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pychu [463]
3 years ago
11

Money includes only the few types of wealth that are regularly accepted by sellers in exchange for goods and services. true or f

alse
Business
2 answers:
Rom4ik [11]3 years ago
7 0

Answer: True

Explanation: think about reality what do people do for money

Yuri [45]3 years ago
6 0

Answer:

True

Explanation:

other than mone and other services most people will not accept anything else

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Copy equipment was acquired at the beginning of the year at a cost of $25,500 that has an estimated residual value of $2,300 and
nalin [4]

Answer:

(A) $23,200

(B) $0.02 per copy

(C) $4,420

Explanation:

Given that,

Cost of equipment = $25,500

Estimated residual value = $2,300

Estimated useful life = 5 years

Estimated Output = 1,160,000 copies

Copies made this year = 221,000

Depreciation refers to the reduction in the value of fixed assets with the passage of time.

(A) The depreciable cost is determined by subtracting the residual value from the cost of acquiring copying equipment.

Depreciable cost:

= Cost of equipment - Estimated residual value

= $25,500 - $2,300

= $23,200

(B) Depreciation rate is calculated by dividing the depreciable cost by the estimated output.

Depreciation rate:

= Depreciable cost ÷ Estimated output

= $23,200 ÷ 1,160,000

= $0.02 per copy

(C) Units-of-output depreciation for the year is calculated by multiplying the depreciation rate with the number of copies made this year.

Units of output depreciation for the year:

= Depreciation rate × Copies made this year

= $0.02 per copy × 221,000

= $4,420

3 0
3 years ago
Another term for a checking account is a time deposit.<br> True<br> Or False
lys-0071 [83]

Answer:

False because you only go and check your account you don't deposit anything only if you want

7 0
2 years ago
Read 2 more answers
In order for a business to be really successful,
poizon [28]

it would be a as a team I hope this helps

3 0
2 years ago
Enviro Company issues 8%, 10-year bonds with a par value of $300,000 and semiannual interest payments. On the issue date, the an
elena55 [62]

Answer:

1. Issuer's cash is $262,500

2. Total amount of bond interest is $277,500

3. The amount of bond interest expense is $13,875.

Explanation:

1. Issuer's cash = Face Value × Selling Price

Issuer's cash  = $300,000 × 87.50%

Issuer's cash  = $262,500

2. Discount on bond = $300,000 × 12.5% = $37,500

Interest on bond = $300,000 × 8% = $24,000

Period of bonds= 10 years

Total amount of bond interest = Discount on Bond + (Interest on Bond  × period)

Total amount of bond interest = $37,500 + ($24,000  × 10)

Total amount of bond interest = $277,500

3. Discount on bond = $300,000 × 12.5% = $37,500

Interest on bond = $300,000 × 8% = $24,000

Period = 0.5 years

The amount of bond interest expense = (Discount of Bond ÷ 20) + Interest

The amount of bond interest expense = ($37,500 ÷ 20) + ($24,000 × 0.5)

The amount of bond interest expense = $1,875 + $12,000

The amount of bond interest expense = $13,875.

7 0
3 years ago
HELP PLS
Margaret [11]

Answer:

$23

Explanation:

8 0
3 years ago
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