Zimmerman Auto sells new and used cars. Its assets are as follows: (1) the showroom building, a separate building used to service customer cars, and various parking lots, (2) a nearby acre of land not currently used by the auto dealership, (3) new and used cars and trucks for sale to customers, and (4) a car that is used to provide rides to customers who prefer to wait at home while their cars are serviced. The assets that are classified as plant assets on the company's balance sheet include:
A. (1) and (2)
B. (1) and (4)
C. (1). (2), and (3)
D. (1). (3), and (4)

Answers

Answer 1

Answer:

B. (1) and (4)

Explanation:

Plant assets are tangible assets that have a useful life of more than 1 year, and are used by the company in its normal operations.

The cars available for sale are part of the inventory while the land is considered an investment. The only plant assets are the showroom and surrounding buildings, and the car that provides free rides to customers.


Related Questions

Mammoth Foods, a major agricultural corporation, recently purchased MJS Organic Foods Co. MJS was established six years ago and has become a major supplier to restaurants in the northeastern United States. The organic herbs, vegetables, and fruit market is expected to have a double-digit growth rate over the next decade. Under the Boston Consulting Group (BCG) Growth-Share Matrix, MJS would most likely be classified as a ________.

Answers

Incomplete question. The option read;

A) star

B) cash cow

C) dog

D) problem child

E) top gun

Answer:

A) star

Explanation:

Note, the Growth-Share Matrix is designed to assist companies in determining which among their investment portfolio is worth directing resources and capital into and that would be most profitable. It is represented in four quadrants.

Among all the quadrants, the Star quadrant is meant for investments with great future potential. We could recall that there's a positive projection for MJS, it was said that the "fruit market is expected to have a double-digit growth rate over the next decade." Hence,  MJS would most likely be classified as a star.

For Son's seventh birthday, Father bought Son a small bicycle at Hardware. The bicycle was manufactured by Bikeco. A week later, Son's sister, Sis, age 17, returned home from college for Thanksgiving vacation. Son asked Sis to get out his new bicycle so he could show her how well he could ride it. Sis went to the garage, sat on the bicycle seat and began to "walk" the bicycle between the two family cars and out of the garage. As Sis neared the doorway of the garage, the rod on which the seat was mounted snapped, causing Sis to fall backward over the bicycle and to suffer severe injuries. Friend, standing a few feet from Sis, was horrified and sickened as he saw what happened to Sis, but suffered no other harm. Most bicycle manufacturers make the supporting rods for seats from a metal which is much stronger for that purpose than the metal used by Bikeco. The use of the stronger metal increases the cost of manufacture by about $1.50 a bicycle. 23. If Sis asserts a claim against Bikeco based on strict liability in tort the likely result is Sis will: (A) recover, if use such as hers was foreseeable. (B) recover, because Bikeco can spread the risk of loss. (C) not recover, if the bicycle was intended for use by small children. (D) not recover, because the bicycle was purchased for Son.

Answers

Answer: (A) recover, if use such as hers was foreseeable.

Explanation:

Strict liability is when the manufacturer is still found guilty negligence even if they did not have the intent to to cause it or are at fault. One way to prove strict liability is to show that the manufacturer should have foreseen that their product would be used in such a way as to cause an injury.

In this case, the bicycle was made for a child as it was a small bicycle but if the sister can prove that Bikeco should have foreseen that the boy's siblings would ride the bicycle, she would recover costs.

The visual enhancement of any drawing through color, value, and texture

Answers

Answer:

That would be the composition of a work.

Source:

"The arrangement of elements within a work of art."

https://www.tate.org.uk/art/art-terms/c/composition

The Atlantic Company sells a product with a break-even point of 6,220 sales units. The variable cost is $83 per unit, and fixed costs are $217,700. Determine the unit sales price. Round answer to nearest whole number. $fill in the blank 1 Determine the break-even point in sales units if the company desires a target profit of $67,165. Round answer to the nearest whole number. fill in the blank 2 units

Answers

Answer:

a. Sales price per unit = $118

b. Break-even point in sales units = 8,139

Explanation:

a. Determine the unit sales price. Round answer to nearest whole number. $fill in the blank 1

Break-even point in sales units = Fixed costs / (Sales price per unit - Variable cost per unit) …………….. (1)

