Answer:
Gain/loss= $1,000 loss
Explanation:
Giving the following information:
Original price= $54,000
Accumulated depreciation= $28,000
Seling price= $25,000
The gain or loss from selling an asset depends on the book value.
Book value= original price - accumulated depreciation
Book value= 54,000 - 28,000= 26,000
If the selling price is higher than the book value, the company gain from the sale.
Gain/loss= 25,000 - 26,000= $1,000 loss
Answer: Option (D)
Explanation:
Benefit corporation is referred to as the traditional organization with the modified accountability delivering it to the higher principle of the purpose, responsibility and transparency. The sole purpose of this Benefit corporation is to commit to the creation of public benefit and thus add sustainable value alongside generating the profit.
Find out how much you have look at what clothing you need then look for the best prices and try to find some discounts so you can save some money so just maby you can get another product with the money you saved.
Answer: A. low degree of substitutability.
Explanation:
Substitutability refers to the availability of alternative options to the variable in question. If something is said to be highly substitutable or to have a high degree of substitutability, then that means that it is easily replaceable because it has alternatives. The reverse holds true.
Therefore, Jamie can be said to have a low degree of substitutability because the client wants to deal with only him and if he is removed or unavailable, the company would not be able to deal with the client.
Answer:
Depreciation expense Office equipment = 1,200.00
Depreciation expense Computer equipment = 5,000.00
Explanation:
The difference between accumulated depreciation represents the depreciation charge that was made during the first quarter of the 2018 accounting year.
Then depreciation charges for the first quarter are calculated as follows:
Depreciation expense Office equipment = 800 – 400 = 400
Depreciation expense Computer equipment = 2,500 – 1,250 = 1,250
Since there are 4 quarters in an accounting year, the depreciation charge in 2018 is calculated as follows:
Depreciation expense Office equipment = 400 * 4 = 1,200
Depreciation expense Computer equipment = 1,250 * 4 = 5,000
