Business consultant Peter Drucker said that the most important factor of production is knowledge.
Definitely C. Doesn’t even make sense
Answer:
The loss on equipment recognized by Devin on its internal accounting records for 2017 is $9,000
Explanation:
By using the given information which is mentioned in the question, first we have to calculate the book value of equipment.
So, the book value of the equipment is equals to
= Cost price - accumulated depreciation
= $120,000 - $66,000
= $54,000
Now we can calculate the loss or gain on sale of equipment which is equals to
= Sale price - book value
= $45,000 - $54,000
= - $9,000
Since, the amount shows negative which means the company has suffered a loss of $9,000 on equipment
The other things like net income of 2017 and 2018 is irrelevant because it tells the net income of overall company not for equipment. So, it is not being considered while computation
Hence, the loss on equipment recognized by Devin on its internal accounting records for 2017 is $9,000
Explanation:
13,200 Rent prepaid on January 1 for 1 year
÷ 12 Months
$ 1,100 Rent expense per month
Thus, $1,100 Rent expense per month
× 7 Months
$7,700 Rent expense for January through July
At July 31, Aiden's Tavern should record $ 7700 of rent expense.
Answer:
accountability metrics
Explanation:
Accountability metrics are used by companies to measure the specific financial results of marketing campaigns. Marketing campaigns are expensive and require a lot of resources, both financial and labor resources, and as competition between producers increases, so does competition among marketing firms. The best way a marketing firm can increase its clients is by showing that their campaigns are effective, so every dollar invested by their clients will generate positive returns.
