Answer:
Sumner's has a loss of $-7750 from the sale of the equipment
Explanation:
Solution
Given that:
We compute the amount of profit and loss, few steps will be taken which is given below:
Step 1: we compute the book value of the equipment which is shown below:
Book value = purchase price - depreciation claimed
= $79,100 -$39,550
= $39550
Therefore then book value is $39,550
Step 2: we calculate the amount of Sumner's gain or loss which is shown below:
The gain (loss) is = the value (sale) - book value
= $31,800 - 39550
= -7750
Therefore the loss from the sale of the equipment is -$7750
Which implies that Sumner's has a loss of $-7750
Answer:
D.
Explanation:
A economic model can be used to explain or predict economic phenomena, because every model has to have key variables that command the economic decisions and operations.
An economic model is define to get a specific goal, so when some problem comes, you can study every decision based on the model applied, that 'simplifies' solutions, or even better, you must be able to predict when economic problems will arrive.
When using a bcg matrix, a business that currently holds a large market share in a rapidly growing market and has minimal or negative cash flow would be known as a Star.
An astronomical object known as a star is made up of a bright plasma spheroid that is held together by gravity. The Sun is the star that is closest to Earth. Other stars are also visible at night with the unaided eye, but because to their great distances from Earth, they appear as stationary points of light. Many of the brightest stars have names, and the most notable stars have been grouped into constellations and asterisms. Star catalogues have been put out by astronomers that list the known stars and offer standardized stellar labels. An estimated 1022–1024 stars are present in the observable cosmos. Even so, the majority—including all individual stars outside our galaxy, the Milky Way—are invisible to the human eye from Earth.
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(d.) ECONOMIES OF SCALE
Economies of scale is achieved when the average goods and services decrease whereas the volume of the goods and services increases.
Diseconomies of scale is achieved when the average unit cost of goods and services increases with the increase in the volume of goods and services.
The amount of these benefits that is taxable for 2021 is $1,680.
<h3>Benefits that is taxable for 2021</h3>
The Benefits that is taxable for 2021 is Personal protective equipment of the amount of $140 per months.
Hence:
Taxable benefit=$140×12 months
Taxable benefit=$1,680
Therefore the amount of these benefits that is taxable for 2021 is $1,680.
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