you are to create a year-by-year depreciation schedule for an asset that has a cost basis (b) of $950,000 and estimated salvage value (sv10) of $80,000 after 10 years. for the straight-line and declining balance methods, use a depreciable life (n) of 10 years. for macrs, use a recovery period (n) of 7-yrs.

Answers

Answer 1

The annual depreciation amount divided by the total depreciable cost is the depreciation rate. The machine's straight-line depreciation rate in this instance is $16,000 / $80,000, or 20%.

The machine's straight line depreciation would be determined as follows:

The asset's price was $100,000.

Estimated salvage value divided by the asset's cost is $20,000, for a total depreciable cost of $80,000.

Five years is the asset's useful life.

Steps (2) and (3) must be divided: $80,000 over five years equals $16,000 per year in depreciation.

As a result, Company A would depreciate the machine at a rate of $16,000 a year for a period of five years.

If the annual depreciation amount is known, the depreciation rate can also be determined. The annual depreciation amount divided by the total depreciable cost is the depreciation rate. The machine's straight-line depreciation rate in this instance is $16,000 / $80,000, or 20%.

Know more about depreciation here:

https://brainly.com/question/15085226

#SPJ4


Related Questions

A service provider and the service provided are ____________________, so the quality perceptions of the service depend on the perceptions of the provider.

Answers

Complete the statement: A service provider and the service provided are interdependent, so the quality perceptions of the service depend on the perceptions of the provider.

The Interdependence of Service Providers and Quality Service

A service provider and the service provided are interdependent, meaning that they are mutually dependent on each other. The service provider's attitude and performance directly reflect the quality of the service provided, so it is important for the provider to be knowledgeable, courteous, and attentive to the needs of their customers.

Customers' perceptions of the service are largely based on their interactions with the provider, and so it is important for the provider to make sure that they are providing an excellent customer experience. The quality of the service provided is ultimately determined by the service provider, as they are the ones creating the customer experience.

Learn more about Service provider: https://brainly.com/question/4784548

#SPJ4

This procedure involves the crediting of one account through the abstraction of money from another account. A) Kiting B) Lapping C) Force balancing D) Stolen statements

Answers

B) Lapping this procedure involves the crediting of one account through the abstraction of money from another account.

What is crediting?

Credit is the trust that permits one party to give money or resources to another party, wherein the second party does not immediately reimburse the first party (thereby creating a debt), but instead promises to pay back or return those resources (or other materials of equal value) at a later time. Credit is derived from the Latin verb credit, which means "one believes." Credit is a strategy for formalizing reciprocity, making it enforceable by law, and extending it to a sizable number of unrelated parties.

The resources offered may be material (such as issuing a loan) or financial, or they may be in the form of commodities or services (e.g. consumer credit). Any deferred payment arrangement is considered credit. A creditor, sometimes referred to as a lender, extends credit to a debtor, also referred to as a borrower.

To know more about crediting visit:

https://brainly.com/question/29632930

#SPJ4

19.A major criticism of CEOs and boards during the 1980s, when corporate takeovers were regularoccurrences, wasa.not trying to get the best price they could for shareholders.b.focusing on "making deals" instead of running the business.c.trying to run up the price of their company's stock in preparation for the sale.d.being obsessed with self-preservation instead of making optimal decisions on behalf ofshareholders.

Answers

When corporate takeovers were common in the 1980s, a significant charge against CEOs and boards was that they were preoccupied with self-preservation rather than making the best choices for shareholders.

What is a corporate takeover?

When control of an organization is transferred from one party to another, it is called a corporate takeover. Depending on whether or not the management of the target firm is a willing participant, corporate takeovers are either classed as hostile or friendly. According to the Williams Act's regulations, every entity that acquires more than 5% of a corporation's outstanding stock must file a report with the Securities and Exchange Commission (SEC) stating whether they intend to start a takeover or not.

To know more about Corporate takeover visit:                      brainly.com/question/28213683

#SPJ4

if the price of a good decreases, the marginal utility per dollar spent and consumers buy of the good.

Answers

If the price of a good decreases, the marginal utility per dollar spent and consumers buy of the good then it is diminishing marginal utility.

What does the marginal utility equation mean?

According to the general principle of economics, marginal utility is determined by dividing the overall change in utility by the change in the quantity of commodities. The equation reads as follows: Total utility difference / difference in the amount of commodities equals marginal utility.

Comparing marginal utility and utility

Utility is the pleasure a person experiences after consuming a good or service. The entire satisfaction from consuming a certain amount of a good or service is known as its total utility, whereas the satisfaction from consuming an extra amount of that same commodity or service is known as its marginal utility.

