Answer:
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Explanation:
Supply Chain: Is a network between a company and its suppliers to produce and distribute a specific product or service.
Answer:
Dr Accumulate depreciation $5,000
Dr Loss on asset retirement $5,000
Cr Equiqment $10,000
(to record the Equiment retirement at the end of fifth year of its 10-year useful life)
Explanation:
The annual depreciation is calculated as: (10,000 - 0) / 10 = $1,000
As it is at the end of fifth-year, the accumulated depreciation associated with the Equiment will be : 5 x 1,000 = $5,000
As a Equiment is retired without any recovery, the booked value of the Equiment is "written-off" by a Credit entry of $10,000; the associated accumulated depreciation is also "removed" from the Balance Sheet by a Debit entry of $5,000; which all leaves us the Loss on Asset Retirement at $5,000 record by a Debit entry.
Answer: True
Explanation:
Under normal circumstances, it should be noted that the boards of directors are in charge of decision making and making strategic plans for organizations.
The truth is that most times, the board of directors aren't always available to take vital actions and in such cases, the executive committee will be formed to address the vital issues that needed to be discussed in the organization.
The executive committee simply represents the board and they are made up of the chairperson which is the president; sometimes a vice-chairperson or vice president; the secretary, and lastly the treasurer.
Therefore, the statement in the question is true.
Answer:
Beta= 1.4886
Explanation:
<u>Giving the following information:</u>
<u></u>
You own a stock portfolio invested 32 percent in Stock Q, 22 percent in Stock R, 19 percent in Stock S, and 27 percent in Stock T.
The betas for these four stocks are 1.63, 1.35, 2.56, and 0.68, respectively.
<u>To calculate the portfolio beta, we need to use the following formula:</u>
<u></u>
Beta= (proportion of investment A*beta A) + (proportion of investment B*beta B)
Beta= (0.32*1.63) + (0.22*1.35) + (0.19*2.56) + (0.27*0.68)
Beta= 1.4886
Answer:
The dream car will cost $70,875 in 6 years time
Explanation:
Here, we are interested in calculating the amount a car will cost if we know the annual appreciation rate of the cost and we decide to wait for some years to purchase the car in question.
To calculate the cost at that time, let’s we shall be using a modification of the compound interest formula.
The cost at that time will be;
C = I(1 + r)^t
Where C is the cost after six years which is unknown
I is the present cost which is $62,200
r is the appreciation percentage = 2.2% = 2.2/100 = 0.022
t is the time which is 6 years
Substituting these values in the modified equation, we have;
C = 62,200(1 + 0.022)^6
C = 62,200(1.022)^6
C = $70,875.44
To the nearest whole amount, it should be $70,875