An agreement that may be rejected by one of the parties for a legally acceptable reason is

Hello. My name is Eric! I'm looking for some advice on what type of investments to consider. I'm 53, my kids are through college

lukranit [14]

Answer:

donate it to a charity.

Explanation:

6 0

3 years ago

An office telephone system cost $32,000.00 with an estimated residual value of $2,000.00. The system has an estimated useful lif

Amanda [17]

Sum of the year's digits is 5 + 4 + 3 + 2 +1 = 15 years.
Depreciation base: 32,000 - 2,000 = 30,000
The depreciation applied in any year is the depreciation base times (number of years remaining divided by 15). The first year has the highest depreciation, and the fifth year has the lowest.
Depreciation:
1st Year: Dep Base x 5/15
2nd Year: Dep Base x 4/15
3rd Year: Dep Base x 3/15
4th Year: Dep Base x 2/15 = 30,000 x 2/15 = 4,000
5th Year: Dep Base x 1/15

Answer is $4,000

6 0

3 years ago

Match the association type with the person that best fits the description: personal association a. your parents b. the president

Lady bird [3.3K]

Answer: A. Is the answer

Explanation: I took the quiz and got it right

3 0

3 years ago

Read 2 more answers

in terms of revenues, the largest segment of ecommerce is ecommerce. question 5 options: a) g2c b) b2c c) b2b d) c2c

Anastaziya [24]

The right response is business-to-business (B2B) option (c).for the given question .

Consumer-to-consumer (C2C) transactions occur when a individual uses eBay to buy it from this customer.

A regulatory body is involved in government-to-business (G2B) e-commerce when it employs e-procurement to get the supplies it needs from vendors.

Virtual corporations are firms that exist exclusively online and don't have any local shops.

Brick-and-click businesses, like Barnes & Noble, run actual storefronts in addition to their worldwide businesses.

Because the overhead of preserving service centers are eliminated, one benefit of the press and hold e-commerce method is that rock-bottom fee structure can be provided.

To know more about Consumer-to-consumer (C2C) click here

brainly.com/question/28495689

#SPJ4

4 0

1 year ago

Shelton, Inc. has sales of $435,000, costs of $216,000, depreciation expense of $40,000, interest expense of $21,000, and a tax

sattari [20]

Answer:

a. Net income = $107,200

b. Addition to retained earnings = $72,700

Explanation:

a. What is the net income for the firm?

Net income which also referred to a s net earnings is estimated by deducting cost of goods sold, selling and distribution expenses, administrative expenses, depreciation expenses, interest expenses, taxes, and other relevant expenses from sales.

b. What is the addition to retained earnings?

Addition to retained earnings is obtained by deducting the cash dividends from the net income.

For this question, the net income and addition to retained earnings can be calculated by preparing an income statement as follows:

Shelton, Inc.

Income Statement

For the year ....

Particulars $

Sales 435,000

Costs of sales (216,000)

Gross profit 219,000

Depreciation expense (40,000)

Interest expense (21,000)

Income before tax 158,000

Tax ($158,000 * 35%) (55.300)

Net income 102,700

Cash dividends (30,000)

Addition to retained earnings  72,700 

Therefore, Net income is $107,200, and addition to retained earnings is $72,700.

4 0

3 years ago