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Assoli18 [71]
3 years ago
6

Wolf Computer exchanged a machine with a book value of $40,000 and a fair value of $45,000 for a very similar machine. In additi

on, Wolf paid $6,000 as part of the exchange. Wolf should recognize:
Business
1 answer:
fgiga [73]3 years ago
6 0

Answer:

gain of $5,000

Explanation:

Wolf's gain = fair market value - book value = $45,000 - $40,000 = $5,000

a company must determine the gain or loss of an exchange transaction using the asset's book value and comparing it against its fair market value. If the FMV is higher than the book value, the company will recognize a gain. If the FMV is lower than the book value, then the company will recognize a loss.

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For banks, online transactions are an inexpensive alternative to branch banking. Transaction costs are about ________ per online
MaRussiya [10]

Answer:

The corrects answers that fills the gaps are: 2 cents; $1,07.

Explanation:

Electronic payment methods are a payment system that facilitates the acceptance of payments to carry out transactions without having to use cash. The development of financial systems and advances in information technology have allowed the emergence of these new means of payment, which are increasingly used worldwide.

Among the main electronic means of payment can be mentioned: debit cards, credit cards, mobile wallet and internet transactions - electronic banking.

The advantages:

- They are safer than the use of cash.

- They allow paying for goods or services in an immediate or faster way.

- They allow easy control over the operations and expenses incurred.

- They can be used to make purchases online.

- In some cases, they help build a credit history.

- They allow access to financial products and services.

4 0
3 years ago
Jake just got a big promotion at work and wants to buy a new jaguar.​ however, he lives in northeast​ indiana, and the nearest j
yulyashka [42]
The answer is exclusive distribution. This is exclusive when just certain retailers are given the alternative of conveying an item in its store. In this way, it is an understanding between a provider and a retailer giving the retailer elite rights inside a particular land region to convey the provider's item.
8 0
3 years ago
A firm is practicing __ if it is able to make a profit without depleting any of its resources, including employees, natural reso
iris [78.8K]

A firm is practicing sustainability if it is able to make a profit without depleting any of its resources, including employees, natural resources, and the support of the surrounding community.

The main objective of sustainability is for people to live in peace and harmony on Earth for an extended period of time.

Since it is difficult to come to a consensus on specific definitions of sustainability, they change over time and in the literature.

This idea can be applied to inform choices made at the international, governmental, and personal levels.

The environmental implications of sustainability are frequently highlighted in the common usage of the term.

Since about 2000, climate change, biodiversity loss, ecosystem services loss, land degradation, and air and water pollution have been the most significant environmental challenges.

At this point, humanity has crossed multiple "planetary limits".Sustainable development is a topic that is related.

Learn more about sustainability here

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8 0
2 years ago
When you first started your new business, you were so excited about the large volume of orders you had. One year later, you find
ioda
I would suggest it would most likely to be either A or B or both, however if I had to pick one I would go for A.

A - The question suggests you may have been putting more effort and <span>enthusiasm</span> into sales of the products for your new business "<span>you were so excited about the large volume of orders you had" which may mean after your first year of business you may have started to slack of or get complacent with putting you business out there marketing wise, also when launching a product for the first time people are interested in the new and latest thing (such as a new business) after a while people start to forget unless you have marketing and advertising to remind them.
</span>
B - If the product you offer is unique and you were the first business to sale this / these items then after a year it is possible other competitors have started to copy you however this would completely depend on the products you sale.

C - Given you already had large orders in the first year people are happy to pay for the products you offer so this would exclude C.

D - If you have already had many orders in the first year people obviously want the products you sale even if you only sale 1 or 2 things so unlikely to be D.


8 0
3 years ago
Jackie has been reading about international trade and that one nation has the ability to produce a specific product more efficie
ludmilkaskok [199]

Answer: (A) Cooperative advantage

Explanation:

  A cooperative advantage is the term which is used by an organization for providing the various types of benefits and advantages to all the employees in the company and it also helps in achieving the specific goal in an organization.

 The main objective of the cooperative advantage is to providing the various types of economical benefit in an organization.  

According to the given question, Allie is basically using the cooperative advantage over Jackie for the process of making the power point presentation about the international trade and so that by using the presentation method they can easily convey their opinions and message to the audience.  

 Therefore, Option (A) is correct answer.

6 0
3 years ago
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