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slava [35]
3 years ago
13

Jones Company purchased a piece of equipment for $12,000. It has accumulated depreciation at the end of three years of $4,000. W

hat is the book value of the equipment at the end of year 3?
Business
1 answer:
Otrada [13]3 years ago
8 0

Answer:

The book value of the equipment at the end of year 3 is $ 8000.

Explanation:

The book value is the value at which the asset is reported in the balance sheet at reporting date. The book value is calculated by subtracting amount of depreciation charge against in income statement till repoting date form cost of asset. The detail calculation is given below.

BV = Cost - Ac depreciation

BV = 12,000 - 4,000 = $ 8,000

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Krazy Kayaks sells its entryminuslevel kayaks for​ $750 each. Its variable cost is​ $500 per kayak. Fixed costs are​ $25,000 per
Daniel [21]

Answer:

Net operating income= 565,000

Explanation:

Giving the following information:

Krazy Kayaks sells its entry-level kayaks for​ $750 each. Its variable cost is​ $500 per kayak. Fixed costs are​ $25,000 per month for volumes up to​ 1,100 kayaks. Above​ 1,100 kayaks, monthly fixed costs are​ $60,000.

Sales= 2,500*750= 1,875,000

COGS= (500*2,500)= (1,250,000)

Gross profit= 625,000

Fixed costs= (60,000)

Net operating income= 565,000

7 0
3 years ago
What market structure would the manufacturers of the cellular phones be categorize as?
deff fn [24]
I think it would be “oligopoly”
7 0
3 years ago
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S_A_V [24]

Answer:

The correct word for the blank space is: Timeliness.

Explanation:

Timeliness is a characteristic the Financial Statements must meet by which executives in decision-making positions could be able to read and comprehend what the information reflects on the company's well being so they can take proper action to correct the course of the company or find the way to keep it and improve it.

7 0
3 years ago
if you followed the suggestions of robert m. mcmath, which of these provides the best advice for a marketer for colgate, when la
dimaraw [331]

Robert M. McMath, would be best  for a marketer like Colgate to launch a new consumer product like toothpaste Study past toothpaste product failures and learn from them.

What is Product launching?
A product launch involves multiple teams, including  sales teams, customer support teams, product teams, product marketing, event management, and even managers. Each team aligns and collaborates to maximize go-to-market potential, building anticipation, interest, brand awareness and momentum in the process. Some product launches are more memorable and successful than others. For example, when Apple releases a new iPhone, it circulates several press releases and articles before unveiling the new design at its annual conference. This creates so much excitement and hype that potential users line up at retail outlets overnight to get their hands on the device.

To learn more about Product launching
brainly.com/question/27960275
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5 0
1 year ago
It costs Cool Clothes Company $15 to produce one pair of jeans, but they needed to discontinue production of shirts to focus on
Korolek [52]

Answer:

production cost; opportunity cost

Explanation:

4 0
3 years ago
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