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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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The career you pick in middle or high school is the one you will stick with your whole life.
frez [133]

Answer: B. False

Explanation: If you chose a specific career and go for it until the end of high school you’ll probably have more knowledge in it but you can change your career by doing different curriculums during college or in the summer.

8 0
2 years ago
Read 2 more answers
In March, stockholders of Herbalife Nutrition approved a 3-for-2 stock split. After the split, how many shares of Herbalife stoc
Anna11 [10]

Answer:

600 shares

Explanation:

If a 3-for-2 stock split will take place, for every 2 stocks that an investor has, he will receive three stocks. So this specific investors who owns 400 stocks will receive:

(400 / 2) x 3 = 200 x 3 = 600 stocks.

After the 3-for-2 stock split, the company will have 50% more stocks outstanding and the price of each stock should be reduced by one third. So the investor shouldn't earn any profit from this split since the market value of the investment should remain about the same (stock prices change daily whether the split takes place or not).  

4 0
4 years ago
Assume that the number of hosts connected to the Internet at year 2010 is five hundred million. If the number of hosts increases
daser333 [38]

Answer:

3096 million is the number of hosts in year 2020.

Explanation:

The number of hosts connected to the Internet at year 2010 ,P= 500 million

If the number of hosts increases only 20 percent per year.

Rate at which host increasing per year = 20% =0.20

Number of times host increased per time period(here in per year) = n = 1

The number of hosts connected to the Internet at year 2020 = P'

Duration of time = 2020 year - 2010 year = 10 years

P'=P(1+\frac{R}{n})^{nT}

P'=500 million(1+\frac{0.20}{1})^{1\times 10}

P' = 3095.87 million ≈ 3096 million

3096 million is the number of hosts in year 2020.

8 0
4 years ago
A(n) _____ is the visual representation of a company's structure. a. division of labor chart b. organization chart c. work speci
grin007 [14]

Answer:

B. Organization chart

Explanation:

An organization chart shows or gives a graphical/visual representation of the organization's or company's structure. Its shows the interrelationship between various units in the organization or company. It conveys the organization's internal structure by specifying roles, responsibilities by position and relationships between individuals in the organization or company. They are also called organogram or organigram.

5 0
3 years ago
Read 2 more answers
Which of the following is perhaps the main advantage associated with the use of advertising?
BaLLatris [955]

Answer:

C) It is an extremely cost efficient way to reach a large number of people.

Explanation:

Advertising refers to a marketing strategy in which the company able to promote its goods and services in a various ways like in television, social media, print media, etc so that it could create awareness among the people

According to the given options, the option C is correct as it derives the actual meaning and motive of advertising that it is cost efficient plus it also reaches to a large number of people.

hence, the correct option is c.

4 0
3 years ago
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