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

Answers

Answer 1

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 investments, cash, inventory, vehicles, office equipment, buildings,machines, etc

Tangible assets are very important to businesses  as they

Help in business operations  to provide goods and servicesServe as collateral for loansIn 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: https://brainly.com/question/23469284


Related Questions

The curve most economists use to follow the relationship between the interest rates and bonds' time to maturity is the:

Answers

The answer here is ‘yield curve’.

Question 2 of 10
Which of the following are possible negative consequences of filing for
bankruptcy?
O A. Loss of employment
OB. Reduced and consolidated debt
O C. Increased credit score and reduction of debt
O D. Loss of property and lowered credit score

Answers

Answer:

D

Explanation:

The possible negative consequences of filing for bankruptcy is loss of property and lowered credit score. Option D is an appropriate response.

What is bankruptcy?

Through the legal process of bankruptcy, individuals or other entities that are unable to pay their creditors back can seek partial or complete relief from their debts. Bankruptcy is typically imposed by a court order that is frequently requested by the debtor. An organization files for bankruptcy when it is unable to pay its creditors or honor its financial commitments.

Bankruptcies are seen negatively by prospective lenders and are recorded as bad information on your credit report. If creditors discover a bankruptcy on your credit report, they can opt not to grant you credit or, if they do, they might do so with more expensive interest rates and unfavorable terms.

Your credit scores may suffer if you declare bankruptcy. Hence, the appropriate response is option D.

To learn more about bankruptcy

https://brainly.com/question/15277574

#SPJ5

Mr. Forest, a single taxpayer, recognized a $252,000 loss on the sale of Section 1244 stock. What is the character of this loss

Answers

Based on current tax laws, the character of this loss is $50,000 ordinary loss and $202,000 capital loss.

Tax laws stipulate that when it comes to losses from section 1244 stock, $50,000 is the maximum that can be stipulated for losses to a single person with the rest being treated as capital loss.

This means that $50,000 will be stipulated as ordinary losses here and the capital loss will be:

= 252,000 - 50,000

= $202,000

In conclusion, $50,000 is ordinary loss and $202,000 is capital loss.

Find out more at https://brainly.com/question/23917348.

If you don't meet a deadline at work, you could: *

Answers

Answer:

Failing to meet a deadline in the workplace may result in disappointing your co-workers, receiving a negative reaction from your boss, or even hurting your company as a whole. If you cultivate time management skills early, you will have a better chance of success in your future career.

To succeed in the future, marketing must ________. rely more on mass marketing become more holistic focus on free-spending be more departmental build brands through promotion rather than performance

Answers

Based on marketing strategies, to succeed in the future, marketing must become more holistic.

What is marketing?

Marketing is the process of promoting commodities and services in a way that results in to increase in its demands. It usually involves advertisements mad marketing research.

However, to be more successful in the future of the business, it is believed that marketing should become holistic and less departmental.

This implies that marketing should be carried out by every segment or unit of the business and not left to

marketing department alone.

Hence, in this case, it is concluded that the correct answer is option B. "become more holistic."

Learn more about the marketing process here: https://brainly.com/question/8181313

Check all of the perks a job might offer as incentives for potential applicants

A) gym membership
B) 401k investment plans
C) health benefits
D) child care services

Answers

Answer:C,D

Explanation:

C,d that is what he answers

The banking crisis of 2008 is quite interesting to analyze. The factors that led to this near banking collapse are intriguing to say the least. In this exercise you will be evaluating the factors that led up to the crisis and determining which ones could have created this scenario.

There is no simple answer to what led to the banking crisis, as there were many factors that contributed over a long period of time. Understanding the factors that led to the crisis is very important, as such an understanding will help regulators prevent similar situations in the future.

Please analyze the factors that are given to determine which ones could have potentially worked together to have created the banking crisis of 2008, and then place each factor in the category of either “Major Contributor” or “Little or No Contribution.”

Answers

Banking crisis of 2008 was due to thr global financial crisis that occure during the period

The global financial crisis was a severe worldwide economic crisis.

The financial crisis was rated the most serious financial crisis since after the Great Depression that happened in the 1920s to 1930..

