Over the past several decades, the role of human resource management has become more _________ and less _________.

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Answer 1

Over the past several decades, the role of human resource management has become more focused  and less outdated.

How has the role of human resources management changed?

Human resources role is one that has now been altered to become a lot more strategic and aligned in regards to the business objectives.

The role has been altered so as to be able to implement some measures of talent strategies as well as support business results. Human resource professionals is now made up of a lot of roles.

Human resource managers often work together with those of departmental supervisors and top management in handling the business's most important assets which is the people.

Therefore, Over the past several decades, the role of human resource management has become more focused  and less outdated.

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Related Questions

Accrued expenses are expenses incurred that are not yet paid or recorded. An adjusting entry made to record an accrued expense.

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Unpaid or unrecorded charges are referred to as accrued expenses. An adjusting entry is one that reduces income and increases liabilities by recording an incurred expense.

An expense that is recorded on the books before it has been paid is referred to as an accumulated expense, also known as accrued liabilities. An estimated expense may not match the supplier's invoice, which will arrive at a later time. According to the accrual method of accounting, costs are recorded as incurred rather than as paid when they are actually incurred.

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When aristotle said that private property is more highly productive than communal property, he was advocating for.

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When Aristotle said that private property is more highly productive than communal property, he was advocating for individualism.

What is individualism?

This is the term that is used to refer to the social theory that advocates that the people have to be in charge of the freedom of action instead of the state or the nation being in charge of it all. Aristotle was one of the olden days philosophers.

Hence we can say that When Aristotle said that private property is more highly productive than communal property, he was advocating for individualism.

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Your company is migrating its services to the aws cloud. the devops team has heard about infrastructure as code, and wants to investigate this concept. which aws service would they investigate?

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AWS CloudFormation is a service that helps you model and set up your Amazon Web Services resources so that you can spend less time managing those resources and more time focusing on your applications that run in AWS.

What is AWS?

The most complete and widely used cloud platform in the world, Amazon Web Services (AWS), provides over 200 fully functional services from data centers across the world. Millions of clients use AWS to save costs, increase agility, and accelerate innovation, including the largest corporations, most successful governmental organizations, and the fastest-growing startups.

the majority of capacity

Compared to other cloud providers, AWS offers a significantly greater number of services and features within those services, ranging from infrastructure technologies like computing, storage, and databases to cutting-edge technologies like artificial intelligence, machine learning, data lakes, and the Internet of Things. As a result, moving your current applications to the cloud is quicker, simpler, and more cost-effective, and you can construct almost anything you can think of.

largest consumer and partner community

With millions of active customers and tens of thousands of partners worldwide, AWS has the largest and most vibrant community. Every conceivable use case is being performed on AWS by customers from almost every industry and of every size, including startups, large corporations, and government agencies. Tens of thousands of independent software vendors (ISVs) and thousands of systems integrators who specialize in AWS services make up the AWS Partner Network (APN). ISVs adapt their technology to work on AWS.

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______ budgeting is the process of planning and managing a firm's long-term assets.

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The act of planning and managing a company's long-term assets is known as "capital budgeting."

What is Long-term assets?

Assets that a company may foresee utilizing, replacing, or turning into cash after the ordinary operational cycle of at least 12 months are referred to as long-term assets, also known as fixed or capital assets. They usually remain in use for many years. This distinguishes them from current assets, which companies typically exhaust within a year of purchase. Since they are more difficult to convert into cash than current assets, they are frequently referred to as illiquid assets. The balance sheet also displays long-term assets in addition to current assets. They collectively represent all of a company's assets. The portion of long-term assets used annually is reflected on the income statement for that time period, either as amortization expenses for tangible and intangible assets or as depletion expenses for natural resources.

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Nellie recently sold her old laptop directly to a student from different country using an e-commerce website. the website she used runs on b2b model.
a. true
b. false

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False, Nellie recently sold her old laptop directly to a student from different country using an e-commerce website. the website she used runs on b2b model.

Generally, secure websites use encryption and authentication standards to safeguard the confidentiality website of web transactions. Currently, the foremost commonly used protocol for web security is TLS, or Transport Layer Security. This technology continues to be commonly observed as SSL, or Secure Sockets Layer, a predecessor to TLS.

The company charges sellers fees to list an item for purchase or transaction costs supporting the ultimate value of the item at the successful completion of an website auction. As anyone who's paid eBay's 10% listing fees can attest, that market share allows the corporation to create an absurd amount of cash.

