Answer:
$800
Explanation:
Since $50,800 are available for distribution, the payments will start with the trustee, the lawyers and the suppliers:
- trustee will receive $15,000
- lawyers will receive $10,000
- Dart will receive $20,000
- <u>Noll will receive $5,000 </u>
After the suppliers, lawyers and trustee are paid, only $800 are left and they will be given to Boyd. The creditors with unsecured claims will get $0.
Answer:
Emerson elaborates what is know as rough love
Explanation:
Sometimes to bring out the best in a person it is necessary to do things against his or her will, this happens a lot in cases where the parent educates the child or a close family member or friend worries for the welfare of the loved one, and is determined to taking action to change the situation and that includes applying discipline; or for example, hiding drinks from an alcoholic's son or even punishing a children for misbehave.
Emerson elaborates this in a succinct and not too apparent way, emphasizing the need for relationship with discipline.
Answer: False
Explanation:
Being able to determine the effect on price would have to be circumstantial
The adjusted balance in the Accumulated Depreciation account at the end of 2019 is <u>$14,000</u>.
<u>
Explanation</u>:
<em><u>Given</u></em>:
Cost of van= $32,000
Estimated residual value= $3,200
Straight-line Depreciation Rate= 1/8
= 0.125
Straight-line Depreciation Rate= 12.5%
Declining Balance Rate = 2 ×12.5%
= 25%
Double declining balance can be calculated with the following formula:
2 x basic depreciation rate x book value
By applying the values,
The adjusted balance in the Accumulated Depreciation account= $14,000.
Answer:
$66,000
$304,000
Explanation:
The computation is shown below:
Total implicit cost is
= Job left cost + forgone the return on investment
= $60,000 + $100,000 × 6%
= $60,000 + $6,000
= $66,000
And, the total cost is
= explicit cost + implicit cost
= $50,000 + $180,000 + $8,000 + $66,000
= $304,000
We simply applied the above formulas so that the correct values could come