Answer:
$322,000
Explanation:
For computing the book value at the beginning of the third year first we have to determine the depreciation expense using the straight-line method which is shown below:
= (Original cost of equipment - expected salvage value) ÷ (estimated life)
= ($490,000 - $70,000) ÷ (5 years)
= ($20,000) ÷ (5 years)
= $84,000
In this method, the depreciation is same for all the remaining useful life
For two years, the accumulated depreciation is
= $84,000 × 2
= $168,000
So, the book value is
= $490,000 - $168,000
= $322,000
This is the answer but the same is not provided in the given options
Answer:
Throughout the clarification segment follows, the context of the concern is mentioned.
Explanation:
(a)
- There seem to be different divisions of every company, such as ordering, production management, engineering, finance as well as ordering management, and marketing. Previously, with each company maintaining their everyone else's collection of information, these same government agencies used to collaborate throughout silos, resulting in redundant systems but so much time and energy during peaceful coexistence.
- By facilitating cross-functional transfers, ERP packages support organizations. These bundles, for example, come up with all these financial, ordering, balance sheets, accounts receivables, fully organized cash equivalents for one another and, and therefore also companies no longer have to store different copies of records. The numerous divisions can navigate the purchasing order that is raised throughout the framework.
(b)
- The future effect including its company's introduction to the ERP system would make communication with suppliers healthier and more streamlined. To strengthen the distribution network, collaboration with vendors can enhance communication and exchange knowledge utilizing innovative software.
- For clients, this new ERP deployment framework will satisfy the existing domain's scalable specifications.
(c)
- If the organization wanted to stick in the new method that was being non-synchronous and unreliable through its service, the likely implications for the immediate future seem to be the corporation's defeat with loss. There was no standard program or software kit used by the new framework for the whole enterprise and the complete IT arrangement was then disintegrated.
- The void of misunderstanding might expand if the government continues this very same method, combined with a lack of improvement in order fulfillment and procurement of materials. The attorney general's office and accounting would not have been able to assemble the tremendous pricing information that would not operate the shop in a successful direction instead of always get knotted in tech problems.
(d)
- The organization's overall nature includes an optimized application suite to be adopted, which is standardized for the whole workplace. The entire organization should be trained by a similar arrangement running on a single platform. Software besides inventory control, accounting, business development, capital structure, but most project management should be included in this effort and compliance.
- Effectiveness cloud-based software could allow the management to configure the program according to its preferences and then use it for particular purposes without buying everything at once. This ERP implementation seems to be profitable for the organization in terms of the current culture and community, as well as for the organization's strategic accomplishment.
Answer:
commercial banks and thrift institutions
Explanation:
The Federal Deposit Insurance Corporation was established in 1933 and its sole aim is to ensure deposits. The deposits that are insured by the FDIC are from $250,000 and above deposits of various accounts (savings, checking, etc), certificates of deposits, etc.
Cheers.
Hello,
Here is your answer:
The proper answer to your question is "true". For example you can work at a fast food restaurant and all you need is your high school diploma but if you make your own restaurant you need a collage degree.
Your answer is true.
If you need anymore help feel free to ask me!
Hope this helps!
Answer:
Ending inventory= $119,000
Explanation:
Giving the following information:
Sales (net) $1,450,000
Estimated gross profit rate of 42%
Beginning merchandise inventory $100,000
Purchases (net) 860,000
Merchandise available for sale $960,000
Cost of goods sold= 1,450,000*0.58= 841,000
Ending inventory= 960,000 - 841,000= 119,000