1. Repeal of some provisions of the Glass-Steagall Act of 1933 is a Major contributor to the Banking crisis of 2008.

2. Savvy individual investors is not a Major contributor to the Banking crisis of 2008.

3. The Community Reinvestment Act (CRA)   is a Major contributor to the Banking crisis of 2008.

4. Borrowers’ lack of financial knowledge is a Major contributor to the Banking crisis of 2008.

5. The Troubled Asset Relief Program (TARP) is a not a Major contributor to the Banking crisis of 2008.

6. Mortgage-backed securities (MBSs) is a Major contributor to the Banking crisis of 2008.

7. Electronic Fund Transfer System (EFTS)  is not a Major contributor to the Banking crisis of 2008.

8. Looser governance of loan requirements is a Major contributor to the Banking crisis of 2008.

9. Loans with variable interest rates  is a Major contributor to the Banking crisis of 2008.

10. The creation of the FDIC is a Major contributor to the Banking crisis of 2008.

Read more about Banking crisis:

brainly.com/question/10565599

Answer:

Explanation:

quick way to get the answer your looking for took a pic of the diagram!

A method used for establishing a logical framework for identifying the required activities for the project is called

Answers

I think it's

Work breakdown structure.

________ are salespeople who sell a manufacturer’s products on an extended contract basis but are not employees of the manufacturer.

Answers

Answer:

manufacturer's representatives.

hope this helps! :)

Manufacture's sales representative are sales groups who sell a manufacturer’s commodities on a prolonged contract ground, but are not employees of the manufacturer.

Who is Manufacture's sales representative?

A manufacturers' representative is, in its most basic form, defines as someone who agrees to represent a firm and sell their product or service for a certain percentage fee.

He changes some basic commission on sale of the manufacture's product or commodity. Thai commission is also added to the price of commodity.

Sales organizations that market a manufacturer's commodities on a long-term contract basis, but are not employees of the manufacturer, are known as manufacturer's sales representatives.

Therefore, manufacture's sales representative is a person that sales the products on the behalf of manufacture.

Learn more about representative, refer to:

https://brainly.com/question/13246446

Daffy Duct, Inc. issued 10,000 shares of $1 par value common stock at $5 per share. The effect of this transaction on the accounting equation includes a ______. (Check all that apply.) Multiple select question. $50,000 increase in total assets. $50,000 decrease in total stockholders' equity. $10,000 increase in total assets. $50,000 increase in total liabilities. $10,000 increase in total stockholders' equity. $50,000 increase in total stockholders' equity.

Answers

The effect of this transaction on the accounting equation includes a:

$50,000 increase in total stockholder's equity, $50,000 increase in total assets.

The above means that Daffy Duct received $50,000 cash in exchange for ownership in common stock (10,000 shares at $5 each).  

Asset is what the company owns, while Equity (the difference between assets and liabilities or what it owes to the owners)

In the light of the above ,there is an increase in assets and increase the stockholder's equity.

learn more at : https://brainly.com/question/14103645

Identify four (4) different types of credit (purposes)

Answers

Answer:Revolving Credit. Charge Cards. Installment Credit. Non-Installment or Service Credit


If the price of tortillas is $1.20 per dozen, how many dozen will suppliers offer for sale?

Answers

Answer:

2,500

Explanation:

If+you+believe+you+have+a+60%+chance+of+doubling+your+money,+a+30%+chance+of+gaining+15%,+and+a+10%+chance+of+losing+your+entire+investment,+what+is+your+expected+return?.

Answers

Answer:

t low

Explanation:

instructions:wikarambulan is a sound like game. by saying\pronouncing and connecting the word, reveal the elements and factors of principles, tools and techniques in creating a business. write your answer on the blank space provided in the side of the paper.
1. IS TRE ENGCKS
2. OP FORTUNE NI TEAS
3. WEEK NEST CES
4.THREE EATS
5. IN DUST TREE
6. END BY RON MEANT ALL
7. PIE HAVE FOUR ZEST
8. ENCHO NO MEEK
9. SOAP FLYER
10. COST TOO MHER​

Answers

Answer:

1.strengths

2.opportunities

3.weakneses

4.threats

5.industry

6.environment

8.economic

9.supliyer

10.customer

According to recent research, 91 percent of businesses with 11 or more employees and 50 percent of those with 10 or fewer employees said they had a CRM system already in place, which represents impressive growth in usage over previous years.

Answers

The answer here is true.

If an economic crisis were to occur that caused a significant decline in the projected tax revenue for the biennium, the state legislature would likely deal with the shortfall by taking which steps

Answers

If a country is going through financial difficulty, there are several steps they can take including:

Reducing spending Delaying interest payments Using cash reserves

If a country sees that its taxes will not be enough to cover its obligations, it can reduce the amount it spends on goods and services so as to reduce its obligations.

Country can also increase the time taken to pay off debts so that they can divert cash to needed areas whilst waiting for things to be better.

Country can use cash reserves that it accumulated in one form or the other to weather the storm of reduced taxes.

In conclusion, the government can deal with tax shortage in several ways.

Find out more at https://brainly.com/question/14325722.

2 question 50 points PLUS Brainliest!

