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2 years ago

What factors of production will go into making the item

1 answer:

6 0

Production Capital, Human Capital, Resource Capital, and Intellectual Capital...
Let me know if you need to know what those are :)

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Marston acquired assets for $100,000. At the end of year 3, the assets had accumulated depreciation of $40,000. An impairment lo

MissTica

Answer:

(b)-Debit to loss on impairment of $12,000

Explanation:

As for the details in question,

The asset purchase price = $100,000

Accumulated depreciation = $40,000

Thus, book value = Purchase price - Accumulated depreciation = $100,000 - $40,000 = $60,000

Now, this has a fair market value = $48,000

Thus, loss of value to be recorded as impairment loss = $60,000 - $48,000 = $12,000

Since loss in value will decrease the value of asset, it will be debited against credit in fixed assets by $12,000

This, will represent book value = $48,000

Therefore, correct option is:

Statement B

7 0

2 years ago

Which of the following would lead to an increase in the demand for golf balls?

dangina [55]

Answer:

Option C, An decrease in the price of golf balls, is the right answer.

Explanation:

Option “C” is correct because as per the law of demand, the price of a commodity and its demand are inversely related to each other. If the price increases, then the demand for the commodity falls. If the price of the commodity falls, then the demand increases. Similarly, in the case of golf balls, when its price decreases then this decrease in price will result in an increase in demand for golf balls.

3 0

3 years ago

Question 1

s344n2d4d5 [400]

Probably D. Exotic Species

8 0

2 years ago

Read 2 more answers

A(n) ________ is a software platform that uses social media to facilitate cooperative work of people within an organization. sci

SCORPION-xisa [38]

The answer to this question is the Enterprise Social Network. The Enterprise Social Network or ESN is where businesses / organization use social media to have connections with individuals and groups that have common business ideas, interest, and activities. Enterprise Social Network have the benefits of having a real time source content from the users, providing an access to all archieve documents, and it can streamline communications.

6 0

3 years ago

Norris Company declared cash dividends of $60,000 during the year. Cash dividends payable were $20,000 at the beginning of the y

Schach [20]

Answer:

Dividend paid during the year will be $55000

So option (B) will be the correct answer

Explanation:

We have given dividend declared during the year=$60000

Dividend payable at the beginning of the year=$20000

Dividend payable at the end of the year=$25000

We have to find the dividend paid during year

Dividend paid during the year=Dividend payable at the beginning of the year+ Dividend declared during the year-Dividend payable balance at the end of the year

Dividend paid during the year=$20000+$60000-$25000=$55000

So option (b) will be the correct answer

5 0

2 years ago