Answer: The answer is $1,200
Explanation:
In order to calculate the Depreciation, we use the formula:
Gross investment = Net Investment + Depreciation.
Let Depreciation be represented by x
Gross investment - $6,000
Net investment - $4,800.
Therefore, we have:
6,000 = 4,800 + x
x = 6,000 - 4,800
x = 1,200
Therefore Depreciation is $1,200
In 2005, bankruptcy reform laws:
A: made student loans dischargeable in bankruptcy
B: required debtors to pay more of their debts in bankruptcy
Answer:
B: required debtors to pay more of their debts in bankruptcy
Explanation:
The Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) which was passed in 2005, reviewed the bankruptcy process in America.
This law was reviewed because it wanted to prevent abuse of the bankruptcy process.
Therefore, In 2005, bankruptcy reform laws required debtors to pay more of their debts in bankruptcy.
It is important for the military to be able to evacuate supplies when necessary because then they can ensure the supplies will be safe the same with people. they do this during a war, major storms, and when plagues happen.
Answer:
REV Co. has made disclosure in notes to the financial statement section. The disclosures include the details about related party transaction which was carried out by the brother of Chief Operating Officer. It is ensured that the transaction was completed on arm's length.
Explanation:
Disclosures are mandatory for any company which is listed. The companies provide details of specific transactions in Notes to the Financial statements. These additional information provides details of transaction to the shareholders and removes any ambiguity in the transaction. The purpose of disclosures is to ensure the shareholders that the company has not incurred any fraudulent activity in certain transactions and all transactions are fair and complies with International Accounting Standards.
The level of job that require Johanna to be responsible for setting goals and planning in the company would be : Top-Level ManagerTop level manager consist of Board of directors, president, vice president, General Managers, and senior managers. These people have the credibility to create a planning/decision for the company
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