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Naya [18.7K]
3 years ago
5

Boeing's new 787 Dreamliner:

Business
1 answer:
Vanyuwa [196]3 years ago
7 0

Answer:

The correct answer is letter "D": has increased efficiency from new engine technology.

Explanation:

American aircraft maker Boeing Commercial Airplanes introduced in 2009 the Boeing 787 under the name of "<em>Dreamliner</em>". The new plane has capacity for around 350 passengers. <em>The Boeing 787 advantage relies on the three engines that move the airplane developed by General Electric and Rolls-Royce. Those engines are fuel-efficient, reducing consumption and having an irrelevant impact on the environment.</em>

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Kingbird Inc. owns equipment that cost $672,000 and has accumulated depreciation of $174,000. The expected future net cash flows
aev [14]

Answer:

Explanation:

In this scenario, we compare the values between book value and the fair value of equipment, the difference would be the loss on impairment of the asset

In mathematically,  

= Book value - fair value

where,

Book value = Equipment cost - accumulated depreciation

                   = $672,000 - $174,000

                   = $498,000

And, the fair value is $384,000

Now put these values to the above formula  

So, the value would equal to

= $498,000 - $384,00

= $114,000

Now the journal entry would be

Loss on impairment A/c Dr $114,000

      To Accumulated depreciation A/c $114,000

(Being the impairment loss is recorded)

4 0
3 years ago
The rule of law is important because it _______. In regard to governments, the rule of law _______.
blondinia [14]
Blank 1. Protect citizens from crime and justice
Blank 2. Applies to them in only certain cases
7 0
3 years ago
Leon exchanges an office building which he held as investment property for a bowling alley. His office building has a basis of $
exis [7]

Answer:

According to Section 1031 of Internal Revenue Code, an exchange of like-kind property is referred to as like-kind exchange, if the exchange meets the following criteria:

  • The property should be exchanged only for the 'like-kind' (same class) property.
  • The 'like-kind' property that is in exchange should be either used in operations of business or held for investment purposes.
  • The exchange should be done under specific timing restrictions or requirements (for indirect exchanges through third parties).

Explanation:

A) Explanation: Since both the properties in exchange are real properties which are used in business, this is a like-kind exchange

B)  

Description                           Amount ($)

Fair market value of bowling alley   120,000

<u>Add: Mortgage value L is relieved off     40,000</u>

Amount reali7ed                      160,000

<u>Less: Adjusted basis             (175:000) </u>

<u>Realized loss by L                      (15,000) </u>

C) Explanation: Since the loss realized is due to exchange, the loss is not recognized.

D) Explanation: Since the loss is not recognized, the character of gain or loss could not be

E) Explanation: The total of realized loss, $15,000 (From Requirement (b)) is deferred.

F) Determine the basis of property acquired in exchange, bowling alley.

Description                         Amount ($)

Fair market value of bowling alley        120,000

<u>Add: Deferred loss                   15,000 </u>

<u>Basis of bowling alley                  135,000 </u>

8 0
3 years ago
Social security and medicare are examples of:____.
artcher [175]

Answer:

c. governmental interventions

4 0
1 year ago
How is a bond like a loan
Ostrovityanka [42]
Well a bond is a government loan where they take ur money and pay u back with interest usually low interest tho
7 0
3 years ago
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