Answer: The asset's cost minus its accumulated depreciation.
Explanation: The book value of equipment owned by a company is the total worth of a company if it liquidated all its assets and substracted it's liabilities.
For easy computation it can be described as the Value of the Assets minute the accumulated depreciation for an equipment that depreciates according to time. Book value is of importance to the business as it helps to show what amount is actually the worth of a company when liquidated.
Answer:
In the explanation is a short point of view about the cyber defense and the perimeter oriented posture.
Explanation:
To begin with, the concept known as "Cibersecurity" refers to the process of protection of computer systems and everything related to them like softwares, hardwares or any electronic data that could be harmful and sensitive for the company. The reason why this type of practice has been rising up the last years is due to the fact that the "internet of things" has been growing up as well and everyday the companies need to protect their information more and more. Moreover, the "perimeter-oriented" security posture implicates the focus on the external networks as being bad and on the other side the internal networks as being good and stable. So the reason why the companies should consider the cyber defense important is because they need to protect all the information that could be use against them.
Answer:
<u>Question 1. All employees are agents, and all agents are employees.</u>
<u>Question 2. Harold is liable to Alice for the cost of the lot, but only if the contract between Harold and Alice expressly stated that he would reimburse her for the cost of the lot.</u>
<u>Question 3. Spencer will win, because Glen was acting within the scope of his employment; therefore, Sally is liable for his negligence</u>
Explanation:
1. Note that employees can serve also as agents for their company but not all agents are employees since they (the agents) could be self employed themselves.
2. Remember sales agreement should not be bases on word of mouth but on written contacts. Therefore, if the contract between Harold and Alice expressly stated that he would reimburse her for the cost of the lot he would then be liable.
3. Since Glen was acting within the scope of his employment; therefore, Sally is liable for his negligence. Implying that she employed the man who caused Spencer pain and suffering.
Answer:
Increase in net Operating income = $14,600
Explanation:
Sales
i. 8000 units X $220
=$1,760,000
ii. 8200 units X $220
=$1,804,000
Variables expenses
i. 8000 units X $66 = $528,000
ii8200 units X $72 = $631,400
Contribution margin
CM=Sales -Variables expenses
i. 1,760,000 - 528,000=
$1,232,000
ii. 1,804,000 - 631,400
=$1,172,000
Our Fixed expenses are
i. $991,000
ii. $917,000
Therefore Net operating income = Contribution margin - Fixed expenses
i. 1,232,000 - 991,000
=$241,000
ii. 1,172,600 - 917,000
=$255,600
From the answers above, there is an increase of $14,600 as a difference between $241,000 and $255,600 which are the Net Operating income.