There is a gain on the disposal of the device of: Selling price - book value = $1,800 - (-$3) = $1,803.
a. The depreciation charge in year ten will be $0, as the asset will have been fully depreciated using the 200% declining balance method by year nine.
b. To calculate the book value at the end of year nine, we need to calculate the accumulated depreciation for the first nine years. Using the 200% declining balance method, the depreciation rate is 40% (200%/10 years). Therefore, the accumulated depreciation at the end of year nine is:
Year 1: $23,050 x 40% = $9,220
Year 2: $13,830 x 40% = $5,532
Year 3: $8,298 x 40% = $3,319
Year 4: $4,979 x 40% = $1,992
Year 5: $2,987 x 40% = $1,195
Year 6: $1,792 x 40% = $717
Year 7: $1,075 x 40% = $430
Year 8: $645 x 40% = $258
Year 9: $387 x 40% = $155
Total accumulated depreciation at the end of year nine = $23,053
Therefore, the book value at the end of year nine is:
Cost basis - accumulated depreciation = $23,050 - $23,053 = -$3 (rounded to nearest dollar)
c. To calculate the gain or loss on the disposal of the device, we need to compare the selling price to the book value at the time of disposal. If the selling price is higher than the book value, there is a gain. If the selling price is lower than the book value, there is a loss.
Book value at the end of year nine = -$3
Selling price after nine years = $1,800
Therefore, there is a gain on the disposal of the device of:
Selling price - book value = $1,800 - (-$3) = $1,803
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Sarah receives a semi-monthly salary of $933.20 and works a regular workweek of 40 hours. A. What is Sarah's hourly rate of pay? 5 marks b. If Sarah's gross earnings in one pay period were $1090.19, for how many hours of overtime was she paid at time and one-half regular pay
Answer:
$10.7677
9.72 hours
Explanation:
Given the following :
Semi-monthly salary = $933.20
Work hours per week = 40 hours
Hourly rate of pay =?
Monthly salary = 2 × $933.20 = $1866.40
Yearly pay = $1866.40 × 12 = $22396.8
Therefore, weekly pay ;
$22,396.80 / 52 = $430.7077
However, Sarah only works for 40 hours per week
Therefore, weekly pay equals;
$430.7077 / 40 = $10.7677
B) if gross pay = $1090.19
Therefore, amount of overtime paid equals:
$1090.19 - $933.20 = $156.99
If overtime pay is one-half regular pay, that is;
1.5 × $10.7677 = $16.152
Therefore, overtime hours equals
Total overtime paid / overtime pay rate
$156.99 / $ 16.152 = 9.719
9.72 hours
you hurt your back at work by falling of a ladder and are out of work for a month
Answer:
Uh, of course I'm not at work! I brutally broke my back. Ouch.
Which type of system would you find citizens paying higher taxes in order to have the Government provide some benefits for society such as healthcare, job training, and welfare programs
Answer:
ghihgihihgiogiog
Explanation:
The firm that makes a key component of the iphone outsources production of it to india and taiwan because:_______
The firm that makes a key component of the iPhone outsources production of it to India and Taiwan because:- the part can be made cheaply, and the firm spends the savings on research and development
What is outsourcing?The term "outsourcing" refers to a contract in which one company contracts another company to handle a task that is already being performed or that could be performed internally and, on occasion, entails the transfer of assets and workers from one company to another.
The notion, which The Economist asserts has "made its presence felt since the time of the Second World War, frequently entails the contracting of a business process (for example, payroll processing, claims processing), operational, and/or non-core operations, such as manufacturing, facility management, and contact centers and call center support.
The act of turning over control of governmental services to private businesses, even on a temporary basis, is known as outsourcing.
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d. How does the credit spread change with the bond? rating? Why????(Select the best choice? below.)
A. The credit spread decreases as the bond rating rises because? higher-rated bonds are riskier.
B. The credit spread decreases as the bond rating falls because? lower-rated bonds are riskier.
C. The credit spread increases as the bond rating rises because? higher-rated bonds are riskier.
D. The credit spread increases as the bond rating falls because? lower-rated bonds are riskier.
The credit spread increases as the bond rating falls because lower-rated bonds are riskier. So, the correct answer is D.
A credit spread is the difference in yield between two bonds of similar maturity but with different credit ratings. The credit spread can be an important factor in determining the relative value of two bonds.
When an investor buys a bond, they are essentially lending money to the bond issuer. The investor expects to receive regular interest payments and the return of their principal when the bond matures.
However, there is always a risk that the bond issuer may default on its payments or go bankrupt, in which case the investor may not receive their expected returns.