Fortunately, there are two quick checks to assist you to be certain: examine the uniform resource locator (URL) of the web site. Online Auctions Definition: Virtual auctions on the web. the vendor sells the merchandise or service to the one who bids the best price. For sellers, online auctions open up new sales channels for brand new products and offer buyers favorable purchasing conditions.

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Speedee snoboards, inc., refuses to sell its products to timber mountain wintersports stores, inc., a retail snowboard dealership. this is:_______

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Refuses to sell its products to timber mountain winter sports stores, inc., a retail snowboard dealership. this is:  a unilateral refusal to deal

How do franchises work?

Dealers are people who buys goods or products from manufacturers or retailer and sell them off. In layman's terms, a dealer is someone who trades a particular product or item. Sometimes, Franchise  also act as a middleman between the provider and buyer, although they are different as they  attract consumers.

What is the point of dealership?

The franchise arranges financing, collects taxes, handles the state registration, and offers an chance to see and drive various models before making a resolution . It will take your old car on trade and stands ready to provide factory-warranty service and handle recalls.

A unilateral refusal to deal :

A unilateral refusal to deal may take on another  meaning, however, when it is a monopolist that does the decline , particularly if the rejection in some way shores up the monopoly. And a concerted refusal to deal may indeed be a spurn  that the antitrust laws condemn per se.

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The quantity of products that people are willing to buy at different prices at a specific time is called:__________

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The quantity of products that people are willing to buy at different prices at a specific time is called quantity demanded.

Quantity demanded is a term which is used in economics to describe the total amount of goods and services which the  consumers demand over a given period of time.

It depends upon the price of a good and  service in the marketplace, regardless of whether the market is in equilibrium or not.

The relationship between the quantity demanded and the price of the good is known as the demand curve or in other words it can be  the demand.

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There are four primary financial statements of a proprietorship? the income statement, the statement of owner's equity, the balance sheet, and the statement of cash flows.

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It is True that there are four primary financial statements of a proprietorship which are  the income statement, the statement of owner's equity, the balance sheet, and the statement of cash flows.

What is financial statements?

Financial statements can be described as essential part of the financial environment which is a written records that convey the business activities as well as  the financial performance of a company.

It should be noted that the  Financial statements are been  audited by government agencies as well as the  accountants, so as to be able to determine the accuracy and for tax as well as  financing, or investing purposes.

In conclusion, It is True that there are four primary financial statements of a proprietorship which are  the income statement, the statement of owner's equity, the balance sheet, and the statement of cash flows.

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COMPLETE QUESTION

True or false There are four primary financial statements of a proprietorship? the income statement, the statement of owner's equity, the balance sheet, and the statement of cash flows.

Unrestricted foreign trade may allow foreign governments to subsidize exports or foreign producers to engage in?

Answers

Dumping is the term for this.

the required details about dumping is mentioned below

Why Do People Dump?

The term "dumping" is used in relation to international trade. It occurs when a nation or business exports a good at a price that is lower on the international market than it is on its home market. Dumping frequently jeopardizes the financial viability of the product's manufacturer or producer in the importing country because it typically entails significant export volumes of a product.

Dumping happens when a nation or business exports a good at a cost that is less expensive in the foreign market than it is in the exporter's home market.

The ability to flood a market with goods at prices that are frequently thought to be unfair is the main benefit of dumping.

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Government regulations require publicly traded firms to provide information, reducing
a. the need for diversification.
b. the adverse selection problem.
c. economies of scale.
d. transactions costs.

Answers

Government regulations require publicly traded firms to provide information, reducing the adverse selection problem. (option b)

What is adverse selection?

Adverse selection is one of the effect of information asymmetry. Information asymmetry is when one of the parties to a transaction has more information than the other party.

Adverse selection is when either the buyer or the seller has more information about a product and uses this information to their advantage.

For example, a publicly traded firms is undergoing is unprofitable. If they were not required to provide information, there is the possibility that they would be able to deceive potential investors into thinking they are profitable. When investors invest, they would earn losses on their investment.

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If velocity and aggregate output are reasonably constant, what will happen to the price level when the money supply?

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If velocity and aggregate output are reasonably constant, what will happen to the price level when the money supply  The price level quadruples.

How does money collection affect price level?

There is a direct connection between the money supply in the economy and the level of prices of goods and benefits sold. If we expand the money supply in the left-hand side of the equation, the middle price level will grow at the similar pace, which we can follow clearly from the market condition.

How does velocity of money influence inflation?

If the velocity of money is increasing, then the speed of circulation is an arrow that transactions between someone's are occurring more frequently. A higher velocity is a sign that the same amount of money is being utilized for a number of transactions. A high velocity suggests a high degree of inflation.

