Answer:
The company should recognize d. $120,000 loss on disposal
Explanation:
Companies frequently sell plant assets to dispose them. To recognize gain or loss on disposal:
First, the company calculates the carrying amount of the asset by using the original cost of the asset, minus all accumulated depreciation and any accumulated impairment charges.
Then, subtract this carrying amount from the sale price of the asset. If the remainder is positive, it is a gain and if the remainder is negative, it is a loss
.
In Wonder Company:
The carrying amount of the asset = $720,000 - $360,000 = $360,000
Sales price - carrying amount of the asset = $240,000 - $360,000 = -$120,000 <0
The company should recognize $120,000 loss on disposal
Answer: $490
Explanation:
Economic value added is the estimate of the economic profit of a firm. The economic value added(EVA) is also gotten when the capital charge for the raise of the firm's capital is deducted from the net profit.
Based on the above information, the economic value added will be:
= Net profit - (Total Operating capital × Weighted average cost of capital)
= $700 - ($2,100×10%)
= $700 - $210
= $490
Answer:
Integrity
Explanation:
In the event of the integrity based morals code, there is a joining of the laws administering the Corporate with that of the administrative duty and responsibility that underlines on following up on moral way along these lines encouraging a strong domain and putting worry upon shared responsibility.
In integrity based morals codes, together all workers expected to consequently share the responsibility to act morally.
Answer: advertisement design
Explanation: If there in marketing then they are trying to sell stuff and what better way to sell stuff then advertising your product
Answer:
$703,575
Explanation:
The computation of the net realizable value of accounts receivable is shown below:-
Net realizable value of accounts receivable = Accounts Receivable - Allowance for doubtful accounts
= $726,887 - $23,312
= $703,575
So, for computing the net realizable value of accounts receivable we simply applied the above formula.
