Answer:
ɪ ᴅᴏɴᴛ ᴋɴᴏᴡ
ᴛᴀᴍᴏᴅ ᴛᴀᴍᴏᴅ ᴛᴀᴍᴏs
Sunland Company owns equipment that cost $73,000 when purchased on January 1, 2019. It has been depreciated using the straight-line method based on an estimated salvage value of $13,000 and an estimated useful life of 5 years. Prepare Sunland Company's journal entries to record the sale of the equipment in these four independent situations. (a) Sold for $39,000 on January 1, 2022. (b) Sold for $39,000 on May 1, 2022. (c) Sold for $22,000 on January 1, 2022. (d) Sold for $22,000 on October 1, 2022.
Answer and Explanation:
The journal entries are shown below;
(a)
Cash $39,000
Accumulated Depreciation $36,000 [($73,000 - $13,000) × 3 ÷ 5]
To Equipment $73,000
To Gain on Sale of Equipment $2,000
(being the sale of equipment is recorded)
(b)
Depreciation $4,000 [($73,000 - $13,000) ÷ 5 × 4 ÷12]
To Accumulated Depreciation $4,000
(being depreciation expense is recorded)
Cash $39,000
Accumulated Depreciation $40,000 ($36,000 + $4,000)
To Equipment $73,000
To Gain on Sale of Equipment $6,000
(being the sale of equipment is recorded)
(c)
Cash $22,000
Accumulated Depreciation $36,000
Loss on Sale of Equipment $15,000
To Equipment $73,000
(being the sale of equipment is recorded)
(d)
Depreciation $9,000 [($73,000 - $13,000) ÷ 5 × 9 ÷ 12]
To Accumulated Depreciation $9,000
(Being depreciation expense is recorded)
Cash $22,000
Accumulated Depreciation $45,000 ($36,000 + $9,000)
Loss on Sale of Equipment $6,000
To Equipment $73,000
(being sale of equipment is recorded)
Other things constant, an increase in the real GDP of a country will _____
a. shift the demand for money curve leftward.
b. decrease the nominal interest rate.
c. increase the price level.
d. decrease the quantity of money demanded.
e. shift the demand for money curve rightward.
Answer:
e. shift the demand for money curve rightward.
Explanation:
Increases in the aggregate income level or the real GDP will increase the demand for money. An increase in the demand for money is represented by a rightward shift (outward) of the demand curve of money. IN other words, the more money people or businesses earn the more they will demand since spending levels increase.
Select the correct answer.
Which of the following is a good resource to help you find a job opening?
A.
Employment offices
B.
Online sources
C.
Family, friends, and other contacts
D.
All of the above
Answer:
D All of the above
Explanation:
Help me!
Give few examples of resources that are at the risk of depletion.
Answer:
There are several types of resource depletion, the most known being: Aquifer depletion, deforestation, mining for fossil fuels and minerals, pollution or contamination of resources, slash-and-burn agricultural practices, Soil erosion, and overconsumption, excessive or unnecessary use of resources.
Aquifer depletion, deforestation, mining for fossil fuels and minerals, pollution or contamination of resources, slash-and-burn farming methods, soil erosion, and overconsumption, excessive or unneeded use of resources are some of the more well-known examples of resource depletion.
What natural resources are at risk of depletion?Minerals, oil, water, and forests are the resources that are most at risk of being exhausted. The primary driver of deforestation is agriculture, and as food prices rise, more land is being destroyed for crops. Deforestation is a major cause of carbon dioxide emissions, which contribute to global warming.
As of now, there are more than 7 billion people living on Earth, which has resulted in a significant strain on the natural resources that our planet provides due to the ever-increasing demand for these resources. Resource depletion is the correct word to use when the pace of resource use exceeds the rate of resource replenishment. Resource depletion is not a particularly fancy or difficult phrase, but it has been the focus of much research for some time.
