The amount of the gain or loss on disposal of the fixed asset is $2,000.
<h3>Gain or loss on disposal </h3>
First step
Book Value = Original Cost of Equipment - Accumulated Depreciation
Book Value = $30,000 -$28,500
Book value= $1,500
Second step
Gain=Sale Price -Book Value
Gain=$3,500-$1,500
Gain=$2,000
Inconclusion the amount of the gain or loss on disposal of the fixed asset is $2,000.
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<u>True.</u> The "Data about Data" database, which is used to integrate and manage end-user data, contains a set of relationships between the data that are described by metadata.
<h3><u>What is metadata?</u></h3>
Metadata is defined as "data about data" or "data that describes other data." In technological circles, the prefix "meta" usually refers to "an underlying definition or description." Metadata facilitates locating and dealing with data by enabling the user to sort or locate particular documents.
Author, creation, and modification dates, as well as file size, are some instances of basic metadata. Unstructured data like pictures, videos, web pages, spreadsheets, etc. are also utilized with metadata. Meta tags are a common way for web pages to contain info.
Meta tags for keywords and descriptions are frequently used to describe the content on a web page. This information can be used by search engines to better comprehend a page's content.
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Answer:
Goodwill is $262,800
Explanation:
Goodwill is the excess of purchase consideration over fair value of net assets
Fair value of net assets is the fair value of total assets minus fair value of total liabilities
Fair value of total assets=$124,200+$757,000=$881,200
fair value of total liabilities=$177,000
fair value of net assets=$881,200
-$177,000=$704,200
Goodwill=purchase consideration-net assets
purchase consideration is $967,000
fair value of net assets $704,200
goodwill=$967,000-$704,200
goodwill=$262,800
The correct option is the third option in the multiple choices
Answer:
b
Explanation:
because you want the employer to know that you learned from your last job
<span>Foreign firms should seek this sorts of alliances, because making them is a good way to obtain knowledge of local markets; contrast this to a foreign firm attempting to start up a branch on their own, perhaps in the form of a greenfield venture. They would potentially have to figure out local market conditions from scratch, whereas a local company would potentially have years of successful experience and knowledge already at their fingertips.</span>
