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Dima020 [189]
3 years ago
13

What does it mean to have liability for a company?

Business
1 answer:
guapka [62]3 years ago
3 0
Letter “ D “ is the answer
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Shamrock Corporation traded a used truck (cost $28,000, accumulated depreciation $25,200) for a small computer with a fair value
jenyasd209 [6]

Explanation:

The journal entry to record the exchange who contains the commercial substance is shown below:

Computer A/c Dr $4,620

Accumulated depreciation - Truck Dr $25,200

           To Truck $28,000

           To Cash $700

           To Gain on sale of truck $1,120

(Being the exchange is recorded)

The gain or disposal on sale of truck is the remaining balance left so that the debit and credit balance get equaled

5 0
3 years ago
If Huy Fong were to introduce a new milder version of its renowned Sriracha hot chili sauce to satisfy customers who think the c
Bess [88]

Answer:

a. product differentiation

Explanation:

Product differentiation is the process whereby a product or service is distinguished from others. This is to make it more attractive to a particular segment of the market which is quite different from the general market.

For Huy Fong trying to introducing a new milder version of its renowned Sriracha hot chili, it would represent product differentiation.

8 0
3 years ago
a) Sixteen years ago your parents opened a saving account in your name and made a lump sum deposit, today the balance of this ac
Sonbull [250]

Answer:

$102,348.034

Explanation:

It is a simple problem of Compound Interest, we have to find the Principle amount invested.

Given:

Future value (F) = $260,000

Rate(R) = 6% = 6/100 = 0.06

Number of years (n) = 16 years

Initial deposit (C) = ?

Calculation:

Future value (F) = C\times (1+R)^n\\Future value (F) = C (1+0.06)^{16}\\260,000 = C(2.54035168)

$260,000/2.54035168 = C

$102,348.034 = C

So, Initial cash Deposit = $102,348.034

8 0
3 years ago
Will and Lyndsey are married with no dependents and file a joint tax return. In 2019, they paid $3,000 in qualified student loan
Maurinko [17]

Answer:

The FROM AGI deductions for year 2019 are $24,400.

Explanation:

FROM AGI deduction for a year are the maximum of the following two items

  • itemized deductions
  • standardized  deductions

Here itemized deduction is given as $22,550 where as value of standardized deduction is $24,400 (for 2019)

Thus as the maximum of two is valid thus the FROM AGI deductions for year 2019 are $24,400.

3 0
4 years ago
ErgoWorld Inc. manufactures office furniture. The company is considering adopting a modular production system. A modular system
kari74 [83]

Answer: D. customers have heterogeneous demands which are expected to be met in a cost-effective way.

Explanation:

The options are:

A. most customers are likely to agree on a single product configuration.

B. customers prefer to upgrade their products by replacing their entire system.

C. customers are willing to pay a premium price for extreme customization and personalization.

D. customers have heterogeneous demands which are expected to be met in a cost-effective way.

Modular production system refers to a production system whereby the workers set their own standards and then work together for production purpose.

Based on the scenario given, a modular system would offer greater value to ErgoWorld when the customers have heterogeneous demands that are expected to be met in a cost-effective way.

5 0
3 years ago
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