Answer:
Depreciation expense = $4,400
Accumulated depreciation = $13,200
Explanation:
Depreciation: The depreciation is the amount which decreases the value of the asset. It can be by obsolescence, usage, tear and wear, etc.
The annual depreciation is given i.e. $4,400 which will be charged in depreciation expense whereas the accumulated depreciation would be equal to
= Annual Depreciation × useful life
= $4,400 × 3
= $13,200
Answer:
Option (D) $15,000
Explanation:
Data provided in the question:
Steel produced by Acme steels = 1,000 tons
Selling cost of steel = $30 per ton
Wages paid = $10,000
Market price of the coal bought = $15,000
Amount paid in taxes = $2,000
Now,
The contribution is made to the GDP when the goods is sold or purchased at market price.
Thus,
The transaction relating to the purchase of coal by Acme steels will contribute to GDP
Hence,
Acme steel co. contribution to the GDP = $15,000
Option (D) $15,000
Answer:
The result generated by the method change must be expressed within the income statement as an extraordinary result.
And within the statement of financial situation, a note must be included where the change of method is reported and what the valuation of the inventory would have been if the method had not been changed.
Answer:
The maximum capital budget that is consistent with maintaining the target capital structure is $785,714
Explanation:
The computation of the maximum capital budget is shown below:
= Net income × (debt percentage ÷ equity percentage)
= $550,000 × (30% ÷ 70%)
= $235,714
The net income would be equal to equity i.e $550,000 as it reflect the maximum amount
So, the total and maximum amount of the capital structure would be
= $550,000 + $235,714
= $785,714
The action that Beverly has to take first to be able to promote interprofessional communication would be Collection information about the situation.
<h3>What is interprofessional communication?</h3>
This is a term that has to do with the communication that takes place between the people that have similar occupation or profession.
It is when people in health are able to communicate within themselves, their patients and families in a more responsible way.
Read more on interprofessional communication here:
brainly.com/question/25709454
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