Answer:
Loss on transaction is $12,043
Explanation:
Given:
Initial cost of equipment = $472,800
Accumulated depreciation = $449,160
Salvage value = Initial cost - accumulated depreciation
= $472,800 - 449,160
= $23,640
Selling price of equipment = $11,597
Since selling price is lesser than salvage value, the company incurs loss on the sale of equipment.
Loss on sale of equipment = Salvage value - selling price
= 23,640 - 11,597
= $12,043
Answer:
a. $1,680,000
Explanation:
The computation of the total equity is shown below:
= Common stock + Additional paid-in capital + Appropriated for uninsured earthquake losses retained earnings + Unappropriated retained earnings - treasury stock - Net unrealized holding loss on available-for-sale securities
= $600,000 + $800,000 + $150,000 + $200,000 - $50,000 - $20,000
= $1,750,000 - $70,000
= $1,680,000
The independent variable e.g amount of sunlight a plant gets independent; the plant's height would be dependent (it is relying upon the amount of sunlight the plant gets).
Answer: 4. the national unemployment rate and the LFPR both go up
Explanation:
The National Unemployment Rate is a measure of people who are actively seeking work but are still not employed. Bill is actively seeking employment but does not have it and so is in this category. As a result of his inclusion, this rate increases.
The Labor Force Participation Rate (LFPR) is a measure of an economy's ACTIVE workforce.
It is calculated by dividing the number of all workers who are employed or ACTIVELY SEEKING employment divided by the total noninstitutionalized, civilian working-age population.
Bill also falls under this category and so his inclusion here also serves to increase this rate.
This type of financing is called a mortgage loan. This is widely used in real estate business. The buyer acquires the real estate property, say a house. Without paying the full price of the house, you can apply for a loan, usually with banks. In return, you are going to allocate monthly payments to pay off the principal amount that you borrowed plus the interest of your loan until all debt pays off. Until the debt is not yet cleared, your property is declared as collateral.