To know more about Marginal Utility visit:

https://brainly.com/question/14149928

#SPJ4

nathan noticed that a company that has great potential just declared a because its stock price was getting too high for the small investor to buy the stock. the company will substitute more shares for the existing shares of stock without increasing the market value of the firm. group of answer choices claim on income stock repurchase stock split dividend yield

Answers

The organization will replacement extra stocks for the prevailing stocks of inventory with out growing the marketplace price of the firm  stock split.

The required details about stock split is mentioned in below paragraph.

A  stock split up takes place whilst a organization will increase the range of its stocks to reinforce the inventory's liquidity. Although the range of stocks extraordinary will increase via way of means of a particular multiple, the whole greenback price of all stocks extraordinary stays the equal due to the fact a cut up does now no longer essentially alternate the organization's price. The maximum not unusualplace stock split ratios are 2-for-1 or 3-for-1 (on occasion denoted as 2:1 or 3:1). This approach for each percentage held earlier than the cut up, every stockholder may have or 3 stocks, respectively, after the cut up.

To learn about stock split visit here.

https://brainly.com/question/30034199

#SPJ4

private companies, professional organizations, colleges, employers, and individuals are all sources of .

Answers

scholarships . ( Houses of worship, unions, school districts, chambers of commerce, and charities are all excellent sources of college scholarships.)

What is the common types of scholarships?

Executive and academic scholarships are the two most common types of scholarships awarded by universities. Leadership Scholarships are awarded for participation in curricular and extracurricular activities and academic excellence.

What are the best types of scholarships?

A full-ride scholarship is a ride to college that covers all costs and is the most desirable of the different types of scholarships. Most fully funded scholarships are school-specific, but some organizations do not limit the use of funds to specific schools.

To know more about Scholarship visit here:

https://brainly.com/question/22685530

#SPJ4

in the circular flow diagram, which of the following is true in resource (factor) markets? in the circular flow diagram, which of the following is true in resource (factor) markets? business firms sell goods and services to households. households buy resources from business firms. households sell resources to business firms. households sell products to business firms.

Answers

A homeowner selling resources to a company is option C. Only two marketplaces are present in the circular flow model, which includes both families and companies. One is for resources, the other is for products.

In a circular flow model, what exactly is the factor market?

Which of the following is true for resource (factor) markets as shown in the circular flow diagram? What is true about resource (factor) markets, according to the circular flow diagram? Businesses sell products and services to homes. From commercial entities, households purchase resources.

In the circular flow diagram, what are the production factors?

Land, labor, capital, and entrepreneurship are the components of production. Rent, labor, and profit are the costs of production that are corresponding to these components.

To know more about selling visit:

https://brainly.com/question/22521384

#SPJ4

The process of self-reflection and critique of how one's identity positions one within society followed by action to create change in an unjust society is referred to as _____. environmental wellnesseffective communicationlifestyle managementcultural humility

Answers

The correct answer to the given question about process of self reflection and critique is option d) cultural humility

"Cultural humility entails a continual process of self-exploration and critique as well as an openness to pick up knowledge from others. It is developing a relationship with someone while aiming to respect their values, traditions, and beliefs. It entails appreciating diversity and accepting someone for who they are. A personal, lifelong commitment to self-evaluation and critique in which the person begins by analyzing her or his own beliefs and cultural identities before learning about that of others.

An awareness of power dynamics and inequities, a desire to address these injustices, and a willingness to form alliances with individuals and organizations that fight for the rights of others Accountability within institutions

Question

The process of self-reflection and critique of how one's identity positions one within society followed by action to create change in an unjust society is referred to as _____.

environmental wellnesseffective communicationlifestyle managementcultural humility  

To learn more about critique click here

brainly.com/question/16408727

#SPJ4

True or false: When banks loan out some of their excess reserves, the monetary base increases by the amount of the loan. Explain your answer. 5 points. 2

Answers

True The monetary base is increased by the loan amount when banks lend out a portion of their excess reserves.

How can I quickly obtain a loan?

You can apply for a personal loan online by contacting a bank or financial institution directly through their website to find out if you qualify, as well as to find out the interest rate and monthly payment. The money will be transferred to your checking account right away if the loan is granted.

Which banks easily provide loans?

The finest banks in India for personal loans include HDFC, Hdfc, Bajaj FInancial sector, Tata Bank, and Kotak Mahindra.

To know more about loan visit:

https://brainly.com/question/30056633

#SPJ4

research that involves studying multiple cases, typically nations, over a long period of time is known as . group of answer choices: a. Comparative historical researchb. Cross-sectional comparative researchc. Demographyd. Historical events researche. Historical process research

Answers

Comparative historical research is an approach to social science research that involves studying multiple cases, typically nations, over a long period of time.

