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baherus [9]
4 years ago
9

1. Eric is a draftsman who designs house plans for a large construction company. The pathway in the architecture and constructio

n career cluster and Eric works in ____.
A. Design/ pre construction
B. Construction
C. Maintenance/ operations
D. Production
Business
1 answer:
Otrada [13]4 years ago
8 0

Answer: A. Design/ pre construction.

Explanation:

Architecture is the profession in charge of the design, projection, and construction of structures, such as houses or buildings, focusing on aesthetics and harmony of constructions. This career is very similar to civil engineering but differs in the fact that architecture focuses on design and engineering on construction.

In this case, Erick works on design or preconstruction, that is, drawing the plans of the houses that the structure for which he works is going to build. This is the first step in the construction process.

<em>I hope this information can help you.</em>

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Kerry, Inc., exchanged land and cash of $8,900 for equipment. The land had a book value of $64,000 and a fair value of $69,900.
kipiarov [429]

Answer:

Explanation:

The journal entry is shown below:

Equipment A/c Dr $78,800

    To Gain on exchange A/c  $5,900                      

    To Land A/c $64,000

    To Cash A/c $8,900

(Being the exchange is recorded and the remaining balance is credited to the gain on exchange account)

The equipment value is computed below:

= Fair value + exchange value

= $69,900 + $8,900

= $78,800

3 0
4 years ago
Out of the following- Savings bank, Commercial bank, and Credit Union which is a nonprofit financial institution?
sweet-ann [11.9K]

I think the answer is credit union

6 0
3 years ago
On January 4, 2021, Snow Co. purchased 40,000 shares (40%) of the common stock of Walker Corp., paying $900,000. There was no go
telo118 [61]

The balance in an investment account after shares are sold is $845,250.

<h3>What is an investment?</h3>

An investment is the acquisition of shares owned by a parent company in a subsidiary company.

Given values for step 1:

Cost of shares : $900,000

Share in profit of Company W: $ 96,000 ($240,000 X 40%)

Share in dividends of Company W: $ 30,000  ($75,000 X 40%)

<u>Step-1</u> Computation of investment value of Company S :

\rm\ Investment \rm\ income \rm\ of \rm\ Company \rm\ S =\rm\ Cost \rm\ of \rm\ shares+ \rm\ Share \rm\ in \rm\ profits - \rm\ Share \rm\ in \rm\ Dividends\\\rm\ Investment \rm\ income \rm\ of \rm\ Company \rm\ S=\$900,000+\$96,000-\$30,000\\\rm\ Investment \rm\ income \rm\ of \rm\ Company \rm\ S=\$966,000

Given values for step 2:

Number of shares sold: 5,000

Number of shares owned : 40,000

investment value (refer Step-1): $966,000

<u>Step-2</u> Computation of investment value after the sale of shares :

\rm\ Investment \rm\ value \rm\ after \rm\ sale \rm\ of \rm\ shares=\frac{\rm\ Number \rm\ of \rm\ shares \rm\ sold}{\rm\ Number \rm\ of \rm\ shares \rm\ owned } \times\ \rm\ Investment \rm\ value\\\rm\ Investment \rm\ value \rm\ after \rm\ sale \rm\ of \rm\ shares=\frac{5,000}{40,000} \times\ \$ 966,000\\\rm\ Investment \rm\ value \rm\ after \rm\ sale \rm\ of \rm\ shares=\$120,750

Given values for step 3:

Investment value of Company S:$966,000

Investment value after shares sale:$120,750

<u>Step-3 </u>Computation of balance in investment value:

\rm\ Balance \rm\ of \rm\ investment = \rm\ Investment \rm\ value \rm\ of \rm\ Company \rm\ S - \rm\ Investment \rm\ value \rm\ after \rm\ shares \rm\ sale\\\rm\ Balance \rm\ of \rm\ investment =\$966,000-\$120,750\\\rm\ Balance \rm\ of \rm\ investment=\$845,250

Therefore, after selling the shares, the amount of investment comes out to be $845,250.

Learn more about the investment balance in the related link:

brainly.com/question/14904259

#SPJ1

4 0
3 years ago
Which of the following best describes the objectives of the Monetary Policy?
tamaranim1 [39]

Answer:

d. managing or manipulating the money supply in the economy

Explanation:

i feel like it's D

8 0
3 years ago
Read 2 more answers
Srishti wants to start a restaurant of her own. As she does not have any savings, she approaches her bank for money and enters a
Reika [66]

Answer:

Line of credit.

Explanation:

A line of credit is a loan that is issued by the bank to the customer. This type of loan can be withdrawn at any period of time by the customer.

A line of credit is a type of loan that can be used as a credit card. It is possible for a customer to withdraw money up to a maximum amount when needed, pay back and then withdraw the money again.

A line of credit enables the customer to borrow money without paying a high amount of interest. This type of loan can be used at any time without any form of restriction.

4 0
3 years ago
Read 2 more answers
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