Answer:
Journal entry to record the Sale of Patent
Debit : Cash $750,000
Credit : Patent at Book Value $120,000
Credit : Profit and Loss $630,000
Journal entry to record the Sale of Equipment
Debit : Cash $325,000
Debit : Profit and loss $75,000
Debit : Accumulated depreciation $150,000
Credit : Equipment at Cost $550,000
Explanation:
During a sale transaction the entity recognizes 1. The Cash Proceeds resulting from the sale, 2. The Profit or loss resulting from the sale, 3.The entity derecognizes the Cost or Book Value of the Asset as well as the Accumulated depreciation.
A profit of $630,000 has been earned as a result of the sale of the Patent, whereas a loss of $75,000 has been incurred as a result of sale of Equipment.
Answer:
$395.
Explanation:
interest = Principal×rate of interest×time
Principal = $15800
Rate =0.1
Time = 3/12
interest = $15800×0.1×3/12
=
I think the best answer would be D. Understand her costumer value<span />
Answer:
Expected return on the market = 11.58%
Explanation:
MRP = Market risk premium
RFR = Risk free rate
ERM = Expected return on market
MRP = 8.71%
RFR = 0.155 - (1.45*0.0871) = 0.155 - 0.126295 = 0.0287
RFR = 2.87%
ERM = MRP + RFR = 8.71% + 2.87%
ERM = 11.58%
Hope this helps!
Networking is the process where people is trying to help business and others with similar goals by trading information including contacts and referrals.
Business networking is one way of expanding business and trying to find more members to join their business.