Question 1:
Shane is a trained firefighter for a county fire department. When someone reports that a fire is raging, Shane must respond to get everyone to safety. What talent would be helpful to Shane in his Career?
A. Shane is a methodical and likes to work alone.
B. Shane is persuasive and great at public speaking
C. Shame is calm and collected under pressure
D. Shane is artistic and plays several instruments

Question 2:
The governor of Virginia works as part of the local government.
True or false

Answers

Option b cuz she's going to inform the public about this so she needs to be a great public speaking

2. True

Answer:

option b

true

that is a answer please mark me as a branliest

Many online stream services allow customers to use their service of limited for 30 days. This strategy tries to increase the diffusion of a new format of using the service through increasing ________.

Answers

Answer:

trialability

Explanation:

trialability is the strategy used to try to increase the diffusion of new format using the service

Use the word SMART goal in a sentence:​

Answers

Answer:

He was the smartest kid in the class because he knew how to solve the hardest math problem on the worksheet.

Explanation:

Which statement explains a reason why the United States relies more heavily on expensive, high-tech medical treatments as compared to European countries

Answers

The main reason why the U.S. relies more on this is because the its health care costs are paid from a mixture of sources which leaves no single source primarily responsible for controlling health care costs.

In Europe, the countries does not rely more heavily on expensive and high-tech medical treatments as United States does.

In conclusion, the main reason why the U.S. relies more on this is because the its health care costs are paid from a mixture of sources which leaves no single source primarily responsible for controlling health care costs.

Read more about health care costs:

brainly.com/question/15314792

Once you are signed up for overdraft protection, you cannot opt out?
True or False​

Answers

The statement that once you are signed up for overdraft protection, you cannot opt out is false.

What is Overdraft protection?

Overdraft protection serves as an option that is been given by the bank accounts which prevents check, ATM as well as debit card transactions.

This protection helps the individual, from causing the account's balance to fall below zero.

It should be noted that with this protection, an overdraft fee or a non-sufficient funds can be triggered.

We can conclude that if you sign up for overdraft protection, you can as well opt out.

Learn more about overdraft protection at:https://brainly.com/question/1268151

cosy corner plc case study

Answers

Answer: https://www.igcsebusiness.co.uk/uploads/2/6/7/8/26787454/organisation_notes_final.pdf

Explanation:

which policy tools are considered automatic stabilizers?

Answers

In the fiscal policies of governments, automatic stabilizers are meant to correct and stabilize the fluctuations that arise within the economy of nations. The policy tools that are considered automatic stabilizers are;

A progressive income tax structure Government unemployment benefits

At times, the economy of a nation might experience shocks and destabilizations. These policy tools listed above are meant to generate taxes from the citizens that would cushion the effects of these shocks.

They help to increase the flow of money in the economy when it is passing through difficulties like recessions.

Learn more here:

https://brainly.com/question/24276941

Please help please please

Answers

Answer:

e you chose that includes at leasnts on your time line.) You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim

Explanation:

5. Submit a thematic time line for the theme yo You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim

the graph shows the curves facing a profit maximizing monopolistic competitor. label each curve with the appropriate term.

Answers

A monopoly is a market situation in which a good or service is offered by only one company. The existence of a monopoly presupposes that there are no other exchangeable products on the market for buyers.  

The conditions that can cause the creation of a monopoly are many: state legislation that prohibits other companies from operating in a market, the overwhelming superiority of a company over its competitors, the neutralization of rivals with appropriate strategies by the monopoly company, and special market characteristics that allow profitably running just one business, between others.

The monopoly company has the ability to influence the quantity or price of a good, as it wants, since it can and does control the market.

Learn more in https://brainly.com/question/5992626

The _____ must be prepared by the condominium owners association no more than 3 months prior to the date the completed certificate is delivered to the buyer.(a) Condominium Resale Certificate(b) Loan Assumption Addendum(c) Certificate of Reasonable Value(d) Title Commitment Letter

Answers

The Condominium Resale Certificate must be prepared by the condominium owners association no more than 3 months prior to the date the completed certificate is delivered to the buyer.

Custom Quilters makes decorative comforters, quilted garments, and other products in a small sewing factory. The company expects to make 2,000 comforters during the current year. With respect to the comforters, how would the hourly wages of sewing machine operators be classified

Answers

Based on the comforters, the hourly wages of sewing machine operators would be classified as:

Direct and Variable

According to the given question, we are asked to classify the hourly wages of sewing machine operators based on the decorative comforters.

As a result of this, we can see that because the company has a fixed number of comforters it wants to produce during the current year, then the hourly wages of the operators of the sewing machine can be classified as direct and variable.