This method of research allows researchers to identify trends, patterns, and causal relationships between events, institutions, and social processes across different contexts. It allows researchers to compare, analyze, and interpret data in order to better understand the complex social and historical dynamics at play. Cross-sectional comparative research focuses on a single point in time, while historical events research examines the impact of specific events that have taken place in the past. Demography is the study of population size, structure, and distribution, while historical process research looks at how social and economic changes have unfolded over time.

To know more about research here

https://brainly.com/question/15852555

#SPJ4

True or false: Speculators are especially interested in financial futures because price volatility can lead to potentially highly profitable outcomes.

Answers

The primary participants in the futures market are speculators, Therefore the given statement is true.

Who are speculators?Speculators are sophisticated investors or traders who buy assets for short periods of time and use strategies to profit from price changes. Speculators are important to markets because they provide liquidity while also taking on market risk.A speculator is someone who is willing to risk losing a large sum of money in exchange for the possibility of making even more money. A speculator, for example, may invest in a risky stock in the hope of eventually selling it for a profit.Investors grow their wealth in a systematic manner, purchasing assets with reasonable levels of risk in exchange for long-term growth. Speculators, on the other hand, purchase assets that may experience rapid growth but may also lose their entire value if they are not properly managed.

To learn more about speculators refer to :

https://brainly.com/question/8995099

#SPJ4

the short-run aggregate supply curve group of answer choices slopes upward, and the long-run aggregate supply curve also slopes upward. slopes upward, but the long-run aggregate supply curve is vertical. slopes upward, but the long-run aggregate supply curve is horizontal. is vertical, and the long-run aggregate supply curve is vertical.

Answers

The short-run aggregate supply curve slopes upward, but the long-run aggregate supply curve is vertical. Option B.

The short-run aggregate supply curve is sloping because supply increases as price rises. In the short run, firms have a constant factor of production. Output and real GDP increase at a given price as the curve shift outward.

The Short Run Aggregate Supply Curve gives us an idea of ​​how all firms in the economy react to price stability. When prices stagnate, the SRAS curve slopes. The SRAS curve shows that the higher the price level, the higher the output. The short-run individual supply curve is the individual marginal cost that is greater than the minimum average variable cost at all points.

Learn more about The short run here:- https://brainly.com/question/14258489

#SPJ4

here we preferred two stage construction as it has lesser present worth of cost. calculation of the selection of the construction plan: for single stage construction pw of cost

Answers

When determining a single investment's attractiveness using its present worth, ZERO is utilized as the comparison value.

What is construction and its types?

The construction industry is split into two main segments: non-residential, which includes three sub-divisions (heavy industrial, institutional and commercial, engineering), and residential. Each industry has advantages of its own and offers a diverse and satisfying choice of work projects. From the Latin constructio and the Old French construction, construction is a generic phrase that refers to the art and science of forming things, systems, or organizations. The noun construction refers to the process of building something, whereas the verb to construct refers to the act of building.

What is the most important thing in construction?

Planning. The key to managing construction projects successfully is thorough and strategic planning. More planning will be needed the more complicated the project. A well-planned project increases productivity and offers a detailed road map for finishing the work on time and under budget. The knowledge and skills necessary to perform manual labor on construction sites, such as machine operation, masonry, carpentry, and project management, are known as construction worker skills.

To know more about Construction visit:

https://brainly.com/question/6747669

#SPJ4

Expectations and the Phillips curve
The following graph shows an economy in long-run equilibrium at point A (grey star symbol). The vertical line is the long-run Phillips curve (LRPC). The downward-sloping curve labeled
SRPC1 is the short-run Phillips curve passing through point A.SRPC LRPC SRPC 2 ー3 3 UNEMPLOYMENT RATE (Percent)
Which of the following is true along SRPC1?
A) The expected inflation rate is 5%.
B) The natural rate of unemployment is 3%.
C) The actual inflation rate is 5%.
D) The actual unemployment rate is 6%.
Suppose that the Fed suddenly and unexpectedly decreases the money supply in an effort to reduce inflation. As a result of this unanticipated action, actual inflation falls to 3%.
On the previous graph, use the black point (plus symbol labeled "B") to illustrate the short-run effects of this policy.
Now, suppose that—after a period of 3% inflation—households and firms begin to expect that the inflation rate will continue to be 3%.
On the previous graph, use the purple line (diamond symbol) to draw SRPC2, the short-run Phillips curve that is consistent with these expectations, assuming that it is parallel to SRPC1.
Finally, using the orange point (square symbol labeled "C"), indicate on the previous graph the new, long-run equilibrium for this economy.
The inflation rate at point C is(lower than, the same as, higher than) the inflation rate at point A, and the unemployment rate at point C is(lower than, the same as, higher than) the unemployment rate at point A.
Was the Fed able to achieve its goal of lowering inflation?
A) Yes, the Fed's policy successfully reduced inflation in both the short run and the long run.
B) Yes, but only in the short run; in the long run, inflation returned to its natural rate.
C) No, because the Fed cannot affect the inflation rate through monetary policy.
Now, suppose that the public fully anticipates the Fed's decision to decrease the money supply. Assume the public also believes that the Fed is firmly committed to carrying out this policy. According to rational expectations theory, when the economy is in long-run equilibrium, a fully anticipated decrease in the money supply will cause the economy to move (from A to B permanently, from A to B and then back to A, from A to B to C and then back to B, from A to B and then to C, directly from A to C) on the previous Phillips curve graph. In this case, rational expectations theory predicts that the fully anticipated decrease in the money supply will have the immediate effect of (a decrease, no change, an increase) in the inflation rate and (a decrease, no change, an increase) in the unemployment rate.

