Answer:
a gain of $12,000 should be recorded on this exchange.
Explanation:
Hint : <em>Treat the Old Sailboat as if it was Sold for an Amount equal to the trade-in allowance since the transaction has commercial substance</em>
<u>Journal Entry to record the Exchange of the Old Sailboat</u>
Trade - In Allowance $192,000 (debit)
Accumulated depreciation $120,000 (debit)
Sailboat - Cost $300,000 (credit)
Gain on Exchange of Old Sailboat $12,000 (credit)
Answer:
Explanation:
Bonds have some advantages over stocks, including relatively low volatility, high liquidity, legal protection, and a variety of term structures.
Answer:
GameTech is using the late entry strategy
Explanation:
Based on the information provided within the question it can be said that the most likely rationale behind this is that GameTech is using the late entry strategy. This is a strategy in which the company waits until after the already established companies educate the market on the product, and then they enter the market to avoid all the common mistakes and costs of entering too early.
<span>d. achievement-oriented
The Path-Goal Theory states that Dr. Weiss would respond best and benefit most from an achievement-oriented leadership style. An achievement-oriented leader sets high goals for their employees and expects them to perform at their best. The employees are not told the specific ways to meet these high goals, being expected instead to use their own abilities to figure out how. An achievement-oriented leadership style is known to work for sales and especially scientific fields, such as the one that Dr. Weiss works in.</span>
They may make you tired.. so you would need to know that.
