Answer:
$25,400.
Explanation:
International Accounting Standard 16 states that any Property, Plant, and Equipment should be initially recognized at a cost that includes all the costs that are necessary to bring the asset to its working condition. Example of such costs include:
- Purchase Price.
- Delivery Charges.
- Sales Taxes Paid, if any.
- Deduct Discounts, if any.
- Installation Costs.
- Dismantling Cost.
- Any other Directly Attributable Costs.
The standard further states that any periodic cost should be written-off to Profit or Loss as incurred. Such costs include Maintenance Costs. These are the costs that are not necessary to bring the asset to its intended use.
So in this case, the cost that should be capitalized is $25,400 (24,000 + 1,200 + 200).
Note: The insurance costs of $400 has been capitalized because it was incurred for Transit Purposes and before the asset was prepared for use.
Answer:
In order to reduce the money supply by $1 billion, the FED needs to sell $100 million in securities.
Explanation:
The total effect on the money supply is given by: money withdrawn from the economy x money multiplier
money multiplier = 1 / required rate of return = 1 / 10% = 10
effect on the economy = -$100 million x 10 = -$1 billion
Answer:
Annual depreciation= $28,940
Explanation:
Giving the following information:
Kansas Enterprises purchased equipment for $78,500 on January 1, 2021. The equipment is expected to have a five-year service life, with a residual value of $6,150 at the end of five years.
Annual depreciation= 2*[(original cost - residual value)/estimated life (years)]
Annual depreciation= 2* [(78,500 - 6,150)/5]= $28,940
Answer:
A, discrimination and fairness paradigm
Explanation:
Discrimination and fairness paradigm is a model for ensuring that equal opportunities, fairness, employment of underrepresented groups, etc are one of the ways of measuring the success of an organization.
Like in the question, these above classes of persons or employees are a measure of success as it tends to show or bring about the fair treatment as well as encourage diversity in the organization.
A disadvantage of the discrimination and fairness paradigm is that the diversity of the organization remains shallow or on the surface level.
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<span>The answer to this
question is “availability of substitutes“. The reduction
in the number of people riding trains is due to the fact that a new substitute,
automobile, is available in the market.</span>
<span>
Hope that helps!</span>