Which statement is NOT true?

Jacque decides to open her own business and earns $50,000 in accounting profit for the first year. When deciding to open her own

jok3333 [9.3K]

Answer:

do they want you beta it is not the best of all 5th century but you can get it done with a place that you want and bottom up 4th or to be in your best of all the time when it gets out of control because of example a few of them are in fact so you can find a place where it can be a good place for you

4 0

3 years ago

To find all mentions of your competitor's branded hashtag within a given radius of a store you've opened up in a new city, you s

Alenkasestr [34]

<span>To find all mentions of your competitor's branded hashtag within a given radius of a store you've opened up in a new city, you should set up a geo-search stream. When you set up the geo-search stream, have it filter the hashtag and the desired radios around the stores you wish to track. Tracking this will allow the company to have more insights on their competitors. </span>

3 0

4 years ago

Your company rents computers to local businesses and schools. You have 3,000 computers with a book value of $177,500. As a resul

pantera1 [17]

Answer:

The answer is $61,000

Explanation:

An impairment loss is recognized when the carrying amount of an asset is less than its fair value(prevailing market price).

The difference between the carrying value and fair value is written off. Carrying amount is the cost of acquiring an asset minus any subsequent depreciation and impairment charges.

Impairment Loss = Book Value – Market Value

Impairment Loss = $177,500 - $116,500

Impairment loss is $61,000

5 0

3 years ago

Harte Systems, Inc., a maker of electronic surveillance equipment, is considering selling to a well-known hardware chain the rig

Taya2010 [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The proposed deal calls for the hardware chain to pay Harte $30,000 and $25,000 at the end of years 1 and 2 and to make an annual year-end payments of $15,000 in years 3 through 9. The final payment to Harte of $10,000 would be due at the end of year 10.

1)

Cash flows:

Year 1= 30,000

Year 2= 25,000

Year 3= 15,000

Year 4= 15,000

Year 5= 15,000

Year 6= 15,000

Year 7= 15,000

Year 8= 15,000

Year 9= 15,000

Year 10= 10,000

2) To calculate the present value we need to use the following formula for each cash flow:

PV= FV/(1+i)^n

Year 1= 30,000/1.12= 26,785.71

Year 2= 25,000/1.12= 22,321.43

Year 3= 15,000/1.12= 13,392.86

....

Year 10= 10,000/1.12^10= 3,219.73

PV= $104,508.27

3) The present value of cash inflows is higher than $100,000. It is more convenient to decline the $100,000.

4 0

3 years ago

EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system, performs automated collection, validation, indexing, and f

slega [8]

Answer:

The amount for gross trade account receivable is $520

The amount for bad debt expense is $144

Explanation:

The gross amount receivable is total receivable amount from the sales made. In the given scenario the amount receivable for the year is $443 plus the provisions made at the end of the year. The gross receivable is $520.

3 0

3 years ago