Answer:
The answer is D.
Explanation:
Option D is correct because gains on the cash sales of property, plant, and equipment: are recognized in the operating activities under cash flow statement. They are subtracted from net income.
Option A and C are incorrect because gains on PPE are excess of cash proceeds over the FAIR VALUE and not the book value
Answer:
Ending Inventory = $555
Cost of Goods Sold = $2,430
Explanation:
Date Units Unit Cost Closing Inventory
Opening Balance September 1 100 $3.00 $300.00
Purchases
September 8 450 $3.50 $1,575.00
September 18 300 $3.70 $1,110.00
Ending Inventory September 30 150 $3.70 $555.00
According to FIFO the the material first purchased will be sold first. So, the closing Inventory of 150 units will be valued at the rate of last purchase of 300 units @ $3.77/unit.
Cost of Goods Sold = $300 + $1575 + (( 300 - 150 ) x 3.70) = $2,430
Answer:
option a because it increase the better knowledge of rain forest plant
This is the complete question
A.) Since student incomes and other financial resources are limited, the demand curve for a community college education is elastic. Raising tuition will force students to drop out.B)The community college would lose so many students that their total revenue would most likely drop dramatically. C)Students living in low-income and economically challenged areas might not be will-ing to take out student loans or use credit cards to finance their education. D)All of the statements listed above are correct
Answer:
All of the options are correct
Explanation:
All of the answers in the multiple choice question are correct. The reason is because, when tuition fees are raised for students, there would be quite a number who would drop out due to their inability to pay. The demand is elastic. A rise in tuition fees causes a drop in number of college students. This would hereby cause enrollment rates to fall and further bringing about a decline in revenue. Taking loans would not be a good idea since we have students with low income who would have problems with with paying back. With all of these the the proposal to increase fees would backfire.
