Keep track, and save ahead of time to complete your bills in time, or if your young get a gas card or kohls cards, and pay the bill immediately. ~SUGGESTION
Answer:
$150000
Explanation:
Solution
The first step to take is to calculate the recognized gain.
Given that:
the outside basis = $100,000
Cash =$10,000
The fair market value of the boot manufacturing company is = $260,000
Now,
The Recognized gain is stated as follows:
The Fair Market Value - (Outside Basis + Cash)
= $260000 - ($100000 + $10000)
= $260000 - $110000
= $150000
Therefore her calculated gain is $150000
Answer:
b. $0.40 per unit and $8,000
Explanation:
High low method separates the fixed cost and variable cost using net of Highest activity level and Lowest activity level and net of their relevant costs.
According to High low method
Variable cost per unit = ( Highest activity cost - Lowest activity cost ) / ( Highest Activity - Lowest activity )
Variable cost per unit = ( $120,000 - $74,000 ) / ( 280,000 - 165,000 )
Variable cost per unit = $46,000 / 115,000
Variable cost per unit = $0.4
Fixed operating cost = Total cost - Total Variable cost = $120,000 - ( 280,000 x $0.4 ) = $8,000
Answer: Inconsistency
Explanation:
The inconsistency is the term which is used to refers to the difference between the different types of ideas and services which is provided to the people depends upon their capabilities and the performance.
According to the given question, The Inconsistency is one of the unique elements that best illustrating the given example about the services as Waded is received a help for picking out the new printer.
On the other hand, Cheryl is one of her roommate and when she visit the Best Buy she does not provide any type of help. So, that is why based on the given situation is basically refers to the inconsistency in the services that is provided by the Best Buy.
Therefore, Inconsistency is the correct answer.
Answer:
The depreciation expense for the first year is $8,000,000
Explanation:
Depreciation: The depreciation is an expense which reduce the value of the fixed assets due to tear and wear, usage, obsolesce, etc. It is shown under the income statement in the debit side and the accumulated depreciation would be shown in the asset side of the balance sheet. It is deducted from the ending value of the fixed assets.
The formula to compute the depreciation expense under straight line method is shown below:
= 
= 
= $8,000,000
In straight line method, the depreciation expense would remain same over the useful life i.e 4 years.
And, we do not consider the miles so we ignored it.