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as part of a plan to emphasize a dynamic corporate culture at the gagnier and morris advertising company, kiran has done away with traditional cubicles and replaced them with open-area "hot desks."

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Hot desks create a non territorial environment

Areas that aren't designated to certain persons are called "hot desks." Instead, when each individual need one, they each take a desk. Hot desks foster a collaborative, nonterritorial workplace that stresses change. However, because the hot desks are concentrated in one area, such a workspace is hardly an illustration of globalization. Additionally, nonterritorial offices do not require a diversified staff. Nonterritorial offices are a type of workplace where every person is free to choose where they wish to sit, depending on their requirements at the time and the task at hand. They can pick a location with more people in a "hot desk" or open space if the task requires it, or they can find a spot that is quieter.

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A decrease in the price of wheat will ______ the equilibrium price of and ______ the equilibrium quantity of .

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A decrease in the price of wheat will decrease the equilibrium price of and increase the equilibrium quantity of In a competitive equilibrium, supply equals demand.

What is Equilibrium price?

An equilibrium price is a harmony between request and supply factors. There is an inclination at costs to get back to this equilibrium.

Monetary equilibrium is a condition or state where financial powers are adjusted. Basically, monetary factors stay unaltered from their equilibrium values without any outer impacts.

Market equilibrium for this situation is a condition where a market price is laid out through contest to such an extent that how much labor and products looked for by purchasers is equivalent to how much labor and products created by merchants.

Therefore This price is many times called the cutthroat price or market clearing price.

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Which group of stakeholder's primary intersts include professional associations, ethical recycling, and increasing employment?

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A community group of stakeholders' primary interests include professional associations, ethical recycling, and increasing employment.

Who are stakeholders?

A stakeholder is a party with an interest in a business who has the potential to influence or be affected by it. A typical corporation's investors, employees, clients, and suppliers make up its main stakeholders.

However, the idea has been broadened to encompass communities, governments, and trade groups as a result of the growing focus on corporate social responsibility.

An organization's stakeholders may be internal or external. Internal stakeholders are those who have a direct interest in a firm, such as through employment, ownership, or investment.

External stakeholders are those who don't work for a company directly but are still impacted by its decisions and results. Public organizations, creditors, and suppliers are all regarded as external stakeholders.

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If your job at the company is to improve existing products, you are probably using the ________ strategy.

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If your job at the company is to improve existing products, you are probably using the development strategy.

What is the development strategy?

This is the term that is used to do with the actions that would involve the research and the identification of the strategic options in the business. It has to help in such a way that it would provide the resources that would help in the achievement of objectives.

Hence we can say that If your job at the company is to improve existing products, you are probably using the development strategy.

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The extra cost associated with undertaking some action is its? marginal benefit. marginal cost. net cost. total cost.

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The extra cost associated with undertaking some action is its marginal cost. (second option)

What is marginal cost?

Marginal cost is the additional cost generated when output is increased by one unit. Marginal cost is derived by dividing the change in total cost by the change in total output.

For example, if the total cost of producing 10 units of a good is 100 and the total cost of producing 12 units is 120.

Marginal cost : change in total cost / change in output

Marginal cost : (120 - 100) / (12 - 10) = 10

Marginal cost and marginal benefit are used in managerial economics to analyse the economies of scale to optimize production and overall operations. Marginal benefit is the change in total benefit when output is increased by one unit.

Production is optimised if marginal cost is less or equal to marginal benefit. If this is not the case, production is not efficient and production should be reduced until efficiency is attained.

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A company exhibiting a high liquidity ratio is likely to have enough resources to pay off its short-term obligations. True or false?.

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True, a company exhibiting a high liquidity ratio is likely to have enough resources to pay off its short-term obligations.

A company's liquidity reflects its capacity to settle its debt payments, or current liabilities, without resorting to borrowing money from outside sources or raising external capital. When a corporation has high liquidity, it can easily pay its short-term obligations; in contrast, when it has insufficient liquidity, it may soon go bankrupt.

Anything above 1 is considered to be a good liquidity ratio. It suggests that the company is in sound financial standing and is less likely to have financial difficulties. The business's safety margin to cover its present liabilities increases as the ratio rises.

Therefore, the answer is True.  

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Under an abc system, overhead costs are allocated to the products using a two-stage process. what happens during the second stage of that process?

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Using activity rates and activity measurements, we distribute the costs in the activity pools across the items.

What is meant by ABC system?

