Answer:
(a) DR Loss on disposal of asset $7,000 CR Land $7,000
A mixed economy is <span>a system mixing private and public enterprises.</span>
Answer:
The answer is: A) The addition of standing room only "seats" will generate more revenue than the cost of ensuring that these seats meet safety standards.
Explanation:
The only way Airline A can increase its profit is to implement new services that will generate higher revenue than their costs.
Airline A knows that its idea of creating standing room only seats will have to comply with FAA approved safety standards. The airline probably calculated the costs of complying with the FAA regulations and implementing the system is less than the possible revenue that new service can generate.
Answer:
Particulars Amount
Purchase price of equipment $79,400
Less: Depreciation expenses <u>$39,700</u>
Value of equipment <u>$39,700</u>
Particulars Amount
Sales price of equipment $31,200
Value of equipment <u>$39,700</u>
Section 1231 Ordinary loss -<u>$8,500</u>
Answer:
Business
Explanation:
The extensive use of data and quantitative analysis to support fact-based decision making within organizations.