1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IceJOKER [234]
3 years ago
11

As part of the initial investment, Ray Blake contributes equipment that had originally cost $101,300 and on which accumulated de

preciation of $75,975 has been recorded. If similar equipment would cost $158,400 to replace and the partners agree on a valuation of $51,500 for the contributed equipment, what amount should be debited to the equipment account
Business
1 answer:
Mrrafil [7]3 years ago
4 0

Answer:

This is a repeat question on Brainly but here you go.

<h2><em>$51,500 </em></h2>

Whether original cost or replacing cost is given in the question but we considered that cost in which the partner give their consent

So, the equipment amount should be debited at <em>$51,500 </em> instead of the original cost or the replacing cost

You might be interested in
Independent surveys suggest that companies cannot easily quantify the effects of diversity. How would you suggest that Alliant m
nata0808 [166]

How would you suggest that Alliant measure the effects of a diverse workforce?

Different background and more diversity can contribute for new strategies and innovation for the company. The effects of diversity can be directly quantified after hiring more diverse people into a determined sector and by comparing the profits before and after hiring. In other words, the UX of a product made by a company mostly with individuals from a social group A cannot easily design a product which a group B can identify themselves.

For example, the design of a woman intimate personal care products made exclusively by man might originate products which aren't that good as designed products made by a diverse group man and woman.

If a company ignored workforce diversity, how might it be affected?

The company can stuck into a non-creative solution and/or stays in sector without innovation. A company without innovation might be fragile to the competition companies.

6 0
3 years ago
Read 2 more answers
g An investor wants to be able to buy 4% more goods and services in the future in order to induce her to invest today. During th
Hitman42 [59]

Answer: a. I, II and III are true

Explanation:

From the question, the statements that are true are:

I. 4% is the desired real rate of interest. II. 6% is the approximate nominal rate of interest required.

III. 2% is the expected inflation rate over the period.

4% is the desired real rate of interest because that's the rate at which the investor is willing to buy the goods in future.

2% is the expected inflation rate over the period because at that rate, there's expectation of future rise in price while 6% is the approximate nominal rate of interest required which is the addition of the 4% and the 2%.

7 0
3 years ago
HELP! 20 POINTS!!!
Bingel [31]

The answer is D.)She would likely have to pay more than $55 at the time of purchase for the convenience of using her credit card.

There are always fees for using any type of credit card. Interests or not, you pay fees for the government. Lynn can pay even more if she doesn't pay the balance by the end of the month. Every time she uses the credit card, her balance fees rises. By the time she gets enough money to pay of the balance, her balance will be much bigger.

Hope this helps!!!

Please Mark Brainliest!!!

8 0
3 years ago
Read 2 more answers
Adam Smith used the “invisible hand” as a metaphor for the forces that balance a free market. What might be a good metaphor for
7nadin3 [17]
In economics, the invisible hand<span> is a </span>metaphor used<span> by </span>Adam Smith<span> to describe ... Smith </span>may<span> have come up with the two meanings of the phrase from Richard Cantillon ... In this </span>work<span>, however, the idea of the </span>market<span> is not discussed, and the word ... In alternative models, </span>forces<span> which were nascent during Smith's life, such as ... and ....</span>
5 0
2 years ago
The standard materials cost to produce one unit of product m is 6 pounds of material at a standard price of $50 per pound. in ma
Musya8 [376]
Direct material cost variance = (Standard price - Actual Price) * Actual Quantity
= ($50 - $51) * 47,000
= $47,000 adverse
5 0
3 years ago
Other questions:
  • The marginal benefit curve is:
    14·1 answer
  • The smaller the required reserve ratio the larger the simple deposit multiplier. Do you agree or disagree with this statement. E
    13·1 answer
  • Digby's balance sheet has $85,185,000 in equity. Further, the company is expecting net income of 3,000,000 next year, and also e
    12·1 answer
  • Jefferson County bought a new backhoe using General Fund cash. When the asset was acquired, what was the appropriate entry that
    15·1 answer
  • If a healthcare employee feels they discriminated based on their disability, which organization would assist in enforcing the ap
    7·1 answer
  • Cho vay thương mại và cho vay tài chính khác nhau ở chổ nào?
    7·1 answer
  • Russell Inc. had sales of $2,210,000for the first quarter of 2017. In making the sales, the company incurred the following costs
    11·1 answer
  • The balance in the unearned fees account, before adjustment at the end of the year, is $14,530. Journalize the adjusting entry r
    12·1 answer
  • MARKING BRAINLIEST IF RIGHT! NO ABSURD ANSWERS!
    15·2 answers
  • A bond issued by the U.S. Treasury with a maturity of 90 days is sold on the
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!