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tatiyna
3 years ago
15

A trucking company sold its fleet of trucks for $56,300. The trucks originally cost $1,471,000 and had Accumulated Depreciation

of $1,282,000 recorded through the date of disposal. What gain or loss did the trucking company record when it sold the fleet of trucks
Business
1 answer:
kodGreya [7K]3 years ago
7 0

Answer:

$132,700

Explanation:

The computation of the gain or loss in case of sale of fleet of trucks is shown below:

But before that we have to find that written down value which is

WDV of Trucks is

= Original Cost - Accumulated Depreciation

= $1,471,000 - $1,282,000

= $189,000

And, the Sale value is $56,300

So, the loss is

= $189,000 - $56,300

= $132,700

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The purposeful use of symbols to allow multiple interpretations of messages is called:____.
elena55 [62]

Answer:

a. strategic ambiguity.

Explanation:

The use of strategic ambiguity permits the views for diversify or interpretations also at the same time it promotes inclusiveness and unity

The mission and vision sttaement should be confused and normal in nature in order to provide the accomodation

So the use of symbols for permitting out the multiple interpretations of messages is known as the strategic ambiguity

Therefore the option a is correct

6 0
3 years ago
At December 31, 2017, Kalam Company had 800,000 shares of common stock outstanding. On October 1, 2018, an additional 160,000 sh
dimaraw [331]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

5 0
3 years ago
What should a person do if faced with a conflict between his or her ethical and social values and those of the organization?​
charle [14.2K]

Answer:

The person should do whatever impacts his/her company or organization in a good way.

Explanation:

Sometimes facing ethical decisions could be hard, but usually in business everyone is selfish.

If you have any questions feel free to ask in the comments - Mark

Also when you have the chance please mark me brainliest.

6 0
3 years ago
One way that marketing mix characteristics differ for organizational buying compared to consumer buying is that for organization
Deffense [45]

Consumer buying is the day to day purchases people make in their daily lives such as groceries, gas, clothing, services, etc.

Organizational buying involves purchasing goods and services that will be used in the production of the end product that will be sold to consumers.

6 0
3 years ago
During its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials, $6 per
vitfil [10]

Answer: d. $450,000

Explanation:

In absorption costing, the fixed costs are absorbed by the products so that the cost of goods sold is inclusive of fixed costs.

First find the fixed overhead for the ending inventory:

= Fixed overhead per unit * Number of units in ending inventory

= 240,000 / 30,000 * 10,000

= $80,000

This is the fixed overhead that is deferred to the next year.

Income under absorption costing = Income under variable costing + Fixed overhead deferred:

= 370,000 + 80,000

= $450,000

4 0
3 years ago
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