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Mariana [72]
3 years ago
12

A company sells a plant asset that originally cost $500000 for $225000 on December 31, 2017. The accumulated depreciation accoun

t had a balance of $200000 after the current year's depreciation of $50000 had been recorded. The company should recognize a
Business
1 answer:
Oxana [17]3 years ago
5 0

Answer and Explanation:

The computation is shown below:

Cost of Assets  $500,000

Less: Accumulated Depreciation -$200,000

Net book value as on 31st Dec 2017 $300,000

Less: Amount realized after sale of an asset -$225,000

Loss from sale of asset   $75,000

As the book value is $300,000 and the sale value of an asset is $225,000

so there is a loss of $75,000 from this given transaction

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Which of the following statements is correct? a. Gasoline taxes are an example of an EPA regulation. b. Gasoline taxes are highe
Arisa [49]

Answer:

Gasoline taxes are higher in many European countries than the United States.

Explanation:

The combined gas tax rate in the United States is a lot lower than the rates of most countries. The United States gasoline tax is quite low and its rate is even less than half of the next highest country which is Canada according to the Organization for Economic Cooperation and Development.

Gasoline taxes are not an example of Environmental Protection Agency EPA) regulations. The agency's mission is to guard human and environmental health by laws that promote individuals health and the environment. Also, gasoline taxes does not contribute to global warming and is not an example of command and control policy.

8 0
3 years ago
You have hired 10 new temporary workers who will be with the company for 3 months. how can you make sure that these users can on
stellarik [79]

You can make sure that the users can only log on during regular business hours by configuring account expiration in the user account.

The principle of least privilege (POLP) is an idea in computer security that limits users' access rights to only what is strictly required to do their jobs. Customers are granted permission to examine, write or execute only the documents or resources important to do their jobs.

The principle of least privilege is crucial because POLP protects structures by restricting the potential damage that may be caused by an unauthorized person getting access to a device. Improves consumer productiveness. only giving users required to get entry to finish their important tasks manner higher productiveness and less troubleshooting.

Whether at home or at a business, everybody has valuable equipment and belongings that need to be stored properly. Having access to manipulation in the region can ensure precisely that because it limits who has got admission to those assets, and restricts get entry to sure areas of a commercial enterprise or residence wherein valuables are stored.

Learn more about The principle of least privilege here brainly.com/question/27034248

#SPJ4

3 0
2 years ago
What are the different types of rigorous courses,and what type of credit do they award
Natasha2012 [34]

Dual credit and AP courses award high schoolers college level credits.

Advanced and Honors courses are more advanced than normal high school classes but still offer credit toward the high school diploma.

7 0
3 years ago
The CEO of a service company wants to change the strategy of the company from volume sales to high-quality products. Which philo
Mumz [18]

Answer:The CEO should implement

Deming's 14 points.

Explanation:

Deming's 14 points is a management practice that helps company improve their productivity and quantity.

Also, Deming contain 14 key principles for management for transforming business effectiveness.

8 0
3 years ago
What is the basic purpose of the consumer price index (CPI)? A. to track monthly changes in prices paid by urban consumers B. to
Elina [12.6K]

Answer:

A). to track monthly changes in prices paid by urban consumers.

Explanation:

CPI(Consumer Price Index) is characterized as 'a statistical estimate of the price level of goods and services bought by consumers for consumption purposes by the households.' It primarily aims to estimate the change or swap in the prices of the weighted average price of the common basket(consumption goods, as well as, services that the consumers pay for). It is calculated using the formula;

CPI_{t}  = \frac{C_{t} }{C_{0} } * 100

where,

CPI_{t} = current Consumer Price Index

C_{t} = Current price basket

C_{0} = Cost of price basket in the base year

It assists in deducing whether the average prices have received a fall or rise and determines inflation or deflation. Thus, <u>option A</u> is the correct answer.

6 0
3 years ago
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