Answer:
correct, you could be accused of plagerism
Answer:
b. $3,000 loss
Explanation:
For computing the gain or loss, first we have to determine the depreciation expense so that we can find the book value of an asset
So, under the straight-line method, the depreciation expense would be
= (Original cost - residual value) ÷ (useful life)
= ($15,000 - $1,000) ÷ (4 years)
= ($14,000) ÷ (4 years)
= $3,500
For two years, the depreciation would be
= $3,500 × 2 years
= $7,000
In this method, the depreciation is same for all the remaining useful life
Now the book value would be
= Acquired value of an asset - accumulated depreciation
= $15,000 - $7,000
= $8,000
So, the gain would be
= Sale value - book value
= $5,000 - $8,000
= $3,000 loss
Answer: Enterprise Resource Planning (ERP)
Explanation:
Enterprise Resource Planning (ERP) is defined as the strategy software through which operation of business are managed and processed.It uses integrated applications in system for carrying out and handling business functions.
It helps in reduction in human labor for gathering information and data by creating centralized business database for making efficient decision. Advantages of ERP are providing technological services,easy work-flow, handling core functions of business etc.
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