1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aivan3 [116]
2 years ago
15

The equipment account had a $36,000 balance at the beginning of the year, and a $30,000 balance at the end of the year. The accu

mulated depreciation account had a balance of $22,000 at the beginning of the year, and a $17,000 balance at the end of the year. The income statement reported depreciation expense of $4,000 for the year. Equipment costing $10,000 was sold for its book value. Cash received from the sale to be reported in the Investing Activities section is $
Business
1 answer:
MrMuchimi2 years ago
6 0

Answer:1000

Explanation:

Equipment decreases $6000 ($10000-$4000). Accumulated depreciation decreases $9000 ($22000+4000-$17000). $10000 cost -$9000 accumulated depreciation = $1000 cash received from sale.

You might be interested in
Hughes Corporation is considering replacing a machine used in the manufacturing process with a new, more efficient model. The pu
pogonyaev

Answer:

50,000

Explanation:

Hughes Corporation can calculate the incremental cash outflow required to acquire the new machine by just deducting the sales proceeds from the cost of the new machine.

DATA

New machine = $150,000

Old machine = 100,000

Cash outflow per year (18,000 - 10,000) = 8,000

Salvage value = 25,000

Annuity factor = 8%

Solution

Incremental Cash outflow = Cost of new machine - Sales proceeds from old machine

Incrementa Cash outflow =  150,000 - 100,000

Incremental Cash outflow = $50,000

4 0
3 years ago
Waylon could see lina's frustration build as adam continually cut her off midsentence in their problem-solving group meeting. at
mr_godi [17]

The answer to the question is a maintenance need.

It can be said that Waylon is ensuring that the peace in the group is maintained despite personality clashes that may occur by doing certain behaviors to accommodate the team members. This is clear from how he made an effort to seek out Lina to ensure that her opinion is heard and mitigating future conflict possibilities by ensuring that she would have her chance to speak if Adam behaves in the same manner on the next meeting.

4 0
3 years ago
Wally offers to repair and service a forklift for valu lumber outlet, but wally dies before valu accepts. most likely, wally's d
Furkat [3]
D.terminates the offer
3 0
3 years ago
Which term is used to describe the physiological process of decoding sounds?
wolverine [178]
Hearing is the physiological process of registering sound waves as they hit the eardrum. Attending is the process of accurately identifying particular sounds we hear as words.

Hope this helps queen
4 0
2 years ago
In the secondary market, what determines the cost of a share of stock?
gayaneshka [121]

Answer:

The answer is C. The interaction of consumers.

Explanation:

In the primary markets, the valuers, corporations and even the regulatory bodies may set the price. However, when they are released into the market, supply and demand sets the price levels. In other words, consumer behaviour, expectations and interactions.

8 0
2 years ago
Other questions:
  • A difference between people-processing services and possession-processing services is that possession-processing services:
    9·1 answer
  • An oligopolistic market structure is distinguished by several characteristics, one of which is market control by a few large fir
    9·1 answer
  • On July 8, Jones Inc. issued an $75,700, 8%, 120-day note payable to Miller Company. Assume that the fiscal year of Jones ends o
    8·1 answer
  • Rane Company had the following assets on January 1, 2017.
    7·1 answer
  • In a company with different business units, individual managers make decisions by changing various assumptions of its budget in
    10·1 answer
  • Henry has a defined benefit plan that promises an annual retirement benefit based on 2% of his final 5-year average annual salar
    8·1 answer
  • Commercial banks create money throughmaking loans. facilitating borrowing from the Federal Reserve to the public. printing treas
    15·1 answer
  • At a higher price the quantity supplied of a product typically is<br><br> higher or lower
    9·1 answer
  • A manufacturer of sports bicycles uses various cycling legends and sports celebrities as brand ambassadors to promote its produc
    15·1 answer
  • Which are examples of a person changing careers? Check all that apply.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!