Bonds with lower credit ratings are considered riskier because the likelihood of the bond issuer defaulting is higher. To compensate for this higher risk, investors demand a higher yield (or interest rate) on these bonds.
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as firms enter a monopolistically competitive industry that is sustaining economic profits: group of answer choices total quantity demanded increases for the industry. the demand curve shifts to the left for the remaining firms in the industry. the market supply curve shifts to the left. the demand curve shifts to the right for the remaining firms in the industry.
In perfect competition, market demand and market supply determine the price. The total revenue of a company is equal to the market price multiplied by the quantity sold.
A company will close temporarily if the income it would obtain from producing is less than the variable costs of production. This occurs if the price is less than the average variable cost. A firm will exit a market if the revenue it would earn by staying in business is less than its total cost. Profit is income minus expenses. For gross profit, some expenses are subtracted. For net profit, subtract all expenses. Gross profit and operating profit are steps on the path to net profit. The ratio is calculated by dividing variable costs by the company net income. The company net income includes the sum of its returns allowances and discounts subtracted from total sales.
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How long will it take P6700 to accumulate to P7604.50 if the money is invested at 9% simple interest?
Answer: The answer is 1.5 years or about 1 year and 6 months.
Explanation: The formula used to solve the problem is
t = I / Pr
which is derived from the formula of Simple Interest (SI)
SI = Prt
where, P is the principal amount, r is the rate of interest and t is the time period.
Solving the sum step by step,
First, converting R percent to r a decimal
r = R/100 = 9%/100 = 0.09 per year,
to find out amount of SI we use,
SI = Final value - Principal amount = 7604.5-6700 = 904.5
then, we substitute the values that are known to us in the equation provided,
t = 904.5 / ( 6700 × 0.09 ) = 1.5
t = 1.5 years
Therefore, the time required to accumulate simple interest of 904.50
from a principal of 6,700 at an interest rate of 9% per year
is 1.5 years or 1 year and 6 months.
Which statement most accurately describes a conflict of commitment? It involves a monetary gain by one party over another party. It occurs when outside activities interfere with one’s responsibilities to an employer. It occurs when an institution does not follow the financial rules from a funding source. It can only occur between an institution and an outside organization.
Answer:
It occurs when outside activities interfere with one's responsibilities to an employer
Explanation:
Conflict of commitment occurs when the commitment of an employer to a defined terms of employment is shared with other engagements, either personal or with other parties which could lead to a decline in efficiency due to loss of maximum concentration.
This may not necessarily involve monetary gain but has a whole lot of ways through which it can affect productivity as concentration is shared.
It is always good to define activities that constitute conflict of commitment right from the time of forming an employment contract so that an employee can be guided with it.
Travaux publics des pays de loire // tppl what company is it ?.
Travaux Publics des Pays de la Loire (TPPL) is a French-based civil engineering company.
TPPL is a construction company that works in the Loire region. It has extensive experience in the following areas: networks (water, gas, electricity), civil engineering (construction of roads, bridges, tunnels, and the like), earthworks, and environmental work.
TPPL is a French-based civil engineering company. It has extensive experience in earthworks, environmental work, networks (water, gas, electricity), and civil engineering (construction of roads, bridges, tunnels, and the like). TPPL works mainly in the Loire region and has a long history of providing innovative construction solutions and quality workmanship to clients.
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The wrongful use of a threat to obtain a person's consent to a contract is known as?
The wrongful use of a threat to obtain a person's consent to a contract is known as duress. Duress occurs when one party coerces another party into entering into a contract against their will, using threats or force.
It undermines the principle of voluntary consent, which is essential for a contract to be legally binding. Duress can take various forms, such as physical harm, blackmail, or economic pressure.
For example, if someone threatens to harm another person if they do not sign a contract, that would be considered duress. Similarly, if someone threatens to reveal damaging information about another person unless they agree to a contract, that would also be duress.
In summary, duress is the wrongful use of threats to force someone to agree to a contract, and it renders the contract voidable.
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What is one advantage of leasing property instead of buying it?
A. The lessee has full control of the property.
B. The lessee's long-term costs are lower.
OC. The lessee can sell the property for income.
OD. The lessee has greater flexibility!
OD. The lessee has greater flexibility is the correct answer.
One advantage of leasing property instead of buying it is that the lessee has greater flexibility. Leasing a property allows the lessee to occupy the property for a specific period of time, usually several years, without the long-term financial commitment and responsibilities that come with ownership. This can be particularly advantageous for businesses or individuals who need to maintain flexibility in their operations or personal lives.
