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shutvik [7]
4 years ago
5

Ringler Corporation exchanges one plant asset for a similar plant asset and gives cash in the exchange. The exchange is not expe

cted to cause a material change in the future cash flows for either entity. If a gain on the disposal of the old asset is indicated, the gain will
Business
1 answer:
Thepotemich [5.8K]4 years ago
4 0

Answer:

Explanation:

In this scenario, If a gain on the disposal of the old asset is indicated, the gain will effectively reduce the amount to be recorded as the cost of the new asset. This is because the old asset was exchanged but Ringler Corporation still had to spend some money during the transaction to acquire the new asset, therefore any gain on the disposal of the old asset will ultimately recover some of those costs thus reducing the recorded cost.

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Scenario 1 Your deliveries to retail stores have not been on time lately, and neither have the departures of loaded trucks from
Feliz [49]

Answer:

Answer is explained in the explanation section below.

Explanation:

1. What are the root causes of late deliveries, according to you?

To begin, we must assess the current distribution network. The route of delivery (roadway), truck driver skills, poor fleet performance/condition, high unloading time at retailer stores, high truck turnover around time, and a variety of other factors are all factors that contribute to late deliveries.

2. How can you change operations to make things better?

Such options for improving the situation include:

Increasing the network's versatility by incorporating a new fleet of trucks of various sizes.

If there are several fulfilment centers, centralizing inventory (aggregation benefits) or locating new ones closer to the retailer's location are both options.

Improved forecasting approaches so that plans can be planned ahead of time

Examining the most efficient or shortest route or path between the warehouse and the retail stores.

3. What role does the warehouse inventory situation play in the issue of late deliveries?

Taking appropriate pre-cautionary steps at the warehouse level is one of the suggested ways to resolve the concerns about late deliveries.

According to the criteria, use LIFO (Last In, First Out) or FIFO (First In, First Out) inventory mechanisms.

Managing inventory at the retailer's shop by requesting additional shelf space or other storage facilities.

Organizing the products in the warehouse by product variety or in a desired series that is convenient to pick up would reduce truck waiting times.

Reviewing inventory levels and replenishing needed inventory on a regular basis to avoid stock outs and ensure safety stock availability.

7 0
3 years ago
An accountant increases the price he charges for his services by 14 percent. In​ response, the demand for his services decreases
blondinia [14]

Answer:

Decrease

Explanation:

Given that

Change in quantity demanded = 6%

change in price = 14%

Price elasticity of demand = (Percentage change in quantity demanded) ÷ (percentage change in price)

= 6% ÷ 14%

= 0.42

Price elasticity of demand is greater than 1 that which means demand is elastic. Therefore the increase in price, the revenue will decrease because demand is elastic.

5 0
3 years ago
Chandler Co. has a loan that accrues interest at a rate of $28 a day. The company pays the interest once a quarter. What adjustm
prohojiy [21]

Answer:

The Adjustment Entry for accrual of Interest Expense will be as follows:

                                              Dr.       Cr.

Interest Expense                $840

Interest accrued Payable               $840

Explanation:

Interest per day = $28

Interest expense for the Month = $28 x 30 = $840

$840 of Interest expense will be accrued at the end of the month and it should be adjusted accordingly.

3 0
3 years ago
Winsted Co. purchased a bond on December 1 of the current year for $ 49 comma 000 and classified the investment as trading. The
Anettt [7]

Answer:

Net income = $3000

C. $ 3 comma 000

Explanation:

For a company, net income is the residual amount of earnings after all expenses have been deducted from sales. In short, gross income is an intermediate earnings figure before all expenses are included, and net income is the final amount of profit or loss after all expenses are included.

In this case.. There is only a buy and a sell trade.

Net income= selling price- cost price

Net income= $52000-$49000

Net income = $3000

4 0
3 years ago
an efficiency wage is a: system of tying wage rates to overall factory efficiency rather than personal productivity. higher wage
krok68 [10]

An efficiency wage is a higher wage paid to reward workers who show greater productivity. Option D is correct.

<h3>What is the Efficiency wage?</h3>

Wages provided to employees over the minimum wage in order to retain a trained and efficient staff are referred to as efficiency wages. Adam Smith defined a type of pay disparity in the 18th century, in which workers in some businesses are paid more than others based on the level of trustworthiness necessary.

Employers establish efficiency salaries above the equilibrium wage rate as an incentive for better employee performance. An efficiency wage is a higher wage provided to employees who are more productive.

Therefore, option D is correct.

Learn more about the efficiency wage, refer to:

brainly.com/question/27960552

#SPJ1

8 0
1 year ago
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