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2 years ago

Pls, the meaning of installations

Business

1 answer:

OverLord2011 [107]2 years ago

5 0

The action or process of installing someone or something, or of being installed.

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g Coronado Industries sold some of its plant assets during 2021. The original cost of the plant assets was $902000 and the accum

Elodia [21]

Answer and Explanation:

Since the following information is mentioned in the question

The purchase cost is $902,000

Accumulated depreciation is $842,000

The proceeds from the sale of plant asset is $89,800

So based on the above information, the sale of the plant asset would be shown in the investing activities of the cash flow statement in a positive amount

Hence it would be reported under the investing activities section

6 0

3 years ago

Don executes a will leaving half of his farm to his spouse Elsie and the rest to his sons, Frank and Greg, in equal shares. The

SVETLANKA909090 [29]

Answer:

Don executes a will leaving half of his farm to his spouse Elsie and the rest to his sons, Frank and Greg, in equal shares. The will disinherits a third son, Hal. Don and Elsie divorce, but Don dies before changing his will. Under the Uniform Probate Code:

c. Frank and Greg receive the entire estate in equal shares.

Explanation:

Uniform Probate Code is applicable in almost 18 states of the United States that was developed to standardize the laws of wills, trusts, and intestacy.
The option a is not correct as Elsie can't get the half of the farm as Don and Elsie were divorced.
The option b is also incorrect as Elsie can't get the half of farm as well as Hal will not get the share.
The option c is correct as it is in accordance with Uniform Probate Code.
The option d is incorrect as state can't inherits the entire estate in the presence of heirs.

6 0

3 years ago

Why is Berkshire Hathaway underpreforming?

PIT_PIT [208]

Answer:

no sales

Explanation:

4 0

2 years ago

steven's income decreased from $1,800 a month to $1,200 a month when he went back to school. as a result, he cut back on trips t

Ymorist [56]

Steven's income elasticity is 0.83

<h3>How to calculate the income elasticity ?</h3>

Income elasticity can be described as the change in the quantity demanded by the change in the income

Steven's income decreased from $1800 to $1200

His trips also decreased from 15 to 10

The Income elasticity can be calculated as follows

= 15 -10/(1800-1200) × 100

= 5/600 × 100

= 0.00833 × 100

= 0.83

Hence the income elasticity is 0.83

Read more on income elasticity here

brainly.com/question/14620012?referrer=searchResults

#SPJ1

6 0

2 years ago

g Messersmith Company is constructing a building. Construction began in 2020 and the building was completed 12/31/20. Messersmit

Pachacha [2.7K]

Answer:

Weighted average accumulated expenditures were

$ 3,600,000

Explanation:

The Weighted average accumulated expenditures are calculated considering the payments made to the contructing company weighted by the time that the constructing company hold the money divided by the period of contruction.

Please see the details below:

Payment Date Expenditure Cap Period Weight Weighted Exp

07/01/2020 $3,000,000 6 (12-6) 0,50 $1,500,000

09/01/2020 $6,300,000 4 (12-8) 0,33 $2,100,000

12/31/2020 $6,000,000 0 - 0- 0-

TOTAL $15,300,000 $3,600,000

Capitalization Period: Example: 12 Months - 6 Months transcurred.

12/31/2020 - ending of contruction

07/01/2020 - The moment went the payment was made, 6 months since the beginning of the construction.

4 0

4 years ago

Pls, the meaning of installations​

Pls, the meaning of installations