Answer:
The correct answer is Option B.
Explanation:
Obsolescence of an asset occurs when the value of an asset has reduced drastically due to radical technological innovation or there is now a better technique used in the production process that renders the old equipment worthless or less productive.
The appropriate journal entries to record the disposal of the asset are:
Debit Accumulated Depreciation – Equipment $30,000
Debit Loss on Disposal of Plant Equipment $45,000
Credit Plant Equipment $75,000
<em>(To record disposal of an asset) </em>
Note that the proceed on the disposal is zero since the organization did not put up the asset for sale.
Answer:
a. Soft-drink manufacturers.
- Soft drink manufacturers generally sell more during warm days, so they will be interested in reducing risks (hedging) against cold days.
b. Ski-resort operators.
- Ski-resort operators sell more during cold days (winter), but their sales are negatively affected by both abnormal warm weather or extremely harsh cold weather, so they will be interested in reducing risks (hedging) against abnormal winter weather.
c. Electric utilities.
- Electric utility companies benefit from both HDDs and CDDs, so the more frequent they are the better for them. They probably dislike mild weathers, but love extremes.
d. Amusement park operators.
- Similarly to soft drink manufacturers, amusement park operators sell more during warm days, so they will be interested in reducing risks (hedging) against cold days.
Explanation:
Companies rely heavily on certain weather conditions and need to reduce risk will hedge weather risk.
Heating Degree Day (HDD) basically measures the demand for energy needed to heat some place, e.g. any type of building. If the temperature is below 65°, then people start to request that a place is heated (heating system turned on).
Cooling Degree Day (HDD) is basically the opposite, measures the demand for energy needed to cool some place. If the temperature is above 65°, then people start to request that a place is cooled (air conditioner turned on).
Keep track, and save ahead of time to complete your bills in time, or if your young get a gas card or kohls cards, and pay the bill immediately. ~SUGGESTION
Answer:
Weighted average inventory cost method.
Explanation:
The Weighted Average Cost (WAC) technique for stock valuation utilizes a weighted normal to decide the sum that goes into cost of goods sold and inventory. The weighted inventory cost technique separates the expense of products accessible available to be purchased by the quantity of units accessible available to be purchased.
Answer:
I want a pair but instead of shoes could it be crocs
Explanation: