1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
FinnZ [79.3K]
3 years ago
6

Equipment originally costing $100,000 has accumulated depreciation of $65,000. if it is sold for $40,000, the company should rec

ord:
Business
1 answer:
son4ous [18]3 years ago
4 0
Hi there
What we need first is the book value of the equipment
The book value is
originally costing - accumulated depreciation
100,000−65,000=35,000

Since the sale price is 40000 and the book value is 35000 This result a gain of 5000 (40000-35000)

Good luck!

You might be interested in
The gross increases in retained earnings attributable to business activities are called
insens350 [35]
They are called revenues.
3 0
3 years ago
Many companies are capitalizing on people being at the airports longer and not being able to carry many personal health and beau
andreev551 [17]

Answer:

A) kiosk

Explanation:

Based on the information provided within the question it can be said that in this scenario the vending machines in the airport is a kiosk. This term refers to  physical structure which is used either to display information to passing strangers or to provide the individuals passing by with a product or service. Which in this case the structure/vending machine is providing beauty products.

8 0
3 years ago
If the steady-state rate of unemployment equals 0.125 and the fraction of unemployed workers who find jobs each month (the rate
kodGreya [7K]
The fraction of the employed workers who lose their jobs each month or the rate of the job separation must be 0.07

Steady-state rate of unemployment multiply to the fraction of unemployed workers who find jobs each month.
0.125 * 0.56 = 0.07
The answer in this question is 0.07
6 0
3 years ago
According to the video, what do Financial Analysts analyze? Check all that apply.
GREYUIT [131]
Financial records, A company’s competitors. Got it from quizlet!
8 0
3 years ago
Read 2 more answers
The Smelting Department of Kiner Company has the following production data for November. Production: Beginning work in process 3
Paul [167]

Answer and Explanation:

The computation of the equivalent units of production for both material and the conversion cost is shown below:

Particulars                                           Materials         Conversion costs

Unit transferred out                                9,700                            9,700

Add:

Ending work in process                         8,300                            3,818

                                                     (8300 × 100%)               (8,300 × 46%)

Total equivalent unit                               18,000                         13,518

6 0
3 years ago
Other questions:
  • When private ownership rights are well-defined and enforced, ownerscan ignore the wishes of others, without bearing the cost.hav
    12·1 answer
  • In Year 1, the actual budget deficit was $150 billion and the cyclically adjusted deficit was $125 billion. In Year 2, the actua
    6·1 answer
  • How are foreign exchange rates determined
    13·1 answer
  • HELP ASAP !
    14·2 answers
  • An essential element of being receptive to messages is to have an open mind<br> True or False
    8·2 answers
  • Suppose when you are 21 years old, you deposit $1,000 into a bank account that pays 6 percent annual compound interest, and you
    14·1 answer
  • An audit of historical financial statements most commonly includes the Group of answer choices income statement, the statement o
    13·1 answer
  • Imagine that two goods are available to you: servants (X) and robots (Y). You like servants three times as much as robots. If yo
    6·1 answer
  • A(n) ________ is an organizational change that involves rethinking the nature of the business and the nature of the organization
    15·1 answer
  • in which model of team development is the ""midpoint"" of the team’s project considered most important?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!