Answer:
1) For the equipment that was sold, determine its original cost, its accumulated depreciation, and the cash received from the sale.
- original cost = $9,800
- accumulated depreciation = $1,020
- cash received = $5,980
2) Sanchez Company uses the indirect method for the Operating Activities section of the cash flow statement. What amount related to the sale would be added or subtracted in the computation of Net Cash Flows from Operating Activities?
- the loss on sale of equipment ($2,800) should be added to the cash flows from operating activities.
3) What amount related to the sale would be added or subtracted in the computation of Net Cash Flows from Investing Activities?
- the cash received ($5,980) should be added to the cash flow from investing activities
Explanation:
equipment cost = beginning equipment - ending equipment = $20,000 - $10,200 = $9,800
equipment's accumulated depreciation = beginning accumulated depreciation + depreciation expense - ending depreciation = $1,950 + $860 - $1,790 = $1,020
book value = $9,800 - $1,020 = $8,780
cash received = book value - loss = $8,780 - $2,800 = $5,980
Answer:
yes they were
Explanation:
on the show they were 3 kids, 2 boys and 1 girl they were a cat, gecko, and an owl.
Answer:
The answer is: Refers to a standard of business conduct and can improve business decisions
Explanation:
Business ethics are the moral principles and values that guide how a company behaves. It´s a way for distinguishing if something is right or wrong.
Since any business is part of a community (or several communities in case of big corporations) its decisions are judged by the community. Customers don´t tolerate flagrant unethical business behavior, no matter what excuse.
Customers like businesses that show ethical values. That is why some corporations try to present themselves as ecological or caring about their community.
Answer:
Dr Material Inventory $13,020
Cr Trade Payables $13,020
Dr Work In Progress $9,742
Cr Material Inventory $9,742
Explanation:
On 7th May the double entry would be to record the inventory purchases on credit which would increase the inventory by $13,020 (620*21) as under:
Dr Material Inventory $13,020
Cr Trade Payables $13,020
The material sent to production or manufacturing team would be recorded as increase in the work in progress by the value of the material issued which is $9,742 (211*$19 + 273*$21).
Dr Work In Progress $9,742
Cr Material Inventory $9,742
Answer:
B = 0.287 Tesla
According to thumb rule the direction of magnet is to the east.
Explanation:
F = BiL sin∅
note that F = mg
B = magnetic field
i = current
therefore,
mg = BiLsin∅
Make B subject of the formula
B = mg/iLsin∅
m/L = mass per length of the wire and it is given in gram per centimeter . It should be converted to kg per meter.
m/L = 0.440 g/cm
convert to kg/m = 0.440 × 0.001 kg × 100 m = 0.044 kg/m
B = 9.8 × 0.044 / sin 90 × 1.50 × 1
B = 0.4312/ 1.50
B = 0.28746666666
B = 0.287 Tesla
According to thumb rule the direction of magnet is to the east.
