Answer:
Answer is C. $8,000.
Refer below
Explanation:
You disagree with Ed "Shifty" Smith, a car salesperson, on the price of an open-end lease. He says the depreciation charge is only $6,000. The actual depreciation charge for a car now worth $23,000 that is expected to drop in value to $15,000 in two years is $8,000.
Answer:
By studying and reading your homework.
Answer:
B. False
Explanation:
The concept of limited liability means that an investor's liability for the debt of the company in time of liquidation is limited to the amount paid for the shares he subscribed for in the corporation or where they are not fully paid, to the unpaid portion of his shareholdings, This means the highest a shareholder can lose in a limited liability corporation in time of liquidation is the monetary value of the share he has in the firm.
In line with the above, it means that Ron is not personally liable to five percent of the financial obligations of the corporation but only the monetary value of the share he has bought and if they are not fully paid yet, he will only the unpaid portion.
The answer to this question is a company website.
<span>UPS company uses its company website to show case their
business by stating their services, prices, and tracking of their shipments.
Company website is also known as a corporate site which is designed to promote business
and to give information to the public about the business. Corporate websites
have a homepage, about us section, and contact information like address of the
business and contact numbers.</span>
The department’ contribution to overhead is $35510.
<h3>How to calculate the department contribution to overhead?</h3>
Given, sales= $119,000;
cost of goods sold= $74,870;
total direct expenses= $8,620.
Gross profit = Sales - (COGS + Direct expenses)
Gross profit = $119,000 - ($74870 + $8620)
Gross profit = $35,510.
<h3>What are direct expenses?</h3>
Direct costs, commonly referred to as costs of goods sold (COGS), are expenses that are entirely attributable to the creation of a particular commodity or service. These expenses cover the direct costs of the materials required to make the product as well as maybe any labor charges that are utilized only to make the product.
To know more about gross profit, visit:
brainly.com/question/18567528
#SPJ4