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evablogger [386]
3 years ago
9

Marston acquired assets for $100,000. At the end of year 3, the assets had accumulated depreciation of $40,000. An impairment lo

ss was indicated, and the fair value of the assets was $48,000. The journal entry to record the impairment loss will include (Select all that apply.)
Business
1 answer:
JulijaS [17]3 years ago
5 0

Answer:

(a)-debit to accumulated depreciation of $40,000

(b)-debit to loss on impairment of $12,000

(c)-credit to assets of $52,000

Explanation:

There will be a debit to accumulated depreciation to the total of $40,000 to show the accumulated depreciation so far.

There will be a debit to loss on impairment of $12,000 because the net book value after depreciation is to be $60,000 yet an impairment loss was indicated that took this value to $48,000 so then the impairment loss must be 60,000 - 48,000 which is $12,000.

The assets will be credited to the tune of $52,000 as their balance needs to be reduced by the accumulated depreciation and the impairment loss.

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grin007 [14]

Answer:

Make your questions objective and friendly.

Explanation:

An interview is an essential step in the process of selecting a candidate to fill a position in a company.

Through the interview, verbal and non-verbal data are collected that will help in the relationship between the profile of the interviewed candidate and the profile expected to fill the vacancy.

It is important that the interviewer uses some techniques to make the interview flow effectively, the first of which is to maintain a friendly posture, as it is common for candidates for an interview to feel intimidated or anxious due to the selection process.

It is also essential that the questions are objective and honest, so that there is a correct understanding and the candidate can answer correctly and effectively.

And the interview should be a step that does not cause intimidation and lack of ethics on both sides, it is ideal that the candidate feels motivated to ask relevant questions to answer their doubts, and that the interviewer conducts the interview schedule in an effective way.

5 0
3 years ago
Mauro just won $1,000,000 from the lottery! despite his excitement in winning a tremendous amount of money, his brother (who is
stellarik [79]
The answer is B. $336,100.50
8 0
3 years ago
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For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 200 units, and the total annual inve
lilavasa [31]

Answer:

$2 per unit per year

Explanation:

The calculation of the inventory carrying cost per unit per year is shown below:

Inventory Carrying cost per unit per year is

= Total Annual Inventory cost ÷ Economic order quantity

= $400 ÷ 200 units  

= $2 per unit per year

It is computed By dividing the total annual inventory cost from the economic order quantity, in order to get the inventory carrying cost

Therefore, the first option is correct

3 0
4 years ago
Which of the following statements about price wars is true? Multiple Choice a. Firms that have to deal with the possibility of p
ira [324]

Answer:

The statement which is true about price war is A) firms that have to deal with the possibility of price often have sticky prices.

Explanation:

A price war can be defined as a situation where two or more firms compete with each other over the prices of goods and service by reducing their prices to earn profit or gain or maintain market share.

Sticky prices also called as price stickiness , it is a situation where prices of goods and services doesn't change quickly when there are shifts in demand and supply curve.

Statement A is true because firms that are engaged in wars have sticky prices because they don't want to change their prices more often or too low such that they start losing market share or incurring losses.

3 0
3 years ago
In moving along a given budget line:
melomori [17]

Answer:

The correct answer is option A.

Explanation:

A budget line shows the maximum possible bundles or combinations of two goods that can be purchased by completely exhausting the given income. All the points on the budget line show attainable and efficient bundles. The points below the budget line represent inefficient but attainable bundles. Those points that are above the line show unattainable bundles as they require higher income.  

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3 years ago
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