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3 years ago

Prepare journal entries to record these transactions:

Business

1 answer:

Sever21 [200]3 years ago

4 0

Answer:

Cost of Computer= 4,800

Annual depreciation = 4,800

No residual value

a) Need to assume depreciation is 3,600 at the date of disposal

b) same information

Recording the Disposal of a Long-lived Asset

DEBIT CREDIT

a. Accumulated Depreciation $4,800

Computer Account $4,800

b. Accumulated Depreciation $3,600

Loss on disposal $1,200

Computer $4,800

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a call option on Jupiter Motors stock with an exercise price of $75 and one-year expiration is selling at $4. A put option on Ju

bogdanovich [222]

Answer:

$75.01

Explanation:

Given:

Call price (C): $4
Put price (P): $2.5
risk-free rate (r): 2% = 0.02
Time: 1 year
Exercise price (K): $75

Let Share price: $S_{0}$

As per put-call party, we have the following equation:

C + K $e^{-rt}$ = P+ $S_{0}$

<=> $S_{0}$ = C + K $e^{-rt}$ - P

<=> $S_{0}$ = 4 + 75* $e^{-0.02*1}$ - 2.5

<=> $S_{0}$ = 1.5 + 73.51 = $75.01

So the the stock price is $75.01

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4 years ago

Today a shoe store took 20% off the price of a pair of shoes, and for the next 3 days, it will take 20% off the previous day's p

vesna_86 [32]

If the price of the shoe yesterday was $200 and on this day 20 percent has been taken thus it will have $160. In the next 3 days if another 20 percent will be taken out from the previous $160 then the final answer is $128.

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3 years ago

Read 2 more answers

What is the primary product focus for the lego company? select one: a. custom sculpture b. recycled plastic c. electronic device

Goryan [66]

Children's construction sets is the primary product focus for the lego company.

What is the strategy of LEGO?

The LEGO Group's mission is to inspire and develop the builders of tomorrow through the power of play.
The LEGO System in Play, with its foundation in LEGO bricks, allows children and fans to build and rebuild anything they can imagine.

Does LEGO use differentiation strategy?

The LEGO group is using the differentiation strategy as the company states, "we want to be the best, not the biggest."
In addition to that, the company is focusing on new product development along with innovation as well.

Why is LEGO so successful?

Instead of offering kids ready-made toys, LEGO gives them the opportunity to build their toys — a much more challenging activity which kept kids engaged for hours.
The LEGO System of Play becomes very successful and the company starts selling it to other countries.

Learn more about LEGO

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2 years ago

When an RBT does not know how to perform an intervention or strategy, which of the following is the best course of action?

erastovalidia [21]

When an RBT does not know how to perform an intervention or strategy, the best course of action is to ask for training and supervision on the skill.

There is a paraprofessional certification in behavior analysis called Registered Behavior Technician® (RBT®). RBT Supervisors and/or RBT Requirements Coordinators, who are in charge of all work RBTs do, direct and closely supervise RBTs as they aid in providing behavior analysis services and practice.

A patient care plan developed by a board-certified behavior analyst is supported and carried out by a registered behavior technician. They offer ABA interventions that promote replacement behaviors that are socially acceptable so that clients can develop and enhance their communication, social interaction, and problem-solving abilities.

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5 0

2 years ago

Edgar, Inc. has a materials price standard of $2.00 per pound. Six thousand pounds of materials were purchased at $2.20 a pound.

Lerok [7]

Answer:

Total Material Variance = $2,400 Unfavorable

Explanation:

Total Materials Variance = Standard Cost - Actual Cost

Here, standard cost = Standard Quantity $\times$ Standard Rate

Standard quantity for actual output = 5,400

Standard Rate = $2.00 per pound

Standard Cost = 5,400 $\times$ $2.00 = $10,800

Actual Cost = Actual Quantity $\times$ Actual Rate

= 6,000 $\times$ $2.20 = $13,200

Total Material Variance = $10,800 - $13,200 = - $2,400 Unfavorable

Since the value is negative the variance is unfavorable, as actual cost is more than standard cost.

8 0

4 years ago