Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

The long term assets that have no physical existence but are rights that have value is known as (A) Current assets (B) Fixed assets (C)

The long term assets that have no physical existence but are rights that have value is known as

(A) Current assets

(B) Fixed assets

(D) Investments

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Information for Decisions

Authors: John Wild

7th edition

78025893, 978-0078025891

More Books

Students also viewed these Accounting questions

Question

★★★★★

The following histogram summarizes the salaries (in $1,000,000s) for the 30 highest-paid players in the National Basketball Association (NBA) for the 2012 season (www.nba.com, data retrieved March...

Answered: 1 week ago

Question

★★★★★

3 How do the stages that a company goes through evolve as its operations become more globalized?

Answered: 1 week ago

Question

★★★★★

4. Obey all school rules. This reminds students that all school rules apply in your classroom. Then students cannot claim, for example, that they thought it was okay to chew gum or listen to music on...

Answered: 1 week ago

Question

★★★★★

A design engineer at Sperling Manufacturing, a supplier of high-quality ball bearings, claims a new machining process can result in a higher daily output rate. Accordingly, the production group is...

Answered: 1 week ago

Question

★★★★★

When Crossett Corporation was organized in January, Year 1 , it immediately issued 6,000 shares of $53 par, 7 percent, cumulative preferred stock and 11,000 shares of $10 par common stock. Its...

Answered: 1 week ago

Question

★★★★★

13.Based on the type of legal basis you selected in #13, and given the facts available in this scenario, do you believe Caribou Coffee will be successful in collecting $1,000,000 in damages and...

Answered: 1 week ago

Question

★★★★★

1. A hollow steel shaft 2.54m long must transmit a torque of 34 kN-m. The total angle of twist must not exceed 3 degrees. The maximum shearing stress must not exceed 110 MPa. What is the inside...

Answered: 1 week ago

Question

★★★★★

A uniform crate with a weight W = 2.9 kN is connected to two opposing weights Wy = 2 kN and W by thin cables that pass over frictionless pulleys, as shown in the figure below. The crate has a length...

Answered: 1 week ago

Question

★★★★★

There are two goods: good A and good B. Assume that the supply of good A is perfectly inelastic, and the supply of good B is perfectly elastic. Draw two graphs to compare the effects of sales tax...

Answered: 1 week ago

Question

★★★★★

3. A company rates its performance in a given year as strong, average, or weak. The company has determined that if it has strong performance in a given year, then in the following year it is equally...

Answered: 1 week ago

Question

★★★★★

Disney World - Video 1 - https://www.viddler.com/embed/d808ad8/?f=1&player=arpeggio&secret=51155797&make_responsive=0 Disney World - Video 2 -...

Answered: 1 week ago

Question

★★★★★

A leader can close a group by passing out a written exercise to complete. using a fun activity to end the group on a light note. using a brief comment round. telling members the time is up

Answered: 1 week ago

Question

★★★★★

9. What is meant by the statement, the context is only relevant to us if we understand what it is trying to say?

Answered: 1 week ago

Question

★★★★★

7. What does it mean when we say that the words we use to denote a situation set limits on the solutions we can create at a later point?

Answered: 1 week ago

Question

★★★★★

8. Give examples from your own everyday life that the reference point you use has significance for the actions you take.

Answered: 1 week ago

Previous Question Next Question