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BARSIC [14]
3 years ago
6

A company sold equipment that originally cost $100,000 for $60,000 cash. The accumulated depreciation on the equipment was $40,0

00. The company should recognize a:
Business
1 answer:
Maurinko [17]3 years ago
7 0

Answer:

$0 Gain or Loss

Explanation:

Given that,

Original cost of the equipment = $100,000

Accumulated depreciation on the equipment = $40,000

Book value of the equipment:

= Original cost of the equipment - Accumulated depreciation on the equipment

= $100,000 - $40,000

= $60,000

Gain/Loss = Sale value - Book value of the equipment

                 = $60,000 - $60,000

                 = $0

Therefore, the company should recognize a $0 Gain or Loss.

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if the marginal propensity to save is 0.12 the marginal propensity to consume(mpc) is the multiplier is
Vlad [161]

Answer:

If the marginal propensity to save is 0.12, the marginal propensity to consume(mpc) is 0.88, and the multiplier is 8.33.

Explanation:

From the question, we are given the following:

mps = Marginal propensity to save = 0.12

The marginal propensity to consume (mpc) and the multiplier can therefore be calculated as follows:

mpc = 1 - mps ........................ (1)

Substituting the values for mps into equation (1), we have:

mpc = 1 - 0.12

mpc = 0.88

Also, we have:

Multiplier = 1 / mps ..................... (2)

Substituting the values for mps into equation (2), we have:

Multiplier = 1 / 0.12

Multiplier = 8.33

Therefore, if the marginal propensity to save is 0.12, the marginal propensity to consume(mpc) is 0.88, and the multiplier is 8.33.

8 0
2 years ago
Think about choices to include and choices to avoid when developing a mission statement. Drag and drop each of the following phr
sergeinik [125]

Answer and Explanation:

The categorization is as follows:

For Poor Mission Statements:

1. Lists all or all kinds of  the products the organization sells

2. is product-oriented

3. is very broad  or wide

4. is less or lower than seven words

For Good Mission Statements:

1.  Addresses customers the organization serves

2. Is meaningful  and relevant

3. Is specific  and determined

4. Describes the business the organization is in

5. is market-oriented

6. States what the organization wants to accomplish or achieve

8 0
2 years ago
What happens when the price of a good increases
swat32

Answer:

the value of good increases (goes up)

3 0
2 years ago
What do you know about the company/organization you wish to work for?
Masja [62]

Explanation:

Financial health of the company.

Company's brand value.

Work culture and environment.

wages and salary ofc

4 0
2 years ago
Many in the advertising industry are calling for a new way to measure a commercial’s effectiveness, _____________, an accountabi
Vsevolod [243]

ROI is the answer to this question. ROI or Return of Investment is when the capital is now gained back and the business computes the amount of profit during the time the investment was returned. Return of investment is computed by dividing the benefit of investment over the cost of investment. 

6 0
3 years ago
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