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zloy xaker [14]
3 years ago
9

Equipment that cost $660,000 and has accumulated depreciation of $300,000 is exchanged for equipment with a fair value of $480,0

00 and $120,000 cash is received. The exchange lacked commercial substance?What is the gain to be recognized?
Business
1 answer:
amid [387]3 years ago
7 0

Answer:

$240,000          

Explanation:

The computation of the gain to be recognized is shown below:

= Total Exchange value - net value

where,

Total exchange value equals to

= Fair value of equipment + cash received

= $480,000 + $120,000

=$600,000

And, the net value would be

= Estimated cost - accumulated depreciation

= $660,000 - $300,000

= $360,000

ow put these values to the above formula

So, the value would be equal to

= $600,000 - $360,000

= $240,000

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VARVARA [1.3K]

The mobile network launched offers 500gb data and hotstar premium subscription is BSNL. Thus the correct option is B.

<h3>What is a Subscription?</h3>

A monthly or yearly payment submitted to be a part of any group, organization, or campaign to receive the benefits of its members is called a subscription.

A new Super Star 500 broadband plan from BSNL  which deals in mobile and mobile networks,  delivers 500GB of data at a monthly speed of up to 50Mbps along with a free Hotstar membership in this plan.

This plan of BSNL offers two plans in it which includes the DSL plan and the Bharat Fibre plan to its customers.

Therefore, option B BSNL is appropriate answer.

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The incomplete question is -

The mobile network launched offers 500GB data and hotstar premium subscription

Airtel

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5 0
1 year ago
In the context of performance appraisal dimensions and standards, the goal of meeting product specification standards is an exam
Vadim26 [7]

Answer:

Output measure:

Explanation:

Output measure:

it is structured report on business output that describe about the goal achievement, illustrating the point that is beneficial for the project etc.

it consist of all details about any task, like quantity of material produce, how much of it delivered to the next level. it doesn't mentioned the internal factor like quality of work that would impact the stakeholder.

4 0
3 years ago
Purchasing power parity (ppp) is considered an __________ measurement poverty levels
Nastasia [14]

Purchasing power parity (ppp) is considered an objective measurement poverty levels.

Purchasing power parity:

  • By removing the variations in price levels between nations, purchasing power parities (PPPs) are rates of currency translation that aim to equalize the purchasing power of various currencies.
  • monetary and developmental. Timothy Callen the rate at which the equivalent amount of goods and services might be purchased in one country using the currency of the other at a certain exchange rate.
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7 0
1 year ago
Suppose the market wage for cashiers increases from $7 per hour to $9 per hour.As a result, Pat, who is a cashier, now works fiv
Anton [14]

Answer:

Income

Explanation:

Suppose the market wage for cashiers increases from $7 per hour to $9 per hour. As a result, Pat, who is a cashier, now works five more hours per week. On the other hand Chris, who is also a cashier, now works five fewer hours per week.Chris's behavior illustrates the <u>Income</u> effect of a wage increase.

As the income increases, few individual prefer to work fewer hours as now they are able to maintain target by working fewer than at previous wage rate. These people prefer leisure over higher income and want to settle down with limited income. These people  may have a backward bending individual labour supply curve – they may choose to work fewer hours when the wage rate rises.

8 0
3 years ago
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marishachu [46]

Answer: Option C

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In the given case right option is C, as the most effective way to avoid moral hazard is to hire those consultants who have a good image in market of not shirking and performing their duties well.

4 0
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