Answer:
1
Cr Truck equipment_______________27600
Db Accumulate depreciation__24840
Db Computer______________4554
Cr Cash__________________________690
Db Loss on Fixed asset sale___1104
Explanation:
When there is commercial substance (which is when there is a change in cash flow resulting from the transaction), the parties should recognize a gain or loss on the exchange. If there is no commercial substance, record the acquired asset at the book value of the asset given up in the exchange
Answer:
the correct answer is Price sensitivity
Explanation:
The price sensitivity refers to the amount that the demand will vary depending on a percentage change in the price of a commodity. If the elasticity is higher, then the demand will either increase or decrease in a much greater amount than the percentage change in the price and vice versa.
Answer
Material purchase budget ($)= $475,500
Explanation:
The material purchases budget is determined by adding the the closing stock of materials to the material usage budget and subtracting the opening inventory of materials.
Material purchase budget= Material usage budget + closing inventory - opening inventory
Material usage budget = Production budget × standard quantity per unit
= 53,00 × 6 yards = 318,000
Material purchase budget(quantity) = 318000 + 30,000 - 31,000 = 317,000
Material purchase budget ($) = Material purchase budget (in quantity) × standard price
= 317,000× $1.50 = $475,500
Material purchase budget ($)= $475,500
Answer:
the options are missing:
- Always accept Project A.
-
Accept Project B if the required return is less than 13.1 percent.
- Be indifferent to the projects at any discount rate above 13.1 percent.
- Accept Project B only when the required return is equal to the crossover rate.
- Always accept Project A if the required return exceeds the crossover rate.
the answer is:
5. Always accept Project A if the required return exceeds the crossover rate.
The crossover point tells us that one project must be chosen if the IRR is higher than the cross over point, but if the IRR is lower, then the other alternative should be selected.
In this case, the cross over point is 12.3% and we are told that project A should be selected if the required IRR is 13.1%. That tells us that the alternative that we must choose above 12.3% is project A. Project B should be selected if the IRR is less than 12.3%.
Answer:
The answer is A. (Non rival good)
Explanation:
I just took the test. Nonrival goods are something that everyone can enjoy, and since you can view a sunset everywhere, everyone can watch and enjoy it :))