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e-lub [12.9K]
4 years ago
5

During a​ year, a​ firm's gross investmentgross investment is ​$6 comma 0006,000 and net investmentnet investment is ​$4 comma 8

004,800. What is the​ firm's depreciationdepreciation​?
Business
1 answer:
Greeley [361]4 years ago
7 0

Answer: The answer is $1,200

Explanation:

In order to calculate the Depreciation, we use the formula:

Gross investment = Net Investment + Depreciation.

Let Depreciation be represented by x

Gross investment - $6,000

Net investment - $4,800.

Therefore, we have:

6,000 = 4,800 + x

x = 6,000 - 4,800

x = 1,200

Therefore Depreciation is $1,200

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Based on the following data, what is the cost of the land?
kifflom [539]

Answer:

cost = 214528

Explanation:

the cost of the asset includes

. purchase price

. directly attributable cost and

. certain future costs

in the given scenario

purchase price                           =  196022

direct. attributable cost :

commission cost                        =   16158

net removal cost (4993-2645)  =   2348

total cost of land                        =   214528

5 0
3 years ago
How can life expectancy and literacy rates affect the quality of labor in the economy?
inna [77]
First of all, let's talk about literacy rates...

If you were an owner of a business that had exceptional products to sell, who would you employ to sell those products? Would you employ those who are unable to draft out letters, write out advertising copy and speak to the public in a sophisticated manner, or the contrary? Let's say you had enough money to employ those that are powerfully literate... What would it mean for your business? Imagine being able to persuade venture capitalists to invest in your business at will. Imagine being able to inspire teams of people to drive your company to success. Imagine being able to promote your company's vision and interests through newspapers, television programs and radio broadcasts? Would you be able to fulfil your company's requirements without the use of great communicators? Great communicators are important for all businesses and they can even be vital for countries as a whole. When a country can communicate its ideas and visions effectively, it is capable of selling its products and services around the globe. It can even have overwhelming influence.
3 0
4 years ago
Chester Company has established internal control policies and procedures in order to achieve the following objectives:
Trava [24]

Answer:

B) Objectives 2 and 3

Explanation:

Accounting controls are procedures that help a company ensure the validity and accuracy of its financial statements.

Therefore, one of the main priorities of accounting controls would be to make sure that accounting records are correct. By ensuring the validity of accounting records, the company's assets are safeguarded, since the possibility of something missing or being incorrectly recorded diminishes.

4 0
3 years ago
Across the United States, some states are implementing policies that guarantee universal preschool across the state. These state
Marta_Voda [28]

Answer: There will be an increase in the demand for qualified preschool teachers.

Explanation:

From the question, we are told that across the United States, some states are implementing policies which will guarantee universal preschool across the state and that the policies will be based on well-publicized success of high-quality preschool programs across the country.

The impact of this policy is that there will be a rise in the demand for preschool teachers that are qualified. Recruiting highly qualified preschool teachers will be the way to the government to achieve their aims and objectives.

6 0
3 years ago
Buyline is an e-commerce Web site. It has come up with a promotional offer where buyers get a 60 percent discount on refrigerato
Svetradugi [14.3K]

Answer:

Group buying platform

Explanation:

Group buying platform is also known as collective buying and is when the prices of goods and services are significantly reduced on the condition that a minimum number of buyers make purchase.

Usually there is a deal of the day displayed that is activated when the minimum number of buyers has been reached.

In this scenario Buyline has a promotional offer where buyers get a 60 percent discount on refrigerators if a minimum of 100 buyers agree to buy the product within 24 hours of the offer being announced.

This is a group buying platform

0 0
3 years ago
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