Answer:
Annual depreciation= $14,420
Book value= $50,160
Explanation:
Giving the following information:
Purchase price= $79,000
Useful life= 5 years
Salvage value= $6,900
<u>To calculate the depreciation expense, we need to use the following formula:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (79,000 - 6,900) / 5
Annual depreciation= $14,420
<u>Now, the book value:</u>
Book value= purchase price - accumulated depreciation
Book value= 79,000 - (14,420*2)
Book value= $50,160
The unit consider ROE/EOF<span> implications on the mission in the third step of Troop Leading Procedures which is the making of tentative plan. The leader would have here the details of the mission. He would also assess the situation and plan his course of action development. He will then analyze each course of action he is proposing and compare it to the different course of actions he can come up with. After a thorough analysis, he would decide the best course of action to be followed. In doing this, EOF would come in to consideration. These are sequential course of actions which are nonlethal in nature. This includes the visual signals like the flags, pyrotechnics, spotlights and lasers.</span>
Answer:
economic profit = $2000
Explanation:
given data
currently maximizes profit = 400 units
marginal cost = $25
average total cost = $20
to find out
earning economic profit
solution
first we get here Total revenues that is express as
Total revenues = currently maximizes profit × marginal cost
Total revenues = 400 × $25
Total revenues = $10000
and Total cost will be
Total cost = currently maximizes profit × average cost
Total cost = 400 × $20
Total cost = $8000
so economic profit will be
economic profit = Total revenues - Total cost
economic profit = $10,000 - $8,000
economic profit = $2000
Answer:
B) the sale of goods to a customer.
Explanation:
When goods are sold to a customer, the cost of goods sold account is debited by the same value that the finished goods inventory is credited.
For example, suppose a company sells $1,000 worth of goods to a customer, and the sales price is $1,200. The customer pays by cash the full value of the goods. The journal entry would be:
Account Debit Credit
Cash $1,200
Sales Revenue $1,200
Cost of Goods Sold $1,000
Finished Goods Inventory $1,000
