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Ber [7]
3 years ago
15

Robertson Inc. prepares its financial statements according to International Financial Reporting Standards (IFRS). At the end of

its 2021 fiscal year, the company chooses to revalue its equipment. The equipment cost $540,000, had accumulated depreciation of $240,000 at the end of the year after recording annual depreciation, and had a fair value of $330,000. After the revaluation, the accumulated depreciation account will have a balance of:
Business
1 answer:
qwelly [4]3 years ago
8 0

Answer:

$264,000

Explanation:

Calculation to determine what the accumulated depreciation account will have a balance of:

$240,000 x ($330,000/300,000) = $264,000

Therefore , the accumulated depreciation account will have a balance of:$264,000

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Locus Company has total fixed costs of $117,500. Its product sells for $53 per unit and variable costs amount to $43 per unit. N
Sholpan [36]

Answer:

12,925 units

Explanation:

Given,

Fixed expense = $117,500

If pretax income is 10% of fixed cost, the expected net operating income = $117,500 × 10% = $11,750.

Contribution margin per unit = $53 - $43 = $10.

We know,

Expected sales (units) = (Fixed expense + Target profit) ÷ Contribution Margin per unit

Expected sales (units) = ($117,500 + $11,750) ÷ $10

Expected sales (units) = $129,250 ÷ $10

Expected sales (units) = 12,925 units

As there is no information related to the next year, we will use current year information to find expected sales volume.

3 0
3 years ago
A(n) ________ is a private nonprofit financial institution that will make small loans to its members for the purpose of starting
lana [24]
Sounds like a credit union.
7 0
4 years ago
Why are sweatshops unethical
Brilliant_brown [7]
Because very young children in poor areas of the world will be making clothes for the company to improve their profit whilst the children making them get paid close to nothing
7 0
3 years ago
Layout analysis at arnold palmer hospital resulted in recognizing that the nursing staff spent ______ of their time just walking
adoni [48]

Layout analysis at Arnold Palmer Hospital resulted in recognizing that the nursing team spent​ 30 to 40%.of their time just strolling.

<h3>What is a plan for statistical analysis?</h3>

A statistical analysis plan, 'SAP' for short, describes how the quantitative or qualitative data that you will contain will be statistically handled. You may add it as a complement to your protocol.

<h3>What is the purpose of data analysis?</h3>

The chief purpose of data analytics is to apply statistical research and technologies to data to find directions and solve problems. Data analytics has evolved increasingly important in the enterprise as a means for analyzing and shaping firm  processes and improving decision-making and company results.

To learn more about statistical analysis visit the link

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4 0
2 years ago
Consider the following scenario:
Helen [10]

Answer: 1. Charities

2. Government action the only viable solution

Explanation:

Externalities are the resultant additional effects that are experienced by others as a result of actions by an economic agent who does not bear the extra aformentioned cost or benefit that their actions bring about.

1. Private Solutions to Externalities include any solution independent of the government.

The above Private Solution is Charities because it was a Non-profit Environmental Organization that dealt with the lobbying for the reduction to be acted upon by state agents. These types of organisations are usually Charities.

2. If it is shown that the potential gains are viewed to be quite high as in this case then negotiating with the polluters might not work. In this case Government Intervention is needed to force the polluters to adhere to rules and regulations.

8 0
4 years ago
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