Economics, 08.05.2022 21:15 jbaningzzz

Solve if production function exhbits diminishing marginal productivity

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Answer from: Quest

No, accounts payable is not an asset. It is a liability.

In accounting, accounts payable are the obligations of the business to pay its credit to where she creditted. Since it is an accountability to pay something you have borrowed or creditted, it is classified as a liability.

To know more about assets and liabilities, just continue on reading below.

Assets

In accounting, assets are the resources that a company owns and has monetary value.

Two types of asset:Current asset - assets that are usable or convertible to cash within a year or operating cycle of a business.Non-current asset - assets that can't be used or converted to cash within a year or operating cycle of a business.Examples of current asset:Cash and cash of non-current asset:LandEquipment/MachinesIntangible assetsLiabilities

In accounting, liabilities are the resources that a company owes to another business or people.

Two types of liabilities:Current liabilities - accountabilities that must be paid or dealt within a year or operating cycle of a business.Non-current liabilities - accountabilities that must be paid but not within a year or operating cycle of a business.Examples of current liabilities:Accounts PayableNotes PayableUnearned RevenuesExamples of non-current liabilities:Mortgage PayableBonds Payable

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Answer from: Quest

a. current asset

Explanation:

In accounting, Accounts Receivable (AR) is the amount of money to be collected from customers or clients. It is usually classified as a current asset as most AR are collectible within a year or normal operating cycle of the business.

To know more about asset, just kepp on reading.

Assets

In accounting, assets are the resources that a company owns and has monetary value.

Two types of asset:Current asset - assets that are usable or convertible to cash within a year or operating cycle of a business.Non-current asset - assets that can't be used or converted to cash within a year or operating cycle of a business.Examples of current asset:Cash and cash -on- of non-current asset:LandEquipment/MachinesIntangible assets

#answerForTrees

Answer from: Quest

What type of vehicles, exactly, are we talking about?

Answer from: Quest

Explanation:

Syempre para nabubudget ng maayos ang likas na yaman o yung pinagkukunang yaman ng isang bansa/lipunan.

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