Answer:
$240,000
Explanation:
The computation of the gain to be recognized is shown below:
= Total Exchange value - net value
where,
Total exchange value equals to
= Fair value of equipment + cash received
= $480,000 + $120,000
=$600,000
And, the net value would be
= Estimated cost - accumulated depreciation
= $660,000 - $300,000
= $360,000
ow put these values to the above formula
So, the value would be equal to
= $600,000 - $360,000
= $240,000
First calculate the amount financed
Amount financed=725−50=675
The formula is
I=(2yc)/(m (n+1))
Solve for c to get
C=(I×m×(n+1))/2y
C=(0.14×675×(24+1))÷(2×12)=98.44
Total of payments=675+98.44=773.44
Monthly payment is
773.44÷24=32.23
Hope it helps!
Answer:
the replacement cost is $28,750
Explanation:
The computation of the replacement cost is shown below:
= Cost of the personal property × (1 + increased percentage)
= $25,000 × (1 + 0.15)
= $25,000 × 1.15
= $28,750
Hence, the replacement cost is $28,750
We simply applied the above formula so that the correct value of the replacement cost could come
Answer:
a body of laws and legal principles (kinda like ethics) within a governing body (federal and state agencies). Congress delegates these agencies to make sure they are doing what they are suppose to do, it can create new laws as long as these new laws protects the public interest.
Some of these agencies consist of Federal Trade Commission , Securities and Exchange Commissions, and Environmental Protection Agencies (independent but in direct control of the President).
The Administrative Procedure Act provides the rules and powers these agencies are allowed to act upon.
***hopefully that helps***
Explanation:
A new purchase requires a great deal of research and thought in a business-to-business relationship. c: