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Ray Of Light [21]
3 years ago
12

A company sells a plant asset that originally cost $450000 for $200000 on December 31, 2022. The accumulated depreciation accoun

t had a balance of $180000 after the current year's depreciation of $45000 had been recorded. The company should recognize a ________.
Business
1 answer:
STALIN [3.7K]3 years ago
5 0

Answer:

$90,000 loss on disposal

Explanation:

If the current year's depreciation of $45,000 is recorded, the loss on disposal will be $45,000 multiplied by 2 which is $90,000

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EPS (Earning Per Share) is:_____.
olchik [2.2K]

Answer:

d) dividing net profit by the number of current shares.

Explanation:

The formula to compute the earning per share is shown below:

Earning per share = (Net income - preference dividend) ÷ (Outstanding Number of shares)

Basically we divide the net income or net profit after considering the preference dividend and then divided it by the outstanding number of shares so the earning per share could come

7 0
3 years ago
Common stock holders: Group of answer choices have one vote in the election of how the company operates. are last in line to rec
enot [183]

Answer:

are last in line to receive income.

Explanation:

Common stock holders are referred to as the owners of the company. They own shares that gives them the right to vote in a company's general meeting, receive dividends, and they have the right to get newly issued shares in the company before others.

However they are also called unsecured creditors of the company because when the business makes income they are the last in line to receive dividends if any remains.

Also in the case of bankruptcy preference share holders and other creditors are paid first. Common share holders are paid last.

5 0
3 years ago
Explain<br> What an<br> organization High- uncertainty is
Korolek [52]
In a country with a high uncertainty avoidance majority of people have an increased level of anxiety about uncertainty and ambiguity
5 0
3 years ago
Bobby is speaking to his friend and says, "this musical is going to cost me $60 when I buy the ticket." His friend corrects him
Valentin [98]

<u>Full question:</u>

Bobby is speaking to his friend and says, "this musical is going to cost me $60 when I buy the ticket." His friend corrects him and says, "actually, this concert will cost you more than $60 since you have to miss work." His friend is referring to the _________________.

Select the correct answer below:

a)economies of scale

b)budget constraint

c)opportunity cost

d)opportunity set

<u>Answer:</u>

His friend is referring to the opportunity cost

<u>Explanation:</u>

Opportunity costs describe the gains a person, investor or company drops out on when picking one choice over another. The cost of practicing something is previously the cost of the highest-valued alternative use.  Bottlenecks are frequently a condition of opportunity costs.

The method for determining an opportunity cost is solely the contrast within the expected returns of any option. Estimating opportunity costs can lead you to more effective decision-making. Opportunity cost examination also performs a crucial role in preparing a business's capital structure.

5 0
3 years ago
A method of estimating bad debts expense that involves a detailed examination of outstanding accounts and their length of time p
3241004551 [841]

Answer:

The answer is aging of accounts receivable method.

Explanation:

This method helps accountants in determining how much of a company’s account receivables would not be collected. This is related to unpaid invoices of a company’s customers. Though invoices usually have due dates, according to the company, customers who haven’t paid even after the due date has passed must be calculated using this method for more accurate accounting reporting.

8 0
3 years ago
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