Answer: $9025 §1231 loss
Explanation:
From the question, we are informed that Sumner sold equipment that it uses in its business for $30,800 and that the equipment was bought a few years ago for $79,600.00 and has claimed $39,775 of depreciation expense.
Assuming this is Sumner's only disposition for the year, the amount and type or character of Sumner's gain or loss goes thus:
The book value of the equipment will be:
= $79600 - $39775
= $39825
Since the equipment is sold for $30,800, the loss will be:
= $39825 - $30800
= $9025
It should be noted that there will be no depreciation recapture because the asset is sold for a loss.
Answer:
d. margin of safety
Explanation:
The margin of safety is the difference between the recorded sales and break-even sales. It is used to indicate the level by which sales can decrease before a project becomes unprofitable. The formula for calculating the margin of safety is actual sales minus break-even point divided by the actual sales.
The margin of safety is also referred to as a safety margin. It can be calculated either in units or dollar value. Managers and investors set the size of the margin of safety, depending on their preference and type of investment.
Answer:
B) produce more output with the same inputs.
Explanation:
Hicks-neutral technical is a theory by
John Hicks and can be explained as a change in the function of the production of a particular business with respect to the neatral condition of economic system at that period. It should be noted that Neutral technical progress allows a firm to produce more output with the same inputs.
Any individual who purchases products or services for his private use and not for manufacturing or resale exists named a consumer.
<h3>
What is the meaning of consumers?</h3>
Any individual who purchases products or services for his private use and not for manufacturing or resale exists named a consumer. A consumer stands as the decision-maker whether or not to buy an object at the store or someone who is affected by advertisement and marketing. A consumer exists someone who buys items for a non-commercial meaning, either for themselves or for others. Companies utilize consumer marketing movements to sell to consumers. Campaign messaging concentrates on both acquiring potential customers and retaining recent customers.
At Gorton’s Seafood, we have been delighting consumers with our delicious frozen seafood products for years. However, frozen prepared seafood includes the opportunity to achieve better with Millennial & Gen Z consumers. To obtain consumers into the frozen seafood aisle at the grocery store, we stand seeking concepts for frozen seafood “mash-ups” where Gorton’s can partner with another brand, influencer, or celebrity to make an offering that would be more enticing, compelling, and tasty to younger consumers.
The brand partnership should be front and center in these product concepts. An example could be a Gorton’s & Sam Adams beer-battered cod fillet that utilizes Sam Adams beer in the batter, a Heinz ketchup-infused layer that adds a sweet bite, or a Lady Gaga-inspired salmon. The possibilities exist endless and we stand excited to see what original and innovative ideas you come up with!
MindSumo hosts challenges for Frozen Seafood Manufacturers and over 250 other companies to assist develop unique ideas and insights from a community of over 700k millennial.
To learn more about consumers refer to:
brainly.com/question/3227054
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