Answer:
False.
Explanation:
China became a member of the World Trade Organization (WTO) in December 11, 2001.
<span>If the figure of 1.5 represents the debt ratio of the firm then it can be inferred that the liabilities of the firm greatly exceed current assets. Without further information as to the values of Computronics, inc. current assets and liabilities the price at which the firm can sell its assets cannot be computed. However it can be stated that the firm must sell current assets at a premium of 50% of the value of the assets in order to recoup the debt of its current liabilities.</span>
After a car is purchased at $43000 and looses 25% worth every year then the car will be worth $9200 or less after four(4) years.
What does Purchase mean?
Purchase is a term used to refer to the acquisition of goods or services in exchange for money. It is a common business transaction and can involve buying something outright or entering into an agreement to pay for it over time.
What does Services mean?
Services is a broad term that refers to any type of work or activity performed to meet the needs of a customer. Services can range from professional services like accounting or consulting to tangible products like food or clothing. Services are typically intangible in the sense that they cannot be touched, felt, or seen, but the benefits they provide are very real.
As per the price of the car which is $43,000 and it looses 25% each year which is $10750. From this we come to know that the car will be worth of $9200 or less within 4 years.
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Answer: $2,410,000
Explanation:
Date: March 1st
Expenditure: $2,052,000
Capitalization period: 10/12 months
Weighted Average Accumulated Expenditure: $1,710,000
Date: June 1st
Expenditure: $1,200,000
Capitalization period: 7/12 months
Weighted Average Accumulated Expenditure: $700,000
Date: December 31st
Expenditure: $3,072,650
Capitalization period: 0
Weighted Average Accumulated Expenditure: $0
The Weighted Average Accumulated Expenditure will now be:
= $1,710,000 + $700,000 + $0
= $2,410,000
Note that Weighted Average Accumulated Expenditure for each date was gotten as:
= Expenditure × Capitalization period