Answer:
slope = -7.65 per month
Explanation:
given data
2007 price p1 = $432
2011 price p2 = $80
time t2 = 46 months
solution
we consider here starting time t1 = 0 when price $432
so here slope will be
slope =
.....................1
put here value and we will get
slope =
slope = -7.65 per month
Answer:
(A)
accumualted depreication equipment 41,000 debit
equipment 41,000 credit
(B)
accumualted depreication equipment 37,200 debit
loss at disposal 3,800 debit
equipment 41,000 credit
Explanation:
to retire the equipment itt will write-off their equipment account
if the accumulated depreication matches the book value then there will be no loss at disposal while if lower a loss will be recognized.
(a) 41,000 book value - 41,000 depreciation = 0 no loss
(b) 41,000 - 37,200 = 3,800 loss at disposal
Answer and Explanation:
The journal entry to record issuance of the stock in exchange for the land and building is given below:
Land $237,000
Building $368,000
To Common stock, $8 par value $168,000
To Paid-in capital in excess of par value, common stock $437,000
(Being the issuance of the stock in exchange for the land and building is recorded)
Answer:
The opportunity cost of buying 3 CDs is the lost opportunity to buy 1 DVD
Explanation:
Opportunity cost is the cost of alternative forgone.It is cost of the item not purchased due the current buying decision.
It is also applicable to a business division selling to another division within the company.The cost of such internal sale is viewed as the variable cost of the product plus the contribution forgone from not selling to external party.This is most likely the case when the selling division does not have a spare capacity with which it can fulfill internal sale request.