Answer:
A) A credit to accumulated depreciation of $14.4 Million
Explanation:
The complete journal entry should be:
- Dr Asset XXX account 24,000,000
- Cr Accumulated Depreciation account 14,400,000
- Cr Retained Earnings account 9,600,000
First of all the asset must be recorded at full value.
Accumulated depreciation would be credited for 3 years = ($24 / 5) x 3 = $4.8 x = $14.4
Since the depreciation expense lowered the net profits during 2018, the retained earnings must be adjusted for the remaining value = $24 - $14.4 = $9.8
Answer:
$230,825
Explanation:
VU = [$56,700 × (1 - .35)] / .162
VU= $56,700×0.65/.162
VU=36,855/.162
VU = $227,500
VL = $227,500 + .35($9,500)
VL= $227,500+$3,325
VL= $230,825
Answer:
D
Explanation:
This will help her develop journalism skills at a younger age
Answer:
structural unemployment
Explanation:
Unemployment is a situation where people who are ready and willing to work can not find one.
<u><em>Structural Unemployment</em></u>
<em>Structural Unemployment: </em><em> One of the reasons for unemployment is when the production process is automated. In this instance, works and tasks that were formerly done by humans and now been taken over by machines</em>
<em>For example, the work formerly done by Carl has now been taken over by robotics. Usually , this will lead to mismatch of skills because the skills possessed by Carls are no longer needed by his employer.</em>
Therefore, Carl is experiencing structural unemployment
<span>Hours of labor or number of workers are common ways of measuring a company's_______?
</span><span>
Productivity
</span>