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iren [92.7K]
3 years ago
13

"Whenever Andrew considers upgrading his personal computer system, he consults with Jeremy, a knowledgeable friend who always ha

s the newest technology. For Andrew, Jeremy is a(n) __________ in the diffusion of innovation curve."
Business
1 answer:
maksim [4K]3 years ago
8 0

Answer: innovator

Explanation:

From the question, we are informed that whenever Andrew considers upgrading his personal computer system, he normally consults with Jeremy, a knowledgeable friend who always has the newest technology.

Regarding the question, Jeremy is an innovator. An innovator is someone who has embraced new ideas and is always trying out new gadgets and technology.

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Manchester Company sells equipment on June 1, 2021, for $222,400 cash. Manchester incurred $1,280 of removal and selling costs o
drek231 [11]

Answer and Explanation:

The journal entries are as follows:

But before that the accumulated depreciation for 3 years is as follows:

Cost $400,000  

Less: Residual value $64,000

Depreciable cost $336,000

Divide by Useful life 10  

Annual Depreciation $33,600  

Accumulated depreciation for 3 years $100,800 ($33,600 × 3 years)

Now the journal entries are as follows:

a.

On June 1, 2021        

Depreciation expense $14,000 ($33,600 × 5 months ÷ 12 months)

       To Accumulated Depreciation $14,000

(Being depreciation expense is recorded)

On June 1,2021        

Accumulated Depreciation $114,800 ($100,800 + $14,000)

Cash $221,120 ($222,400 - $1,280)

Loss on Disposal $64,080

       To Equipment $400,000

(Being the disposal of an asset is recorded)

b.

On June 1, 2021        

Depreciation expense $14,000 ($33,600 × 5 months ÷ 12 months)

       To Accumulated Depreciation $14,000

(Being depreciation expense is recorded)

On June 1,2021        

Accumulated Depreciation $114,800 ($100,800 + $14,000)

Loss on Disposal $285,200 ($221,120 + $64,080)

       To Equipment $400,000

(Being the disposal of an asset is recorded)

7 0
3 years ago
Fiber-optic cable most likely would be used in a business network when (1 point) saving money is more important than speed. the
Papessa [141]
When electrical or magnetic interference is present
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3 years ago
Choosing to go to college over getting a job right out of high school is an example of a(n) _____.
AfilCa [17]

Answer: go to the national college this is what it is called NCCS

Explanation:

6 0
3 years ago
T-Bills are a security whose price can vary in the market where they are bought and sold after they are auctioned to the investi
natka813 [3]

Answer:

C. What you earn on this security would not change as a result of the change in interest rates.

Explanation:

The increase in the interest rate will decrease the price of the T-Bill if you want to sell it to another investor, but what you will earn with the security will not change at all. Your earnings in dollars = interest rate paid by the T-Bill or any other type of bond.

If you buy and sell securities for a living, then a change in the interest rates can make you win or lose money, since the price of the securities will increase or decrease. If interest rates increase, the price decreases. But if you invest on a security to earn the coupon or interest rate that it pays, a change in the price will not affect you because you already own it. The opportunity cost of holding the security might change, but the accounting revenues will not.  

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3 years ago
whiche one of the following are not elements of an insurable risk a) determinable probability distribution b) calculate chance o
ankoles [38]

Answer:

okay

Explanation:

okayndhdjsoakcgheioazncndjjaak

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