No, It would not be because it does not have a serial number.
Answer:
Loss of $1,080
Explanation:
The correct journal entries would be:
Dr Accumulated Depreciation 9,010
Dr Cash 2,010
Dr Loss on sale 1,080
Cr Truck (Asset) 12,100
Thus, the correct answer is a loss of $1,080
In the study above, the independent variable would be the consumption of caffeine. The independent variable is the variable that is not affected in any change that is done to the experiment. Most likely, it is the one that is being manipulated and in this experiment it the consumption of caffeine.
Answer:
$7.85
Explanation:
Provided that
Selling price per unit = $24.15
Variable cost per unit = $16.30
Total fixed cost = $25,400
Budgeted sales 8,400 units
The formula to compute the contribution margin per unit is as follows
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $24.15 - $16.30
= $7.85
By deducting the variable cost per unit from the selling price per unit we can find out the contribution margin per unit
Answer:
Land amount= 367,990
Interest amount= 149,010
Explanation:
this question can be solve applying the concept of future value, as it is a zero interest or zero coupon it only, it means the bond does not pay money in the time, so
where FV is future value, PV is the present value, i is the periodic interest rate and n is the number of periods. So applying to this particular problem we have:
solving we have PV=367,990
so the land value is 367,990 and the interest expenses are 517,000 - 367,990=149,010