Using the activity-based costing (ABC) method, overhead and indirect expenses are allocated to linked goods and services. In contrast to conventional costing techniques, this accounting method of costing acknowledges the connection between costs, overhead activities, and manufactured goods, allocating indirect costs to products less randomly. However, some indirect expenditures, such the salary of the management and office personnel, are challenging to relate to a specific product.

Since activity-based costing (ABC) improves the dependability of cost data, it produces virtually true costs and more accurately categorizes the costs spent by the company during its production process. ABC is mostly utilized in the manufacturing industry.

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How would an additional cash recovery of a previously written-off account receivable effect the average collection period?

Answers

The income statement is unaffected by the recovery of an uncollectible account when the allowance technique is applied. Only cash, provision for doubtful accounts, and accounts receivable are impacted. The collection results in an increase in operating cash flow.

What is Average Collection Period?

The average collection period is the length of time it takes for a company to obtain accounts receivable payments due from its clients (AR). To make sure they have enough cash on hand to cover their financial responsibilities, businesses employ the average collection period.

For businesses that largely rely on receivables for their cash flows, the average collection period is a crucial number since it shows how well a company manages its accounts receivable.

An accounting indicator known as the average collection period is used to show the typical number of days that pass between the date of a credit sale and the day that the buyer submits payment.

The success of a company's AR management strategies can be determined by looking at its average collection period. For operations to run successfully, businesses must be able to control their typical collecting period.

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The _________ was created in order to alert insurer home office underwriters of errors, omissions, or misrepresentations made on insurance applications.

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The MIB was created in order to alert insurer home office underwriters of errors, omissions, or misrepresentations made on insurance applications.

What is medical coverage?

Medical and health-related expenses are covered by a type of insurance coverage called health insurance. Regular care, medical emergencies, and chronic illness management are all partially or fully covered by health insurance. In the US, health insurance is frequently offered by employers as a benefit package, while Medicare and Medicaid offer health insurance to the elderly and others with low incomes.

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The entry to record the sale of services for cash includes a ______.

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The entry to record the sale of services for cash includes a Debit to cash

Credit to service revenue

    The foundation of a business's double-entry accounting system is debits and credits. Credits represent funds deposited into an account, whereas debits indicate funds withdrew from one. At least one debit and one credit in equal but opposite amounts must be recorded to the business's accounting ledger for each financial transaction conducted by the company.

Debits and credits are used by bookkeepers and accountants to balance each recorded financial transaction for specific accounts on the balance sheet and income statement of the organization. In a double-entry accounting system, the employment of debits and credits enables the company to more quickly balance its books at the conclusion of each time period.

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The following accounts have normal credit balances? a. liabilities b. revenues c. assets d. all of the listed accounts have a normal debit balance.

Answers

So the correct option is D, Because increases in any account are often bigger than (Financial Statement) losses accounts with normal balances are on the side where increases go.

What is Financial Statement?
Financial statements are written documents that convey the business activities and the financial performance of a corporation. The balance sheet, income statement, statement of cash flow, and statement of changes in equity are the four primary financial statements for for-profit entities. Nonprofit organizations employ a comparable but different set of financial statements.

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In the role of ______, managers seek to improve their businesses, adapt to changing market conditions, and react to opportunities as they present themselves.

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In the role of entrepreneur, managers seek to improve their businesses, adapt to changing market conditions, and react to opportunities as they present themselves.

Managers who play the part of entrepreneurs work to make their companies better, adjust to shifting market conditions, and take advantage of opportunities as they arise.

Implementing strategies for bringing about change, managing change, and assisting people in adapting to change is the goal of change management.

A manager is responsible for tasks like staffing, directing, controlling, and planning. All of these tasks are crucial for successfully managing an organization and accomplishing corporate goals. Setting goals and developing techniques for synchronizing activities both involve planning.

Managerial positions that require managers to make thoughtful, timely judgments for the benefit of the organization are known as decisional roles.

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If an investor can use accounting information for two different companies to evaluate the types and amounts of expenses, the information is said to have the quality of:______

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Still, the information is said to have the quality of the community, If an investor can use counting information for two different companies to estimate the types and quantities of charges.

Community: is the degree of standardization of account data that enables the comparison of the fiscal accounts of several enterprises. The druggies of fiscal statements demand this, which is an abecedarian demand of fiscal reporting

If an investor can use accounting information for two different companies to evaluate the types and amounts of expenses, the information is said to have the quality of Comparability.

