Answer: $47,900
Explanation:
From the question, we are told that part of the initial investment, Ray Blake contributes equipment that had originally cost $96,100 and on which accumulated depreciation of $72,075 has been recorded.
We are further told that assuming similar equipment would cost $164,400 to replace and the partners agree on a valuation of $47,900 for the contributed equipment, we are told to calculate the amount that would be debited to the equipment account.
It should be noted that in a partnership, when the partners contribute an asset, during the recording of the asset in the partnership book, it is recorded based on the agreed valuation price.
In this case, the partners agree on a valuation of $47,900 for the contributed equipment. Therefore, the amount that should be debited to the equipment account will be $47,900.
Answer: the question is: How do you measure whether both the policy and the right processes were followed?
Explanation:
Answer:
Return on Investment is 12%.
Explanation:
Net income = Dividend = $0.60
Current Value = $33
Original Value = #30
Formula for Return on Investment:
Return on Investment = (Net Income + (Current Value - Original Value)) / Original Value x 100
ROI = (($0.60 + ( $33 - $30 ) ) / $30 ) x 100
ROI = (($0.60 + $3 ) / $30 ) x 100
ROI = ( $3.60 / $30 ) x 100
ROI = 0.12 x 100
ROI = 12%
So Return on Investment is 12% for the given investment.
business models statement come up with strategies for the company such as branding, pricing and looking for potential partners & business concept is simply coming up with a unique selling proposition that helps the company stand out above the rest.
Answer:
The correct answer is letter "D": B will decrease and the demand for C will increase.
Explanation:
Substitute goods are those whose quantity demanded are inversely proportional. It implies if the quantity demand for one product increases, the quantity demanded for its substitutes will decrease and vice versa.
Complementary goods' quantities demanded have a directly proportional direction. Thus, if the quantity demanded for one product increases, the quantity demanded for its complementary goods increase as well.
So, <em>the cost of producing good A will bring its prices down causing the quantity demanded for A to increase -demand law. Substitute good B will see its quantity demanded dwindled while complementary good C will see its quantity demanded increased.</em>