Answer:
journal entry are given below
carrying value = $4000 and cash received is $2000
Explanation:
given data
delivery van cost = $20,000
accumulated depreciation = $16,000
Annual depreciation = $2,000
solution
journal entry are
date title debit credit
December 29, 2019 Cash $2000
Accumulated depreciation $16000
Delivery van $20000
note that
here carrying value is = $20000 - $16000
carrying value = $4000
and cash received is $2000
Answer:
Emergence.
Explanation:
In this context, it can be said that Suzanne, Kyle and Monique are in the emergence phase of group decision making.
This phase occurs right after the conflict phase, in the emergence phase the ideas will be finally defined and there will be a consensus among the team.
At this stage it is common for the individual interests and needs of the team members to be set aside in favor of the team's interests.
Therefore, project members also tend to adopt a more softening stance and opinions with the intention of not appearing dominant in relation to the project.
Answer:
The firm's cash flow to creditors during 2018 was –$85,000
Explanation:
The firms cash flow to creditors would be calculating by substracting the interest expense of the firm to the long-term debt taken during the period.
Cash flow to creditors = Interest expense – Net new LTD borrowing
Cash flow to creditors = Interest expense – (LTDend – LTDbeg)
Cash flow to creditors = $255,000 – ($2,210,000 – 1,870,000)
Cash flow to creditors = –$85,000
In a supermarket, a vendor's restocking the shelves every Monday morning is an example of fixed order interval.
The situation where an inventory item has independent demand and orders are placed on a constant time period basis is referred to be an FOI system, also known as a periodic review system.
A technique for inventory control is the Fixed Order Interval System. The inventory model also goes by the name fixed reorder cycle. By monitoring the product demand in this, a set interval is formed. It is employed to control the raw material supply. Many businesses utilize the fixed order quantity system because it reduces reorder errors, effectively manages storage space, and avoids wasteful blocking of funds that may be used elsewhere.
To know more about Fixed Order Interval refer to: brainly.com/question/18882719
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Answer:
The question is incomplete; Determine the consumer surplus from the original purchase and the additional surplus generated by the resale of the cannon.
Marcus' consumer surplus= $45-$35= $10
Starling's consumer surplus= $80-60= $20
Marcus' producer surplus = $60-35 = $25
Explanation: