Answer:
The answer is: gain on disposal of $114500
Explanation:
The gain on disposal is calculated by the following formula:
gain on disposal=replacement cost - (purchase cost - depreciation expense)
gain on disposal = $210,500 - ($180,000 - $84,000) = $210,500 - $96,500 = $114,500
The journal records should be as follows:
- Dr Cash 210,500
- Dr Accumulated depreciation 84,000
- Cr Machine 180,000
- Cr Gain on disposal 114,500
Answer:
Positive ROI
Explanation:
A positive ROI or positive rate of return occurs when the benefits realized from a project are much more than the costs incurred. Positive implies that a net effect of a number greater than zero.
Anna did not incur a lot of debts while in college. It suggests she controlled her expenses well. Since Anna has a well-paying job, her income and the cost incurred in college compare favorable. Her benefits are more compared to the cost of education.
The information will be easier to organize and interpret if Quincy uses Transitional Matrix.
<h3>What is the Transitional Matrix ?</h3>
Transitional matrix a chart that lists job categories held in one period and shows proportion of employees in each of those job categories in a future period. Its Allows the organization to plan how to address these challenges.
<h3>What is the Transitional Matrix in HR ?</h3>
A transition matrix, or Markov matrix, can be used to model the internal flow of human resources. These matrices simply show as probabilities the average rate of historical movement from one job to another. To determine the probabilities of job incumbents remaining in their jobs for the forecasting period.
Learn more about Transitional Matrix on:
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