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2 years ago

When making keep or replace decisions, management should consider the: (Check all that apply.)

Business

1 answer:

ddd [48]2 years ago

6 0

When making keep or replace decisions, management should consider the:

A. sale of the existing equipment
B. variable manufacturing cost of the new equipment
E. book value of the existing equipment

<h3>What is Book Keeping?</h3>

This refers to the record that is kept about existing equipment or goods that states their current conditions.

Hence, we can see that it is with the knowledge of book keeping and the information inside that would guide to make the best decisions about keeping or replacing them and options A, B and E are correct.

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Pink cheques, an insurance company, recently came under close scrutiny after its top management was involved in a major scam. Th

IgorLugansk [536]

I believe the answer is: high magnitude of consequences.

Event with high magnitude of consequences refers to the type of event which resulted in negative impact for a large number of people (such as loss of many jobs, destruction of health, etc) . Such event usually ignited by immoral actions that conducted for small group of people to obtain certain level of profit or desire.

4 0

3 years ago

How is owner’s equity affected when is paid for expenses?

Kobotan [32]

Answer:

Profit and loss are directly linked to the amount of money the company is spending to run its business -- its operating expenses. So changes in operating expenses naturally affect owner's equity.

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2 years ago

A person buys X in one market and combines it with Y purchased in another market. The combination of X and Y gives Z, which the

Sindrei [870]

Answer:

arbitration

Explanation:

Arbitration occurs when the price of a security or a commodity varies significantly between different markets. For example, I purchase gold in the United Kingdom at a lower price than in the United States, and I bring it to the United States and make a profit. Arbitration opportunities result from market inefficiencies and a lack of a single price.

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3 years ago

Suppose that we want the number of male employees in each department making more than $30,000, rather than all employees (as in

DanielleElmas [232]

Answer:

The query may still be specified in SQL by using a nested query as follows (not all

implementations may support this type of query):

SELECT DNAME, COUNT (*)

FROM DEPARTMENT, EMPLOYEE

WHERE DNUMBER=DNO AND SEX='M' AND DNO IN ( SELECT DNO

FROM EMPLOYEE

GROUP BY DNO

HAVING AVG (SALARY) > 30000 )

GROUP BY DNAME;

Explanation:

7 0

3 years ago

On December 31, 2019, the ledger of Lopez Company contained the following account balances: Cash $ 66,000 Maria Lopez, Drawing $

vlada-n [284]

Answer:

1. Dec 31, 2019

Dr Fees Income $107,500

Cr Income Summary $107,500

2. Dec 31, 2019

Dr Income summary 60,000

Cr Salaries expense 34,000

Cr Supplies expense 6,000

Cr Utilities expense 9,300

Cr Telephone expense 5200

Cr Depreciation expense 5500

3. Dec 31, 2019

Dr Income summary 47,500

Cr Retained earnings 47,500

4. Dec 31, 2019

Dr Maria lopez, capital 52,000

Cr Maria lopez, drawing 52,000

Explanation:

Preparation of the closing entries for the above transactions

1. Dec 31, 2019

Dr Fees Income $107,500

Cr Income Summary $107,500

(To close revenue account)

2. Dec 31, 2019

Dr Income summary 60,000

(5500+5200+9300+6000+34000)

Cr Salaries expense 34,000

Cr Supplies expense 6,000

Cr Utilities expense 9,300

Cr Telephone expense 5200

Cr Depreciation expense 5500

(To close expenses account)

3. Dec 31, 2019

Dr Income summary 47,500

($107,500-60,000)

Cr Retained earnings 47,500

(To close income summary account)

4. Dec 31, 2019

Dr Maria lopez, capital 52,000

Cr Maria lopez, drawing 52,000

(To close drawings account)

6 0

2 years ago