Answer:
$20,000 ordinary gain
Explanation:
Data provided in the question:
Cash proceeds from Selling of the equipment = $50,000
Purchasing cost of the equipment = $60,000
Depreciation expense = $30,000
Now,
The book value of the equipment
= Purchasing cost of the equipment - Depreciation expense
= $60,000 - $30,000
= $30,000
Since,
the amount of proceeds from sales is higher than the book value of the equipment
Therefore a gain will be recognized
The amount of Gain = proceeds from Selling - book value
= $50,000 - $30,000
= $20,000
Hence,
$20,000 ordinary gain
Answer:
45.83%
Explanation:
The Gross Margin Ratio is a profitability ratio . It compares the gross margin of a business to its net revenue.
The formula for calculating gross profit ratio is
Gross Profit Margin ration = Net Sales− COGS
Net Sales
COGS is the cost of goods sold.
For Megascape board
Net sales= $2.4 million,
COGS =$1.3 million,
gross profit margin ratio = $2.4 - $1.3
$2.4
=$1.1/$2.4 x 100
=45.83%
Answer:
C. The role of the needs assessment is to determine if training is the appropriate solution
Explanation:
Answer:
b) Initiator
Explanation:
As Martha owns a chocolate factory where each chocolate treat is made by hand. Her assistant Daniel feels that the rate of production can be dramatically increased if the company switched to an automated assembly line to manufacture the chocolates. When he proposes this idea to Martha, she agrees and begins evaluating different vendors who might provide the equipment to the company. Daniel has performed the role of initiator in this purchasing process. In purchasing process, there are many people involved:
Initiator - Influencer - Decider - Buyer - User
Initiator starts the idea, presents the idea of buying something which then is influenced and enhanced by the influencer, and then actual decider decides the buying product and is being bought then and further used by someone. These all persons can be the same person and or either one single person can perform all of these roles but here in this case Daniel has performed the role of initiator as he has given the advise of automation to Martha.