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3 years ago

Which of the following statements is true?

Business

1 answer:

Zinaida [17]3 years ago

6 0

Answer:

C) Actual investment includes unplanned inventory changes, but planned investment does not

Explanation:

The total amount of investment consumptions attempted by a business during a timeframe consists of both arranged and impromptu costs of capital. The idea of pure speculation is a significant piece of Keynesian financial aspects and is utilized to decide the purpose of macroeconomic harmony, at which real venture equivalents arranged venture.

When moving toward interest in the securities exchange, there are two fundamental procedures utilized, principal investigation and specialized examination. Likewise, with any speculation technique, there are promoters and depreciators of each approach.

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Cynthia Co. exchanged Building 24 which has an appraised value of $4,800,000, a cost of $7,600,000, and accumulated depreciation

DENIUS [597]

Answer:

See the journal entries below.

Explanation:

In the Book of Cynthia Co.

Book value of Building 24 = Cost of Building 24 - Accumulated depreciation of Building 24 = $7,600,000 - $3,619,000 = $3,981,000

Gain on disposal of Building 24 = Building 24 an appraised value of - Book value of Building 24 = $4,800,000 - $3,981,000 = $819,000

Basis for Building M = Building M appraisal value - Gain on disposal of Building 24 = $4,560,000 - $819,000 = $3,741,000

Cash = Accumulated Depreciation of Building 24 + Basis for Building M - Cost of Building 24 - Gain on Disposal of Building 24 = $3,619,000 + $3,741,000 - 7,600,000 - $819,000 = $1,059,000

The journal entries will look as follows:

Accounts Title Debit ($) Credit ($) 

Accumulated Depreciation 3,619,000

Building M 3,741,000

Cash 1,059,000

Building 24 7,600,000

Gain on Disposal 819,000

To record the exchange of Building 24 for Building M from Waterway Co.

In the Book of Waterway Co.

Building 24 = Building M cost + Cash - Building M depreciation = $9,096,000 + $1,059,000 - $4,747,000 = $5,408,000

The journal entries will look as follows:

Accounts Title Debit ($) Credit ($) 

Accumulated Depreciation 4,747,000

Building 24 5,408,000

Building M 9,096,000

Cash 1,059,000

To record the exchange of Building M for Building 24 from Cynthia Co.

4 0

3 years ago

Jose has a limited Google Ads budget, and his ads aren’t showing as often as he wants. How might he improve results without spen

Basile [38]

Show me some things first

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3 years ago

Expenses, such as depreciation on buildings are also known as variable expenses. t or f?

SSSSS [86.1K]

The statement “Expenses, such as depreciation on buildings are also known as variable expenses.”, is false, due to the fact that depreciation is a fixed cost since throughout its useful life as an asset, it reoccurs in the same amount per period, and thus, depreciation cannot be considered a variable cost. Nevertheless, as with all things, there is an exception. The depreciation will be sustained in a pattern that is more consistent with a variable expense, only if a business recruits a usage-based depreciation methodology.

To add, the corporate expense that alters with the company’s production output is called the variable cost.

8 0

3 years ago

Belinda keeps a record of her expenses for the week as shown:

Mademuasel [1]

Answer:

d. $38.00

Explanation:

The computation of the overall Belinda expense for the week is shown below:

= Bus fare expense + lunch out expense + hair cut expense + movie rental expense

= $8.70 + $7.35 + $16 + $5.95

= $38

We have added all the types of expenses that are provided in the case i.e. bus fare, lunch out, hair cut and movie rental expenses.

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3 years ago

What are three advantages and three disadvantages of globalization

umka21 [38]

Living dying survival food water animals according to my ficisallogu Shri

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2 years ago