Answer:
Particulars Amount
Purchase price of equipment $79,400
Less: Depreciation expenses <u>$39,700</u>
Value of equipment <u>$39,700</u>
Particulars Amount
Sales price of equipment $31,200
Value of equipment <u>$39,700</u>
Section 1231 Ordinary loss -<u>$8,500</u>
Answer:
The answer is B..
Explanation:
Stock split is the issuing of new shares to existing shareholders according to their current holdings from the total outstanding shares. It increases the number of outstanding shares.
Post-split stock price = Current price/new per old
Number of new shares = 3
Number of old shares = 1
Pre-split stock price = $150
Therefore, post-split stock price is:
1/3 x $150
=$50
Economics in the micro-level is scarcity economics, means that every decision that is made by an individual is created based on the availability of the scarce product.
<h2>Further Explanation:</h2>
The economic is a human activity that has a purpose in improving the social standard of living based on the choice of scarcity.
Take an example of the goods for production.
In the fundamental theory of economy, which accommodated in Adam Smith in the latest 18th century.
Human has to choose among
- Lands / Capital
- Labor
- Entrepreneurship
The development of economy nowadays made a lot of health care facility to be more achievable. Take a look at public healthcare; in the past, there is no concept of insurance or general health standard. There is no standard of safety in working place. There is no transparent constitution background for someone to be safe.
Also, take a look at how easy a person in getting food. There is no more activity, like hunting for a person to get food.
<h2>Learn more</h2>
<h2>Details of the question</h2>
Grade: University level
Subject: Economy
Chapter: Microeconomy
Answer:
$14,800
Explanation:
The computation of the selling price of the truck is shown below:
The depreciation expense is
= ($60,000 - $12,000) ÷ 6 years
= $8,000
Now the depreciation for 5.5 years is
= $8,000 × 5.5 years
= $44,000
Now book value is
= $60,000 - $44,000
= $16,000
ANd, finally the selling price of the truck is
= $16,000 - $1,200
= $14,800
Answer:
1. 0
2. $ 175,000
Total from the two events : $ 175,000
Explanation:
GDP in each year only increased if the goods or services are produced within that year. An old house was produced in the past year. The value of that house is already calculated and included in the past GDP. This is why selling an old house do not raise the GDP in the current year.
Buying a newly constructed house is increasing GDP since it's being produced within the year of GDP period.