Answer:
Less; more; more.
Explanation:
Depreciation can be defined as a process in which the monetary or financial value with respect to an asset decrease or falls over time as a result of wear and tear.
This ultimately implies that, depreciation is a process which typically involves the general fall in the value of an asset such as currency, plant equipment or machinery etc over a specific period of time.
Basically, in a floating exchange rate system, a fall or decline in the value of a currency with respect to another currency is generally referred to as currency depreciation.
As the dollar price of a foreign currency (for example, dollars per yen) decreases, foreign goods will be less expensive, more foreign goods will be purchased, and more foreign currency will be demanded.
<em>Hence, if the currency of a foreign country is depreciating, this should stimulate import (more foreign goods will be purchased) because these foreign goods will become relatively less expensive as a result of a fall or decline in the currency and vice versa. </em>
Answer:
The correct option is C
Explanation:
Cold site is one of the kind of the location of the business, which is usually worn or used for the proceeding of disaster as a backup while in the disruptive operational in the normal site of the business.
In short, it is stated as an office for the sites which needed or required backup because it have the required equipment, which will resume or direct the operations. But there is problem that it does not happen always or regularly.
So, the one which is a cost site that is very low is the cold site as it does not support the requirements of the quicker recovery.
Answer:
1. Dr Equipment 36000
Cr Cash 9000
Cr Notes payable 27000
( To record entry of equipment purchase on cash and on promissory note)
Explanation:
Equipment = 36000
Paid in cash = 36000 /4 =9000 and balance 36000-9000=27000 to be signed promissory note.
Answer:
are achieved when a firm reduces its average cost of production as it produces more.
Explanation:
Economies of scale is reduction in the average cost as production increases due to the large size of the firm which makes it more efficient.
It is large firms that enjoy economies of scale.
Economies of scale can be achieved by buying supplies in large quantities. When firms buy in large quantities, they enjoy discounts which reduces their average cost. This is a form of internal economies of scale.
I hope my answer helps you.
Given:
Total cash = $160,000
Notes payable = $86,000
Common stock = $52,800
Find:
Retained earnings as on December 31, 2018
Computation for retained earning:
According to Accounting Equation:
Assets = Liabilities + Stock holder equity
Total Cash = Notes payable + Common stock + Retained earning
$160,000 = $86,000 + $52,800 + Retained earning
$160,000 = $138,800 + Retained earning
Retained earning = $160,000 - $138,800
Retained earning = $21,200