Substituting the relevant values from the question into equation (1) and solve for Sales price per unit, we have:

6,220 = $217,700 / (Seles price per unit - $83)

6,220 (Seles price per unit - $83) = $217,700

(6,220 * Sales price per unit) - (6,220 * $83) = $217,700

(6,220 * Sales price per unit) - $516,260 = $217,700

(6,220 * Sales price per unit) = $217,700 + $516,260

(6,220 * Sales price per unit) = 733,960

Sales price per unit = 733,960 / 6,220

Sales price per unit = $118

b. Determine the break-even point in sales units if the company desires a target profit of $67,165. Round answer to the nearest whole number. fill in the blank 2 units

Break-even point in sales units = (Fixed cost + Targeted profit) / Seles price per unit - Variable cost per unit) …………….. (2)

Substituting the relevant values into equation (2), we have:

Break-even point in sales units = ($217,700 + $67,165) / ($118 - $83) = $284,865 / $35 = 8,139

Community redevelopment programs are primarily directed towards _______. a. preventing pollution in commercial and residential properties b. improving property values by eliminating blighted buildings c. establishing basic sanitation in urban environments and communities d. cleaning up abandoned, unused, and polluted properties Please select the best answer from the choices provided A B C D

Answers

Answer:

d. cleaning up abandoned, unused, and polluted properties

Explanation:

Given that Community redevelopment programs are programs established to create sufficient urban cities such that there is adequate proper housing and a suitable living environment including improvement in economic opportunities, majorly for the lower and middle class.

Hence, in this case, the correct answer is that community redevelopment programs are primarily directed towards "cleaning up abandoned, unused, and polluted properties." This will help the urban centers to have adequate housing and suitable living area.

Answer:

D. cleaning up abandoned, unused, and polluted properties

Explanation:

edge 2022 verified I just did the quiz below have a nice day :) <3

please help! Marketing involves actions to build and maintain

Answers

Answer:

exchange relationships

Explanation:

Marketing involves actions to build and maintain exchange relationships. These are any and all relationships in which an individual is given something while expecting to receive something back in return such as a benefit, service, product, etc. This is what companies try to achieve with marketing. They try to get their product/services in from of as many people as possible, if these individuals like the product/service they will pay the company money in exchange for the product or service. If they end up liking the product or service they continue to purchase it in the future, therefore, the company builds an exchange relationship with these customers.

Identify the choice that best completes the statement or answers the question. The law of comparative advantage states that a nation is better off when it produces goods and services for which it has the comparative advantage. How is a comparative advantage obtained

Answers

Answer:

By producing a product with a lower opportunity cost

Explanation:

Given that the law of comparative advantage states that a nation is better off when it produces goods and services for which it has a comparative advantage.

To obtain a comparative advantage means "By producing a product with a lower opportunity cost."

This implies that while many nations can produce the same products, a particular nation will have the comparative advantage over other nations if its opportunity cost of producing that specific product is quite lower compared to other nations that ks capable of producing the same product.

Wilson Corporation sells an industrial solvent at a normal selling price of $100 per barrel. The variable cost per barrel is $40, and the company's total fixed cost is $900,000 per month. The company has excess capacity of 30,000 barrels per month. Management was recently contacted by a potential buyer with whom they had no prior experience. The buyer offered to buy a special order of 5,000 barrels at a discount price of $80 per barrel. The special nature of the order would increase variable costs associated with it by $10 per barrel over the normal variable cost. The special order would also increase fixed costs by $60,000. If the special order is accepted, operating income will increase by _________ $ .

Answers

Answer:

$ 90000

Explanation:

Given :

The normal selling price of an industrial solvent by Wilson Corporation = $ 100 per barrel.

The variable cost per barrel = $ 40

Total fixed cost of the company = $ 900,000 per month.

Number of barrels in excess = 30,000 per month

Number of barrels the buyer wants to buy = 5000 barrels

New fixed cost = $ 60,000

The increased variable cost is $ 10 per barrel over the normal variable cost.

Now if this special order is accepted, the operating income of the company would increase by an amount of $ 90,000.