Answers

When the unemployment rate reaches its natural level, the long-term Phillips curve is vertical.

What happens to the Phillips curve in the long run?

An rise in aggregate demand, which both lowers unemployment and raises inflation, is what causes an economy to go from point X to point Y when it is initially in long-term equilibrium.

Because the unemployment rate will be the natural rate of unemployment when output is at its peak, the Phillips curve will eventually become vertical regardless of the pace of inflation. The rate of frictional unemployment is influenced by both information costs and the accessibility of unemployment benefits.

The long-run Phillips curve becomes vertical when unemployment reaches its natural rate. Unemployment is therefore equal to the natural rate when real inflation is equal to predicted inflation.

The Phillips curve shows how unemployment and inflation are correlated in the short run. fewer people are unemployed as prices rise (point A to point B on Phillips curve). Along with the supply curve's upward movement, the Phillips curve also rises.

To learn more about Phillips curve refer to:

https://brainly.com/question/28005556

#SPJ4

The marginal revenue curve for a monopoly tells us that as the monopolist sells one more unit, the marginal revenue per unit will fall.
True or False

Answers

Above statement is correct. The marginal revenue in a monopoly is always equal to or less than the average revenue since the price fluctuates as the amount sold fluctuates.

What Is Marginal Revenue?

The additional money made from the sale of one more unit of output is referred to as marginal revenue. The law of diminishing returns dictates that marginal revenue will eventually begin to decline as output level rises, even though it can remain constant above a certain threshold of output. According to economic theory, businesses that are completely competitive keep on producing goods until marginal revenue and marginal cost are equal.

What is Marginal Revenue Curve?

Due to the frequently economically negative relationship between price and quantity, the marginal revenue curve frequently has a downward slope. Demand for a product will almost certainly increase as a company lowers the price, while demand typically declines as prices are raised.

To know more about Marginal Revenue visit:                                 brainly.com/question/16153758

#SPJ4

Lack of operational power, high fees, low percentage of reservations from the central reservation system are all ______ of franchising
A. benefits
B. Drawbacks
C. Trends
D. Bonuses

Answers

Lack of operational power, high fees, and low percentage of reservations from the central reservation system are all  Drawbacks of franchising.

The Department of Defense defines operational energy as the energy required to train, move, and sustain troops and weapons platforms for military operations. The term includes energy used by tactical power systems, generators, and weapons platforms.

Operating energy is the energy required throughout the life of a structure, such as lighting, heating, cooling, and ventilation. and operate household appliances.

Operations management includes security monitoring, coordination of generation and transmission resources, coordination and approval of transmission state changes for maintenance, determination of transmission state changes for reliability, coordination with other equilibrium groups, and the Reliability Coordinator.

Learn more about operational power here

https://brainly.com/question/14510836

#SPJ4

Jack has a small retail business. He had a custom application developed for his inventory tracking. All of Jack's company computers have an operating system on them that will soon reach end of life because a newer version was released two years ago.Jack is afraid that his custom inventory application won't be compatible with the new version of the operating system.Which of the following is a risk that Jack is taking if he continues to use the operating system after its end of life?a. The custom application may no longer be compatible. b. The OS will become increasing vulnerable to cyberattacks.c. He may lose some of the OS's features that he relies on.d. He may lose sales during the migration process.

Answers

A newer version of the operating system is installed on every computer used by Jack's business and will shortly reach end of life.

In the event that your operating system is no longer supported, what happens?

Windows Update will no longer provide software updates for versions of Windows that are no longer supported. These updates include security ones that can help shield your computer from damaging viruses, spyware, and other unwanted software that can steal your personal information.

What components of operating systems are the most challenging to design and why? Why are operating systems tough to build?

Programming the system to handle multiuser and multi-device features is required for concurrency. The two most challenging design elements in security management are the coding of the OS's authentication procedure.