Learn more about natural resources here:
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Influencer Technology is working to improve the level of quality and reduce the level of complaints in the services it provides to clients. Management hires a consultant who helps them test their accounting, inventory, training, sales, and marketing processes from top to bottom. Influencer is likely using the ________ process.
Answer:
Six Sigma
Explanation:
Six Sigma is a quality business management strategy which helps business organizations to improve the quality of processes, products and services by discovering and eliminating defects, variations or errors. It is a strategic business concept that was developed in 1986 by Motorola.
Under the six sigma approach, any process that doesn't provide customer satisfaction or causes challenges in an organisation's process should be eliminated from the system in order to produce quality products and services. It allows only 3.4 defective features for every million opportunities and as such expects processes to be defect free 99.99966 percent of the time.
Generally, there are two (2) main methods of achieving the six sigma approach;
1. DMAIC: define, measure, analyze, improve and control. it is a data-driven improvement cycle used for improving processes and driving Six Sigma projects.
2. DMADV: define, measure, analyze, design and verify.
In conclusion, Six Sigma is used by various organizations or professionals to improve the level of quality of their products or services, as well as reducing to the barest minimum, the level of complaints in the services it provides to clients. Also, the Six Sigma approach to quality control avails businesses the ability to detect potential problems early, so as to prevent their occurrence.
A law firm is an example of a
Corporation
Conglomerate
Partnership
Sole Proprietorship
Answer:
The answer to this question is the first option, Corporation.
Which is considered part of a person’s income for the year?
Answer:
Gross income is everything that an individual earns during one year, both as a worker and as an investor. Earned income includes only wages, commissions, bonuses, and business income, minus expenses, if the person is self-employed.
Explanation:
Sebastián compró 3 latas de pintura a 15.75 cada una marcada con un descuento del 20% cuánto pagó en total Sebastián en caja incluyendo el I.T.B.M.S
Answer:
37,8
Explanation:
Podemos hacer esto de dos formas.
Si compró 3 latas a 15,75, podemos encontrar el porcentaje de cada lata y luego multiplicar por 3. Como
20% * 15,75 =
20/100 * 15,75 = 3,15
15,75 - 3,15 = 12,6
Luego multiplicamos el 12,6 por 3.
12,6 * 3 = 37,8
De otra forma, podemos hacer la multiplicación primero. Como,
15,75 * 3 latas = 47,25
20% de 47,25 =
20/100 * 47,25 = 9,45
47,25 - 9,45 = 37,8
Entonces, en total, pagó 37,8
Write 3-5 sentences that explain what Demand is.
Why do you think it is important?
After the death of Solomon,
a. Israel was destroyed by the Phoenicians.
b. the judges again ruled Israel.
c. his kingdom split in two: the northern kingdom of Israel and the southern kingdom of Judah.
d. the prophet Isaiah seized the throne.
Answer:
c
Explanation:
King Solomon reigned over Israel from the period c. 970–931 BCE. He took over the throne from his father David.
He is noted for his extraordinary wisdom
He wrote three books in the Bible. they include
ProverbsEcclesiatessongs of SolomonAfter the death of King Solomon, his son, Rehobam took over as king of Israel. King Rehobam did not deal well with the Northern and Southern Israel. this led to the splitting of Israel into Judah and Israel
Distinguish between 'value' and 'price'.
What is the difference between business strategies and business models?
A. Business strategies focus on specific aspects of a business, while business models focus on how different aspects affect the whole business
B. Business models focus on specific aspects of a business, while business strategies focus on how different aspects affect the whole business.
C. Business strategies include long-term business plans, while business models include plans for daily business functions.
D. Business strategies incorporate forms of traditional business advertising, while business models incorporate the use of social media.
Answer:
B. Business models focus on specific aspects of a business, while business strategies focus on how different aspects affect the whole business.
