Which of the following describes an intangible asset? Question 11Select one: a. Office building b. Inventory c. Accounts receivable d. Equipment
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Which of the following describes an intangible asset?
Question 11Select one:
Office building
Inventory
Accounts receivable
Equipment
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Solved in 2 steps
- WindCo Inc. owns several delivery vans that could be sold very quickly in the event that the company runs into financial trouble. These delivery vans should be considered ______. Question 38 options: A) long-term assets B) fixed assets C) current assets D) current liabilities E) accounts receivable7.4 Milwaukee Surgical Supplies Inc. has gross sales for the year of $1,200,000. The collections department estimates that 30 percent of the customers pay on the tenth day, 40 percent pay on the thirtieth day, and the remaining 30 percent pay, on average, on the fortieth day after the purchase. (Assume 360 days per year.) What is the firm’s average collection period? What is the firm’s current receivables balance? What would the firm’s new receivables balance be if Milwaukee Surgical toughened up on its collection policy, with the result that the 70 percent of customersthat did not pay by the tenth day paid on day 30? Suppose that the firm’s cost of carrying receivables was 8 percent annually. How much would the toughened credit policy save the firm in annual receivables carrying expense? (Assume that the entire amount of receivables has to be financed.)Please do not give solution in image format thanku 1. Current total inventory level (I E) of a company is 10,000 units, which are held at 4 different facilities (n E). Next year, the company plans to open 12 new facilities. Provide an estimate on the total future inventory level (I F) for the company. a. 60,000 units b. 10,000 units c. 40,000 units d. 20,000 units e. 17,321 units
- Question 15 Discontinuity created by new technology a.shows the amount of effort required to measure new technology B.shows the gap between the old technology and new technology C.shows the amount of capital required to implement new technology D.shows the amount of effort required to use old technology QUESITON 16 Quantity discount model is an inventory management model where A.The cost per unit decreases as production quantities increase B.Used to determine the optimal order quantity C.The price per unit decreases as order quantities decrease D.Used to determine the economic order quantity Question 17 In strategy formulation, which of the following processes answers the question "How will the firm compete"? A.Deploying the strategy B. Defining the primary tasks C.Positioning the frm D.Determining the order winners and order qualifersCapital items are long-lasting goods that facilitate developing or managing the finished product. They include two groups: installations and ________. Question 19Select one: a. component materials b. operating supplies c. equipment d. natural products e. none of the abovea. Meaning of ABC analysis?
- It might be sensible for a company to benchmark each of its sales reps against: O its other sales reps competitors sales reps sales reps of a firm in a different industry all of the above are true QUESTION 2 Capital sources include: O profits loans stocks all of the above QUESTION 3 The most useful brejakdown of data in a sales analysis is by: O product, package size, grade, or color O customer type geographic region any or all of the above depending on the situation QUESTION 4 Which of the following is NOT a way to stimulate profit growth? O do a better job of holding onto customersQ.1. a) Explore the security concerns commonly associated with warehousing and inventory operations b) Explore how managers can go about resolving the above mentioned security issues in (a)?Subject: accounting
- 43 Basic break-even analysis typically assumes that: Select one: a. costs increase in direct proportion to the volume of production, while revenues increase at a decreasing rate as production volume increases because of the need to give quantity discounts. b. all are assumptions in the basic break-even model c. revenues increase in direct proportion to the volume of production, while costs increase at a decreasing rate as production volume increases. d. variable costs and revenues increase in direct proportion to the volume of production. e. both costs and revenues are made up of fixed and variable portions.Question 1: What is “The additional cost required to establish separate departments for warehousing, shipping and inventory control is considered a necessary cost for the added benefit of control over inventory.” Discuss this statement in the light of existing revenue cycle of RCE Limited. please find the document attached for more info.PROBLEM 3-1 Analyzing transactions into debit and credit parts Joan Weber owns a business called Lawns Plus. Lawns Plus uses the following accounts: Joan Weber, Drawing Sales Advertising Expense Miscellaneous Expense Rent Expense Repair Expense Utilities Expense Cash Accounts Receivable-Central Properties Accounts Receivable-Clifton Care Center Supplies Prepaid Insurance Accounts Payable-Davis Office Supplies Accounts Payable-Huff Supplies Joan Weber, Capital Instructions: Use the forms given in the Extra Problems Working Papers. 1. Prepare a T account for each account. 2. Analyze each transaction into its debit and credit parts. Write the debit and credit amounts in the proper T accounts to show how each transaction changes account balances. Write the date of the transaction in parentheses before each amount. Transactions: June 1. Joan Weber invested $8,000.00 cash in the business. 2. Bought supplies and paid $ 120.00 cash. 3. Paid cash for rent, $ 400.00. Sold services for cash, $…