Consider a zero-coupon bond with a $1000 face value and 15 years left until maturity. If the bond is currently trading for $431, then the yield to maturity on this bond is closest to __

Answers

Answer:

the yield to maturity is 5.77%

Explanation:

The computation of the yield to maturity is shown below:

Given that

FV = $1,000

PV = $431

PMT = $0

NPER = 15

The formula is shown below:

= RATE(NPER,PMT,-PV,FV,TYPE)

After applying the above formula, the rate of interest is 5.77%

Hence, the yield to maturity is 5.77%

Question A The company Ping Pong Ltd has a current account in the bank and approximately 33 cheques were withdrawn from the bank with the total amount of FJ$ 6.6 million. The money drawn bears the signature of Mr. X the managing director of the company who was authorized signatories to its cheques. The cheques are debited to the company current's account but indeed the cheques were not drawn by the company. The signatures were not signed by Mr. X they were forged by an account clerk, Mr Z. Mr Z opened an account which name similar to Real Suppliers' name and persuade Mr X to sign cheques in their favour by producing to him forged documents as evidence of transactions. i. Has the bank breached its duty of care to its customer, Ping Pong Ltd? ii. Has the customer breached its duty of care to its bank?

Answers

Answer:

Ping Pong Ltd

i. No.  The bank has not breached its duty of care to its customer, Ping Pong Ltd.

ii. No.  The customer, Ping Pong, has not breached its duty of care to its bank.

Explanation:

The breach occurred between Mr. Z. and Ping Pong.  Certainly, Mr. Z. breached his professional and fiduciary duty of care to Ping Pong, his employer.  By presenting forged documents as evidence of supply transactions, Mr. Z. has fraudulently defrauded his employer to the tune of $6.6 million.  It is the responsibility of Ping Pong to recover from Mr. Z. as soon as the fraud is discovered.

What does a money market account offer that a certificate of deposit (CD)
does not offer?
A. You make more money in interest.
B. You can withdraw money at any time.
C. You can open more than one money market account.
D. There is no difference between a money market account and a CD.

Answers

b you can withdraw money at any time.

Who would be most likely to work in the procurement department of a clothes department of a clothes manufacturer

Answers

Answer: A. Buyer

Explanation:

The options include:

A. Buyer

B Customer service adviser

C Delivery driver

D Machinist

The Procurement Department is simply the department that's responsible for supplies acquisition and also the acquisition of services.

The procurement department is responsible for establishing the purchasing policies of the company.

Based on the options given, the person who is likely to work in the procurement department of a clothes department of a clothes manufacturer is the buyer.

A newspaper columnist had an argument with a prominent town
businessman. She then wrote an article that wrongly accused him of having a
criminal history. This damaged his reputation. The columnist could be found
guilty of
A. conversion
B. libel
C. slander
D. assault

Answers

B. Libel, because she published a false statement about the businessman

Answer:

B. Libel, because she published a false statement about the businessmanExplanation:I just took the test

Martha and Oleg are competitors in a local market and each is trying to decide if it is worthwhile to advertise. If both of them advertise, each will earn a profit of $5,000. If neither of them advertise, each will earn a profit of $10,000. If one advertises and the other doesn't, then the one who advertises will earn a profit of $15,000 and the other will earn $7,000. To earn the highest profit, Martha

a. should advertise, and she will earn $5,000.

b. should advertise, and she will earn $15,000.

c. should not advertise, and she will earn $10,000.

d. has no dominant strategy

Answers

Answer:

d

Explanation:

Dominant strategy is the best option for a player regardless of what the other player is playing.

The payoffs for Martha if she advertises is either $5000 or $15000

if she does not advertise, it is either $10,000 or 7000

looking at these figures, there is no option that consistently yields a better option. thus there is no dominant strategy

If for example,

The payoffs for martha if she advertises is either $5000 or $15000

if she does not advertise, it is wither $3,000 or 7000

Advertising consistently yields a better option, thus her dominant strategy would be to advertise

Free cash flow (FCF) and net income (NI) differ in the following ways:
I) Net income accrues to shareholders, calculated after interest expense; free cash flow is calculated before interest.

II) Net income is calculated after various noncash expenses, including depreciation; FCF adds back depreciation.

III) Capital expenditures and investments in working capital do not appear in net income calculations; however, they do reduce free cash flows.

