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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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Durable Goods $1,250 Nondurable Goods $2,130 Services $9,000 Fixed Investment $1,800 Changes to Business Inventory $135 Investme
Anettt [7]

Answer:

Given that,

Durable Goods = $1,250

Non-durable Goods = $2,130

Services = $9,000

Fixed Investment = $1,800

Changes to Business Inventory = $135

Investment in Stocks & Bonds = $15,500

Federal Government Purchases = $1,800

State/Local Government Purchases = $1,700

Transfer Payments = $675

Exports from the United States = $2,100

Imports into the United States = $2,400

(a) Consumption, C = durable goods + non-durable goods + services

                                = $1,250 + $2,130 + $9,000

                                = $12,380

(b) Private investment, I = Fixed investment + change in inventory + Investment in stocks/bonds

                                       = $1,800 + $135 + $15,500

                                       = $17,435

(c) Government spending, G = Federal government purchase + state/local government purchase

                                               = $1,800 + $1,700

                                               = $3,500

(d) Net exports = Exports - Imports

                         = $2,100 - $2,400

                         = -($300)

GDP = C + I + G + NX

        = $12,380 + $17,435 + $3,500 + (-$300)

        = $33,015

7 0
3 years ago
Xavier and Shawn are co-owners of a party-planning business. They split all of the profits 50-50 and are able to make decisions
pshichka [43]

In this instance, Xavier and Shawn are general partners. In this arrangement, all partners are equally responsible for the business, meaning they are both liable for any financial loss. LLC would protect their personal assets from this type of claim. Obviously, this isn't a sole proprietorship because there is more than one owner.

5 0
3 years ago
Read 2 more answers
3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification
Mazyrski [523]

<u><em>Explanation</em></u>:

<u>(a) FIFO</u>

In using this method we calculate cost based on the price of the earliest (first) purchased inventory date.

(b) LIFO

Here we calculate cost by using the price of the most recent (last) purchased inventory date. eg for inventory cost calulations for March 9 we use the price value of March 29

(c) weighted average

This meeting uses the average cost of the entire inventory in the month. Calculated by dividing total cost by today inventory.

(d) specific identification.

Here cost are just assigned to each individual item or batch of items in the period.

6 0
2 years ago
Jacko Inc. hired you as a consultant to help estimate its cost of capital. You have been provided with the following data: D0 =
Valentin [98]

Answer:

Jacko Inc Costo fo Capitak8.15%

Explanation:

From the gordon model for stock valuation

\frac{divends}{return-growth} = Intrinsic \: Value

<em><u>we clear and solve for cost of equity </u></em>

\frac{divends}{Price} = return-growth

\frac{divends}{Price} + growth = return

$Cost of Equity =\frac{D_1}{P} +g

D1 = D0(1+g)= 0.8 (1.08) = 0.0864

P 57.5

g 0.08

$Cost of Equity =\frac{0.0864}{57.5} +0.08

Ke 0.081502609 = 8.15%

5 0
3 years ago
Your local movie theater earns a total revenue of $40,000 per month when the price of a movie ticket is $8, and it earns a total
algol [13]

Answer:

Explanation:

Part One: Demand falls/ declines once the price of movie ticket increases.

Part Two: Demand declines also when the price of the local Internet Service provider increases.

Part Three: Demand declines when the price of cappuccino increases

5 0
2 years ago
Read 2 more answers
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