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gizmo_the_mogwai [7]
3 years ago
7

Suppose that during the most recent fiscal year, the an- nual revenue of Acme Computer was 138 billion dollars and its net profi

t was 8 billion dollars, the annual revenue of Nadir Software was 87 billion dollars and its net profit was 5 billion dollars, and the annual revenue of Quixote Media was 111 billion dollars and its net profit was 13 billion dollars. Determine the truth value of each of these propositions for the most recent fiscal year.
a) Quixote Media had the largest annual revenue.
b) Nadir Software had the lowest net profit and Acme Computer had the largest annual revenue.
c) AcmeComputerhadthelargestnetprofitorQuixote Media had the largest net profit.
d) If Quixote Media had the smallest net profit, then Acme Computer had the largest annual revenue.
e) Nadir Software had the smallest net profit if and only if Acme Computer had the largest annual revenue.
Business
1 answer:
Drupady [299]3 years ago
7 0

Answer:

a) False

b) True  

c) True

d) False

e) True

Explanation:

A– Acme computer has the largest annual revenue.

B– (x˄y) = If X = Y = 1 then 1; otherwise = 0. Both parts of equation are True, then the proposition is True.

C– (x˅y) = If X = Y = 0 then 0; otherwise = 1. The first part of the equation is False, and the second part is True, then the proposition is True.

D– (x→y) = If X = 1 and Y = 0, then (x→y) = 1. The first part of the equation is False, and the second part is True, then the proposition is False.

E- (x≡y) = If X = 0 and Y = 0, then (x≡y) = 0. Both parts of equation are True, then the proposition is True.

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A fixed asset with a five-year estimated useful life and no scrap value is sold at the end of the second year of its useful life
JulsSmile [24]

Answer:

B) A gain would be less or a loss would be greater using straight-line depreciation.

Explanation:

In straight line method of depreciation there is a fixed amount of depreciation,  and in double declining method the rate is double of straight line method,

Let us take an example,

Cost of asset = $500,000

Selling price at end of 2nd year = $300,000

Straight line depreciation = $100,000 for each year i.e. $500,000/5

Double declining method rate = ($100,000/$500,000) \times 100 \times 2 = 40%

Therefore value at end of second year

Straight line = $500,000 - ($100,000 \times 2 ) = $300,000

Double Declining method = ($500,000 -40%) - 40% = $180,000

In case of sale at $300,000

Profit shall be

Straight line = $300,000 - $300,000 = 0

Double Declining = $300,000 - $180,000 = $120,000

Now, there will be more profit in double declining that is gain is less in straight line and losses would be greater in straight line thus statement B is correct.

8 0
3 years ago
A salesperson working for Broker A sells a $150,000 home listed with another brokerage. The listing commission is 6.5 percent of
Taya2010 [7]

Answer:

She is entitled to $3,217.5

Explanation:

First the amount the brokers and sales person are interested in is 6.5% of the selling price ($150,000). so calculating 6.5% of the selling price;

6.5% = 6.5/100 = 0.065

∴ 6.5% of $150,000 = 0.065 × 150,000 = $9,750

Next, we are interested in the cooperating broker (Broker A), who the sales person works for. Note that a cooperating broker is the broker who facilitates a real estate transaction, along with a listing broker who listed the property, and in this case the listing broker is Broker A, who the sales person works for.

We are told that the cooperating broker takes 60% of the listing commission ($9,750);

Therefore, 60% of $9,750 = 0.6 × 9,750 = $5,850

Next, we are also told that out of this amount, the sales person is responsible for 55% of the listing commission entering the cooperate broker's office;

Therefore, 55% of $5,850 = 0.55 × 5,850 = $3,217.5

Therefore the sales person is entitled to $3,217.5

8 0
4 years ago
When you purchase an item,
Sunny_sXe [5.5K]

Answer:

it would be C bc they sold something

4 0
3 years ago
The United States began collecting federal income tax in which year?
Anna35 [415]
The US started collecting federal income tax in 1913
5 0
3 years ago
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Once the outputs are identified in a work flow analysis, the next step involves: identifying the materials needed to generate th
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Answer:

taking an inventory of the special equipment, facilities, and systems needed for production.

Explanation:

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