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kotykmax [81]
1 year ago
13

A photocopier cost $105,000 when new and has accumulated depreciation of $96,000. if the business discards this plant asset, the

result is ________.
Business
1 answer:
Ahat [919]1 year ago
4 0

A photocopier cost $105,000 when new and has accumulated depreciation of $96,000. if the business discards this plant asset, the result is a loss of 9,000.

During the asset's anticipated useful life, depreciation is allocated in order to charge a fair percentage of the depreciable amount in each accounting period. Amortization of assets with predetermined useful lives is included in depreciation. Depreciation enables businesses to recoup the cost of an item at the time of acquisition. Instead of collecting the full cost of an asset right away, the technique enables businesses to do so during the asset's lifecycle. This enables businesses to replace current assets with the necessary quantity of revenue in the future.

Subtract the asset's cost from its salvage value (what you anticipate it to be worth at the end of its useful life) to determine depreciation using the straight-line technique. The outcome is the amount or depreciable basis.

Depreciation = asset's cost - salvage value

Depreciation = $105,000 - $96,000

Depreciation = $9,000

To know more about Depreciation refer to:  brainly.com/question/15085226

#SPJ4

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Kyzera manufactures, markets, and sells cellular telephones. The average total assets for Kyzera is $250,000. In its most recent
Alchen [17]

Answer:

1. Kyzera’s return on assets

Return on asset = (Net income / Average total asset)*100

Return on asset = (65,000 / 250,000)*100 = 26%

2.

26% return on assets seems satisfactory for Kyzera as compared to competitor's average return on asset 12% return on assets. It's about 117% higher than the competitor.

3. Total expenses for Kyzera in its most recent year

Expenses = Revenue - Net Income

Expenses = 475,000 - 65,000

Expenses = 410,000

4. Average total amount of liabilities plus equity for Kyzera

As we Know:

Average total Assets = Average total amount of liabilities plus equity

Average total amount of liabilities plus equity = $250,000

Explanation:

6 0
3 years ago
The Fabricating Department started the current month with a beginning Work in Process inventory of $11,100. During the month, it
MaRussiya [10]

Answer:

a.$16,370.

Explanation:

beginning WIP cost:      11,100

cost added during the period

materials                       77,100

direct labor                  25,100

overhead 70% of DL = 17,570

total added                  119,770

Total cost to be accounted for: 130,870

Cost assignned to

transferred out       114,500

ending WIP               16.370‬

Total cost assigned to 130,870

As the cost to be accounted and the cost assigned to should match we contruct that and solve for the ending WIP

8 0
3 years ago
As the new business development manager you must determine the first step in revitalizing the company's sportswear business. The
olga2289 [7]

The choice for Decathlonwear is: a. Analyze the company's database, social media websites, and other relevant market research and big data sources to identify consumers' buying habits.

<h3 /><h3>What is consumer buying habit?</h3>

Consumer buying habit or buying behaviors can be defined as the way consumer buy your product or spends and they way they choose their product preference.

Having a understanding of consumer buying habit is important for business owners as this will enables you to effectively target your marketing towards your consumer preference and want.

Therefore the choice for Decathlonwear is: a. Analyze the company's database, social media websites, and other relevant market research and big data sources to identify consumers' buying habits.

Learn more about consumer buying habit here: brainly.com/question/27074307

#SPJ1

3 0
2 years ago
According to Modigliani and Miller, a firm's value is determined solely by the earning power and risk of its assets and that the
Varvara68 [4.7K]

Answer:

True

Explanation:

Modigliani and Miller or MM hypothesis states that dividend policy of a firm plays no role in the determination of the market value of it's stock or the market value of the firm.

As per the theory, dividend policy of a firm is irrelevant and does not affect the value of the firm.

The theory maintains that under specific set of assumptions, the capital structure of a firm and it's composition does not play any role in determining the value of a firm and no capital structure can be termed as optimal.

It further states, the value of a firm is determined by capitalizing it's expected return with the firm's average cost of capital. Also, a firm cannot change the total value of it's securities by splitting it's cash flows into different streams such as dividends or retained earnings.

A firm's value is determined by a firm's real assets and not by it's issued securities.

5 0
3 years ago
Marissa, a product manager, thinks her company's InstaCup coffee maker is currently in the growth stage of the product life cycl
Elenna [48]
Increased, decreased or remained the same.
6 0
4 years ago
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