Which private equity firm has acquired a 60 % stake in Ramky Enviro Engineers for $ 530 million?

Naddik [55]

Answer:

a letter issued by a bank to another bank to serve as a guarantee for payments made to a specified person under specified conditions.

Explanation:

5 0

3 years ago

Your company rents computers to local businesses and schools. You have 4,000 computers with a book value of $185,000. As a resul

andriy [413]

Answer:

47,000

Explanation:

Impairment Loss = Book Value − Fair Value

$180,500 − $133,500 = $47,000

6 0

2 years ago

The Peridot Company purchased machinery on January 2, 2019, for $800,000. A five-year life was estimated and no residual value w

Umnica [9.8K]

Answer:

1.- Without Retrospective effect

2.- No as it comes from a change in estimations not an accounting error.

3.- yes. It will give a full explanation about the reasons to extend the useful life.

4.- Depreciation expense for 2021: 60,000

Explanation:

1.- The change in the useful life does not represent an accounting error. It comes from the estimation process.

800,000 - 160,000 x 2 = 480,000 book value at beginning 2021

480,000 / 8 new useful life = 60,000 depreciation per year.

5 0

2 years ago

Are the following statements true or false? The difference between savings and investments is that savings is money set aside fo

grigory [225]

Answer:

That statement is true.

Explanation:

Basically, You put your money in saving if you intended to use that money for future consumption. You put your money in investment if you intended to make financial gain out of it.

For example,

Let's say that you want to buy a laptop that cost $700. You only able to spend $350 per month since you have to consider other more important payment such as rent or food. So you set aside $350 for two month and purchase the laptop at the end of the second month. This is an example of saving.

In another case let's say that you put that $350 in Bonds rather than purchasing laptop. You Let that bond mature and take a 3% interest as profit. Two month later, the value of your money is increased. This is an example of an investment.

8 0

2 years ago

Read 2 more answers

A person who does not lock the doors or does not repair leaks shows an indifferent attitude. This person presents what type of h

Natalija [7]

Answer:

Morale.  Defined as the attitude of individual groups toward their work environment toward voluntary cooperation to the full extent of their ability in the best interest of the organization.

4 0

2 years ago