Answer:
See below.
Explanation:
Journal entries to record the transaction are as follows,
Debit Computer account with $3,432
Debit Accumulated depreciation account with $18,720
Credit Truck account with $20,800
Credit Cash Account with $520
Credit profit on sale of asset with $832
This the journal entry that balances the books by targeting appropriate accounts.
Note that accumulated depreciation account has a credit balance as it is an asset reducing account.
Hope that helps.
Answer:
It allows non-government organisations and non-profits to identify the businesses they want to work with and share strategies. Under the shared value framework, companies can identify social issues and develop innovations and strategies to resolve problems while opening new markets and generating growth.
Answer:
The correct answer is letter "A": the government passes a universal tax credit to stimulate consumer spending during an economic downturn.
Explanation:
Fiscal policy refers to the collective governmental decisions concerning taxation and spending of a nation. The term fiscal policy is identified with the British economist John Maynard Keynes (1883-1946) who claimed that governments could control rates of macroeconomic growth by doing things like <em>raising the rate of employment, battling inflation </em>and<em> flattening business cycles</em>.
Thus, <em>a governmental universal tax credit to boost consumption is likely to be taken care of a fiscal policy.</em>
Answer: $1.51 per share
Explanation:
Here's the question:
Compute Berclair's earnings per share for the year ended December 31, 2021.
Firstly, we.calculate the weighted average number of shares outstanding which will be:
= ( 400 × 12/12 × 1.05 ) - ( 30 × 10/12 × 1.05 ) + ( 5 × 3/12 )
= 420 - 26.25 + 1.25
= 395 million
Then, we calculate the preferred dividend which will be:
= 6 × 100 × 9%
= 6 × 100 × 0.09
= 54 million
Earnings per share will be:
= ( Net income - Preferrred dividend ) / Weighted average number of shares outstanding
= ( 650 - 54 ) / 395
= 596 / 395
= $1.51 per share
Berclair's earnings per share is $1.51 per share
Answer:
B. Janet's expertise is in low supply and high demand.
Explanation:
Sam's transcription occupation is in high supply and low demand ; this means that there are a lot more transcriptionist available to work than open positions employers are offering. This pushes down the salary and that explains why Sam earns $30,000 per year. Janet's occupation on the other hand pays high salary of $73,000 per year which indicate that jet propulsion specialists are in high demand but there is a shortage of expertise in the market.
