1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GalinKa [24]
3 years ago
10

Rotweiler Obedience School's December 31, 2015, balance sheet showed net fixed assets of $1,780,000, and the December 31, 2016,

balance sheet showed net fixed assets of $2,150,000. The company's 2016 income statement showed a depreciation expense of $332,000.What was the company's net capital spending for 2016? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Business
1 answer:
IceJOKER [234]3 years ago
8 0

Answer: Company's net capital spending for 2016 = $702,000

Explanation:

Given that,

On December 31, 2015:

Net fixed assets = $1,780,000

On December 31, 2016:

Net fixed assets = $2,150,000

Depreciation expense = $332,000

Therefore,

Company's net capital spending for 2016:

= Ending net assets + Depreciation expense - Beginning net assets

= $2,150,000 + $332,000 - $1,780,000

= $702,000

You might be interested in
GoodBuy sells gift cards redeemable for GoodBuy products either in store or online. During 2018, GoodBuy sold $960,000 of gift c
balu736 [363]

Answer:

$849,000 gift card revenue should GoodBuy recognize in 2018

Explanation:

gift cards revenue of GoodBuy recognized in 2018

=  gift cards redeemed + remaining gift cards

= $810,000 + $39,000

= $849,000

Therefore, $849,000 gift card revenue should GoodBuy recognize in 2018

3 0
3 years ago
Which of the following strategies is illegal in the U.S. and many other countries?
Anna35 [415]
 It is penetration pricing that is illegal in the United States and many other countries<span>. So B is the correct answer</span>
4 0
3 years ago
Read 2 more answers
Andy, a salesperson for Fashion Seal Uniforms, tells the owner of a retirement home about the importance of caregivers having cl
choli [55]

Answer:

Exploration

Explanation:

The exploration phase of the relationship development process occurs when both parties (seller and buyer) test the actions of the other party. Both parties will explore or try how the business relationship may develop, since they are not committed yet to start a relationship.

The owner accepted to purchase a small number of uniforms to try how good or bad they are. Andy is also testing if what the owner says is true about opening new centers and needing a lot of uniforms before making an offer for a larger lot.

7 0
3 years ago
Town A, in one hour, can produce either 4 hotdog buns, or 10 sausages. Town B, in one hour, can produce either 8 hotdog buns, or
katrin [286]

Answer:

The answer is 27 hours

Explanation:

Solution

The Comparative advantage depends on  production of the lower opportunity cost

The opportunity cost of a production is =maximum production of other good /maximum production of the good

Now,

The opportunity cost of hot dog bun for town A =10/4=2.5

Thus,

The opportunity cost of hot dog bun for town B=6/10=0.6

So,

The  town B has a comparative advantage in hot dog buns and A in sausages

Town A will produce-only sausages and it will take the time of  

time in hours =total required a quantity of the good /number of products in an hour

Now,

The time for Town A for sausages=120/10=12 hours

The time for Town B for hot dog buns=120/8=15 hours

Therefore, The total time =12+15=27 hours.

6 0
3 years ago
What is aggregate demand? You can gain or 100 points on this Place the following items in order of the magnitude of the effect o
kodGreya [7K]

Answer:

Aggregate demand refers to the demand for the Gross Domestic Product in a country. In other words, it is the demand for the final goods and services produced in a country within a period.

Order of effect on Aggregate Demand.

1. Development of computer-based technologies from the 1940s to now.

This will have the greatest effect on Aggregate Demand (AD) because it will lead to an increase in the long term capacity of the economy to produce goods and services thereby increasing the demand for those same goods and services.

2. State governments in the 2010s cut their budgets for teachers, infrastructure, police, and other government expenditures.

This will contribute less to AD than the one above but the effect will still be significant because government spending is a significant component of AD so reducing it will reduce AD.

3. Prices of tech stocks increase in the late 1990s as a result of a speculative bubble.

Prices of tech stocks rising will lead to more people buying these stocks thereby increasing the investment portion of AD and having a significant effect on its increase.

4. People notice prices rising and an associated decrease in purchasing power.

If people notice a decrease in purchasing power, they will begin to buy less goods and services as they cannot afford as much. This will reduce Consumption in the AD curve but will not significantly impact AD as the ones above.

5. A trade war with China in the late 2010s leads to a decrease in trade.

A trade war with China will affect the Net exports side of the AD but there will be other countries to trade with and goods will still be purchased from and sold to China in some quantity so the AD will be least affected here.

5 0
2 years ago
Other questions:
  • Marcelino Co.’s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are
    12·1 answer
  • Aaron Company plans to issue a large stock dividend. In accounting for this transaction, what effects occur to the contributed c
    8·1 answer
  • Alex works for a technology company. He also writes articles for his local newspaper's Web site on a contract basis. Which forms
    11·1 answer
  • Which of the following terms refers to a regulatory agency that seems to serve, rather than oversee, the interests it monitors?
    13·1 answer
  • The print ads and the television ads for Maytag appliances were designed to show "The Loneliest Man in the World" was a Maytag r
    12·1 answer
  • A 15-year bond with a face value of $1,000 currently sells for $850.
    10·1 answer
  • A firm had after-tax income last year of $3.0 million. Its depreciation expenses were $0.6 million, and its total cash flow was
    14·1 answer
  • Closing the sale( pick the correct one)
    13·1 answer
  • Janice, a citizen of Nevada, was injured by a defective product manufactured by Hot Plates, Inc., a company incorporated in Cali
    13·1 answer
  • Kathy Thompson has determined that the value of her assets is $64,000 and the value of her debts is $23,000. The difference betw
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!