Answer:
Prepare the entry to correct the prior years' depreciation, if necessary.
any change in depreciation expense must be done for future events, past events cannot be adjusted
Depreciation expense 2021:
carrying value December 2020 = $69,000 - {[($69,000 - $4,600) / 8] x 5} = $69,000 - $40,250 = $28,750
depreciation expense per year (including 2021) = ($28,750 - $5,175) / 5 = $4,715
The tax consequence of the distribution sent to this employee is that the Distribution is subject to federal income tax withholding.
<span>1.
</span>What
percent of customers bought anything from the last catalog?
Fom
this last catalog, 2.5% of the costumers bought.
<span>2.
</span>What
was the average $ order size bought from the last catalog across all 96,551
customers?
<span>The
average dollars ordered from this catalog was $104.24 per buying customer.</span>
Answer:
23.08%
Explanation:
The computation of the debt ratio is shown below:
Debt amount
= 2 million × 0.90
= 1.80 million
And,
Equity amount
= 2 million × 3
= 6 million
Now
debt ratio = debt amount ÷ (amount of debt + amount of equity)
= 1.80 million ÷ ( 6 million + 1.80 million)
= 23.08%
Answer:
c. machines watching people
Explanation:
Machines watching people refers to a phenomena whereby via employment of specialized machinery, an organization is successfully able to observe the activities of it's customers and at the same time also track data relating to their identity and other credentials.
In the given case, the sophisticated system entails deciphering the customer shopping pattern and the merchandise sold during a period whereas the payment mechanism of cards also helps in tracing down the identity to ensure no unscrupulous person can go unnoticed.
Thus, it's a case of machines keeping a watch or surveillance on the customers and their identity.