IV) Net income is never negative; free cash flows can be negative for rapidly growing firms, even if the firm is profitable, because investments can exceed cash flows from operations.

a.

I only

b.

I and II only

c.

I, II, and III only

d.

I, II, III, and IV

Answers

Answer:

c.  I, II, and III only

Explanation:

As we know that

Free cash flow = Earnings before Interest and Taxes ×  (1-Tax Rate) + Amortization and Depreciation expense - Change in Net Working Capital -Capital Expenditure

And, the Net income is determined after considering all cash and non cash expenses.

Therefore, I, II and III statements are considered

Hence, the option c is correct

A customer who places an order to buy an open-end investment company: A will buy at the market price at the moment the order was placed B must be delivered a prospectus at, or prior to, confirmation C must receive oral disclosure of any sales charge on the purchase D will receive a fill at the prior day's closing NAV Review

Answers

Answer:

B must be delivered a prospectus at, or prior to, confirmation

Explanation:

In the case when the customer wants to place an order to purchase an open end investment company so it must be delivered the prospectur or before that the confirmation is required for the same

Therefore as per the given situation, the option b is correct

And, the same is to be considered

Edna orders a set of china from Northwestern Catalog. Northwestern sends the dishes by UPS. The contract does not specify when payment is to be made. Edna must pay when: A. she orders the goods from Northwestern. B. she gets the goods from UPS. C. Northwestern takes the goods to UPS. D. she receives notification that the goods have been shipped..

Answers

Answer:

B. she gets the goods from UPS

Explanation:

In the given scenario, it is mentioned that edna orders a set of china from the catalog of north western The northwestern send the dished via UPS also the contract does not contain any date related to the payment so here edna should pay at the time when she received the goods from UPS as whenever she received she will pay the amount.

hence, the option b is correct

The following table shows the units of steel and personal computers a worker can produce per month in Germany and South Korea. Use this table to answer the question.

Tons of steel Personal Computers (PC)
Germany 40 10
South Korea 16 8
Which of the following statements about absolute advantage are true?

a. Neither country has an absolute advantage in the production of either good.
b. South Korea has an absolute advantage in the production of steel while Germany has an absolute advantage in the production of PCs.
c. Germany has an absolute advantage in the production of steel while South Korea has an absolute advantage in the production of PCs.
d. South Korea has an absolute advantage in the production of both steel and PCs.
e. Germany has an absolute advantage in the production of both steel and PCs.

Answers

Answer:

Option E

Explanation:

Absolute advantage means that with the same input one country is able to produce more goods and services as compared to the other.

As we can see, Germany is able to produce 40 tons of steel with the same inputs as that of South Korea.

In the same way, Germany is able to produce 10 personal computers with the same inputs as that of South Korea.

Hence, Germany has an absolute advantage in the production of both steel and PCs

Option E is correct

Which of the following is an example of a skill?
A. Programming
B. Caring for animals
C. Working with senior citizens
D. Family

Answers

the answer is A. programming

Answer:

I'm pretty sure its A

Explanation:

because all the other things are hobbies or you don't really have to train for them.

After years of using a mass marketing strategy, Precision Print Shop has responded to new competition from larger companies by focusing on small market segments that have been ignored by these competitors. Precision believes that by offering these market segments personalized customer service it can attract a loyal group of customers willing to pay premium prices. What is Precision's strategy known as

Answers

Answer:

niche marketing

Explanation:

Niche marketing is the type of marketing in which the promotion and the selling of the product and services are held for the specific section to be done. It focused on the particular market targets that could give the benefit from that specific product not with the overall market also this market would be high cost effective

SO according to the given situation, it is a niche marketing strategy

Marla always strives to excel in her career. Several years ago, she finished College, finally achieving a Ph.D. Although she works as an educator and has a secure position at an urban college, she does not hold a faculty position at a prestigious university. It is obvious to her colleagues that Marla is unsatisfied with her position at work. She constantly gives coworkers subtle reminders of her superior academic credentials and only participates in work activities where she will assume a leadership role. Analyzing Marla's situation using Maslow's hierarchy of needs, which of the following needs are unmet?

