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4 years ago

Over the last century, U.S. real GDP per person grew at a rate of about...

Business

1 answer:

Law Incorporation [45]4 years ago

3 0

I think it is c I’m not sure

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How are nuclear weapons distinguished from conventional weapons?.

Lyrx [107]

Answer:

This quantitative difference between nuclear and conventional weapons means that if nuclear weapons were used, they would alter key features of warfare—in particular, its duration, the targeting of noncombatants, and even the military relationship between winning and losing sides in a conflict.

Explanation:

6 0

2 years ago

Read 2 more answers

Identify the type of adjustment that would most likely be needed. Business B purchased a piece of equipment to be used in operat

Deffense [45]

Answer: c . Depreciation

Explanation:

When accounting for fixed assets, it is important that they are recorded at their book value to reflect the effects of being utilized. This means that depreciation needs to be charged on fixed assets.

Even though the equipment in question was only purchased 2.5 months prior to the financial reports being made, depreciation still needs to be accounted for such that the equipment is represented at its book value in the financial statement.

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3 years ago

Brinkman Corporation bought equipment on January 1, 2007 .The equipment cost $90,000 and had an expected salvage value of $15,00

Lady bird [3.3K]

Answer:

C. $12,500

Explanation:

Please keep in mind that, annual depreciation expense is caluclated as below:

Depreciation expenses = (Original cost - Salvage value)/Expected useful life

Putting all the number together, we have:

Depreciation expenses = (90,000 - 15,000)/6 = 12,500.

So the correct answer is C. $12,500

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4 years ago

For the current year temporary differences existed between the financial statement carrying amounts and the tax basis of the fol

Veseljchak [2.6K]

Answer:

Income Tax Expense (Dr.) $49,080,000

Deferred Tax Liability (Cr.) $49,080,000

Explanation:

Income tax expense = ( Taxable Income for the year + building and equipment taxable amount + Prepaid Insurance - Liability or contingency Loss ) * Tax rate

Income Tax expense = ( $117,000,000 + $14,700,000 + $2,300,000 - $11,300,000) * 40%

Income Tax expense = $49,080,000

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3 years ago

Dave Krug contributed $1,000 cash along with inventory and land to a new partnership. The inventory had a book value of $800 and

pav-90 [236]

Answer:

cash 1,000 debit

inventory 2,000 debit

land 5,000 debit

note payable 3,000 credit

Krug capital Account 5,000 credit

Explanation:

The land and inventories will be accepted at his market value.

Along with cash this are assets which enter the partnership so they are debited.

The note payable decreases the Krug capital contribution. It is credited.

Krug capital account balance will be to complete the entry and make debit = credit.

6 0

4 years ago