A __________ is a local operation completely owned by a foreign company.

Monty Corp. bought equipment on January 1, 2022. The equipment cost $360000 and had an expected salvage value of $65000. The lif

Jet001 [13]

Answer:

$295000.

Explanation:

Depreciable cost is the asset costs minus salvage value.

For Monty Corp:

asset cost = $360000,

salvage value = $65000

Depreciable cost will be

=$360,000 - $65,000

=$295,000

5 0

3 years ago

Mike is arrested at a warehouse in North Industrial Park and is charged with the crime of theft. Mike will be prosecuted bya. th

Sati [7]

Answer:

Mike will be prosecuted by a;

c. a public official

Explanation:

To better answer the question we need to define some key terminologies;

1. Industrial park

An industrial park is an area that is set aside usually in a city for industrial development. Residential and commercial developments are not allowed in these zoned areas.

2. Prosecutor

A prosecutor is a legal representative of the prosecution. The prosecution is the legal team charged with the duty of presenting the case against someone accused of breaking the law.

3. Public official

A public official is any individual nominated or elected to represent the public through the state. Any person who holds a legislative, administrative or judicial post is a public official. They are usually charged with authority to handle certain duties.

In our case, Mike was arrested and charged with the crime of theft. The prosecutor has to be a public official who needs to represent the prosecution in presenting the case against the accused: in this case it's Mike who was accused of theft.

4 0

4 years ago

Mauro Products distributes a single product, a woven basket whose selling price is $21 per unit and whose variable expense is $1

Grace [21]

Answer:

1. Break even points in units will be = 2,700 units

2. Break-even point in dollar sales = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales = 2,900 units

Explanation:

Break even point = $\frac{Fixed Cost}{Contribution per unit}$

Fixed Cost = $8,100

Contribution per unit = Sale Price - Variable Cost = $21 - $18 = $3

1. Break even points in units will be

= $\frac{8,100}{3} = 2,700 units.$

2. Break-even point in dollar sales

= Break even point in units X Sale price per unit

= 2,700 units X $21 = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales

= $\frac{8,100 + 600}{3}$ = 2,900 units

Final Answer

1. Break even points in units will be = 2,700 units

2. Break-even point in dollar sales = $56,700

3. In case fixed expense increase by $600 then Break even point in unit sales = 2,900 units

3 0

4 years ago

A vegetable farmer wishes to switch to a combination of trees and vegetables (agroforestry) on several hectares of her land to r

Crazy boy [7]

Answer:

D is the correct answer.

Explanation:

3 0

3 years ago

McDarrel's records $500 of accrued salaries on December 31. Three days later, on January 3, total salaries of $4,000 (including

Dafna1 [17]

Answer:

Salaries payable will be debited for $500

Salaries expense would be debited for $3,500

Cash would be credited for $4,000

Explanation:

Based on the information given the Required journal entry for Jan 3rd will be:

Dr Salaries Payable $500

Dr Salaries expense $3,500

($4,000-$500)

Cr Cash $4,000

8 0

3 years ago