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ivann1987 [24]
3 years ago
6

Which of the following relationships between book value and cash received at sale results in a loss on the sale of a long-term d

epreciable asset?
a. Book value is greater than cash received.
b. The determination of a gain or loss does not involve the book value.
c. Book value is less than cash received.
d. Book value is equal to cash received.
Business
1 answer:
creativ13 [48]3 years ago
8 0

Answer:

a. Book value is greater than cash received.

Explanation:

Book value of an asset is the cost of an asset less accumulated depreciation

Cash received is the price the asset is sold for.

If the asset is sold for less than its book value, it is sold at a loss

If an asset is sold for more than its book value, it is sold at a gain

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Which of the following is a normative economic statement? The poverty rate hit a new high last year and income distribution also
gizmo_the_mogwai [7]

Answer:

The government needs to revamp the Social Security program to make it sustainable.

Explanation:

A normative economic statement is always a suggestion for the economy, whereas a descriptive economic statement is a statement providing information, as it states the facts and do not provide any suggestion.

Here, in given instance the statement,

Government needs to improve or form the Social Security Program, so that the program is sustainable, is a suggestion and not a fact.

Thus, it is a normative economic statement.

5 0
4 years ago
Suppose a competitive firm has​ cost, C​ = ​(0.002q3​) ​+ (22q)​ + 750, marginal​ cost, MC​ = 0.006q2​ + 22, and​ revenue, R​ =
aniked [119]

Answer:

 Options B and C are correct.

  • Marginal profit is negative.
  • Profit is positive.

Explanation:

At q = 150

R = 80q = 80(150) = 12,000

C = 0.002(150)3 + 22(150) + 750 = 6750 + 3300 + 750 = 10,800

R > C so first is incorrect.

MR = 80

MC = 0.006(150 x 150) + 22 = 135 + 22 = 157

MC > MR so B is correct.

Profit = TR - TC = 80(150) - 0.002(150)3 - 22(150) - 750 = 12000 - 10800 = 1200

Profit is positive.

Marginal profit = MR - MC = 80 - 157 = - 77

MR is Negative

3 0
3 years ago
You are told that standing up during the Cowboys football game will give you a better view of the field. However, if everyone st
Mars2501 [29]

Answer:

I think the answer is e. Because you the variable that if everyone stands up you cant see is omitted.

6 0
3 years ago
Which of the following is a capital budgeting technique that converts a project's cash flows using a more consistent reinvestmen
yulyashka [42]

Answer:

c. modified internal rate of return

Explanation:

Modified internal rate of return ( MIRR ) -

The modified internal rate of return is used in order to rank the projects or the investment that are of unequal size.

The assumption involved is that the positive flow of cash are again invested to the firm and the initial outlays are financed during the firm's financing cost , is referred to as the MIRR.

MIRR is very accurate in comparison to the traditional internal rate of return (IRR) and gives the profit and cost of the project with more accuracy.

Hence , from the given information of the question,

The correct option is c. modified internal rate of return .

4 0
3 years ago
What should the west be doing to keep healthy economies? what are their options?
Korolek [52]

Answer:

The west should pursue policies that encourage economic growth and stability. Their options include:

1. Pursuing sound monetary policies that promote economic growth and stability.

2. Adopting pro-growth fiscal policies that help to increase government revenue and reduce government spending.

3. Promoting free trade and investment that allow for the efficient allocation of resources and the maximization of economic growth.

4. Pursuing policies that increase the flexibility of their economies and allow for a quick response to changing economic conditions.

5. Encouraging entrepreneurship and innovation that lead to new products and services and create jobs and economic growth.

4 0
1 year ago
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