Answer:
C. An ordinary gain of $2,000
Explanation:
Let's begin by listing out the given parameters:
Original Cost (C) = $10,000, Depreciation (D) = $3,000,
Sale Price (S) = $9,000
Worth of Vehicle (W) = Original Cost - Depreciation
W = C - D = $ (10,000 - 3,000)
W = $<u>7,000</u>
Net Worth (N) = Sale Price - Worth of Vehicle
N = S - W = $ (9,000 - 7,000)
N = $<u>2,000</u>
<u>Hence, Ms Smith made an ordinary profit of $2,000</u>
Answer:
Among the other programs funded by the EOA were the Neighborhood Youth Corps, which provided training and jobs for young people (age 16–21) from impoverished families, work-study programs, and community action programs. The act also provided loans to small businesses and farmers.
The annual depreciation costs at that facility will rise by 10% or $1,440,000.
<h3>Annual depreciation costs</h3>
Life of the equipment = 10 Years
Salvage value = 0
Annual Depreciation= (Cost of equipment - Estimated salvage value) / Estimated useful life
Annual Depreciation= ($14.4 million- 0) / 10
Annual Depreciation= $1,440,000
or
Annual Depreciation= $1,440,000/$14,400,000 ×100
Annual Depreciation= 10%
Inconclusion the annual depreciation costs at that facility will rise by 10% or $1,440,000.
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C. A podcast is a prerecorded usually audio about someone discussing a subject.
Toxic Waste Management, Inc. is the suggested replacement name.
<h3>What does a company name suggests?</h3>
Similar to the caliber of a company's services and goods, the name of the business is a crucial component of its image. Because a name change is frequently linked to better performance, it consequently has a positive effect on share prices.
It demonstrates that additional measures, such as organizational and operational changes that would be seriously and successfully implemented, have been put in place to enhance company performance. Even though the company's operations might not be significantly affected by the name change, investors might see it as a positive sign if it indicates a change for the better in the company's overall strategy.
Therefore, Toxic Waste Management, Inc. is the suggested replacement name.
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