1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
babunello [35]
3 years ago
5

A fixed asset with a cost of $52,025 and accumulated depreciation of $44,221 is traded for a similar asset priced at $55,501. As

suming a trade-in allowance of $5,664, the recognized loss on the trade is
Business
1 answer:
kkurt [141]3 years ago
6 0

Answer:

$2,140

Explanation:

When a commercial substance exists in the course of the exchange of an old asset for a new one , the gain or loss on this assets is recognized,

Commercial substance can be said to exist when the exchange assets impact the future cash flow. The extended useful life of the involved assets in the question the  the newly acquired asset through exchange support this.

<u>Workings</u>

Cost of the fixed assets = 52,025

Accumulated depreciation = 44,221

Book value = 7,804

Trade in allowance = 5,664

loss = 7,804 - 5664 = 2,140

You might be interested in
Maggie buys oranges regularly, but she notices that the price of oranges goes up every july. what might happen in july to explai
MissTica
The answer is A i just had that question on Plato

4 0
3 years ago
What advice would you give to anyone who thinks they are going to be terminated from their employment?
nalin [4]

Answer:

✓ Do not panic

✓ ask your employer for a honest feedback

✓Initiate a conversation in a neutral setting with your boss

✓Don't trust everything your boss says

✓Do your best work possible

✓Step up your game

✓Keep your boss and others in the loop

4 0
3 years ago
"Vaughn Corporation is considering the issue of commercial paper and would like to know the yield it should offer on its commerc
Naddik [55]

Answer:

7.6 percent

Explanation:

Vaughn should offer 7.6 percent on its commercial paper.

This is calculated by adding the 0.2 credit risk premium to 0.1 percent liquidity premium + 0.3 percent tax adjustment + 7 percent annualized t bills rate.

= 0.1 + 0.2 + 0.3 + 7

= 7.6

Based on this Vaughn would offer 7.6 percent on its commercial paper.

6 0
3 years ago
Indirect labor includes: (You may select more than one answer. Single click the box with the question mark to produce a check ma
IrinaVladis [17]

Complete Question:

Options:

a) labor of employees working directly on the product

b) labor of the maintenance employees

c) labor of the clerical staff

Answer:

Indirect labor includes:

b) labor of the maintenance employees

c) labor of the clerical staff (factory)

Explanation:

Indirect labor is the cost of labor for all those who contribute to the production of a product, but  indirectly.  These include the labor costs of equipment and factory maintenance employees, factory clerical staff, supervisors, and managers, product inspectors and quality controllers, etc.  The determining factor is the level of involvement: direct or indirect or outside production.  If it is direct or outside production, it is not part of indirect labor.

6 0
3 years ago
. when wq&lt;1, minimum "c for asa" can be found. thus run the excel sheet based on the formula we can get the minimum cost staf
Liula [17]

For each call center, the total "C for ASA" is as follows: 271, 67, 57, and 73. Each center needs to have a minimum of 23, 6, 5, and 6. 40 workers are needed in total to staff the four call centers: 23 + 6 + 5 + 6.

What is ASA?
The independent advertising regulator in the UK is called the Advertising Standards Authority (ASA). The ASA ensures that advertisements in UK media follow the advertising guidelines (the Advertising Codes). The ASA's sibling organization, the Committee of Advertising Practice (CAP), is in charge of creating the Advertising Codes.

to learn more about ASA
brainly.com/question/28156685
#SPJ4

7 0
1 year ago
Other questions:
  • Several months after the reorganization, Jim Umpleby checks in with department managers to see how their employees are handling
    6·1 answer
  • If a firm invests in continuous innovation and willingly cannibalizes its existing products with more advanced products, the fir
    9·1 answer
  • Kinslow Manufacturing Company paid a dividend yesterday of $2.50 per share. The dividend is expected to grow at a constant rate
    10·1 answer
  • How do we know our current money has value?
    13·1 answer
  • Because most of the parts for its irrigation systems are standard, Waterways handles the majority of its manufacturing as a proc
    10·1 answer
  • Josh attends a job interview for a sales position at Millerton Corp. The interviewer at Millerton, Alisha, asks him open-ended q
    15·1 answer
  • Gourmet Pets is interested in computing the breakeven quantity for its new product, Prime Cuts. The annual fixed costs that must
    7·1 answer
  • If nike started selling new shoes
    5·2 answers
  • Samsung innovations have proven to be successful supported by statistical data.
    6·1 answer
  • If Country A is an agricultural country and Country B has many cities and factories, it would make sense for
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!