Answer:
Gain from the sale of this machine = $54
Explanation:
Sales price for the equipment = $497
Carrying amount of the equipment = $443
Lease term = 1 year
Estimated remaining useful life = 10 years
This is a type of Sale and lease back transaction. It is not a capital lease as the lease term (1 year) is not for the major period of remaining useful life (10 years) of equipment. No consideration will be given to annual lease payment and all the gain will be recognized immediately without deferment.
Gain from the sale of this machine = Sales price for the equipment - Carrying amount of the equipment
= $497 - $443
= $54.
This is an example of increased segmentation in the market with more niche products.
Answer:
B
Explanation:
when debts are sent to collection agencies they start to accrue interest which can quickly make an unsolved debt $100's very quickly
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: Operations manager.
Explanation:
In the Steel Corporation, Greg is performing the duty of the Operations Manager, the task of the operations manager is to supervise the process of conversion of raw materials into finished products that can be sold in a production company. The operations manager supervises all the activities of production to ensure everything done as safe and effective as possible.