To know more about operating visit:

https://brainly.com/question/20916293

#SPJ4

Which is a basic requirement for a fullfilling career

Answers

Figuring out the impact you want to have on the world for fullfilling career. Helping something greater than yourself. observing your basic values and what is most important to you.

What aspect of your employment gives you the most satisfaction?

Proficiency. Knowing that you can perform your task to the best of your abilities when you have a job that allows you to employ the skills in which you are most adept and confident can be gratifying. You may be inspired to continue developing your abilities if you have the chance to do so while generating high-quality work.

What is professional satisfaction?

When you find a career that balances your interests and skills, you will experience career fulfillment. Your career fulfillment may consist of doing what you enjoy, having an impact, and producing meaningful work.

To know more about  fullfilling career visit :

https://brainly.com/question/8825832

#SPJ1

Every year, the United States government spends a very large sum of money to pay interest on

Answers

The US government pays very significant amounts of money in interest on the national debt each year.

What do we mean by interest?

The fee you pay when borrow money or even the fee you charge you lend money is called interest. The most common way to represent interest is as a yearly percentage of the loan amount. The interest rate just on loan is known as this percentage. In the fields of finance and economics, interest is the payment of a sum over and above the principal amount to a lender or depositor by a borrower and deposit-taking financial institution at a set rate. It is not the same as a fee that the borrower might pay a lender or another party.

Why is interest important?

One of the most significant economic indicators is the interest rate since it affects people's propensity to borrow money. If interest rates are very high, borrowing money is expensive. It's significantly more affordable when they're low.

To know more about Interest visit:

https://brainly.com/question/29480777

#SPJ4

o'hanlon compares defense spending today, which is roughly % of gdp to the cold war peak of % in the 1950s

Answers

In the 1950s, defense spending as a percentage of GDP peaked at around 10%, while today it is around 3%. This is a decrease of roughly 70%.

What does GDP means?

GDP is an abbreviation for Gross Domestic Product, which is a measure of the total value of all goods and services produced in a given country or region over a given time period. It is used to assess a country's overall economic health. It is calculated by totaling the value added by all industries and sectors, including agriculture, manufacturing, services, and others. GDP is one of the most important indicators of an economy's performance and can be used to assess a country's overall well-being.

What does Economic health means?

Economic health is a broad measure of a country's economic health. It is typically calculated by examining economic indicators such as GDP, unemployment, inflation, the balance of payments, and government debt. The health of an economy is a key indicator of its citizens' well-being and is used to make decisions by governments, businesses, and investors.

To know more about GDP,

https://brainly.com/question/1383956

#SPJ4

Suppose that North Cantina is producing 2 units of capital goods and 17 units of consumer goods while South Cantina is producing 2 units of capital goods and 21 units of consumer goods. We can conclude that:

Answers

Suppose that North Cantina is producing two units of capital goods and 17 units of patron items whilst South Cantina is producing 2 gadgets of capital items and 21 devices of consumer goods.

We can conclude that: South Cantina is wholly and successfully using its resources, but North Cantina is not.

What are capital goods?

Capital items are the property used by using agencies in the direction of producing their products and services, and can include buildings, machinery, equipment and equipment

The main export subsectors of the capital items sector are heavy electrical and strength equipment, earthmoving and mining machinery, and manner plant equipment – together accounting for 85% of India's complete capital items exports.

Learn more about capital goods here:

https://brainly.com/question/15300072#SPJ4

Employers can look for high ________ scores to specifically hire workers who perform welt, are liked by their supervisors, and are resilient. Multiple Choice a. openness to experience b. emotional stability c. extroversion d. agreeableness e. conscientiousness

Answers

Employers can look for high conscientiousness scores to specifically hire workers who perform well, are liked by their supervisors, and are resilient.

Define conscientiousness?Being watchful or diligent is a quality of conscientiousness. A desire to complete a task successfully and a serious attitude toward one's social obligations are both indications of conscientiousness. In contrast to laid-back and disorganized individuals, conscientious people are typically effective and organized.Conscientiousness is characterized as individual variances in a person's predisposition to adhere to socially imposed norms for impulse control, to be goal-directed, planful, able to postpone satisfaction, and to adhere to norms and rules (Roberts, Jackson, Fayard, Edmonds, & Meints, 2009).One of the crucial five elements is scrupulosity. Both tenacity and orderliness make up this quality. It undoubtedly is a strength from one angle of view. Success in both life and the workplace is correlated with diligence.

To learn more about conscientiousness refer to:

https://brainly.com/question/11372064

#SPJ4

aggregate information as part of an analytics package may include the total number of visits but not the total revenue the total revenue but not the total number of visits the total number of visits and the total revenue none of the above

Answers

An aggregate information as part of an analytics package may include the total number of visits and the total revenue.

Thus, the correct option is C.

