Answer:
$38,000 loss
Explanation:
For calculation of entry to record the sale of the tractor first we need to determine the total depreciation and net book value on Jan 1, 2018 which is shown below:-
Total depreciation = (Tractor cost - Salvage value) × (Hours in 2016 + Hours in 2017) ÷ Hours of operation
= ($180,000 - $20,000) × (2,400 + 2,100) ÷ 10,000
= $72,000
Net book value on January 1, 2018 = Tractor cost - Total depreciation
= $180,000 - $72,000
= $108,000
Loss on sale = Sold tractor amount - Net book value on January 1, 2018
= $70,000 - $108,000
= $38,000
Answer:
All go to Sweden.
Explanation:
The two countries Germany and Sweden both can produce furniture and steel. Germany can produce one unit of steel or furniture in 12 days while Sweden can make one unit of steel in 15 days and one unit of furniture in 10 days. Germany has no advantage from the trade since it can produce both the goods in same time. Therefore all of the trade gain would belong to Sweden.
Answer:
Safety signs and symbols are important safety communicating tools, they help to indicate various hazards that present in plant site or workplace. At the same time, they warn workers to always keep watching out for those hazards by giving required information and safety instructions.
Explanation:
hope this helps you
Answer:
Answer is option D, i.e. Information on credit worthiness.
Explanation:
When any organization enters into a contract with an applicant, it often asks for recommendations before awarding that contract to the applicant. This recommendations is asked to assess about the skills, the abilities that the applicant possess, the integrity and the character of the applicant. This is to assess that whether the applicant is fit and worthy enough to be awarded the contract. Thus, credit worthiness is not accounted for while going through the recommendations. Therefore, the answer is option D.
Answer:
It will increase by 50%
Explanation:
Equity is given as: credit - short market value.
Find attached below table of solution