Leasing also provides the lessee with greater flexibility in terms of location. Rather than being tied to a specific property, the lessee can choose to lease a property in a location that is most convenient for their needs. This can be particularly useful for businesses that need to be located in specific areas to be close to suppliers or customers.
Another advantage of leasing property is that the lessee may have access to better amenities and facilities than they could afford if they were buying the property outright. This is because the lessor may have invested in the property to make it more attractive to potential lessees, such as by installing modern fixtures, amenities, or high-end equipment.
In conclusion, one advantage of leasing property instead of buying it is that the lessee has greater flexibility. This can provide businesses and individuals with the ability to adjust to changing circumstances and maintain greater control over their operations or personal lives. Additionally, leasing may provide access to better amenities and facilities that may not be affordable if the property were purchased outright.
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Why is it important for a human resource manager to carefully maintain
employee records?
Answer:
Certain records require employee privacy to be protected. Not maintaining and following best practices for employee record keeping leaves you vulnerable to defending yourself against lawsuits, labor investigations or audits.
Explanation:
Select the correct answer.
What does the Electronic Fund Transfer Act do?
O A.
It protects banks from malware and hackers.
O B. It establishes consumer rights relating to electronic banking.
• C.
gives the PCI Security Standards Council the right to monitor banks,
O D.
It defines the illegal activities in which hackers engage.
Answer:
Explanation:
establishes consumer rights relating to electronic banking.
A card issued by a bank that allows users to finance
a purchase.
Credit card
Debit card
Answer: Credit Card
Explanation:
Debit cards allow you to spend money by drawing on funds you’ve deposited at the bank.
Credit cards allow you to borrow money from the card issuer up to a certain limit in order to buy items or withdraw cash.
I hope this helps!
What does a good credit history do for consumers?
A. It helps them reduce their housing costs.
B. It allows them to get debit cards,
C. It makes it easier for them to get loans.
D. It keeps prices low.
SUBMIT
Answer:
C. It makes it easier for them to get loans.
Explanation:
Credit history shows how reliable a borrower is in repaying loans. A good credit history indicates that a person pays their debts on time. A customer with a good credit history manages their income and debts properly and is considered a low-risk borrower.
Lenders are always willing to offer credit facilities to customers with a good credit history. They view them as less likely to default on their debts.
If Sally gets paid 13$ per hour and she works 6 hours a day and 7 days a week, how much money will Sally make in 2 weeks?
Answer:
1092
Explanation:
13*6= 78
2 weeks = 14 days
14*78= 1092
Answer:
$1092
Explanation:
This is because if she gets paid 13 dollars you can do 13 x 6= 78 and then since theres 14 days in 2 weeks you can do 78 x 14 and get 1092.
How does thinking at the margin change the decision-making process.
Answer:
Decision making process are as follows
Identification of problem
Collection of problem
Analyzing the problem
Taking Multiple Alternatives
Selecting best alternates
Taking decision
TIME REMAINING
50:38
Which of these organisms have no seeds and no specialized tissues?
sequoia trees
orange trees
club moss
liverworts
Answer:
club moss I believe for it is a more simple organism
Answer:
It's D. Liverworts
Explanation:
I took the test on Edge
ATP is a vehicle manufacturing company which purchases most of the component from suppliers all around the globe. To minimize inventory costs, management decided to use Economic Order Quantity to control its inventory level. KWP is ATP’s long-term supplier for tire, and they have agreed to strict delivery time and quality requirement. Based on the 202X budget, the following information was collected from production:1. Based on pre-order, ATP requires 5250 units of tire each month for the first 4 months of the year and 3625 units of tires each month for the remainder of the year. 2. The carrying cost per unit is R2 per year. 3. The cost per order is R1,000.
Economic Order Quantity is 7071 units to control its inventory level. The following variables are necessary to determine the economic order quantity: demand rate, setup costs, and holding costs.
What are EOQ and its formula?The following is the EOQ formula. EOQ equals the square root of [(2 times demand times ordering cost)/carrying charge]. Demand. The EOQ's assumptions state that the demand is unchanged. The measure of demand is how much inventory is used annually or how many units are sold annually.
Given,
Annual Requirement = 50,000 ( 5250 x 4 + 3625 x 8)
Carrying cost = 2 per year
Order cost = 1000 per order
Required to calculate EOQ =?
EOQ = square root of [(2 times demand times ordering cost)/carrying charge]
EOQ = √ 2 x 50000 x 1000/2
EOQ = √50,000,000
EOQ = 7071 units
Thus, the EOQ is 7071 units. Economic order quantity is crucial since it aids businesses in effectively managing their inventories. Without these inventory management strategies, businesses will frequently store excess inventory during times of low demand while holding insufficient inventory during times of strong demand. Missed opportunities result from either issue.
