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2 years ago

Which strategy are you using when you only read the title section headings and captions?

Business

2 answers:

dem82 [27]2 years ago

8 0

Guessing from context

Andru [333]2 years ago

7 0

Answer:

Skimming

Explanation:

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For financial reporting, Clinton Poultry Farms has used the declining-balance method of depreciation for conveyor equipment acqu

Llana [10]

Answer:

The answer is given below

Explanation:

Depreciable cost at 31 December 2021 (2,848,000-2,004,000)

Depreciable Cost $844,000

Less: Residual value ($232,000)

Written down value as at January 1 ,2021 612,000

Depreciation per year as per straight line method (612,000/3) $204,000

Depreciation expense Dr.$204,000

Accumulated Depreciation Cr.$204,000

The change in depreciation method is change in estimate which is always accounted for prospectively.Therefore the written down value as at January 2021 will be depreciation over remaining useful life of the asset which is 3 years

4 0

3 years ago

What is the one thing that is both a strength and a weakness for the rail industry?

34kurt

Answer:

Strength: It provided a faster way of travel

Weakness: It took forever and required a lot of manpower

Explanation:

5 0

3 years ago

_ is the actual amount each common stockholder would expect to receive if a firm's assets are sold for their market value, cre

Alona [7]

Answer: Liquidation value

Explanation:

The liquidation value is one of the type of physical assets of an organization and the business value, real estate firms, directories and the equipment are refers as the liquidation value that helps in evaluating the overall worth of the firm.

This organizational value is lower as compared to the market value and it has less time for selling the products in the open market.

According to the given question, the liquidation value is refers as the actual amount of the stockholder expected value value in the market. Therefore, Liquidation value is the correct answer.

5 0

3 years ago

The net pension liability (PBO minus plan assets) is decreased by: Multiple Choice Service cost. Expected return on plan assets.

Mumz [18]

Service cost

Answer: Option A.

<u>Explanation:</u>

The net pension liability is the amount by which the liability of the pension increases the total pension assets. This increases the troubles of the people who are leading a retired life. The lower the rate of interest, more are the liabilities on the retired person's life.

On the other hand when the total pension assets are more than the total pension liabilities, then it i known as the net pension assets.

7 0

3 years ago

Under SEC rules, the managers of certain funds are allowed to deduct charges for advertising, brokerage commissions, and other s

GarryVolchara [31]

Answer:

These kind of fees that are deducted for advertising and other sales expenses directly from the fund rather than billing investors is known as 12 B-1 charges.

Explanation:

This is a fee assessed from a mutual fund to it's investors. The managers instead of charging or billing the investors, deduct certain amount directly from the fund itself. This is a type of annual marketing and distribution fee considered as operational expense and is included in a fund's expense ratio.

8 0

2 years ago