Answer:
Consider the following calculations
Explanation:
Step 1. Given information.
Asset Cost Adjusted Basis
--------------------------------------------------
Skidder 230,000 40,000
Driller 120,000 60,000
Platform 620,000 0
-------------------------------------------------
Total 970,000 100,000
Step 2. Formulas needed to solve the exercise.
Allocation for each asset = value sold * (adjusted basis / total)
Gain on sale = Sales price - Adjusted basis amount
Step 3. Calculation and Step 4. Solution.
Sales price is allocated on the basis of adjusted value.
- Skidder = 300.000 * 40.000/100.000 = 120.000
- Driller = 300.000*60.000/100.000 = 180.000
- Platform = 300.000*0/100.000 = 0
Gain on sale = Sales price - Adjusted basis amount
= 300.000 - (40.000 + 60.000 + 0)
= 200.000
U.S. demand conditions.
Answer: Option B.
<u>Explanation:</u>
Since the question is about the domestic demand and the demand of the citizens who are living in the country, the demand of the people who are living in the United States of America should not affect the domestic demand of Indian citizens.
The demand of every good and service is affected by some factors which increase or decrease the demand of these goods and the services. But the demand of the international consumers or customers will not affect the demand of the national goods and services.
Answer:is correct
Option d
Production budget
Explanation:
<em>The total direct labour hours budget are prepared using the production budget . It shows the expected amount o time in hours that are required to achieved the production budget</em>
The direct labour hours budget =
production budget(units)× standard direct labour hours per unit
The standard direct labour hours is the expected amount amount of time a unit of the product is expected to be produced
The production budget in turn is prepared using sales budget and finished goods inventory budget .
Explanation:
service life refers to the time an asset will be used by a company and physical life refers to how long the asset will last.
Answer:
interest = the amount earned on bonds or savings accounts
capital gains = the profit earned from selling a financial asset
dividend = the amount of money paid to share holders of a company
Explanation:
A capital gain is a financial term that is most often captured on tax returns when money is made above the face value or declared value of an asset or property that is sold.
When an individual 'purchases' a bond or places money into a savings account, that money is held in an "interest" baring account or grows over time. Savings account: A percentage is paid for holding those funds in a savings account based on the amount held. The financial institution where the funds are held, pays the owner a fee for use of said money that it is held. Those funds are called "interest" and are collected by the owner of those funds. A bond is typically purchased at a reduced face value amount. If the bond is held for a stated amount of time, the bond value reaches maturity after that time. Those gains are called interest and are typically captured on a 1099i form for tax purposes.
A dividend is a profit paid to a stockholder or investor of a company/business entity. Typically those funds are paid when a threshold of profits are reached by that company/business entity. Typically a dividend is captured on a 1099d form for tax purposes.
