Answer:
Service Firms is the correct answer.
Explanation:
Answer:
The value per bond must be $1000
Explanation:
The reason is that the short term investments must be valued at current fair market value which is $1000 per bond today so the perceived value of the unit bond which is $1200 per bond is irrelevant here.
The amount recorded = Number of bonds * Current market value
The amount recorded = 250 * $1000 = $250,000
Answer:
1.- The operating income would <u>increase </u>for $680
2.- The operating income would <u>decrease</u> for $680
3.- The Operating Income would be $59,500
Explanation:
We are going to use the contribution margin per unit
<u>This way we avoid most of the calculations</u>
1.- Contribution Margin x ΔUnits = ΔOperating Income
CM per units 17 x 40 = <em>680</em>
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2.- Contribution Margin x ∨Units = ∨perating Income
CM per unit x (-40) = <em>-680</em>
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3.- Contribution Margin x Sales Volume - Fixed Cost = Operating Income
17 x 6,800 - 55,700
115.600 - 55,700 =<em> 59,900</em>
Answer:
d. Straight-line.
Explanation:
Depreciation: Depreciation is an expense indicating a reduction in the value of fixed assets due to tear and wear, obsolescence, usage, time period, etc. It is shown on the income statement debit line. It is a non-cash item not impacting the cash balance.
In the straight-line method, the depreciation expense would be lowest in this method and it remains the same for the remaining useful life
In the double-declining method, the depreciation rate is doubled and contain the highest value
In the sum of the year digit, we sum the useful life like 5 years so we sum 5+4+3+2+1 = 15 years and divide it to the useful life i.e 5
In the composite or group, the depreciation is taken for the group, not for the individual company
Answer:
Iv had a good interest in locomotives since I was about 7. There were tracks a few blocks down the road from where I lived, and about 3-8 would pass a day. They passed by so much that I learned which horn went with each train. There were about 5 different trains and I remember one of the engine's numbers to be 2524, which is ironically the last numbers for my phone. This went on till I was 13 when we moved and I had to say goodbye to all of those trains. I even named when, which only made it worse when I moved. They were: Thomas (why not), James, Elif, Mack, and Karen. Karen had the loudest horn, which made sense. Thomas was #2524, James only came on the weekends and was a coal train, Elif had a flame on the front, and Mack had the loudest engine out of them all but hustled quickly. But back to what your asking, I want to be a conductor, or really anything that has to do with trains. I have and always will have a love for them. Plus, you can travel anywhere them tracks take you, and the pay is worth the 6 hours of sleep you get. Not alot but that sums that up :)