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what happens to the expected waiting time if customer arrival rate doubles
The anticipated wait time will increase if the pace of customer arrival rate doubles since there will be more people coming and waiting in line.
The predicted wait time in a queue system depends on a number of variables, including the frequency of client arrival. If the service rate and system capacity stay the same but the customer arrival rate doubles, the anticipated waiting time would double. This is due to the fact that more clients are now entering the system, which will result in a rise in service demand as a whole. As a result, both the length of the line and the anticipated wait time will grow. The anticipated waiting time, however, might not alter considerably if the service rate is likewise increased according to the arrival rate.
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I need help ASAP!!!!
Answer:Feet
Explanation:
with what?
A cash flow statement can help you develop and determine budget categories.
a. True
O b. False
Does the Federal Reserve pay taxes?
Answer:
Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.
Explanation:
what is the bond quote for a $1,000 face value bond with an 8 percent coupon rate (paid semiannually) and a
The bond quote for this bond would be 100.
The bond quote represents the percentage of the bond's face value at which it is being traded in the market. In this case, since the bond has a 8 percent coupon rate and a 10-year maturity, it is considered a high-quality bond.
Therefore, the bond quote is equal to 100, indicating that the bond is trading at its face value. To calculate the bond quote, we need to determine the present value of the bond's future cash flows. Since the bond pays a semiannual coupon, we divide the annual coupon rate by 2 to get the semiannual coupon rate, which is 4 percent (8 percent divided by 2).
We then calculate the present value of the semiannual coupon payments and the face value payment at maturity using the semiannual yield to maturity. In this case, since no yield is given, we assume the yield to maturity is equal to the coupon rate of 8 percent.
Using a financial calculator or spreadsheet, we can calculate the present value of the semiannual coupon payments and the face value payment at maturity. Adding up these present values gives us the bond's market price. If the market price equals the face value, the bond quote is 100.
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on page 10 Lewis writes, “Tragically, even after the Holocaust, antisemitism continued to fester in Poland and other countries.” Lewis uses "fester"
Lewis uses the word "fester" to underscore the ongoing struggle against antisemitism, emphasizing the need for continued vigilance and action to combat this persistent problem.
In this context, Lewis uses the word "fester" to describe the persistent and destructive nature of antisemitism in Poland and other countries after the Holocaust. The term "fester" implies a process of infection, decay, and worsening of a problem over time, which is an apt description of how antisemitism persisted and grew despite the devastating impact of the Holocaust on the Jewish population. By using the word "fester," Lewis conveys a sense of urgency and gravity about the issue of antisemitism, highlighting how it can linger and worsen if not addressed effectively. The use of this term also suggests that the problem of antisemitism is not a passive or benign condition, but rather an active and destructive force that can cause significant harm to individuals and communities.
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The following information pertains to Guy's Gear Company: $$7,000 Sales Expenses: $54,500 Cost of Goods Sold Depreciation. Expense Salaries and Wages Expense 6,900 12,900 74,500 Net Income $14,700 Accounts Receivable Decrease $4,900 Inventory Increase 8,900 Salaries and Wages Payable Increase $40 Required: Present the operating activities section of the statement of cash flows for Guy's Gear Company using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) GUY'S GEAR COMPANY Cash Flows from Operating Activities-Indirect Method Adjustments to Reconcile Net Income to Cash Provided by Operating Activities Changes in Current Assets and Current Liabilities Required: Present the operating activities section of the statement of cash flows for Guy's Gear Company using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) GUY'S GEAR COMPANY Cash Flows from Operating Activities-Indirect Method Adjustments to Reconcile Net Income to Cash Provided by Operating Activities Changes in Current Assets and Current Liabilities
Net cash provided by operating activities of $23,640 is found by adding back the $12,900 depreciation expense and subtracting the increase in salaries and wages payable of $40 from net income of $14,700.
Cash Flows from Operating Activities - Indirect Method: $$14,700 Net Income Adjustments to reconcile net income to cash provided by operating activities Depreciation Expense $12,900 Decrease in Accounts Receivable $4,900 Increase in Inventory $(8,900) Increase in Salaries and Wages Payable $40 Net cash provided by operating activities $23,640Changes in Current Assets and Current Liabilities: Decrease in accounts receivable $(4,900) Increase in inventory (8,900) Increase in salaries and wages payable $40
The changes in the current assets and current liabilities are the remaining components of the operating activities section of the statement of cash flows. An increase in accounts receivable results in a decrease in cash and a decrease in accounts receivable results in an increase in cash. An increase in inventory is a use of cash and a decrease in inventory is a source of cash. An increase in salaries and wages payable is a source of cash and a decrease in salaries and wages payable is a use of cash. Liabilities refer to the financial responsibilities or obligations that a company has to pay or give up in the future due to past transactions or events.