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When the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is:_________

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When, at every stage of production, the opportunity cost of producing more of one article or service relative to another is constant, then the production possibility frontier is rightward

Production-possibility frontier:

The term "production-possibility frontier" (PPF), "production possibility curve" (PPC), or "transformation frontier" refers to a graphical representation of all the output options for two products that can be produced using all factors of production, with the resources available being fully utilised. It illustrates several ways that two things can be produced in combination using the available resources and technology. A PPF shows a number of economic concepts, including the opportunity cost (or marginal rate of transformation), productive efficiency, and resource scarcity (the fundamental economic problem that all societies face).

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The goodyear tire company is organized by regions: north america, europe, middle east and africa, latin america, and asia pacific. these divisions of goodyear are called:_______

Answers

The Goodyear tire company is organized by regions: North America, Europe, the middle east and Africa, Latin America, and the Asia Pacific. these divisions of Goodyear are called Segments.

What is a business segment?

A business segment is a section that derives income through the sale of a product, a line of products, or a service unrelated to the main area of concentration for the company. Market segmentation is the process through which a company divides its target market into more manageable portions or units. In an effort to successfully target each target market, the company takes this action.

Market segments can be seen in the divide formed by Goodyear tires.

A business sector is a division of an organization that can be recognized by the goods, services, or areas of operation it offers. In other terms, it is a specific area of a business that can be clearly distinguished from the entire corporation based on its clients, offerings, or markets.

Companies are frequently divided into business segments by management to determine which sections of the firm are operating well and which areas require development. In periods of poor economic growth, management also divides firm performance into sectors to decide whether to stop operating in particular markets or eliminate departments entirely.

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To use the _____ method, a company must maintain records of inventory and purchases at cost and at current selling price.

Answers

To use the retail inventory method, a company must maintain records of inventory and purchases at cost and at current selling price.

What is the Retail Inventory Method?

The retail inventory method is a method of accounting used to analyse the value of a store's merchandise. The retail method gives the ending inventory balance for a store by calculating the cost of inventory similar to the price of the merchandise.

What are benefits of the retail inventory method and how is it applied?

The main benefits  of the retail inventory method lies in its simplicity. It's a quick calculation that can give you an probable  of how much inventory you have. This can help  you in taking decisions when it comes to purchasing and budgeting.

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Three unrelated owners took title to a warehouse building as joint tenants. one of the owners died testate. the remaining two owners now own the building?

Answers

The two remaining owners now own the building as joint tenants after the death of one of the owners.

In this question we know that the owners were not related in blood with each other thus,

Kinship laws don't matter because the three owners are not related to each other,

If one of them dies, the remaining owner will be the owner of the land jointly and severally,

The deceased's will also plays no role because co-location rules automatically divide the property between the two remaining joint tenants.

hence, the remaining two owners will now be joint tenants.

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The cost of a plant asset includes the following? depreciation expense disposal cost purchase price cost to prepare it for use

Answers

TRUE, the cost of a plant asset includes depreciation expense disposal cost purchase price cost to prepare it for use.

The monetary value of an asset decreases over the years because of use, wear and tear or obsolescence. This lower is measured as depreciation. Description: Depreciation, i.e. a lower in an asset's cost, can be as a result of some of other factors as nicely including detrimental market conditions, and so on.

Depreciation represents the predicted discount in cost of a hard and fast property within a fiscal yr. Tangible belongings, along with homes, systems, cars and so forth, are purchased in massive lump sums.

An example of Depreciation – If a shipping truck is purchased by using a business enterprise with a fee of Rs. 100,000 and the expected usage of the truck are five years, the commercial enterprise may depreciate the asset under depreciation cost as Rs. 20,000 every 12 months for a duration of 5 years.

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Answer: Purchase price and the Cost to prepare it for use. That is the correct answer.

Explanation: The cost of a plant asset includes all necessary and reasonable expenditures to acquire it and prepare it for its intended use.

Rush company had net income of $192 million and average total assets of $1,950 million. its return on assets (roa) is:________

Answers

Rush company had net income of $192 million and average total assets of $1,950 million. Its return on assets ROA is 0.0985. Return on assets = Net income / average total assets. $192 million / $1,950 million = 0.098

ROA in investments. ROI is decided by watching the profits generated through invested capital while ROA is found by Rush company gazing company profitability after the acquisition of assets like manufacturing equipment and technology.

ROA shows the number of profit created by business investments from major shareholders. ROI measures the share return on an investment, while ROE measures the share return on the Rush company equity that has been invested. Return on assets (ROA) could be a measure of how efficiently a corporation uses the assets it owns to come up with profits.

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