What is total revenue?

In other words, businesses utilize this statistic to assess how effectively their primary sources of revenue are generating profits.

Total revenue is directly correlated with marginal revenue.

An indefinitely elastic demand curve is presented to a corporation that is perfectly competitive. In other words, the market price is the only price at which it may be sold.

At any lower price, it could sell the same quantity at the going rate and yet make more money, whereas at any higher price, nobody would purchase any quantity.

The market price multiplied by the amount that the business decides to manufacture and sell equals total revenue.

Total revenue is the amount of money generated by a company's sales of goods and services.

Learn more about total revenue, here

https://brainly.com/question/13000391

#SPJ1

for a certain firm, the 100th unit of output that the firm produces has marginal revenue of $10 and a marginal cost of $11. it follows that the

Answers

It follows that the firm should not produce the 100th unit of output because the marginal cost is greater than the marginal revenue. Marginal revenue is the increase in total revenue when one additional unit is produced and sold.

Marginal cost is the increase in total cost when one additional unit is produced. In this example, the marginal cost of producing the 100th unit of output is greater than the marginal revenue, meaning that the firm would lose money if they produced and sold the unit. The firm should instead find ways to reduce their marginal cost in order to make the production and sale of the 100th unit of output worthwhile.

To know more about marginal revenue click here

https://brainly.com/question/25404320

#SPJ4

in its first year of operations, cloudbox has credit sales of $240000. its year-end balance in accounts receivable is $14000, and the company estimates that $3500of its accounts receivable is uncollectible a. Prepare the year-end adjusting entry to estimate bad debts expense. b. Prepare the current assets section of Cloudbox's classified balance sheet assuming Inventory is $32,000, Cash is $24,000, and Prepaid Rent is $4,000. Note: The company reports Accounts receivable, net on the balance sheet. Complete this question by entering your answers in the tabs below. Required A Required B Prepare the current assets section of Cloudbox's classified balance sheet assuming Inventory is $32,000, Cash is $24,000, and Prepaid Rent is $4,000. Note: The company reports Accounts receivable, net on the balance sheet. CLOUDBOX Balance Sheet Assets Current assets Cash Accounts receivable, net Inventory Prepaid rent $ 24,000 32,000 4,000 Total current assets $ 60,000 < Required A Required B

Answers

CLOUD BOX Balance Sheet Assets Current assets Cash Accounts receivable, net Inventory Prepaid rent $ 24,000 32,000 4,000 Total current assets 70,500

Date Account Title and Explanation Debit Credit

31-Dec Bad debts expense                  $3,500  

         Allowance for doubtful debts          $3,500

                                  Cloud box

                                 Balance Sheet

                               As of December 31

Assets    

Current Assets    

Cash                                         24,000  

Accounts Receivable, net         10,500 =14,000-3500

Inventory                                  32,000  

Prepaid Rent                                  4,000  

Total Current Assets                  70,500

A balance sheet is an annual financial statement that contains information about a company's assets or liabilities at a particular point in time.

In financial accounting, a balance sheet is a summary of the financial balance of an individual or organization, whether it is a sole proprietorship, partnership, corporation, limited liability company, or other organization such as a government or non-profit organization.

Learn more about the Balance Sheet  here

https://brainly.com/question/1113933

#SPJ4

For a sport organization to deliver engaging content through social media, should social media managers listen to and learn from consumers rather than just disseminate information?YesNo

Answers

For a sport organization to deliver engaging content through social media, should social media managers listen to and learn from consumers rather than just disseminate information Yes. it allows them to know how to target their market.

Keep fanatics up to date on group information like new signings, contracts, bulletins and occasions. Foster fan engagement with unique content material from leagues, teams, coaches, and players. Promote occasions or teams.

On pinnacle of the quantity of interest you doubtlessly have get right of entry to to, extra fan engagement is a key benefit of social media as a sports activities advertising and marketing channel as well.

The conventional nature of a game may be lost, for example, guidelines and timings are tailored to in shape the needs of television. The media controls the vicinity of occasions, in addition to kick-off instances and in a few instances gambling seasons.

Learn more about organization here:

https://brainly.com/question/5239700

#SPJ4

If a company distributes stock to employees by granting stock options, employees exercise the option when they???sell the stock. liquidate the stock. distribute the stock. purchase the stock. retain the stock

Answers

If a company distributes stock to employees by granting stock options, employees exercise the option when they purchase the stock.

