Answer:
There is a loss on disposal of $10000 and option C is the correct answer.
Explanation:
The units of production method charges depreciation based on the activity level that the asset is used for during a period
The depreciation rate under this method is,
Depreciation per hour = (240000 - 40000) / 10000 = $20 per hour
The depreciation for the Year 2015 and 2016 under the units of production method is,
2015 = 20 * 2400 = $48000
2016 = 20 * 2100 = $42000
The accumulated depreciation at the end of 2016 is = 48000 + 42000 = $90000
The carrying value at the end of 2016 is = 240000 - 90000 = $150000
The gain/loss on disposal = 140000 - 150000 = - $10000 or a loss of $10000
A limitation of bond ratings is that they focus exclusively on default risk.
When investing, the bond rating represents the creditworthiness of a corporate or government bond. It's not the same as a person's creditworthiness. Ratings are published by rating agencies and used by investment professionals to assess the likelihood of debt repayment.
Bond Rating is a character-based credit rating system used to assess bond quality and creditworthiness. Investment grade bonds are rated by Standard & Poor's from AAA to BBB- and by Moody's from Aaa to Baa3. Junk bonds have a lower rating.
Learn more about bond rating here:brainly.com/question/17667917
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Answer: Structural unemployment
Explanation:
Structural unemployment occurs when the skills needed by the job market are not the skills that unemployed people have.
It usually happens as a result of an improvement in technology because the technology introduced would make the skills that the previous workers had obsolete.
In this scenario, the introduction of more efficient elevators reduced the need for elevator operators so their skills were no longer needed and they became unemployed.
Warranties are commonly associated with Consumer
Answer:
The correct answer is D
Explanation:
Impairments of independence involves and it is not restricted to , scope limitations, properties, restrictions on access to records, personal conflict of interest, personnel and resource limitation.
So, it will occur when there are immediate family members of the CPA are in violation, CPA owns financial interest and it is direct on the client and CPA owns financial interest which is indirect with client.