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A demand curve displaying the relationship between the price of cars and the quantity demanded of cars should have a slope that is Group of answer choices less than 0. between zero and 1. between one and infinity. undefined.
Answer:
A demand curve displaying the relationship between the price of cars and the quantity demanded of cars should have a slope that is a. less than 0.
Explanation:
A demand curve displaying the relationship between the price of cars and the quantity demanded of cars should have a slope that is a. less than 0.
Which is NOT one of the four common approaches to determine R&D budget allocations?A) Finance as many project proposals as possible.B) Budget for R&D about what competitors spend.C) Use a percentage-of-costs method.D) Decide how many successful new products are needed and work backwards to estimate the required R&D investment.E) Use a percentage-of-sales method.Ch 4 p. 111
The option that is NOT one of the four common approaches to determine R&D budget allocations is option A) Finance as many project proposals as possible.
The four common approaches mentioned in the question are B) Budget for R&D about what competitors spend, C) Use a percentage-of-costs method, D) Decide how many successful new products are needed and work backwards to estimate the required R&D investment, and E) Use a percentage-of-sales method.
Option A) is not a recommended approach because financing every project proposal without considering the potential return on investment can lead to a waste of resources and a lack of focus on the most promising projects. It is important for companies to prioritize their R&D projects based on their potential for commercial success and allocate resources accordingly. The other options mentioned provide more structured and strategic approaches to R&D budget allocation.
Using a percentage-of-sales method is another common approach where companies allocate a percentage of their sales revenue towards R&D activities. This approach ensures that R&D investments are tied to the company's overall financial performance and growth objectives. However, this method can also be limiting as it does not consider the potential for new market opportunities or the need to invest in breakthrough technologies.
Overall, companies must carefully consider their R&D budget allocation strategy and choose an approach that aligns with their business objectives and growth ambitions.
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Explain how Transnet could respond to disruption as a risk by
making use of the ‘risk management process’
Transnet can ensure that it is prepared to deal with disruption risks. This process allows Transnet to identify potential disruptions, assess their impact, and develop and implement strategies to reduce their likelihood and mitigate their consequences. This helps Transnet to ensure that its services continue to operate smoothly, even in the face of disruptions.
Transnet could respond to disruption as a risk by making use of the ‘risk management process’ as follows:
Transnet is a state-owned enterprise that is responsible for managing South Africa's railway, ports, and pipeline infrastructure. It must respond to disruption risks in order to ensure that its services continue to run without interruption. Transnet's risk management process can assist it in identifying and addressing potential disruptions.
Explanation
Transnet's risk management process has the following steps:
1. Identify risks: The first step is to determine the sources of disruption and the likelihood of these risks occurring.
2. Analyze risks: The next stage is to assess the potential impact of these disruptions on Transnet's services and to prioritize them based on their severity
.3. Develop risk management strategies: The next stage is to develop strategies for reducing the likelihood of these risks and mitigating their consequences.
4. Implement risk management strategies: The next stage is to implement the strategies and monitor their effectiveness.
5. Review and improve the risk management process: The last stage is to evaluate the effectiveness of the process and make adjustments where necessary.
Conclusion
Therefore, by following this risk management process, Transnet can ensure that it is prepared to deal with disruption risks. This process allows Transnet to identify potential disruptions, assess their impact, and develop and implement strategies to reduce their likelihood and mitigate their consequences. This helps Transnet to ensure that its services continue to operate smoothly, even in the face of disruptions.
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Explain why and how human resources department evolved from personnel department. Discuss how the managers' perception of employees changed from 1970s to date.
The evolution of Human Resources (HR) from the Personnel Department reflects a broader shift in understanding employees' role in organizations.
HR now acknowledges employees as valuable strategic resources, a stark contrast to the 1970s perception of workers merely as a cost to be minimized.
In the 1970s and earlier, Personnel Departments primarily focused on administrative tasks such as payroll, hiring, and firing, with employees often seen as replaceable resources. However, with increasing competition, technological advancement, and the rise of knowledge-based economies, companies began recognizing the significant value employees bring to the organization's strategic direction. This led to the transformation of Personnel Departments into Human Resources. HR became responsible for employee development, strategic planning, performance management, and cultivating organizational culture. Nowadays, managers perceive employees as vital strategic assets that contribute significantly to competitive advantage. They emphasize talent management, employee engagement, and continuous learning, indicating a shift towards a more human-centric approach in organizations.
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