Answer:
Loss on disposal = $2232
Explanation:
To calculate the amount of gain or loss on sale, we must first calculate the net book value or NBV of the asset. The net book value is the difference between the cost of the asset and the accumulated depreciation. The formula for NBV is as follows,
NBV = Cost - Accumulated depreciation
NBV = 223162 - 200846
NBV = 22316
If the sales proceeds are more than the NBV of the asset, the asset is sold on gain and vice versa.
Loss on disposal = 20084 - 22316 = - $2232 or$2232 loss
Answer:
C. 4.93 percent
Explanation:
A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity. The value of the annuity is also determined by the present value of annuity payment.
Formula for Present value of annuity is as follow
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
Where
P = Monthly receipt = $1,225
n = number of period = 30 years x 12 month each year = 360 months
As we already have the present value of annuity we need to calculate the rate of return.
$230,000 = $1,225 x [ ( 1- ( 1+ r/12 )^-360 ) / r ]
r = 4.93
Abc airlines is adopting an <u>"assimilate"</u> option for managing diversity.
The idea of diversity includes acknowledgment and regard. It implies understanding that every individual is one of a kind, furthermore, perceiving our individual contrasts. These can be along the measurements of race, ethnicity, sex, sexual introduction, financial status, age, physical capacities, religious convictions, political convictions, or different philosophies. It is the investigation of these distinctions in a sheltered, positive, and supporting condition. It is tied in with seeing each other and moving past straightforward resistance to grasping and praising the rich measurements of assorted variety contained inside every person.
Answer:
d) $516,880
Explanation:
The computation of total amount of overhead cost allocated is shown below:-
For Machine = $317,520 ÷ 12,600 × 5,300
= $133,560
For Batch set up = $353,460 ÷ 12,900 × 10,600
= $290,440
For General factory = $250,560 ÷ 11,600 × 4,300
= $92,880
Total amount of overhead cost allocated to Product X = Machine + Batch set up + General factory
= $133,560 + $290,440 + $92,880
= $516,880
Answer:
True
Explanation:
The assumptions in the romantic view of leadership is that the leader is the one to determine the organizations success or failure. Therefore under the leadership of Ms Frederica Machionni, the company reported a loss of 19.5million dollar for 2016 after having reported a profit of 73.8million dollar in the previous year under the previous CEO.