Therefore, the correct answer is Direct and Variable

Read more here:

https://brainly.com/question/18364794

An analyst who wants to compare two companies based on their income statement information should prepare a _____ income statement.

Answers

Answer:

Classified (Or Multi-Step) Income Statement

Explanation:

A Classified Income Statement states the income a company has made in a certain time frame, including revenue, expenses, and profits of an organization or company.

An analyst who wants to compare two companies based on their income statement information should prepare a Classified (Or Multi-Step) Income Statement.

What is a Statement?

A statement, like "Pizza is tasty," is a declaration that something is true. In the fields of law, banking, and government, there are more types of statements. Every statement makes a claim or a point. If you see an accident, you have to tell the police what you observed in a statement.

Positive assertions are objective, as is positive reasoning more generally. They can be tested as a result. These can be divided into two groups. One is a claim, such as "a decline in GDP results in an increase.

Unemployment." By examining the GDP and unemployment statistics, this argument can be objectively tested. The second type is a factual remark, such as "It's raining" or "Microsoft is the world's largest manufacturer of computer operating systems."

To learn more about the Statement follow the link.

https://brainly.com/question/16661177

#SPJ2

Mary signed up and paid $1,320 for a 6 month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplets accounting records would indicate:

Answers

$300 of revenue, $600 of deferred revenue. (900* 2/6 of contract) = 300
(900 contract price paid in advance -$300 revenue recognized to date) =600

Mary signed up and paid $1,320 for a 6-month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplets accounting records would indicate 880.

What is accounting?

The financial statement of the transaction record is referred to as accounting. In essence, the procedure locates and measures the record. The company has a well-organized financial and record-keeping system.

$440 of revenue, $880 of deferred revenue.

(1,320 × 2/6 of contract) = 440

(1,320contract price paid in advance -$440 revenue recognized to date)

=880

As a result, Mary signed up and paid $1,320 for a 6 month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplets accounting records would indicate 880.

Learn more about on accounting, here:

https://brainly.com/question/22917325

#SPJ5

Maren received 10 NQOs (each option gives her the right to purchase 10 shares of stock for $8 per share) at the time she started working when the stock price was $6 per share. When the share price was $15 per share, she exercised all of her options. Eighteen months later, she sold all of the shares for $20 per share. What is the amount of Maren's bargain element

Answers

Based on the information given  the amount of Maren's bargain element is $700.

Using this formula

Bargain element=(Options received× Shares of stock × (Market price at exercise-Exercise price)

Where:

Options received=10

Shares of stock=10

Market price at exercise=$15

Exercise price=$8

Let plug in the formula

Bargain element=10 options× 10 shares× ($15  - $8 )

Bargain element=10 options× 10 shares×$7

Bargain element=$700

Inconclusion the amount of Maren's bargain element is $700.

Learn more about bargain element here:https://brainly.com/question/16179576

Other Questions
What did delegates for a strong national government believe? According to survey results from over 60,000 people in more than 50 countries who were asked to rank a series of 19 work goals, the top-ranking goal for professional technical personnel from various countries is _____. Multiple Choice training security autonomy benefits The length of a rectangle is three times its width. if the area of the rectangle is 75 in2, find its perimeter. How many sides does a regular polygon have if each interior angle measures 176^{\circ} Immigrants added to population growth of America in the late 1800s. True False Chitin is all of the following EXCEPT ________. Found in insect and crustacean shells Composed of N-acetylglucosamine subunits Composed of linear fibrils like cellulose Found in plant cell walls The amount of workers working on a task varies inversely as the amount of time it takes to finish the task. If 10 people can finish a task in 2 weeks, how many days will it take for 15 people to complete the same task?. Please help me with this!! - Solve: 5 - 2x < 7A) x < -1B) x > -1C) x < -12D) x > -12 Help.....Me...........PLEASE how do you solve this Put 62%, 0.71, 0.8, 5/8 in ascending order various studies have shown that medicaid expansion saves states money, because ______. How can someone be nominated as a presidential candidate? nterphase lasts for ________ of a cell's life. In year one the population of rabbits is 100. In year three the population is 300. Assuming the population is to go unchecked and is linear what will be the population in year 10? Construct a formula for this. Molly can received her weekly paycheck and she earned a total of $339.25. If she makes$14.75 per hour, how many hours, h. did she work? prosz o pomoc w napisaniu sprawozdanie pt. "Dziady" Mrs. Janssen has a class of 10 students. In her class, there are 4 boys and 6 girls. Mrs. Janssen chooses two students from her class randomly.What is the probability that she did NOT choose a boy either time? What is the main issue with traditional classification? Which of the following are elements? (Select all that apply.)NaH2OCKClGrade -5-