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liubo4ka [24]
3 years ago
11

The personal cultural orientation that questions whether the consumer avoids talking to strangers and prefers a routine is _____

___.
Business
1 answer:
Zanzabum3 years ago
4 0

Answer: Monotony

Explanation: It can be defined as the absence of variety that triggers boredom. However, some people tend to acquire this lifestyle because it offers them the feeling of security, because the simple fact of knowing other people for them would give rise to restlessness and anxiety situations, ane they are always looking for safe ones.

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On October 1, 2022, Sheridan Company places a new asset into service. The cost of the asset is $81000 with an estimated 5-year l
Ahat [919]

Answer:

the depreciation expense for 2022 is $3,000

Explanation:

Straight line method of depreciation charges a fixed amount of depreciation over the period of use of an asset.

Depreciation Expense = (Cost - Residual Value) / Number of useful life

                                      =  ($81000 - $21000) / 5

                                      =  $12,000

The Annual depreciation charge for this machine will be $12,000 for each of the years that it is used in the business.

However since it was paced in use during the year that is 1 October, we have to apportion the Annual charge withe number of months that its has been in use during 2022.

It has been used for 3 months thus depreciation charge is :

Depreciation = 3/ 12 × $12,000

                      = $3,000

8 0
3 years ago
Nivan Co. issued $500,000 of 5 percent, 10-year, callable bonds on January 1, Year 1, at their face value. The call premium was
Sav [38]

Answer and Explanation:

The journal entries are shown below:

On Jan 1

Cash $500,000

          To Bond Payable  $500,000

(Being the issuance of the bond is recorded)

On Dec 31

Bond Payable $500,000

Loss on redemption $15,000    ($500,000 × 3%)

          To Cash    ($500,000 × 103%)  $515,000

(Being the redemption of the bond is recorded and the remaining balance or we can say balancing figure is debited to loss on redemption)

8 0
3 years ago
G MC Qu. 87 When is a goodwill impairment loss... When is a goodwill impairment loss recognized?
marin [14]

Answer:

Goodwill impairment occurs when a company decides to pay more than book value for the acquisition of an asset.

An impairment is recognized as a loss on the income statement and as a reduction in the goodwill account. The amount of the loss is the difference between the current fair market value of the asset and its carrying value or amount.

Explanation:

6 0
3 years ago
Ollie Company experienced the following events during its first-year operations: 1. Acquired $72,000 cash from the issue of comm
SCORPION-xisa [38]

Answer and Explanation:

The preparation of the statement of changes in stockholders' equity is presented below:

                                                Ollie Company

                      Statement of changes in stockholders' equity

Beginning common stock $0

Add: Common stock issuance $72,000

Ending common stock $72,000

Beginning retained earning $0

Add: Net income $16,000      ($59,000 - $43,000)

Less: cash Dividend paid -$7,000

Ending retained earning $9,000

Total stockholder equity $81,000 ($72,000 + $9,000)

4 0
3 years ago
If the midwest experiences a severe drought that damages the corn crops, we should expect the:_________.
kozerog [31]

Answer:

B) The Supply of corn will decrease and the price of corn will rise.

Explanation:

Option B is correct because the drought has damaged the corn crops. Therefore, this will affect the supply of corn in the market. Moreover, the damage of corn crops will shift the supply curve leftwards and this shift in the supply curve will push the prices upwards. Thus, the damage of corn crops will increase the prices due to a decrease in its supply.

4 0
3 years ago
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