Let's call
x = number of hours worked by Kyle in his old job.
y = number of hours worked by Kyle in his new job.
Writing the system of equations:
x + y = 54
5x + 7y = 338
Solving the system of equations:
5 (54-y) + 7y = 338
270-5y + 7y = 338
2y = 338-270
y = 68/2 = 34
Therefore, Kyle worked 34 hours in his new job.
Answer:
B) $15,000
Explanation:
Even though the leasehold improvements have an estimated useful life of 10 years, Ames should amortize them in 8 years since they are not certain about renewing the lease contract.
amortization per year = $120,000 / 8 = $15,000
Since Ames has only leased the office for one year, then the accumulated amortization should be $15,000
Answer:
$0.60
Explanation:
Calculation for the value of one right
The first step is to calculate for the cost per share.
Using this formula
Cost per share =[New share price+(New Share right*Stock price)]/ (One right +New Share right)
Let plug in the formula
Cost per share [$13 + (3 × $15.40)] / (1 + 3)
Cost per share =$13+$46.20/4
Cost per share =$59.20/4
Cost per share = $14.80
The second step is to calculate for the Value of right.
Using this formula
Value of right=New share price-Cost per share
Let plug in the formula
Value of right = $15.40 - 14.80
Value of right= $0.60
Therefore the value of one right will be $0.60
The phase of the business cycle at which real domestic output is at a minimum during a cycle is called the trough
This is further explained below.
<h3>What is
the business cycle?</h3>
Generally, The term "business cycle" refers to the persistent upswings and downswings in broad indices of economic activity, such as production, employment, income, and sales.
Business cycles may last for a number of years. The expansionary and contractive stages of the business cycle are the phases that alternate with the other.
In conclusion, The trough is the point in the economic cycle that marks the point at which real domestic production has fallen to its lowest point during that particular cycle.
Read more about the business cycle
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complete question
The phase of the business cycle where real domestic output is at a minimum is called:
A. the peak.
B. a recession.
C. the trough.
D. the pits.
Solution:
S.NO. Accounts title and Explanations Debit Credit
1 Cash $25,000
Accumulated Depreciation- Machine A $63,960
Gain on Dispose: $10,400
Machine A $78,560
Accumulated Depreciation - Machine B $16,500
Loss on Disposal $10,700
Machine B $27,200
Note: -When the net value of the commodity disposed of is smaller than the amount paid, there is a benefit. If the worth of the book is MOT, there is a cost.
