Answer:
Explanation:
current year($) preceeding year($)
Land and building 6956 4863
Machinery ,equipment 37038 29639
internal-use software
Other fixed asset 5263 4513
Total asset 49257 39015
less:Accumulated depreciation -26786 -18391
and amortization
Book value 22471 20624
Additional fixed asset purchased : 49257 - 39015 = 10242 million
Depreciation : 26786 - 18391 = 8395
b) It is generally expected that apple fixed asset will increase as it requires latest fixed asset and technology for its manufacturing process.
Sean's experience exemplifies Inseparability in services
Option (E) is correct
<u>Explanation:</u>
Inseparability in the case of service means, it is difficult to separate the service and the one who provides it. The quality of service being provided depends upon the service provider only.
In this case, the service provided by a doctor is not separate from him. Service provided is consumed by the user at the same time. In this case, the experience of sean indicates the inseparability of the service of the doctor and the doctor himself.
Answer:
Lily and Daisy
Explanation:
Joint product Flowers per harvest Proportion Joint cost allocation
Tulip 10 20% (10/50) $6 ($30*20%)
Lily 20 40% (20/50) $12 ($30*40%)
Daisy 20 40% (20/50) $12 ($30*40%)
Totals 50 100% $30
As per above results, both Lily and Daisy received the largest proportion of joint cost.
Answer:
True
Explanation:
Gross Domestic Product (GDP) can be described as the monetary value of commodities produced within a country over a specified period of time.
For an economy as a whole, income must equal expenditure because there must a buyer and a seller for every transactions.
GDP is therefore a measures total expenditures on goods and services produced within a country, and the total income everyone got from the production of these goods and services.
Answer:
b. 51,429 units
Explanation:
If x = Number of units
Net Income = Sales Revenue - Variable Cost - Fixed Cost
or
Net Income = Contribution Margin - Fixed Cost
where,
Net Income = $80,000
Contribution Margin per unit = $3.50
Fixed Cost = $100,000
Contribution Margin = Net Income + Fixed Cost
$3.50x = $80,000 + $100,000
$3.50x = $180,000
Dividing the above equation by $3.50 we get
x = $180,000 / $3.50
x = 51,429 units
Hence 51,429 number of units must be sold to generate the net income of $80,000.
