When using the wet method, holding the spray nozzle too close to the brake surface may cause asbestos fibers to be airborne, thus, it is dangerous to one's health. Any particles from the asbestos that get into one's lung can cause irritation and illness. Brake dust can be very harmful and should be handled with caution! One common ingredient in brake pads is asbestos, which is very harmful if inhaled.
Answer: See explanation
Explanation:
West Division's residual income in August would be calculated as the difference between the Net Operating Income and the Minimum Required Return.
= $42,200 – ($240,000 x 19%)
= $42,200 - $45,600
= $(3,400) Negative
Answer:
A) A credit to accumulated depreciation of $14.4 Million
Explanation:
The complete journal entry should be:
- Dr Asset XXX account 24,000,000
- Cr Accumulated Depreciation account 14,400,000
- Cr Retained Earnings account 9,600,000
First of all the asset must be recorded at full value.
Accumulated depreciation would be credited for 3 years = ($24 / 5) x 3 = $4.8 x = $14.4
Since the depreciation expense lowered the net profits during 2018, the retained earnings must be adjusted for the remaining value = $24 - $14.4 = $9.8
Answer – Nonrecourse loan
<span>In commercial real estate, the actual borrower is shielded from personal
liability. In this case, the lender cannot lay claim to the personal properties
of the borrower if ever he defaults. This type of loan is commonly referred to
as a nonrecourse loan.</span>
Answer:
b) The average cost must be rising.
Explanation:
Assuming that the entity produce 4 units and its total cost is $16 so average cost per unit is $4 and now the same entity has produced the 5th unit at $5 so the average cost now per unit is (16+5)/5=$4.2
So based on the above discussion, it can be concluded that average cost increase when the marginal cost of production is increased.
So the answer is b) The average cost must be rising.
