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2 years ago

The study of economics is primarily concerned with:

Business

1 answer:

IgorC [24]2 years ago

5 0

Choices/ The way goods and services are produced and provided to consumers, and to used by them.

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Change from the fair value method to the equity method Assume an investor company acquires for $256,000 an 8% investment in the

matrenka [14]

Answer:

Date Account title and explanation Debit Credit

March 1 Equity investment $32,000

($612,000/17%)*8% - $256,000)

Unrealized holding gain $32,000

(To adjust the value of equity investment)

Note: On 1 march, value of the investment value is increased which is unrealized based on 31 December fair value

6 0

3 years ago

Jessica is a U.S. Army Reservist and in 2019 traveled 130 miles each way to serve duty at a local military installation. She was

faust18 [17]

Answer:

Jessica's for AGI deduction for these costs is:

b. $14.00.

Explanation:

The aggregate gross income (AGI) can be defined as the total amount of income that an individual earns and is used in calculating the amount of income tax that an individual is liable to pay. The AGI can be expressed as follows;

AGI=T×N×W

where;

AGI=aggregate gross income

T=toll amount per way

N=number of times she reported

W=number of way

In our case;

AGI=unknown, to be determined

T=$1.75

N=4

W=2

Replacing;

AGI=(1.75×4×2)=$14.00

Jessica's for AGI deduction for these costs is:

b. $14.00.

4 0

3 years ago

The supply of aged cheddar cheese is inelastic, and the supply of flour is elastic. Both goods are considered to be normal goods

KiRa [710]

Hey bro hey how are you doing I hope you

4 0

3 years ago

define the various technologies that are emerging as noted in the article. Note how these emerging technologies are impacting or

brilliants [131]

Answer:

Biometric

Robotics

Big data

AI technology

Virtual business process

Explanation:

There are many technologies that are emerging everyday. We are in an era where there is new thought to digitalization every hour. The experts have paced their work to contribute towards digitalization and make the business process easier. The business process has been eased but there are many impacts that an organization has to face for digitalization. There is robotics and many employees has been made redundant due to robotics as the robots perform tasks better than human and they do not need any breaks.

Artificial intelligence is also one the impact that modern day businesses face. There are decision making process which is now converted to AI and reliance is made on their results. Instead of analyses by employees and company management complete reliance is placed on AI.

8 0

3 years ago

. Doug purchased a new factory building on January 15, 1990, for $400,000. On March 1, 2017, the building was sold. Determine th

erma4kov [3.2K]

Answer:

e. None of the above

Explanation:

Purchase Value of Machinery = $4,000,000

Life of building = 30 years

Depreciation per year (assuming no 5% residual value)

= (4,000,000 - 200,000)/30

= $ 126,667

Dep. till December 31, 2016 = 126667*21 years

= $2,660,000

Dep. till March 1, 2017 from December 31, 2016

= (122667*2)/12

= $21,111

Total Dep. till March 1, 2017 = $2,660,000 + $21,111

= $ 2,681,111

Cost of recovery deduction = $4,000,000 - $2,681,111

= $ 1,318,889

Therefore, The cost recovery deduction for the year of the sale is $ 1,318,889

6 0

3 years ago