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AlekseyPX
3 years ago
7

2. If a plant asset costs $6,000.00, has accumulated depreciation of $5,000.00, and is sold for $1,200.00, the gain or loss on d

isposal is a (A) $1,200.00 gain. (B) $5,000.00 loss. (C) $200.00 gain. (D) $200.00 loss.
Business
1 answer:
Sliva [168]3 years ago
6 0

Answer:

(C) $200.00 gain

Explanation:

The gain or loss on sale of fixed asset is calculated as follows:

Gain\Loss = Sale Price - (Cost of asset - Accumulated Depreciation)

If the value is positive it is gain and if the value is negative it is loss.

Here, we are provided that cost of asset = $6,000

Accumulated Depreciation = $5,000

And selling Price = $1,200

Thus, Gain/Loss = $1,200 - ($6,000 - $5,000)

= $1,200 - $1,000 = $200

As the value is positive that is selling price is more than carrying value of the asset there is a gain of $200

Thus, the correct option is

(C) $200.00 gain

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Matt purchased a 20-year par value bond with an annual coupon rate of 8% compounded semiannually for a price of 1722.25. The cou
finlep [7]

Answer:

(b) 1440

Explanation:

As the coupon rate of 8% is greater than the yield to maturity (YTM) of 6% annually, the bond is selling at a premium. Hence, the bond will be called at the earliest i.e. 15 years.

Coupon = Call Price * Semi-annual coupon rate = X * [0.08 / 2] = X * 0.04

Yield to call = 6% annually = 3% semi-annually

Time = 15 years * 2 = 30

We know that,

Current Price of bond = Coupon * [1 - (1 + YTC)-call date] / YTC + Call Price / (1 + YTC)call date

  • 1,722.25 = [X * 0.04] * [1 - (1 + 0.03)-30] / 0.03 + [X / (1 + 0.03)30]

  • 1,722.25 = [X * 0.04] * 19.60 + [X * 0.41]

  • 1,722.25 = X * [(0.04 * 19.60) + 0.41]

  • 1,722.25 = X * 1.194

  • X = 1,722.25 / 1.194
  • X=$ 1,442.42 \approx $ 1,440

4 0
3 years ago
If you started your own company selling iphone applications, what organizational structure would you create? why?
Sladkaya [172]

I will create a combination of functional and project-based organizational structures.  I have selected the combination due to the following rationale.

  1. There are different types and categories of iPhone applications. So, the development of each application is a project. Accordingly, competent professionals will be used and they will move from one project to another project.
  2. Selling of applications as well as taking care of HR operational aspects of the business will require people with expertise in these functional areas also. So, getting good sales as well as HR retention is the top priority for the business.
  3. A combination of these two structures will create a mix of back end and front end without any departmental inclination. So, the company will succeed.

Opting for other structures will either focus on applications or sales. But, it will be ineffective as sales will not happen without applications and applications alone cannot generate good sales without proper marketing.

Besides, there can be role confusion and conflict of interest with other organizational structure such as line only or staff only structures. Even, the selection of project-only or functional-only organizational structures will create problems and employee turnover will also increase.

Learn more about business here: brainly.com/question/24448358

#SPJ4

8 0
2 years ago
when the percentage change in the price is greater htan the resulting percentage change in quantity demanded,
Oliga [24]
The price elasticity of supply is given by a similar formula: If the percentage change in quantity demanded is greater than the percentage change in price, demand is said to be price elastic, or very responsive to price changes.
7 0
2 years ago
Review 4: AIMS Science Practice
Zolol [24]

Answer:

  • <u><em>D. It has both good and bad effects, but we can't always predict what those are.</em></u>

<u><em></em></u>

Explanation:

Of course,  ethics mandates that the target of science and <em>new technology </em>should always pursue the good for humans; nevertheless, since time immemorial man has developed technology to make war. Thus, definetely, the first statement <em>"A It always does good for human"</em> is false.

Some other negative effects of <em>new technology</em>, like cars and nuclear power, have been harmful to the environment, but you cannot tell that this has always been so. Technology has also been developed to help the environment. For instance, panels to use solar energy do not harm the environment and seek to reduce fuel burning to help the environment. Thus, option <em>B, "It always ends up doing harm to the environment"</em> is false too.

Some of the damage that new technology can produce are not predicted both because the technology is new and because it may be used with different goals to those it was developed. This explains why option <em>C, It has many bad effects</em>, is false, and option <em>D, "It has both good and bad effects, but we can't always predict what those are", </em>is true.

5 0
3 years ago
"For whom is a given mix of goods and services to be produced? How, in other words, are the society's outputs to be distributed
Sergio039 [100]

A. Money market through borrowing and saving by households and businessesB. Public sector through the mechanism of central planningC. Business sector through the mechanism of advertisingD.Private sector through the earning and spending of income

Private sector through the earning and spending of income

Answer: Option D.

<u>Explanation:</u>

A market economy is a monetary framework wherein the choices in regards to venture, creation and dissemination are guided by the value signals made by the powers of organic market.

The meaning of a market economy is one in which cost and creation is constrained by purchasers and dealers uninhibitedly leading business. A case of a market economy is the United States economy where the speculation and creation choices depend on organic market.

8 0
3 years ago
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