<u>Solution and Explanation:</u>
It will decrease because your "marginal" GPA will be below your cumulative GPA.
The reason behind this is that as long as the current semester GPA is lower than the previous cumulative GPA, than compared to the new cumulative GPA can never increase.
It is always significant to clear out the distinction between the marginal productivity and the cumulative productivity.
Thus the correct option from the given number of options in this question is E.
Answer:
Mercury Company
Sale of Equipment account:
Equipment $150,000
Acc. Depreciation 112,000
Book value $38,000
Cash received $38,000
Explanation:
a) Data and Calculations:
Equipment Account:
Beginning balance $750,000
Ending balance 600,000
Sale of equipment $150,000
Accumulated Depreciation - Equipment account:
Beginning balance $500,000
Depreciation expense 40,000
Ending balance 428,000
Sale of Equipment $112,000
b) The Cash received from the sale of Mercury Company's equipment is equal to the book value in Year 2 according to the question. Since the book value (value after accumulated depreciation) is $38,000, that means that the equipment was sold at $38,000 recording no profit or loss for the company on the sale.
The correct option is A.
Extractive industries are those industries that are involved in the extraction of raw materials from underneath the earth surface. It includes those industries that extract metals, minerals, crude oil, etc from the ground. This industry is the one responsible for mining the natural resources that are available in a country. Examples of extractive activities are mining, dredging, quarrying, gas and oil extraction.
Answer:
the right answer es true
Explanation:
If at the end of the month the sum of the debit column (expenses) is less than the sum of the credit column (income), that means that at that date the company is making a profit.