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DENIUS [597]
3 years ago
11

Explain the reason for not reporting property and equipment at fair value except in specified circumstances. What do our OER tex

tbook authors say is normally used as a guideline
Business
1 answer:
Alecsey [184]3 years ago
8 0

Answer and Explanation:

Property, Plant and Equipment(PPE) are reported are reported at book value in the balance sheet statement. Over it's useful life, depreciation is allocated as expense to PPE and accumulated depreciation is calculated for total of depreciation expense to get net book value(cost less depreciation expense). PPE is only reported at fair value when it is going to be sold or it is damaged/impaired asset. Otherwise it is not useful to report PPE at fair value in the statement.

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According to the company Evernote it is a workspace that lives across your phone, tablet, and computer. It is the place you writ
DerKrebs [107]

Answer:

The correct answer is C.

Explanation:

What this company is stating is focused and it is narrowinga specific  target market.  Talking about the service they provide we can notice that it aims at superior customer service.  Besides, it is answering and solving a problem.  This offer is hard to ignore when reading or listening to it. They want to create an image and be known as knowledgeable in the field.

6 0
3 years ago
Why are online retailers taking so much market share from the traditional brick-and-mortar stores?
Fed [463]

Answer:

Because they have corona

Explanation:

5 0
3 years ago
The computer workstation furniture manufacturing that Santana Rey started in January is progressing well. As of the end of June,
AnnyKZ [126]

Answer:

Results are below.

Explanation:

Giving the following information:

Job 602 Job 603 Job 604

Direct materials= $ 1,500 $ 3,700 $ 2,800

Direct labor= 900 1,380 1,800

Overhead= 360 552 720

Job 602:

direct materials= $600

direct labor= $250

overhead= $100.

1) Raw materials:

Job 602= 1,500 - 600= $900

Job 603= 3,700

Job 604= 2,800

Total= $7,400

2) Direct labor:

Job 602= 900 - 250= $650

Job 603= 1,380

Job 604= 1,800

Total= $3,830

3) Overhead:

Job 602= 350 - 100= 250

Job 603= 552

Job 604= 720

Total= $1,522

4) The cost transferred to finished goods is the total cost of jobs 602 and 603.

Total cost 602= 1,500 + 900 + 360= 2,760

Total cost 603= 3,700 + 1,380 + 552= $5,632

Total cost transferred to finished goods= 2,760 + 5,632= $8,392

5 0
4 years ago
Jorge Ortega has been using a 10 percent capacity​ cushion, servicing 60 customers an hour. There is a good deal of customer​con
-BARSIC- [3]

Answer:

B. 75

Explanation:

new capacity requirement

= number of customers/(total capacity - capacity cushion)

= 60/(100% - 20%)

= 60/80%

= 75

Therefore, The new capacity requirement is 75.

7 0
4 years ago
​Inflation, nominal interest​ rates, and real rates. From 1991 to​ 2000, the U.S. economy had an annual inflation rate of around
Sav [38]

Answer:

the question is incomplete:

nominal interest rate = 5.07%

real interest rate = ?

inflation rate = 3.45%

approximate real interest rate = 5.07% - 3.45% = 1.62%

real interest rate = [(1 + 5.07%) / (1 + 3.45%)] - 1

real interest rate = (1.0507/1.0345) - 1 = 1.57%

3 0
3 years ago
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