Answer:
the answer is c
Explanation:
Trevor's new mastercard credit card has an introductory 6 month 0% APR. His average daily balance for the first month was $2,350. What is his finance charge for the first month
Answer:
$0
Explanation:
Since Trevor's new credit card is offered with an introductory promotion of 0% APR for the first 6 months, that means that the bank or credit card company will not charge interest rates for the first 6 months. Since the interest rate is 0%, the finance charge for the first month is also 0, but it doesn't mean that Trevor will not pay anything though.
what are the two advantages and two disadvantages in breakevean analysis
Answer:
Look at the explanation
Explanation:
Advantages:
1. Measure profit and losses at different levels of production and sales.
2. Predict the effect of cost and efficiency changes on profitability.
Disadvantages:
1. Assumes that sales prices are constant at all levels of output
2. Break even charts may be time consuming to prepare.
Hope this helps! :)
Suppose that you are a member of the Board of Governors of the Federal Reserve System. The economy is experiencing a sharp rise in the inflation rate. What change in the Federal funds rate would you recommend?
Answer:
Increase in the Federal fund rate
Explanation:
The Federal fund rate may be defined as the interest rate that the bank charges on another bank for an overnight loans. In other words it is the interest charged on the excess reserve that other borrows or lends overnight.
The Federal bank takes help of the Federal fund rates to keep a control on the inflation which encourages healthy economic growth.
In the context, when the economy of a country is experiencing sharp increase in inflation rate, I would recommend to increase the Federal fund rate so as to control the inflation rate being increased.
Both inflation rate and Federal fund rate are related closely to the relative availability of the reserves or the relative scarcity of he reserves in the Federal.
Explain how to identify which priced product you should show when you cannot determine a customer's intended price range?
Answer: When a customer doesn't have an idea of the priced product they want it is best to present to them a medium priced product, then begin adjustment of either going up or down based on their response.
Explanation:
Pricing in business can result to various outcome, because you are in bid to make the client buy the product, there occasions where you might state a high price and they buy and some other case they don't and they are case where you state a low price,they buy and you get affected by some loss. When a customer doesn't have an idea of the priced product they want it is best to present to them a medium priced product, then begin adjustment of either going up or down based on their response.
Which of the following steps in the college application process should be done as a junior, rather than as a senior?
1. Obtain your final high school transcript.
2. Register for the PSAT.
3. Write the essay that will accompany your application.
4. Gather letters of recommendation from teachers and mentors.
15 points instead of 10.
Answer:
4. Gather letters of recommendation from teachers and mentors.
Explanation:
Answer:
2. Register for the PSAT.
Explanation:
I'm a Mug Maniac.
When given one variable value, the value of other variables can be easily estimated. This applies to which type of graph? a. Line c. Scale b. Bar d. Both A and B Please select the best answer from the choices provided A B C D
Answer: A. Line!
Explanation: On Edge!!
2.1.1 Laterpreting
What is polynomial.?
Answer:
an expression of more than two algebraic terms, especially the sum of several terms that contain different powers of the same variable(s).
[tex] \huge \boxed{\mathfrak{Question} \downarrow}[/tex]
What are polynomials?[tex] \huge \boxed{\mathfrak{Answer} \downarrow}[/tex]
Polynomials are often sum of terms that are usually in the form :-[tex] \huge \sf \: a {x}^{2} + bx + c[/tex]
The powers in a polynomial are non-negative integer powers.Based on the number of terms in a polynomial, there are 3 types of polynomials. They are monomial, binomial and trinomial. Based on the degree of a polynomial, they can be categorized as zero or constant polynomials, linear polynomials, quadratic polynomials, and cubic polynomials.Which of the following refers to the way that interest added to an account earns
interest itself?
APY
compound interest
APR
annuity
Answer:
APY is when interest is added to an account that is earning the money so I belive that is the answer
Which of the following is the range for the numbers 44,47,49,53,55,62,63,63,68 and 74?
