Answer:B. Uncritical thinking
Explanation:
Habit are regular acts of individual, to be disappointed in a person habit refers to the negative habits.
Answer: $920,000
Explanation:
Given the following :
Beginning balance = $800,000
Brown's earning = $600,000
Casg Dividend = $200,000
Dexter's portion of brown's outstanding shares = 3000/ 10000 = 0.3
Therefore, Dexter's investment account is as follows :
Beginning balance + (earning × 0.3) - (Dividend × 0.3)
$800,000 + ($600,000 × 0.3) - ($200,000 × 0.3)
$800,000 + $180,000 - $60,000
$980000 - $60000 = 920000
Answer:
$0.3 per machine hour
Explanation:
The computation of the variable maintenance cost per machine hour using the high low method is shown below:
Variable cost per machine hour = (High maintenance cost - low maintenance cost) ÷ (High machine hours - low machine hours)
= ($9,000 - $7,200) ÷ (20,000 machine hours - 14,000 machine hours)
= $1,800 ÷ 6,000 machine hours
= $0.3 per machine hour
quizlet calaf’s drillers erects and places into service an off-shore oil platform on january 1, 2021, at a cost of $10,000,000. calaf is legally required to dismantle and remove the platform at the end of its useful life in 10 years. calaf estimates it will cost $1,000,000 to dismantle and remove the platform at the end of its useful life in 10 years. (the fair value at january 1, 2021, of the dismantle and removal costs is $450,000.) prepare the entry to record the asset retirement obligation.
Oil Platform 450,000
Asset Retirement Obligation 450,000
What is asset retirement obligation?
An asset retirement obligation is a contractual requirement for the retirement of a tangible long-lived asset, the timing of which may depend on the occurrence of a future event outside the control of the entity bearing the obligation.
Therefore,
Oil Platform 450,000
Asset Retirement Obligation 450,000
To learn more about asset retirement obligation from the given link:
brainly.com/question/14298631
The amount of the salvage may be calculated using various equations. We are given that the sound tracker is retired about some time and this was initially bought at $41,000. However, we are given that the accumulated depreciation is also equal to $41,000.
Since the initial payment is similar to the accumulated depreciation hence, the salvage value is zero.
