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Ksivusya [100]
3 years ago
10

On December 31, Strike Company traded-in one of its batting cages for another one that has a cost of $500,000. Strike receives a

trade-in allowance of $11,000. The old equipment had an initial cost of $215,000 and has accumulated depreciation of $185,000. Depreciation has been recorded up to the end of the year. The difference will be paid in cash. What is the amount of the gain or loss on this transaction?A. gain of 11,000B. no loss or gain will be recordedC. loss of 19,000D. loss of 11,000
Business
1 answer:
Ronch [10]3 years ago
5 0

Answer:

C. loss of 19,000

Explanation:

Old equipment cost = $215000 - $185000

                                 = $30000

Loss = $30000 - $11000

        = $19000 loss

Therefore, The amount of the gain or loss on this transaction is a loss of $19000.

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How do you plan to become a responsible consumer? ​
Ksivusya [100]

Answer:

Do not be a Karen :) No no I'm just kidding- a way to be is respect, make sure ur patent, if you talking about the other meaning to it which is eating something the answer for that is to not be picky uhhh yeah I hope this helped

also I know I'm weird forgive me-

7 0
3 years ago
Xochi is a corporate PR consultant. She has many clients and would like to find a more efficient way to access and send informat
Gnoma [55]

Answer:

Enterprise social media network.

Explanation:

Enterprise social media network is the use of social network to link people who share common interest. Enterprise social network could be internal to a business such as Yammer, communicator which are meant to communicate among employees or external to a business such as use of Google+ or other social media network platforms which connects a business to it's customers.

The advantage of Enterprise social media networks is that they can be searched such that people can follow, tag or view activity. Here, users can check and send messages conveniently and efficiently to people compare to email alone.

With regards to the above scenario, Xochi should use Enterprise social media network tool to search and manage information.

5 0
3 years ago
Suppose the state of Wyoming passes a law that increases the tax on cigarettes. As aresult, smokers who live in Wyoming start pu
fomenos

Answer:

a. People respond to incentives.

Explanation:

Assuming the state of Wyoming passes a law that increases the tax on cigarettes thereby causing smokers who live in Wyoming to start purchasing their cigarettes in surrounding states.

Consequently, an increase in the tax on cigarettes altered the behavior of the smokers in Wyoming, it made them to purchase from neighboring states.

This illustrates or reflect the fact that people respond to incentives.

6 0
3 years ago
Samantha makes $250.00 a week and saves 10% of her paycheck each week. How much will she save in 12 months
lozanna [386]

Answer:

7

Explanation:

9867=7

7 0
2 years ago
The data analysis process phases are ask, prepare, process, analyze, share, and act. What do data analysts do during the ask pha
salantis [7]

The thing which the data analysts do during the ask phase are:

  • Define the problem by looking at the current state
  • Identifying how it's different from the ideal state.

<h3>What is Data Analysis?</h3>

This refers to the use of data to find out the similarity and differences between the different data and how to use it to solve problems.

With this in mind, we can see that during the data analysis process phases, we can see that they include:

  1. Ask
  2. Prepare
  3. Process
  4. Analyze
  5. Share
  6. Act.

Then in the ask phase, the data analysts have to define the problem and then identify how to solve it.

Read more about data analysis here:

brainly.com/question/23810306

7 0
2 years ago
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