A. self-actualization needs
B. esteem needs
C. social needs
D. physiological needs

Answers

Answer:

B. esteem needs

Explanation:

Human behavior is driven by needs, one of which is a need for a sense of personal importance, value, or self-esteem.Esteem should include confidence, strength, self-confidence, personal and social acceptance and respect from others. These requirements are indicated as one of the key stages of achieving satisfaction or self-interviewing. While respect is an intrinsic quality, we are influenced by external factors, such as recognition and approval from our peers. There are many different examples of designers tapping into our respected needs, many of which we can find on social media sites.

Express the elements in pointwise which are required in employment notice​

Answers

It's too short. Write at least 20 characters to explain it well.

define protectionism​

Answers

Answer:

the theory or practice of shielding a country's domestic industries from foreign competition by taxing im

All of these are describing A) monopoly B) oligopoly C) perfect competition D) monopolistic competition

Answers

Answer:

C) Perfect Competition

Explanation:

Perfect competition is a situation in which all buyers and sellers are well informed and they are free to buy from anyone. There is absence of monopoly and prices of commodities are not fluctuated by the buyers and sellers will. There is very less or no competition among sellers because buyers are available in large quantity.

Adam was explaining security procedures to new interns at his firm. It was difficult for the interns to understand what Adam was talking about because he used technical language they weren't familiar with. Which strategy for presenting an effective training is Adam failing to use in the above situation

Answers

Incomplete question. The options;

A) Incorporate activities that directly involve the audience.

B) Explain how the information will help the audience.

C) Avoid jargon.

D) Compare unfamiliar concepts to familiar concepts.

Answer:

C) Avoid jargon.

Explanation:

Note, the term "jargon" basically refers to the use of highly complex or technical language in communication.

In this scenario, we observed that Adam did not take into consideration that the interns were unfamiliar with the complex terms he was using. Hence, an effective strategy he could have used in the above situation was to totally avoid the use of jargon in his communication with the interns.

1. A cylinder contains600cc of ideal gas at 27°C and 650mm of pressure At constant pressure, the
volume of gas at 0°C is
(1 Point)
273cc
546cc
819cc
1365cc​

Answers

Answer:

[tex]546\ \text{cc}[/tex]

Explanation:

[tex]V_1[/tex] = Initial volume of gas = 600 cc

[tex]V_2[/tex] = Final volume of gas

[tex]T_1[/tex] = Initial temperature of gas = [tex](27+273.15)\ \text{K}[/tex]

[tex]T_2[/tex] = Final temperature of gas = [tex](0+273.15)\ \text{K}[/tex]

We know that

[tex]V\propto T[/tex]

So

[tex]\dfrac{V_2}{V_1}=\dfrac{T_2}{T_1}\\\Rightarrow V_2=V_1\dfrac{T_2}{T_1}\\\Rightarrow V_2=600\dfrac{0+273.15}{27+273.15}\\\Rightarrow V_2=546\ \text{cc}[/tex]

The volume of gas at the given temperature is [tex]546\ \text{cc}[/tex]

Someone help me in my homework please?

Answers

Answer:

im sorryi wish i was good at math

Explanation:

im failing math btw

Some ways aptitude can be learned include
borrowing it
buying it
formal education
experience

Answers

Answer: formal education

experience

Explanation:

Aptitude could be described as the capability to learn a particular job or skill. The vital way of learning and aptitude is by formal education experience. Formal education experience is a structured system of learning whereby the students are trained by teachers for a certain period of time. The environment are a classroom type which involves the student making use of various learning material, the learning process cuts across various fields of life.

At the end of the year, Super Shipping has calculated its federal income tax amount for the year to be $10,000. Super Shipping has already made federal income tax payments in the amount of $4,000. How is the adjusting entry for Federal Income Tax Expense recorded on a multicolumn trial balance worksheet

Answers

Answer and Explanation:

The journal entry to record the federal income tax expense is shown below:

Federal income tax expense ($10,000 - $4,000) $6,000

        To Federal income tax payable $6,000

(being the federal income tax expense is recorded)

Here the federal income tax expense is debited as it increased the expense and credited the federal income tax payable as it increased the liabilities

TRUE OR FALSE
Democratic leaders encourage participation in decision making

Answers

Answer:

True

Explanation:

I don’t know but need points so true lol
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