Answer:
a loss of $3,000
Explanation:
A company makes a gain on the disposal of an asset when the amount received from the disposal is higher than the net book value or carrying amount of the asset.
The netbook value of the asset is the difference between the cost and the accumulated depreciation of the asset. The accumulated depreciation is the total depreciation over the used life of the asset and the depreciation is the result of the cost less residual value divided by the estimated asset life.
In light of the above,
Annual depreciation = ($48,000 - $8,000)/8
= $5,000
Between January 1 2020 and December 31 2022 is 3 years,
Accumulated depreciation at December 31, 2022
= 3 * $5,000
= $15,000
NBV at December 31, 2022
= $48,000 - $15,000
= $33,000
Gain/(loss) on disposal = $30,000 - $33,000
= ($3,000)
The company would record a loss of $3,000
Answer:
d. Line 3
Explanation:
Generally, the liabilities are classified as current and long term based on their duration, on the date of issue of notes payable the liability is long as the period is of 1 year, whereas generally notes payable are not for 1 year and are termed as short term i.e. current liabilities.
But, on 31 Dec 2017 the period to pay the notes payable and the interest thereon is just of 7 months left, therefore on the balance sheet date both the liabilities will be considered and clarified as Current Liabilities.
Therefore, correct option is
d. Line 3
Answer:
Serge purchases the Bobcat due to its _______.
brand equity.
Explanation:
We are considering Serge's preference for Bobcat skid steer machine based on some perceived values. These values can be described as the brand equity. The Bobcat's brand equity represents the commercial value which customers derive from Bobcat's skid steer when compared with the products of Bobcat competitors. Purchasing a Bobcat skid steer makes Serge to feel that he has received enough value notwithstanding the more expensive price he pays vis-a-vis choosing the alternatives offered by Bobcat's competitors. In the equity value, Serge has included the "variety of add-on products that extend the usefulness of the skid steer, a great warranty, and a competitive price."
A news reading app is a type of advertising in an online publications that consisted of hundreds of highly targeted on Internet along with magazines created by users.
<h3>What is the
Flipboard?</h3>
A news-reading app gathers articles from around the web and delivers them to one's device in attractive Smart Magazines that you can tailor to your own interests.
In conclusion, it is a true statement that the news reading app is a type of advertising in an online publications that consisted of hundreds of highly targeted on Internet along with magazines created by users.
Read more about Flipboard
<em>brainly.com/question/26293415</em>
There are different kinds of system. The robots are an example of automation
<h3>What is Automation?</h3>
This is simply known as the making and application of technologies to create and deliver goods and services with little human hands.
The Examples of Automation are;
- Automobile
- Robots
- Consumer Electronics, etc.
See full question below
The assembly line at the ice cream production facility used to have 20 workers. It now has 10 employees and 10 robots to do the job. The robots are an example of ______.
a. Big Data
b. automation
c. knowledge management
d. collaborative computing
Learn more about assembly line from
brainly.com/question/1845393
