Answer:
the depreciable cost' of the machine is $480,000
Explanation:
The computation of the 'depreciable cost' of the machine is shown below:
Depreciable cost = Asset cost- Salvage value
= $500,000 - $20,000
= $480,000
Hence, the depreciable cost' of the machine is $480,000
We simply deduct the salvage value from the asset cost so that the depreciable cost could come
The statement that internet service providers are capable of providing products and services is false.
- Internet service providers cannot be an example of organizations that can provide both goods and services.
- This is because, internet service providing organizations fall under the category of organizations that are especially known for only being able to provide services.
- Some other organizations that produce services alone, also include commercial banks and consulting firms.
- Therefore, the statement cannot be true.
Thus, from the above reasons it is clear that internet service providers can only provide services.
Learn more about Organizations that provide only services here:
brainly.com/question/27118899
#SPJ10
In the buy-side marketplace model, the reverse auction is typically used.
The term refers to buying securities and assets for clients's accounts, such as mutual funds, pension funds, trusts, private equity funds, etc.
Answer:
As a result of this sale, the firm's net cash flow will increase by more than $32,900. The right option is 1.
Explanation:
According to the given we have the following:
asset cost= $72,800
current book value=$42,760
sale=$32,900
Therefore, loss=current book value-sale
loss=$42,760-$32,900
loss=$9,860
tax saving on loss=$9,860*21%=$2,070.60
Therefore, net cash flow=$32,900+$2,070.60
net cash flow=$34,970.60
As a result of this sale, the firm's net cash flow will increase by more than $32,900
Answer:
The debit to Cash Short & Over would be = $ 5
Explanation:
Given data:
initial imprest balance = $ 230
current cash = $ 15
miscellaneous petty cash tickets = $ 3
specific petty cash tickets = $ 207
The debit to Cash Short & Over would be calculated as:
= Initial imprest balance - ( current cash + miscellaneous petty cash tickets + specific petty cash tickets)
or
= $ 230 - $ 15 - $ 3 - $ 207
or
The debit to Cash Short & Over would be = $ 5