1) What is the difference between the functions o long-term operational assets and investments? 2) What...

1) What is the difference between the functions o long-term operational assets and investments?

2) What is the difference between tangible and intangible assets? Give an example of each?

3) Why would a company choose to depreciate one piece of equipment using the double-declining-balance method and another piece of equipment using straight-line depreciation?

Expert Solution

ekkarill92 answered 2 years ago

1. what is the difference between classification of a note as short term or long term?...

1. what is the difference between classification of a note as short term or long term? 2. at the beginning of year 1, B Co, has a note of $72,000 that calls for an annual payment of $16,246, which includes both principal and interest rate is 8 percent, what is the amount o finterewst expense in year 1 and in year 2? what is the balance of the note at the end of year 2? 3. What is the purpose...

1. What is the difference between a short and long-term asset? Provide an example of each...

1. What is the difference between a short and long-term asset? Provide an example of each one. 2. When we record an asset, what are the costs that are capitalized? 3. What are land improvements as it relates to tangible assets? Provide an example of one. 4. Some of the costs that can be incurred when buying an asset include property taxes, insurance. What type of taxes and insurance might be capitalized vs. expensed? Provide an example

Explain the strategic difference between short-term and long-term lobbying in the EU. What are the key...

Explain the strategic difference between short-term and long-term lobbying in the EU. What are the key institutions to approach for efficient EU lobbying? 150 words

Typical balance sheet classifications are as follows. a. Current Assets b. Long-term Investments ...

Typical balance sheet classifications are as follows. a. Current Assets b. Long-term Investments c. Property Plant & Equipment d. Intangible Assets e. Other Assets f. Current Liabilities g. Long-Term Liabilities h. Capital Stock i. Additional Paid-In Capital j. Retained Earnings k. Notes to Financial Statements Indicate by use of the above letters how each of the following items would be classified on a balance sheet prepared at December 31,...

1. What is the difference between term life insurance and whole life insurance? 2. What are...

1. What is the difference between term life insurance and whole life insurance? 2. What are non-forfeiture provisions? (Google: life insurance settlement options. http://www.investopedia.com/exam-guide/cfp/life-insurance/cfp6.asp (Links to an external site.)Links to an external site. ) 3. Name three settlement options. 4. What is the difference between a primary and a secondary beneficiary? 5. Name two ways to determine how much life insurance is appropriate for Petunia?

1. Explain the term “Equivalent units of Production” (EUP) 2. What is the difference between the...

1. Explain the term “Equivalent units of Production” (EUP) 2. What is the difference between the weighted average and the FIFO method as it relates to the calculation of EUPs? 3. Jackson Awards makes Trophies made of bronze, silver and gold. The trophies are similar with the exception of the materials used during the manufacturing process. Given this information; what type of costing system would you advise the company to use? 4. Why do we account for the units as...

Part 1 – Current and long-term investments: From the perspective of a potential long-term investor, describe...

Part 1 – Current and long-term investments: From the perspective of a potential long-term investor, describe what you might look for when examining the assets of a corporation. Include in your answer an understanding of how short-term assets and long-term operating assets are different and what role they each play in a company’s performance. Part 2 - What might the different asset balances indicate to you as they change from year-to-year? Part 3 - What relationships would you look for...

Chapter 11 1) What is the difference between the short run and the long run? 2)...

Chapter 11 1) What is the difference between the short run and the long run? 2) What is the law of diminishing returns? Why is this proposition called a "law"? 3) What are the two components of a firm's total cost in the short run, and what are their definitions? 4) What is the difference between average total cost and marginal cost and are they ever equal to each other?

Determine the following 2021 balance sheet items: 1. Current assets 2. Shareholders’ equity 3. Long-term assets 4. Long-term liabilities

The current asset section of the Excalibur Tire Company’s balance sheet consists of cash, marketable securities, accounts receivable, and inventory. On December 31, 2021, the balance sheet revealed the following: Inventory ................................$ 840,000 Total assets .........................$ 2,800,000 Current ratio ...................................2.25 Acid-test ratio ...................................1.2 Debt to equity ratio .........................1.8 Required: Determine the following 2021 balance sheet items: 1. Current assets 2. Shareholders’ equity 3. Long-term assets 4. Long-term liabilities

what is the difference between bussiness (operational) risk and financial risks?

Question