Answer:
C. loss of 19,000
Explanation:
Old equipment cost = $215000 - $185000
= $30000
Loss = $30000 - $11000
= $19000 loss
Therefore, The amount of the gain or loss on this transaction is a loss of $19000.
Answer:
The cost outweigh the benifits by 3,700 dollars.
Explanation:
The benifits outweigh the cost if total benifits are more than total costs/spendings. Detail calculation to check the requirement of question is given below.
Spending
Software Cost $ 10,800
Employee Training $ 8,700
Hardware upgradation cost $ 12,300
Total spending $ 31,800 -A
Benifits
Inventory tracking system $ 28,100
Total Benifits $ 28,100 -B
Saving B-A ($ 3,700)
Answer:
The statement is true as well as correct
Explanation:
Agreement, under the terms of law is described as the mutual understanding or the meeting of the minds among two or more persons or parties regarding a reciprocal rights as well as duties in relation to the future performances.
And binding the agreement makes the enforceable contract to the parties, where they are bound to perform the duties. The agreement is usually evident when one party made an offer to another and the other party provide the acceptance to the same.
Answer:
$800,000
Explanation:
The reason is that the investment in Norm plc is an investment in associate and must be accounted for as an associate inaccordance with equity method. And equity method says that the income from such investments are the percentage share of equity shareholdings. So the share of Income reported as income from investment would be:
Income from investment = Net Income * percentage share = $2m * 40% = $0.8million
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Liberalism, in general, places a strong emphasis on individual rights. It aspires to a society that is characterized by individual freedom of thought, restrictions on power particularly that of the state and religion—the rule of law, the free exchange of ideas, a market economy that encourages comparatively unrestricted private enterprise, and an open political system that upholds the rights of all citizens.
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