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Finger [1]
3 years ago
11

Bakery a sells bread for $2 per loaf that costs $0.50 per loaf to make. bakery a gives a 70% discount for its bread at the end o

f the day. what is the salvage value of its bread?
Business
1 answer:
icang [17]3 years ago
7 0

Answer: $0.60

Price per loaf: $2

Discount given for its bread at the end of the day= 70%

Solution:

Salvage value<span> is the estimated resale value of a product at the end of its useful life. Since the useful life of the loaf is 1 day and it was sold at the end of the day at 70% off, the salvage value is  </span>

$2 × (1 - 70%)

<span>$0.60.</span>

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c

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At the high level of activity in November, 12000 machine hours were run and power costs were $20000. In April, a month of low ac
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4 0
3 years ago
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Attribution theory deals with how the social perceiver uses information to arrive at causal explanations for events. It examines what information is gathered and how it is combined to form a causal judgment.

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Susan’s share of unrealized receivable is $ 20000. Susan will recognize $20000 of ordinary income and a $10000 capital gain determined as the differnce the option shall be between the total gain of $30000 and the ordinary income of $20000. The answer from the given option is $10,000 capital loss; $20,000 ordinary income.

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