<span>Heather and Mona are drifting apart from each other, but they are still friends.</span>
Answer:
The answer is:
1. N
2. L
3. C
4. N
5. L
6. N
7. C
8. C
9. C
10. L
Explanation:
Current liability is the type of liability whose obligations are due within a year.
Long-term liability is the type of liability whose obligations are due in more than a year's time i.e it has a lifespan of more than a year.
1. Machinery (expected life of 4 years) - N
2. Notes payable (mature in five years). - L
3. Accounts payable (due in 30 days). - C
4. Patents (to expire after 5 years) - N
5. Notes payable (due in 13 to 24 months) - L
6. Prepaid Insurance (6 months of coverage). - N
7. Current portion of long-term debt - C
8. Unearned revenues (to be earned over next 3 months) - C
9. FUTA taxes payable - C
10. Pension liability (to be paid to employees retiring in 2 to 5 years) - L
<span>Answer: (85000- 5% of 85000)+ 2800+6120+1750+2700 = 94120
Explanation : All the costs are included for bringing the stamping machine to the location is included. If there are any charges on damages then that value cannot be added.</span>
Answer:
D.The health care industry
Explanation:
A mixed economy is a term that describes a form of economy whereby both the government and private investors or owners are allowed in control factors of production. However, the main purpose of the government ownership in this type of economy is to ensure that the people are not exploited or taken advantaged of by the market or greedy owners.
Hence, given the listed options, the correct answer is option D: The healthcare industry. This is due to its delicate or life and death situations involved, it is better for the government to control it in a mixed economy, so that the people will not be left at the mercy of some greedy private owners.
Answer:
8750
4000
$74,060
39,300
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
(117,900 - 12,900) / 5 = $21,000
the machine was used for 5 months in 2017. the depreciation expense in 2017 = 5/12 x $21,000 = $8750
b. Activity method based on hours worked = (hours worked that year / total hours of the machine) x (Cost of asset - Salvage value)
(800 / 21,000) x (117,900 - 12,900) = $4000
c. Sum-of-the-year digits = (remaining useful life / sum of the years ) x (Cost of asset - Salvage value)
remaining useful life in 2018 = (4 + 7/12) + 3 + 2 + 1 = 10.58
10.58 / 15 x (117,900 - 12,900) = $74,060