Answer:
Determine the minimum amount for which the non-cash assets must have been sold, in order for quincy to receive some cash from the liquidation:
Total non-cash assets = 300,000
Less: Balance needed from non-cash assets = 95,000
($90,000 - $15,000 - $170,000)
Adjusted non-cash assets = 205,000
Less: Liquidation expenses = 15,000
Balance of non-cash assets = 190,000
Hence, the the minimum amount for which the non-cash assets must have been sold, in order for quincy to receive some cash from the liquidation would be any amount in excess of $190,000.
Explanation:
The positive risks when managing a corporation depending on the continent could be the innovation or creativity that I can bring depending on the culture and customs of each of these continents, the adaptation to cultural, political and organizational changes depends on me, so I must be adaptable and be interested in adjusting the patterns of my corporation to the customs of each continent.
The negative impact could be generated by not being able to advance with the corporation by following and complying with each of the administrative laws that require it, not being able to adapt to local customs, the tastes of the corporations and the culture of each continent could generate stress and in instead of moving back in the project.
Answer:
Answer not in the given option, please recheck for error.
depreciation in 2021 would be= $82,000
Explanation:
Depreciation incurrred in 2019:
Using straight line depreciation = original cost - salvage value / useful life
=(400,000-40,000)/10
=$36,000
The depreciation from January 1, 2019 to December 31st 2020 = 2 years
therefore depreciation for the two years = $36,000 x 2 = $72,000
Book value recorded early 2021= Original cost - the A ccumulated Deprecaition
= 400,000- 72,000= $328,000
But Remaining useful life =4 years with no salvge value
Therefore depreciation in 2021 would be = Cost - salvage value / useful life
($328,000 - 0)/4
= $82,000
Answer:
True Tuesdays meeting has been cancelled all thats needed
Answer:
For year 1, present value is $9,821.43
For year 2, present value is $19,132.65
For year 3, present value is $25,624.09
Explanation:
Please refer to the attached file
