Answer:
Kingbird, Inc
Balance Sheet (Partial) as on December 31, 2020
Fixed Assets
Building $1,150,000
Accumulated Depreciation <u>($646,000)</u>
Net book value of Building $504,000
Goodwill $450,000
Coal mine $495,000
Accumulated Depletion <u>($109,000)</u>
Net Value of Coal mine <u>$386,000</u>
Total Fixed Assets <u>$1,340,000</u>
Explanation:
Fixed assets are all those asset which will be kept by the company more than one year. It is not converted to cash / Sold before one year time. If Company has the intention to sale the asset within one year then it will be classified as current asset.
All the assets are classified as the fixed assets. The depreciation and Depletion are contra asset accounts, these are adjusted against the relevant Assets and Net book value of that assets is reported on the balance sheet.
Answer:
The answer is 24,904.
Explanation:
Solution
Given that:
Now,
The unemployment rate =( unemployment/labor force) * 100
Thus,
Unemployment =( unemployment/labor force) * 100
In May 2008, unemployment = (4 * 622,600 )/100 = 2,490,400/100
=24,904
In May 2009, unemployment = ( 7 * 602,000)/100 =4,214,00/100
=42,140
So,
Number of employed people = 2009 unemployment - 2008 unemployment = 42,140 - 24,904
=17,236
Therefore the of unemployed people in may 2008 is 24,904.
Answer:
Contribution margin ratio = 69.23%
Explanation:
We know,
Contribution margin ratio = (Contribution Margin per unit ÷ Sales per unit) × 100
Again, we know, Contribution margin per unit = Sales per unit - Variable cost per unit
Given,
Sales price per unit = $6.50
Variable cost per unit = $2.00
Therefore, Contribution margin per unit = $6.50 - $2.00 = $4.50
Putting the values into the above formula, we can get,
Contribution margin ratio = ($4.50 ÷ $6.50) × 100 = 69.23% (Rounded to two decimal places)
Answer: HRM's responsibility to serve as a strategic partner
Explanation: an strategic partner is the person with whom a long-term agreement is reached for sharing of physical and/or intellectual resources in achievement of defined common objective.
Answer:
and Leah is saving her account APR of
