Answer:
$198,000
Explanation:
Following amount of property tax revenues should the city report in the government-wide financial statements for the current fiscal year
During the year collection = $170,000
During the first two months of the following year = $25,000
Prior year taxes = $3,000
Total = $170,000 + $25,000 + $3,000 = $198,000
It shows that the owner acknowledges the financial risks and is willing to pay every month to transfer the risk to an insurance company.
Answer:
(i) and (iv)
Explanation:
The appreciable cost is the cost in which the assets can be depreciation over the useful life
And, the appreciable cost is come after deducting the salvage value from the acquisition cost
The formula to compute the depreciation expense using the straight-line method is shown below:
= (Original cost - salvage value) ÷ (useful life)
So it can be calculated after considering the first and four options
Answer:
b. $10,000 and $25,000
Explanation:
For computing the the book value of an asset
, first we have to determine the depreciation expense which is shown below"
So, under the straight-line method, the depreciation expense would be
= (Original cost - residual value) ÷ (useful life)
= ($45,000 - $5,000) ÷ (4 years)
= ($40,000) ÷ (4 years)
= $10,000
For two years, the depreciation would be
= $10,000 × 2 years
= $20,000
In this method, the depreciation is same for all the remaining useful life
Now the book value would be
= Acquired value of an asset - accumulated depreciation
= $45,000 - $20,000
= $25,000
Assume you are a concert and pop-up event promoter; the best measurement method would be audience analysis.
A promoter is a marketing professional who is in charge of demonstrating a product's features to an audience or client. The promoter demonstrates how the product works, answers questions, and attempts to persuade customers or clients to purchase the product.
A corporate promoter is a company or individual who does the preliminary work associated with the formation of a company, such as its promotion, incorporation, and flotation, and solicits people to invest money in the company, typically when it is in the process of being formed.
To know more about promoters, click here.
brainly.com/question/16067527
#SPJ4
