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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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The Gramm-Leach-Bliley Act
Feliz [49]

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Explanation:

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The Act requires that Financial Institutions such as commercial banks, investment banks, securities firms, and insurance companies under the FINANCIAL PRIVACY rule ensure that they explained their information sharing principles of their customers' information to their customers and to safeguard sensitive data.

7 0
3 years ago
This is not an effective use of wikis.
Cerrena [4.2K]
The answer should be B) Online Conversation.

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5 0
3 years ago
Read 2 more answers
Gary, a new salesperson for a reputed cellphone manufacturer, meets the owner of a transport company that employs 50,000 people
qaws [65]

Answer:

Option B. It is unrealistic

Explanation:

The reason is that the people have different likes which means we will never see 100 percent acceptance from the customers which might in the way of rejecting the offer of Gary. So the assumption that 50,000 cab drivers will purchase its product is truly optimistic which in other words is unrealistic assumption. So the option B is correct.

Option A is incorrect because the assumption is less qualitative as it doesn't relies on realistic assumption.

The cab drivers sales are relevant here but the sales assumption was unrealistic (Highly optimistic assumption) so the option C and D are incorrect.

Option E is also incorrect because the sales to cab drivers can be measure by initially directly selling 1000 cell phone to 1000 cab drivers which will give an actual idea of sales units expected, which means it is measurable.

6 0
3 years ago
Your younger sister needs $50 to buy a new bike. she has opened a lemonade stand to make the money she needs. your mother is pay
Elis [28]

Elastic demand means that consumers are sensitive to price and that increased prices can lead to lower sales. There isn't enough information to fully answer this question. We don't know how elastic the demand is. If the demand is only slightly elastic, the increased price and lower demand could still equal higher profits.

5 0
3 years ago
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ollegr [7]

The correct option is (c). Design cost  is not a cost of quality.

Design-to-Cost (DTC), one of several cost management strategies, denotes a methodical strategy for limiting the expenses associated with product development and manufacture. The fundamental tenet is that expenses are hard to avoid once they are "built into the product," even from the first concept judgments on.

As a component of cost management strategies, design-to-cost refers to a methodical strategy for reducing the costs associated with product development and manufacturing. The fundamental tenet is that expenses are hard to avoid once they are "built into the product," even from the first concept judgments on.

Learn more about design-to-cost here

brainly.com/question/20329337

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8 0
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