Answer:
The loss is "$10,000" and the gain is "$25,000".
Explanation:
The given amount is:
Cost,
= $215,000
Accumulated depreciation,
= $185,000
Book value,
= $30,000
Now,
The loss on sales will be:
=
=
= ($)
The gain on sales will be:
=
=
= ($)
Answer:
See explanation section
Explanation:
A list of 5 business ideas that interests me -
a) Restaurant;
b) Environment-friendly small tools;
c) Recyclable and reusable setting business;
d) Tours & Travels;
e) Effective education program to enhance moral value.
For me, tours and travels business is highly opportunistic. Reasons are -
i) The company needs straightforward startup costs.
ii) There are massive opportunities because people like to travel very often.
iii) I can do my work independently.
iv) I have the chance to roam around the world with free air tickets.
The Federal Reserve is responsible for monitoring the money supply and the general stability and safety of u. s. banking system.
The US Central Banking System - The Federal Reserve System or Federal Reserve Board (Fed) is the most powerful economic institution in the United States and possibly the world. Its core responsibilities include setting interest rates, managing the money supply, and regulating financial markets.
The Federal Reserve promotes the safety and soundness of individual financial institutions and oversees their impact on the financial system as a whole.
The FOMC controls the country's money supply. The voting members of the FOMC are the Board of Governors, the president of the Federal Reserve Bank of New York, and the presidents of the other four Reserve Banks, who function on a rotating basis. All Reserve Bank Governors participate in FOMC policy discussions.
Learn more about Federal Reserve here brainly.com/question/25817380
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Answer:
0.73
Explanation:
Debt to equity ratio is calculated as Total debt / Total equity
= $0.8 million / $1.1 million
= 0.73
Therefore, debt to equity ratio is 0.73