Stock in the context of finance refers to each share of ownership in a corporation or business. A single share of stock represents a portion of the corporation's ownership in relation to the total number of shares. This usually entitles the shareholder to that portion of the business's earnings, cash from the sale of firm assets, or voting power, generally allocating these in accordance with the sum that each stockholder has invested. Not all stock is created equal. For instance, some classes of stock may be issued with improved voting rights, without voting rights, or with a specific priority to collect profits or proceeds from liquidation before or after other classes of shareholders.

learn more about Stock here

https://brainly.com/question/29750557

#SPJ4

The correct answer to the question is that employees exercise the option when they " Purchase the Stock " When a company distributes stock to employees by granting stock options, employees are given the right to buy a certain number of shares of the company's stock at a predetermined price, known as the Exercise price.

When employees choose to exercise the option, they are essentially choosing to purchase the stock at the exercise price. This is typically done because the employee believes that the stock will be worth more than the exercise price in the future, allowing them to make a profit when they sell the stock. Employees may also choose to retain the stock after purchasing it, holding on to it as an investment in the company.

natural monopoly analysis the following graph gives the demand (d) curve for water services in the fictional town of streamship springs. the graph also shows the marginal revenue (mr) curve, the marginal cost (mc) curve, and the average total cost (atc) curve for the local water company, a natural monopolist. on the following graph, use the black point (plus symbol) to indicate the profit-maximizing price and quantity for this natural monopolist. monopoly outcome 0 1 2 3 4 5 6 7 8 9 10 40 36 32 28 24 20 16 12 8 4 0 price (dollars per hundred cubic feet) quantity (hundreds of cubic feet) d mr mc atc 3.5, 26 which of the following statements are true about this natural monopoly? check all that apply. it is more efficient on the cost side for one producer to exist in this market rather than a large number of producers. the water company is experiencing diseconomies of scale. the water company must own a scarce resource. in order for a monopoly to exist in this case, the government must have intervened and created it. true or false: without government regulation, natural monopolies always earn zero profit in the long run. true false

Answers

The truth about the monopoly is that :

The electricity company is experiencing economies of scale because ATC is decreasing as quantity increasesIt is more efficient on the cost side for one producer to exist in this market rather than a larger number of producers.

It is false that  natural monopolies always earn zero profit in the long run.

What is meant by natural monopoly?

If one business can service a market more affordably than any combination of two or more enterprises, that market is said to have a natural monopoly.

When there is just one company that is the most productive in an industry, a natural monopoly results. It is unfeasible to have more than one company manufacturing the item under a natural monopoly since fixed costs are usually quite high. Tap water is an illustration of a natural monopoly.

Read more on natural monopoly here:https://brainly.com/question/29765560

#SPJ1

True of False. Cost of goods available for sale is always the same regardless of the inventory cost flow assumption in use.

Answers

This statement is False. The cost of goods available for sale will differ depending on the inventory cost flow assumption in use. The cost of goods available for sale is an important figure in the calculation of a company’s net income or profit. This figure is calculated by taking the cost of beginning inventory plus the cost of any goods purchased during the period, then subtracting the cost of any goods sold during the period.

The cost flow assumptions used by a company will determine how the cost of goods available for sale is calculated. The three most common cost flow assumptions are the First-in, First-out (FIFO), Last-in, First-out (LIFO), and Average Cost methods.

The FIFO cost flow assumption assumes that the first goods purchased are the first goods sold. The LIFO cost flow assumption assumes that the last goods purchased are the first goods sold. Therefore, the cost of goods available for sale is calculated by taking the cost of beginning inventory plus the cost of goods purchased throughout the period, minus the cost of any goods sold during the period.

To know more about cost of goods sold click here

https://brainly.com/question/14866200

#SPJ4

Which of the following statements is false?To be relevant, a cost must occur in the future.To be relevant, a cost must be an opportunity cost.Sunk costs are never relevant.Sunk costs are costs that occurred in the past.

Answers

B. To be relevant, a cost must be an opportunity cost statement is false.

Relative costing is a costing method used in management accounting to assist managers in making business choices. It is crucial while deciding which option to evaluate and go with.

Option A, "A cost must arise in the future to be relevant," is untrue. It is accurate to state that costs that will arise in the future are relevant costs.

Option B, "A cost must be an opportunity cost to be relevant," is correct option. A cost must differ between two or more options that are precisely different from the idea of opportunity cost in order to be meaningful.

Sunk costs are never relevant, which is Option C , is incorrect  A sunk cost is a previous expense that will never be taken into account when choosing an appropriate costing strategy, it is true.

Option D, which states that sunk costs are expenses from the past, is incorrect. Sunk costs are expenses that have already been incurred in the past since they are historical expenditures.

