Merchandise 7X, the "secret ingredient" or "secret formula" in Coca-Cola. The ingredient has remained a secret since its invention in 1886 by John Pemberton.
Answer:
The correct answer is $800 loss.
Explanation:
According to the scenario, the given data are as follows:
Purchased Amount = $18,000
Accumulated depreciation = $17,200
So, we can calculate the book value by using following formula:
Book value = Purchased Amount - Accumulated depreciation
By putting the value in the formula, we get
$18,000 - $17,200 = $800
So, if company discarded the computer system, Then
Book value of computer system = Loss to the company
Hence, Company Loss = $800
Answer: $8500
Explanation:
The total administrative expense allocated to the Meats department will be calculated thus:
= (Total administrative expense/Total Sales in square Feet) × Meat Department sales in Square Feet
= (17000/3200) × 1600
= $8500
The total administrative expense allocated to the Meats department is $8500.
Answer:
NRV before writing-off = $191500
NRV after writing off = $198800
Explanation:
Lets first understand what net realizable value is. Net realizable value is the remaining/realizable value of an asset after having subtracted selling or completion costs. In case of receivables, the net realizable value would be the residual value of receivables expected to be received after subtracting any allowances for doubtful debts or un-collectible accounts such as bad-debt (i.e receivables unable to be collected).
NRV before writing-off = $200000 - $8500
NRV before writing-off = $191500
Now lets calculate NRV after a receivable has been declared as uncollectible.
Since $8500 was just an allowance/estimate and now that actual amount of bad-debt has been discovered, we have to inrease our receivables by the difference of the allowance and bad-debt and that would be the NRV after writing off. I.e $8500 - $1200 =$7300.
NRV after writing off = $191500+ $7300
NRV after writing off = $198800.
This is just like subtracting $1200 from $200000.
<span>A: two-thirds
Windows app developers explained that they found two-thirds of the sessions did not have any editing done to them. This is why they made some of the updates they made in creating the new Word that focused on helping when people were reading content and not just creating it.</span>
