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VLD [36.1K]
3 years ago
11

The balance in the equipment account is $4,900,000, and the balance in the accumulated depreciation—equipment account is $2,646,

000. a. What is the book value of the equipment? $ b. Does the balance in the accumulated depreciation account mean that the equipment's loss of value is $2,646,000? , because depreciation is an allocation of the of the equipment to the periods benefiting from its use.
Business
1 answer:
iren [92.7K]3 years ago
7 0

Answer:

A) Book value= $2254000

B) Yes, it is the theoretical loss on value due to use.

Explanation:

Giving the following information:

The balance in the equipment account is $4,900,000

Balance in the accumulated depreciation= $2,646,000

A) Book value= purchase price - book value= 4900000-2646000= $2254000

B) Accumulated depreciation is the cumulative depreciation of an asset up to a single point in its life. Through depreciation, a business will expense a portion of a capital asset's value over each year of its useful life. This means that each year, a capitalized asset is put to use and generates revenue, the cost associated with using up the asset is recorded. Accounting estimates the decrease in value using the information regarding the useful life of the asset.

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dybincka [34]

Answer:

To make a systematic inventory of Starbucks's competitive capabilities. you would conduct an assessment of Starbucks' <u>competitive set via a strategy matrix</u>

Explanation:

Making a systematic inventory of a company's competitive capabilities will help to identify growth opportunities.

A well developed competitive determines what your business will become, measures its share performance,  influence what products you developed, which consumers you targeted, where you sold the products and how you advertised and promoted them

So the first step is to list and access them to see it is strong enough to help your brand perform optimally.

This decision will drive where Starbucks focuses their attention

The Strategy Matrix is a tool that provides easy access to the solutions applied in the competitive set.

The strategy matrix can help scan possible solutions to the constraints. It combines several strategies to address several constraints according to the dynamics in the market.

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3 years ago
The specific identification method (select all that apply): matches each unit of inventory with its actual cost is not an accept
liberstina [14]

Answer:

<h2>The specific identification method</h2>

a) matches each unit of inventory with its actual cost

d) would be beneficial to a company that makes fine jewelry

Explanation:

The specific identification inventory valuation method is one of the inventory valuation method allowed by U.S. GAAP.   The other allowed methods are weighted average; and first in, first out (FIFO).  The specific identification method identifies every item kept in inventory and its price and tracks it from purchase to resale.  Some types of businesses that use the specific identification method are jewelry companies and stores, car dealerships, art galleries, and furniture stores, who can easily identify each item and track the cost and price respectively.

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3 years ago
What's is an example of decision making in college
Leya [2.2K]

Answer:

Choosing the correct program, using college resources, attending your classes, and doing well in assignments and exams.

6 0
3 years ago
The yield on a one-year bond is currently 3% and the expected yield on one-year bonds for the next two years is 5% and 4%. If th
sveticcg [70]

Answer:

5.75%

Explanation:

The computation of the  yield on a bond with three years to maturity is shown below:

Given that

Yield on a one-year bond is 3%

The expected yield on one-year bonds for the next two years is 5% and 4%

And, the liquidity premium is 1.75%

So, the yield on a bond with three years to maturity is

= (3% + 5% + 4%) ÷ 3 years + 1.75%

= 4% + 1.75%

= 5.75%

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3 years ago
A holder in an investment.
kumpel [21]
I think it's b honestly
3 0
3 years ago
Read 2 more answers
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