Loss on the transaction is $37,000
As per given data
Cost of Cages = $206,790
Accumulated depreciation = $186,111
Selling Price = $18,611.10
Sale price of Asset is compared with the net book value of that asset to calculate the gain or loss arising from the sale of asset.
Net book value is the net value of the cost of asset and the accumulated depreciation of that asset.
Net Book Value = Cost of Cages - Accumulated depreciation
Net Book Value = $225,000 - $170,000 = $55,000
Selling Price = $18,000
Loss on Sale of asset = $55,000 - 18,000 = $37,000
Therefore,
Loss on the transaction is $37,000
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Answer:The agency problem is a conflict of interest inherent in any relationship where one party is expected to act in another's best interests. In corporate finance, the agency problem usually refers to a conflict of interest between a company's management and the company's stockholders.
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Answer:
Explanation:
A manager should dress in a classic suit to give the impression of competence and authority. A dark colored suit--whether it is in the classic style of navy, black, dark gray or pinstripes--indicates that the wearer is important and demands respect.
Women can usually wear a skirt, dress, or pants, a blouse, and a jacket or cardigan, while men can wear dress trousers, a button-down shirt, a tie, and jacket. Keep your look professional right down to your feet. Wear a well-fitting and not-too-trendy pair of shoes in a neutral color.
8 Style Tips That Make You Look Like a True Professional
Commit to good hygiene and grooming. Good hygiene plays a role in being stylish. ...
Don't compromise on buying what fits. Make sure you wear clothes that fit well. ...
Splurge on a tailor. ...
Invest in dry cleaning. ...
Switch to V-neck undershirts. ...
Wear a watch. ...
Take care of your shoes. ...
Tie your tie correctly.
Answer: The ACT is a standardized test that measures a student's skills in five core areas: English, math, reading, science, and writing (optional). Students in grades 11 and 12 take the ACT so that they can submit their scores to colleges as part of the college application process. 75 questions in 45 min.