Answer:
$34,200
Explanation:
Step 1 : Cost of Equipment
<em>Cost of Equipment include Purchase Price plus other costs directly incurred to put the asset in location and condition intended for use by management</em>
Cost of Equipment = $110,500
Step 2 : Depreciation
Depreciation = (Cost - Residual Value)/ Useful Life
= $17,100
Step 3 : Accumulated Depreciation
Accumulated Depreciation = $17,100 x 2 = $34,200
Therefore,
the amount of accumulated depreciation at December 31, 2022 is $34,200
<span>The quote captures Smith's description of the complexity and scope of the division of labor, and its ability to increase the standard of living in a given society. Smith believes that the propensity to truck, barter and exchange is part of human nature, and it is precisely this capacity that best organizes the economic system in large scale societies. The cooperation of the many thousands, inspired by each person's self interest, is what allows for the economic system to flourish, spreading opulence and raising the overall quality of life. Since observations on the progress inspired by the division of labor begin the book, Smith uses the contemplation of simple items (pins, for instance) as a starting point for his theorizing on the organization of economics in general.</span>
Answer: D) gain the attention of the consumer.
Explanation:
The first and foremost thing is marketing is to gain the attention of the consumer. This is why Adverts usually start with something eye catching and then move on to explain the product.
All other steps in the marketing process including development of brand awareness cannot be implemented if the consumer's attention is not gained.
The first and foremost goal of marketing in simple terms therefore is to first grab their curiosity then gain their attention.
Answer and Explanation:
Q2) Calculate the amount that should be reported as net cash flow from operating activities:
Account Receivables = $40
Depreciation = $ 60
Since there is an in Account Receivables therefore it will be negative
Since depreciation is a non cash expense, therefore, it will be added
$60 - $40 = $20 (Net Cash flow from operating activities)
Q3) Amount as net income:
Revenue = $170
Depreciation ($60)
Net Income = $110
Q4)
Net inome = $170
Depreciation = $60
Increase in Accounts Receivables = ($40)
Net Cash flow from operating activities = $190
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
