Answer:
B. $12,500
Explanation:
Accumulated depreciation is the cumulative depreciation of an asset up to a single point or current point in its life.
Each period, the depreciation expense recorded in that period is added to the beginning accumulated depreciation balance. Therefore when there's an entry of depreciation of an equipment, the current value is added to the previous total of the old entry. Therefore the balance of the the depreciation after current entry is the beginning balance of the depreciation plus the balance entered into the record.
In this case, the beginning balance was $10,000 and the entry was $2,500
Hence, balance of accumulated depreciation account after entry is 10000 + 2500 = $12,500
Answer:
A is the correct option
Explanation:
Free On Board Destination is also known as FOB. It means that the buyer will take the delivery of the goods which is being shipped by the supplier once the good arrives at the supplier's dock. The four variations of FOB destination terms are Freight prepared and allowed, freight prepared and added, freight collect, freight collect and allowed. The terms of FOB get superseded if the customer elects to override the terms with customer arranged pickup. In FOB destination terms the seller pays the shipping charges.
Answer:
d. consumption, investment, government consumption and gross investment, and net exports.
Explanation:
GDP = PFCE + GFCE + GDCF + NX
By Expenditure method, GDP = expenditure by all sectors of economy - households, private firms, government, rest of world ; i.e :-
Private Final Consumption Expenditure (Consumption) + Government Final Consumption Expenditure (Government Consumption) + Gross Domestic Capital Formation (Gross Investment) + Net Exports
Answer:
3.6%
Explanation:
The formula to compute the unemployment rate is shown below:
Unemployment rate = (Number of Unemployed workers) ÷ (Total labor force) × 100
where,
Number of unemployed workers = 3 million
And, The labor force = 80 million + 3 million = 83 million
Now the unemployment rate is
= (3 million) ÷ (83 million)
= 3.6%
