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Luden [163]
3 years ago
9

A machine cost $1,200,000, has annual depreciation of $200,000, and has accumulated depreciation of $950,000 on December 31, 202

0. On April 1, 2021, when the machine has a fair value of $275,000, it is exchanged for a machine with a fair value of $1,350,000 and the proper amount of cash is paid. The exchange had commercial substance. The gain to be recorded on the exchange is
Business
1 answer:
Andrew [12]3 years ago
7 0

Answer: $1,350,000

Explanation:

If an exchange is said to have commercial substance, it means that the company will either record the asset received at its fair value and if this is not available, it will then record the value of the asset received at the fair value of the assets that were exchanged for it.

The fair value of the assets acquired are available in this instance so the machine will be recorded at its fair value of $1,350,000.

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Although generous disability insurance can help those who have been permanently injured, it can also increase the likelihood tha
emmasim [6.3K]

Answer:

B, Indirect incentive

Explanation:

An incentive is anything that motivates an individual to behave in a certain way. An incentive could range from money to many other things and it is the reason why an individual acts in a certain way.

For example, salary and bonuses are incentives for workers. This makes the worker work better and harder and more efficiently because he/she knows that there is something to encourage him for doing his/her work diligently.

Incentive can be direct or indirect as in the case of the above question.

In the case of the above question, a generous disability insurance can motivate workers to falsely claim to be disabled. This means that the financial implication of the insurance package for disability is most likely the only reason for workers to claim false disability.

Cheers.

4 0
3 years ago
NewDigger Inc. makes backhoes for digging ditches and trenches. It has developed an environmental-friendly liquid that, when pou
Vinvika [58]

Answer: breakthrough                    

Explanation: In simple words, breakthrough project refers to a project which results or has a potential to result as a sudden and huge development for the organisation.

In the given case, the new chemical product by the organisation is a new invention and can ease the job of the field workers.

Hence it can prove as a breakthrough for new digger.

5 0
3 years ago
Describe the slope of the demand curve? How does the slope reflect the law of demand?
AnnZ [28]

Answer:

<u></u>

  • <u>1. The slope is negative</u>
  • <u>2. The demand decreases when the prices increase.</u>

Explanation:

<em>Describe the slope of the demand curve?</em>

<em>The slope of the demand curve</em> is negative.

The demand curve is graphed on a coordinate plane with the price in the horizontal axis (typically the x-axis) and the demand on the vertical axis (y-axis).

Thus, the slope will be the rate of change of the demand over the change on the price.

Mathematically:

           slope=\dfrac{\text{change in demand}}{\text{change in price}}

Since, as you move from left to right, on the x-axis, the prices increase, and the demand (on the y-axis) lowers, the change in demand is negative and the change in the prices is positive, resulting in a negative slope.

This is seen graphycally because the demand curve is decreasing (downward-sloping).

<em>How does the slope reflect the law of demand?</em>

The slope reflects perfectly <em>the law of demand</em> because the law of demand states that, since the resources are scarce, when the prices incrases the quantities demanded decrease.

8 0
3 years ago
Which of the following is not a benefit of networking
Marysya12 [62]

Answer:

B. Registering for college courses earlier

Explanation:

Here are the options  

A. Meeting potential employers  

B. Registering for college courses earlier

C. Building relationships

D. Learning how to socialize professionally

Networking can be described as when people with similar interests come together to exchange ideas. The exchange of ideas usually takes place in an informal setting.

With the advent of technology, networking can take place on social media.

Networking has several advantages :

  • It connects the unemployed with recruiters
  • It facilities the exchange of ideas and knowledge
  • It is a great way to meet people and exchange ideas
3 0
3 years ago
Read 2 more answers
Which of the following institutional structures promote and sustain modern economic growth? Multiple select question. Patents an
Law Incorporation [45]

Answer:

47

Explanation:

40?

6 0
2 years ago
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