To know more about relevant costs:

https://brainly.com/question/16522403

#SPJ4

Other Questions
A 2.2-mm-diameter and 10-m-long electric wire is tightly wrapped with a 1-mm-thick plastic cover whose thermal conductivity is k = 0.15 W/m.K. Electrical measurements indicate that a current of 13 A passes through the wire and there is a voltage drop of 8 V along the wire. If the insulated wire is exposed to a medium at T = 30C with a heat transfer coefficient of h = 24 W/m2.K, determine (a) the temperature (in C) at the interface of the wire and the plastic cover in steady operation. Electrical wire To = 30C Insulation 10 m (c). Continue the previous questions. Determine if doubling the thickness of the plastic cover will increase or decrease this interface temperature. will increase interface temperature because of heat transfer from interface decrease will decrease interface temperature because of heat transfer towards interface decrease will decrease interface temperature because of heat transfer from interface increase will increase interface temperature because of heat transfer towards interface increase will have no effect on interface temperature Consider a PTFE molecule adjacent to a PVC molecule. Select all of the secondary bonding types that exist between these two molecules. hydrogen bonding interactions between temporarily induced and permanent dipoles interactions between dipoles that are temporarily induced B covalent bonding D ionic B metallic bonding D interactions between permanent dipoles which of the following psychological disorder(s) was reported by the most people in the united states within the past year? for a company's competitive strategy to succeed in delivering good performance or the intended competitive advantage over rivals A worker in a silver mine descends 26 feet use an integer to represent the change in the workers position what is the term for characteristics, other than the characteristic of interest, that may also be related to the disease under study? 19.Which conclusion is not justified by the prior given statements?A. Given: If a line is vertical, then it has an undefined slope.Given: Line / is vertical.Conclusion: Line / has an undefined slope.B. Given: If a triangle is isosceles, then it has two congruent sides.Given: If a triangle has two congruent sides, then it has two congruent angles.Conclusion: If a triangle is isosceles, then it has two congruent angles.C. Given: If two angles are vertical, then they are congruent angles.Given: 21 and 22 are vertical angles.Conclusion: 21 22D. Given: If Mark goes fishing, then he will buy a new fishing rod.Given: If Mark goes fishing, then he will need to buy bait.Conclusion: If Mark buys a new fishing rod, then he will need to buy bait. match the type of expense to the appropriate tier for the purpose of the home office deduction. tier 1 tier 1 drop zone empty. tier 2 tier 2 drop zone empty. tier 3 tier 3 drop zone empty. generally, expenses allocated to the business use of the home except for interest, taxes, and depreciation generally, mortgage interest and real property tax allocated to the It is better for people to follow the rules or change them? Have to write an essay The Stock Market Alexander is a stockbroker. He earns 13% commission each week. Last week, he sold $7,500 worth of stocks. How much did he make last week in commission? If he averages that same amount each week, how much did he make in commission in 2011? PLS HELP Did the general Washingtons military strategies match the goals of the continental army? Why? Or why not? Anh begged her parents for the new video game console. when they told her no, again, she replied, "everyone at school is getting it! i'll be the only one out of all of my friends who doesn't have it!" which logical fallacy has anh used? ad hominem bandwagon hasty generalization slippery slope before leaving for school, kendra checks her room to see that her dolls are lined up in a row. then she touches the head of the first one and the feet of the last one before leaving the room. what type of behavior is kendra exhibiting? Bob is a member of a gym. He paid a joining fee, plus a monthly fee. The equation below represents the amount he has paid as a function of the number ofmonths he has been a member of the gym. Interpret the slope of the function in terms of the problem.y=22m +39 A. Bob pays $39 for 22 months.B. Bob pays $22 per year.C. Bob pays $22 per monthD. Bob pays $39 per month What is the acceleration of a car slowing from 12 m/s to a stop in 15 s?Type a response (show work please) Obesity is a major health concern in the United States. The map shows the percentage of adults that struggle with obesity in each state. On the map, choose the 3 states where 35 percent or more of the adult population is obese. Alaska Washington Oregon United States of America California Idaho Nevada Utah Arizona Montana Wyoming Colorado New Mexico North Dakota South Dakota Nebraska Kansas Minnesota Texas lowa Wisconsin Michigan Missouri Oklahoma Arkansas Illinois Indiana Ohio Kentucky Tennessee Mississippi Alabama Pennsylvania Vermont New York West Virginia South Georgia Carolina Maine New Hampshire Massachusetts -Rhode Island Connecticut -New Jersey - Delaware Mary land Virginia Washington, DC North Carolina Explain Harvey's error in the following scenario.Harvey's sow has just delivered five piglets. The veterinarian has examined the mother and babies, thepiglets have nursed, and it is time for everyone to get some rest. Harvey has filled the pen with clean, drystraw, and he puts all the pigs in the pen to spend their first night together. for a supplement to have the usp designation listed on that product, it must meet the standards for ____ Why is imperialism still significant in 2022? in a class of 40 students, 20 have examination scores below 77% and 20 have scores above 77%. which measure(s) of central tendency can you immediately determine?