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1 year ago

The cost of a plant asset includes the following? depreciation expense disposal cost purchase price cost to prepare it for use

1 answer:

4 0

TRUE, the cost of a plant asset includes depreciation expense disposal cost purchase price cost to prepare it for use.

The monetary value of an asset decreases over the years because of use, wear and tear or obsolescence. This lower is measured as depreciation. Description: Depreciation, i.e. a lower in an asset's cost, can be as a result of some of other factors as nicely including detrimental market conditions, and so on.

Depreciation represents the predicted discount in cost of a hard and fast property within a fiscal yr. Tangible belongings, along with homes, systems, cars and so forth, are purchased in massive lump sums.

An example of Depreciation – If a shipping truck is purchased by using a business enterprise with a fee of Rs. 100,000 and the expected usage of the truck are five years, the commercial enterprise may depreciate the asset under depreciation cost as Rs. 20,000 every 12 months for a duration of 5 years.

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A real estate office handles a 80-unit apartment complex. When the rent is $550 per month, all units are occupied. For each $25

lukranit [14]

Answer:

The real estate should charge $1,300 to obtain maximum profit.

Explanation:

We can make K to represent the number of unit apartment occupied.

This means that the total rent the real estate office is getting can be denoted by;

{(550 + 25(80 - K)} K - 50K

Maximizing the above equation, we have;

y = 550K + 2,000K - 25K^2 - 50K

Collect like terms

= 2,500K - 25K^2

y' = (2,500K - 25K^2)' = 2,500 - 50K

y = 0

2,500 - 50K = 0

2,500 = 50K

K= 50

Rent is therefore;

Rent = 550 + (80 - K)25, where K is 50

= 550 + (80 - 50)25

= 550 + (30)25

= 550 + 750

= $1,300

6 0

3 years ago

Business analytics tools are used with data in the ________________ to gain insight and support decision making.

kenny6666 [7]

Answer:

Business

Explanation:

The extensive use of data and quantitative analysis to support fact-based decision making within organizations.

8 0

3 years ago

Gene is a resident of Texas and has never been to Virginia. Helen wants to sue Gene in a Virginia state court regarding a breach

nata0808 [166]

The options are:

The Virginia police arrest Gene in Texas and take him to Virginia.

HThe Virginia police arrest Gene in Texas and take him to Virginia.

Helen could disguise her voice and phone Gene, telling him he has won $10,000 and must pick up the money in Richmond, Virginia, then have him served in Richmond.

Helen could have Gene served with a summons while he is driving through Tennessee.

Helen can have Gene served with a summons in Texas and he must appear in Virginia court.

Helen could disguise her voice and phone Gene, telling him he has won $10,000 and must pick up the money in Richmond, Virginia, then have him served in Richmond.

Helen could have Gene served with a summons while he is driving through Tennessee.

Helen can have Gene served with a summons in Texas and he must appear in Virginia court.

Answer:

Helen could disguise her voice and phone Gene, telling him he has won $10,000 and must pick up the money in Richmond, Virginia, then have him served in Richmond.

Explanation:

Since Gene is suing Gene in a Virginia State court, Gene must be served in Virginia where the court has jurisdiction. If the case was on Federal Court he could have been served in any state.

Helen has to convince Gene to come to Virginia. She can do this by calling him and saying he has won some money in Richmond, Virginia. When he is in Virginia he can now be served.

6 0

3 years ago

During 2004 Elway Corporation transferred inventory to Howell Corporation and agreed to repurchase the merchandise early in 2005

Svet_ta [14]

Answer:

d. Product financing arrangement.

Explanation:

A business transaction in which an organization sells and agrees to repurchase inventory with the repurchase price equal to the initial or original sales price plus the carrying and financing costs is known as the Product financing arrangement.

A product financing arrangement is more likely to exist when the seller commits to having a third party client purchase the item and then agrees to repurchase the item from the third party client.

It's noteworthy to know, that the seller controls how the item sold under either of the above mentioned situations is analysed and disposed of.

6 0

3 years ago

Price level stability necessitates intelligent management or regulation of which of?

Kipish [7]

Price level stability necessitates intelligent management or regulation for money supply and interest rates.

Money supply alludes to how much money or cash coursing in an economy. The money supply is the aggregate sum of money present in an economy at a specific level.

The record of the absolute money supply is kept by the Central Bank of the country.

Interest rates is the sum a bank charges a borrower and is a level of the head - the sum credited. The financial cost on a credit it's regularly noted on a yearly premise known as the Annual Percentage Rate (APR).

To learn more about Money Supply.

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To learn more about Interest Rates.

brainly.com/question/14556630

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1 year ago