27
29
30
44
Answer:
30 is the range for the list
On July 1 of the current year, Bertram acquired a 25 percent interest in Sycamore Company, a partnership, by contributing property with an adjusted basis of $7,000 and a fair market value of $12,000. The property was subject to a mortgage of $8,000, which was assumed by Sycamore Company. What is Bertram's basis in his partnership interest in Sycamore Company immediately after the partnership contribution?a.$12,000b.$1,000c.$7,000d.$0e.None of these choices are correct2-Phil and Bill each own a 50 percent interest in P&B Interests. P&B Interests has ordinary income for the year of $35,000 before guaranteed payments to Phil. If Phil receives guaranteed payments of $20,000 during the tax year, what is the total income or loss that should be reported by Bill from the partnership for this tax year?a.$7,500 incomeb.$25,000 incomec.$5,000 incomed.$30,000 incomee.None of these choices are correct.3-Jamie decides to contribute cash and property to a partnership she and her friends started. She contributes a building worth $260,000 that has an adjusted basis of $100,000 and she also contributes $40,000 in cash. What is her basis in the partnership?a.$300,000b.$100,000c.$140,000d.$260,000e.None of these choices are correct.
Answer: See explanation
Explanation:
A. What is Bertram's basis in his partnership interest in Sycamore Company immediately after the partnership contribution?
= Bertram share % × (Fair market value - Mortgage)
= 25% × ($12000 - $8000).
= 25% × $4000
= 0.25 × $4000
= $1000
2. The total income or loss that should be reported by Bill from the partnership for this tax year will be:
= 50% × ($35000 - $20000)
= 50% × $15000
= $7500
3. Jamie basis in the partnership will be:
Building = $260000
Add: Cash contribution = $40000
Total = $300000
These mineral deposits can be found by plates boundaries because they brought to the surface through?
Incomplete question. The missing part of the text which adds some context read:
Minerals, such as aluminum, copper, and gold are non-renewable resources. When mineral deposits are found, they can be mined. These mineral deposits can be found by plate boundaries because they are brought to the surface through ______
Answer:
weathering
Explanation:
The term weathering when used in geography often refers to the process that involves the breaking down or dissolving of rocks or the minerals contained in the soil. This process could then lead to mineral deposits been brought to the surface of the soil.
Hence, based on this understanding, we can conclude that the best term to complete the gap is the "weathering".
You have been invited for an interview as a Reward manager for a large hospital. As part of the interview you are to make a brief presentation entitled ‘Total Reward Systems – how employees and employers’ benefit’. Outline and justify the main points that you would want to make.
Answer: When speaking during the program, I'll highlight that reward systems are encouragement systems which is beneficiary to both the employer and employee
Explanation:
Total reward system in organizations points to recognizing the efforts of staff, both those who do well and those who don't. It's a measure for analysing the performance of the workers and seek ways for them to improve.
When speaking during the program, I'll highlight that reward systems are encouragement systems which is beneficiary to both the employer and employee. How are they beneficial?
When workers are encouraged with rewards, it tends to boast their performance, thereby making them to improve on the existing method of working, this also serves as a pointer to those who didn't perform well to do better and be motivated, when all this are put in place the greatest beneficiary is the employers because the business grows.
What ways can you improve a company?
It’s too early for this and I need some assistance
Answer:
A
Explanation:
When we speak, we are either trying to inform, persuade, or entertain our audience.
A) True
B) False
Answer:
True
(This is filler writing, sorry.)
_____ is a career typically requiring a certificate from a vocational school program.
Actor
Lawyer
Sales clerk
Automotive mechanic
The insurance pathway includes workers who deliver services that transfer risk from an individual or business to an insurance company to protect individuals and businesses from financial losses. Question 1 options: True False
Answer:
true
Explanation:
i took the 7.01 finance quiz and got it right.
how to make decimal into scientific number?
i.g: 4.579×106
Answer:
4.579e+6 or 4.579E+6
Explanation:
4.579 × 10⁶ [scientific notation] = 4.579e+6 / 4.579E+6 [scientific e notation].
a × 10ⁿ = ae+n or aE+n