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blsea [12.9K]
3 years ago
13

What is the loss on disposal of a plant asset that cost $100,000, had accumulated depreciation of $24,000, and was sold for $60,

000?.
Business
1 answer:
REY [17]3 years ago
4 0

ANSWER: The loss is $16,000

EXPLANATION: $100,000 - $60,000 - $24,000 = $16,000

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If President Trump increases military spending to take a stronger stance against Iran, then ceteris paribus, we would expect the
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Answer:

The correct answer is letter "C": decrease.

Explanation:

Usually, military spending tends to <em>slow economic growth</em> since it discourages private investment which at the same time causes employment rates to drop. According to different researches, it is said that only a 1% increase in military spending could lead to up to 9% of economic growth decrease.

6 0
3 years ago
An approach to managing organizations that emphasizes division of labor and favors hierarchy is the _______________.
mixer [17]

An approach to managing organizations that emphasizes the division of labor and favors hierarchy is the classical management approach.

Hierarchy is a system for placing people in different ranks or degrees of importance in society, company, etc. Like most other American companies with strict hierarchies, workers and managers had clear obligations. The lower the level of the pyramid, the more important your needs.

Hierarchy definition is a group of people or things arranged in a hierarchy or people at the top of such a system. An example of a hierarchy is the corporate ladder. An example of a hierarchy is the various levels of priests in the Catholic Church.

Learn more about hierarchy at

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5 0
2 years ago
True or false: republicans were against most new deal programs because the programs borrowed money to pay for them.
Juli2301 [7.4K]
I think the answer will be false
7 0
3 years ago
A company reports 2021 pretax accounting income of $66 million, but because of a single temporary difference, taxable income is
Sergeeva-Olga [200]

Answer:

Income tax expense $1,000,000 Dr.

Deferred tax liability $7,750,000 Dr.

To income tax payable $8,750,000 Cr.

Explanation:

Given the following :

Pretax accounting income = $66 mollion

TAXABLE INCOME = $35 million

Tax rate = 25%

Income tax payable:

Income tax rate × taxable income

25% × 35,000,000

= $8,750,000

Deferred tax liability :

(pretax income - taxable income) × tax rate

($66 - $35) million × 25%

$31,000,000 × 25%

= $7,750,000

Income tax expense :

Deferred tax + income tax payable

$(8,750,000 - 7,750,000)

= $1,000,000

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3 years ago
The focus on green real estate and the number of people seeking sustainability has grown because of a wide array of market facto
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The focus on green real estate and the number of people seeking sustainability has grown because of a wide array of market factors. Increased demand for multiple-family homes is NOT a growth factor.

<h3>What is a green project in real estate?</h3>

It's not just developers embracing sustainability; increasingly, green real estate is driven by tenants. Businesses that strongly advocate corporate social responsibility are increasingly expecting a better indoor environment, lower operating costs, and enhanced market value for their spaces.

A green home is a type of house designed to be environmentally sustainable. Green homes focus on the efficient use of energy, water, and building materials.

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4 0
2 years ago
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