Answer:
here is no gain or loss recorded because Carrying value = $2000 and cash received is also $2000
Explanation:
given data
sells delivery van cost $20,000
accumulated depreciation = $18,000
Patel received = $2,000
solution
as we know that
van cost = cr 20000
and accumulated depreciation Dr $18,000
Patel received Dr $2,000
so we can say that Carrying value will be
Carrying value = 20000 - 18000
Carrying value = $2000
and cash received is also $2000
so here is no gain or loss recorded
An example of accepting liquidated damages is when valerie backed out of the deal and Kenneth kept the earnest deposit.
<h3>What is a
liquidated damages?</h3>
A liquidated damages refers to a pre-estimated probable loss that would be suffered from the late completion of a contract.
In conclusion, the example of accepting liquidated damages is when valerie backed out of the deal and Kenneth kept the earnest deposit.
Read more about liquidated damages
<em>brainly.com/question/25697446</em>
Answer:
14.77%
Explanation:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
= 4.97% + 1.40 × 7%
= 4.97% + 9.8%
= 14.77%
The (Market rate of return - Risk-free rate of return) is also called market risk premium and the same is shown in the answer
Answer:
The correct answer is: C. an erratic demand pattern
Explanation:
Erratic demand patterns are common in spare parts supply networks. Due to the characteristics of nonlinear dynamics, aperiodic variations and deep uncertainties, the erratic forecast of demand remains a challenge.
Answer:
Book value of equity = $109,554,000
Explanation:
Given:
Equity in balance sheet = $106,554,000
Net income = $3,000,000
Find:
Book value of equity
Computation:
Book value of equity = Equity in balance sheet + Net income
Book value of equity = $106,554,000 + $3,000,000
Book value of equity = $109,554,000