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BaLLatris [955]
3 years ago
7

Joan bought a business machine for $15,000. In a later year, she sold the machine for $12,800 when the total allowable depreciat

ion is $8,500. The depreciation actually taken on the tax returns totaled $8,000. Joan must recognize a gain (or loss) of ______.
Business
1 answer:
Lady_Fox [76]3 years ago
3 0

Answer:

2,200

Explanation:

15,000 - 12,800 = 2,200

You might be interested in
Rogers Radiators has net income of $48,200, sales of $947,100, a capital intensity ratio of .87, and an equity multiplier of 1.5
Assoli18 [71]

Answer:

ROE= 6%

Explanation:

Return on equity is the measure of a business profitability as related the owner's equity. It shows how well a company is making profits on shareholder funds.

Return on investment (ROE)= Profit Margin * Capital intensity ratio * Equity multiplier

To calculate the profit margin

Profit margin= Net income/Gross Income

Profit margin= 42,800/947,100

Profit margin= 0.045

Substitute in formula for ROE

ROE= 0.045* 0.87* 1.53

ROE= 0.06= 6%

5 0
3 years ago
The Accounts Payable account has a beginning balance of $11,400 and the company purchased $52,000 of supplies on account during
Solnce55 [7]

Answer:

$44,300

Explanation:

The account payable had a beginning balance of $11,400

The company purchased $52,000 worth of supplies

The ending balance is $19,100

Therefore the amount in which the company paid to the creditors can be calculated as follows

= $11,400+$52,000-$19,100

= $6,400-$19,100

= $44,300

6 0
3 years ago
How can i make an assessment about tourism <br><br><br>​
lapo4ka [179]

Answer:

so are you designing an assessment?

Explanation:

ill help but need clearer idea of what you mean

4 0
3 years ago
Salespeople who work on deals for constructing office buildings and
Leviafan [203]

Answer:

C option is correct hope it is OK

6 0
3 years ago
Read 2 more answers
Most large organizations have structured grievance procedures and complaint review processes that are designed to:________.
weqwewe [10]

Answer:

b. facilitate and support diversity.

Explanation:

In the case when the large organizations have the grievance procedures i.e. structured and also have the process that review the complaints so it would be designed for facilitating and support the diversity

Therefore as per the given situation, the option b is correct

And, the rest of the options are wrong

8 0
3 years ago
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