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Dafna11 [192]
4 years ago
13

Wells Company's delivery truck, with a cost of $56,000 was destroyed by fire. At the time of the fire, the balance of the Accumu

lated Depreciation account amounted to $38,000. The company received $32,000 reimbursement from its insurance company. The gain or loss as a result of the fire was_________.(A) $24,000 loss.(B) $14,000 loss.(C) $24,000 gain.(D) $14,000 gain.
Business
1 answer:
seraphim [82]4 years ago
8 0

Explanation:

Is the answer C if not please explain

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Identifiable intangible assets would include all of the following except patents. goodwill. franchises. trademarks.
Nutka1998 [239]

Answer:

goodwill

Explanation:

As we know that the intangible assets are those assets which cannot be seen or even touched

It involved the assets such as patent, goodwill, trademark, franchisee, etc

But the asset which cannot be identifiable is goodwill

Therefore as per the given situation, the goodwill is the correct option

Hence, the second option is correct

6 0
3 years ago
Which of the following fees would likely be the highest? A. Overdraft fee B. Account transfer fee C. Monthly service fee D. ATM
belka [17]
The answer to this question is: overdraft fee
Overdraft fee is a fee that charged by the Banks everytime you make a transaction through your account.
Unlike any other option above, overdraft fee could happen more than once a day depending on how the owner use it, so it will be most likely to be the highest
5 0
3 years ago
Read 2 more answers
Women make up 45% of the world s workforce. What percentage of these women live in poverty?
natita [175]
I think A. 25%

Note I am not 100% sure

5 0
3 years ago
The price elasticity of demand for food tends to be:.
4vir4ik [10]

The price elasticity of demand for food tends to be price inelastic when the absolute value is less than 1.0.

<h3>What is Price Elasticity?</h3>

This refers to the measure of the effect of a price change that is supplied to customers.

Hence, we can see that when factoring in the price elasticity for food items, it is price inelastic simply because food is essential and as such, the price of the food item does not have a huge impact on the demand.

Read more about price elasticity here:
brainly.com/question/5078326

#SPJ1

4 0
2 years ago
XYZ Company is currently experiencing a backlog at its loading dock. A manager figures that if she were to hire an extra worker
Goshia [24]

Answer:

$300

Explanation:

Data provided as per the question

Increase in volume = $400

Wage rate = $100

The computation of marginal revenue is shown below:-

Marginal revenue = Increase in volume - Wage rate

= $400 - $100

= $300

Therefore for computing the marginal revenue we simply deduct wage rate from increase in volume. So, the marginal revenue is $300.

5 0
3 years ago
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