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1 year ago

conservationists tend to believe that resources should be saved because they are important for a strong economic system.

1 answer:

4 0

Conservationists tend to believe that resources should be saved because they are important for a strong economic system and <u>used by all living things</u>

<h3>Who is a Conservationist?</h3>

The conservation movement also referred to as nature conservation, is a political, environmental, and social movement that works to manage and safeguard natural resources, including animal, plant, and fungal species as well as their habitat, for the benefit of present and future generations.
Environmental conservationists strive to leave the environment in better shape than when they found it.
Data-based conservation aims to increase the efficacy of conservation activities by utilizing credible scientific evidence.
To preserve natural resources including fisheries, wildlife management, water, soil, conservation, and sustainable forestry, the early conservation movement developed out of necessity.
The modern conservation movement now includes biodiversity preservation in addition to the early movement's focus on the sustainable use of natural resources and the protection of wilderness regions.

To learn more about Conservationists with the given link

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A firm has current assets that could be sold for their book value of $10 million. The book value of its fixed assets is $60 mill

Elena-2011 [213]

Answer:

Market to book ratio is 1.8333

Explanation:

Given,

Book value of current assets = $10 million

Book value of fixed assets = $60 million

Selling value = $95 million

Firm total debt = $40 million

Debt to current market value = $50 million

So, computing the market values as:

Market value = Book value of current assets + Selling value - Debt to current market value

Market value = $10 million + $95 million - $50 million

Market value = $55 million

Computing book values as:

Book value = Book value of current assets + Book value of fixed assets - Firm total debt

Book value = $10 million + $60 million - $40 million

Book value = $30 million

Now, computing the market to book ratio as:

Market to book ratio = Market value / Book value

Market to book ratio = $55 million / $30 million

Market to book ratio = 1.8333

7 0

3 years ago

Suppose Rainforest sells 2 comma 000 books on account for $ 19 each (cost of these books is $ 22 comma 800) on October 10, 20

Step2247 [10]

Answer:

Journal entries for ABC Store's

inventory 38,000

account payable 38,000

to record purchase of 2,000 books

account payable 1,900

inventory 1,900

to record return of 100 damaged books

Explanation:

Requirement 1 journalize ABC Store's

We need to journalize base on ABC store. Assuming perpetual inventory.

ABC purchased 2,000 books at $19 each total 38,000

we increase our inventory for the amount purchased and also declare the liability, as those book were not paid right away

later it return 100 books the cost is $19 each total 1,900

this decrease the ammount due to Rainforest and also decrease the inventory

4 0

3 years ago

On July 1, 2020, Swifty Company purchased for $6,120,000 snow-making equipment having an estimated useful life of 5 years with a

Snowcat [4.5K]

Answer:

Swifty Company

1. Sum-of-the-years'-digits method:

2020 2021

Equipment $6,120,000 $6,120,000

Less: Accumulated Depreciation 977,500 2,541,500

Year-End Book Value $5,143,500 $3,578,500

Depreciation Expense for the Year 977,500 $1,564,000

2. Double-declining balance method:

2020 2021

Equipment $6,120,000 $6,120,000

Less: Accumulated Depreciation 1,224,000 3,182,400

Year-End Book Value $4,896,000 $2,937,600

Depreciation Expense for the Year 1,224,000 $1,958,400

Straight-line Method:

3. The amount of depreciation expense for the 2022 income statement is:

= $2,170,250.

4. In 2022, the depreciation base of this asset is:

= $4,020,500

Explanation:

a) Data and Calculations:

July 1, 2020: Cost of snowmaking equipment = $6,120,000

Estimated salvage value of the equipment = 255,000

Depreciable amount of the equipment = $5,865,000

Estimated useful life of the equipment = 5 years

Annual depreciation expense = $1,173,000 ($5,865,000/5)

Sum-of-the-Years'-Digits Method =15 (5+4+3+2+1)

Calculation of depreciation expense:

2020 = $977,500 (5/15 * $5,865,000)/2

2021 = $1,564,000 (4/15 * $5,865,000)

2020 2021

Equipment $6,120,000 $6,120,000

Less: Accumulated Depreciation 977,500 2,541,500

Year-End Book Value $5,143,500 $3,578,500

Depreciation Expense for the Year 977,500 $1,564,000

Double-Declining Balance Method (100/5 * 2) = 40%

Calculation of depreciation expense:

2020 = $1,224,000 (40% * $6,120,000)/2

2021 = $1,958,400 (40% * $4,896,000)

2020 2021

Equipment $6,120,000 $6,120,000

Less: Accumulated Depreciation 1,224,000 3,182,400

Year-End Book Value $4,896,000 $2,937,600

Depreciation Expense for the Year 1,224,000 $1,958,400

Straight-line method:

Annual depreciation expense = $1,173,000

2020: Depreciation expense = $586,500

2021: Depreciation expense = $1,173,000

2022: Depreciable amount = $4,340,500 ($4,360,500 - $20,000)

Depreciation expense = $2,170,250 ($4,340,500/2)

2020 2021 2022

Equipment $6,120,000 $6,120,000 $6,120,000

Less: Accumulated Depreciation 586,500 1,759,500 3,929,750

Year-End Book Value $5,533,500 $4,360,500 $2,190,250

Depreciation Expense for the Year 586,500 1,173,000 2,170,250

Straight-line method:

Annual depreciation expense = $1,173,000

2020: Depreciation expense = $586,500

2021:

Depreciation expense = $1,173,000

Accumulated depreciation = $1,759,500 ($586,500 + $1,173,000)

Year-End Book Value $4,360,500 ($6,120,000 - $1,759,500)

2022 Estimated Salvage Value = $340,000

2022: Depreciation basis = $4,020,500 ($4,360,500 - $340,000)

Depreciation expense = $2,010,250 ($4,020,500/2)

8 0

2 years ago

The functional manager is planning the billing system replacement project with the newest project manager at the company. In dis

jonny [76]

Answer:

(A) Project life cycle

Explanation:

The product life cycle focuses on not only the project cost of producing the product, but the total ownership cost of the project product. The project life cycle involves the processes used to create the project's product, such as the steps to build a home or computer system.
The project management life cycle is the project management approach to the project. The “Program Management Life Cycle” is sound.

so correct option is (A) Project life cycle

3 0

2 years ago

A U.S. manufacturing company operating a subsidiary in an LDC (less-developed country) shows the following results: U.S. LDC Sal

Dmitrij [34]

Answer:

Part A:

Labur Productivity:

For US=5.14, LDC=1.35

Capital Productivity:

For US=1.72 LDC=4.31

Part B:(Multi factor productivity)

For US=1.29 LDC=1.03

Part C: (Raw material productivity)

For US=4.90 LDC=10.02

Explanation:

Part A:

Labur Productivity:

For US:

$Partial Labor Productivity=\frac{Sale(units)}{Labour(hours} \\Partial Labor Productivity=\frac{100505}{19550} \\Partial Labor Productivity=5.14$

For LDC:

$Partial Labor Productivity=\frac{Sale(units)}{Labour(hours} \\Partial Labor Productivity=\frac{19600}{14550} \\Partial Labor Productivity=1.35$

Capital Productivity:

For US:

$Capital Productivity=\frac{Sale(units)}{Capital Equipment} \\Capital Productivity=\frac{100505}{58600}\\Capital Productivity=1.72$

For LDC:

$Capital Productivity=\frac{Sale(units)}{Capital Equipment} \\Capital Productivity=\frac{19600}{4550}\\Capital Productivity=4.31$

Part B:

For US:

$Multifactor Productivity=\frac{Sales(units)}{labour(Hours) + Capital Equipment(hours)}\\ Multifactor Productivity=\frac{100505}{19550+58600} \\Multifactor Productivity=1.29$

For LDC:

$Multifactor Productivity=\frac{Sales(units)}{labour(Hours) + Capital Equipment(hours)}\\ Multifactor Productivity=\frac{19600}{14550+4550} \\Multifactor Productivity=1.03$

Part C:

For US:

$Raw material productivity=\frac{Sales(Hour)}{Raw Material} \\ Raw material productivity=\frac{100505}{20500} \\ Raw material productivity=4.90$

ForLDC:

Converting Raw material FC into $ (1$=10FC)

Raw Material =19550/10=$1955

$Raw material productivity=\frac{Sales(Hour)}{Raw Material} \\ Raw material productivity=\frac{19600}{1955} \\ Raw material productivity=10.02$

3 0

2 years ago