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3 years ago

An activity that relates to the strategy of transferring risk

1 answer:

7 0

An example is the purchase of insurance policy. Make sure it's safe before doing it, because you never know what can happen! :3

-Mabel <3

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Entity B bought equipment for $240,000 on January 1, 2021. It estimated the useful life to be 3 years with no salvage value, and

mezya [45]

Answer:

Part 1

Revised depreciation expense = $32,000

Part 2

The entry to record depreciation expense :

Debit : Depreciation Expense $32,000

Credit : Accumulated Depreciation $32,000

Explanation:

Straight line method charges a fixed depreciation charge over the year of use of an asset.

Depreciation expense = (Cost - Salvage Value) ÷ Estimated Useful Life

2021

Depreciation expense = $80,000

2022

Old Depreciation expense = $80,000

New Depreciation expense = Depreciable Amount ÷ Remaining Useful Life

= ($240,000 - $80,000) ÷ 5

= $32,000

7 0

3 years ago

Becky’s daughter was in the sixth grade and growing very fast. In early fall, her daughter tried on her soccer cleats from the s

olga nikolaevna [1]

Answer:

Purchase decision process

Explanation:

A purchase decision process is defined as the thought process that goes into buying a certain product. This thought process include the buyer identifying a need, creating options, seeing different brands and then finally buying the product.

Purchase decision could be either minor or major. Purchasing things like tea, toothpaste, etc require minor decision processes while buying a house or piece of land involves major decision processes.

As in the question, Becky now has to under purchase decision process as to buying soccer cleats for her daughter. This decision will involve buying a brand that won't shrink as a result of weather changes or wear out easily, etc

I hope this helps.

5 0

3 years ago

The following data apply to Elizabeth's Electrical Equipment: Value of operations $20,000 Short-term investments $1,000 Debt $6,

Liula [17]

Answer:

b. $50.00

Explanation:

Intrinsic per share stock price immediately after the repurchase will be $50

4 0

3 years ago

Critically discuss if government interventions to alleviate poverty are sustainable over a long period of time

Nostrana [21]

I don’t believe that government interventions are sustainable over a long time.
Government interventions such as social welfares are in reality good policies to aid deprived people sustain themselves for a short period of time. Howeveri in order to entirely eradicate their poverty, they have to ultimately get a decent job to maintain their own living, otherwise, the Government just keep on spending and increases national debt over time.

7 0

3 years ago

You have taken out a $350,000, 3/1 ARM. The initial rate of 6.0% (annual) is locked in for 3 years. Calculate the outstanding ba

Vilka [71]

Answer:

Explanation:

The Monthly Payment = Loan Amount / PVAF (360,0.50%)

The Monthly Payment = 350000 / 166.7916

The Monthly Payment = $2098.43

Loan Balance after 3 years = PV(0.50%,324,-2098.43) = $336294.2

5 0

3 years ago