise-wide knowledge management systems, knowledge work systems, and intelligent approaches are the three primary types of knowledge management systems.
Before determining whether to deploy a centralized or decentralized system, it is generally suggested to perform a thorough assessment of the organization's objectives and goals. Consider the amount and complexity of the knowledge to be handled, the level of cooperation necessary, and the requirement for accessibility and security.
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Determine the total expenses based on the following data
assets 72,000
owner's equity 70,000
revenues 20,000
liabilities 16,000
Answers
From the given data, it appears that the expenses result in a negative value of $-14,000. This indicates a deficit, which suggests that the company's liabilities and owner's equity exceed its assets.
To determine the total expenses based on the given data, we need to use the accounting equation: Assets = Liabilities + Owner's Equity. In this case, we are given the values of assets, owner's equity, and liabilities.
Assets = $72,000
Owner's Equity = $70,000
Liabilities = $16,000
Using the accounting equation, we can calculate the total expenses by rearranging the equation:
Expenses = Assets - Liabilities - Owner's Equity
Expenses = $72,000 - $16,000 - $70,000
Expenses = $-14,000
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50 POINTS
Country Q can produce 15 pairs of socks and 5 belts in one hour. Country Z can produce 20 pairs of socks and 20 belts in one hour. Which of the following terms of trade would be mutually beneficial to both countries?
1 belt for 2 pairs of socks
1 pair of socks for 2 belts
2 belts for 2 pairs of socks
1 belt for 5 pairs of socks
5 pairs of socks for 15 belts
Answers
Cause is the only even answer
Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed. Do accounting courses you took before help you better understand how to make cash budget and pro forma income statement and balance sheet? Explain.
Answers
Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.
Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:
Cash Budget: Accounting courses teach students about the importance of cash flow management and how to prepare a cash budget. Pro Forma Income Statement: Accounting courses teach students how to analyze historical financial data and use it to forecast future performance. Balance Sheet: Accounting courses provide a comprehensive understanding of balance sheets and their components. Students learn how to analyze assets, liabilities, and shareholders' equity to assess the financial position of a company.By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.
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The purchase price and all costs to bring an asset to its desired condition and location for use should be ______. expensed accrued capitalized. capitalized.
Answers
The purchase price and all costs to bring an asset to its desired condition and location for use should be capitalized.
This means that the costs are added to the cost of the asset and recognized as an asset on the company's balance sheet, rather than being recognized as an immediate expense on the company's income statement. By capitalizing these costs, the company can more accurately reflect the total cost of acquiring and preparing the asset for use over its useful life.
What is balance sheet?
A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. It shows the company's assets, liabilities, and equity, and provides information about how the company's resources are financed.
On a balance sheet, assets are what the company owns, such as cash, inventory, property, and equipment. Liabilities are what the company owes to others, such as loans, accounts payable, and accrued expenses.
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Complete question is: The purchase price and all costs to bring an asset to its desired condition and location for use should be capitalized.