Hospital equipment that originally cost $150,000 was sold for $60,000. the net book value of the equipment at the date of sale was $70,000. the hospital should report:_________
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Hospital equipment that originally cost $150,000 was sold for $60,000. the net book value of the equipment at the date of sale was $70,000. The hospital should report a nonoperating loss of $15,000.
Equipment maximum usually refers to a fixed of gear or other objects normally used to attain a selected objective. exceptional jobs require specific forms of device.
Device is a tangible long-term asset that blessings a commercial enterprise over numerous years of use. computers, vehicles and manufacturing machinery are all examples of equipment. they're tangible due to the fact they have got a physical form—not like intangible assets (such as patents, emblems or copyrights) that do not.
A tool may be any item that is used to reap a intention. equipment commonly denotes a set of gear which might be used to achieve a particular objective.
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Related Questions
The top consumer complaint about bananas is how soon they start getting brown spots. Dole, a multinational agricultural company, most likely set ________ goal when it recently began adding stickers to bananas to promote the use of overripe bananas in the Yonanas machine (Dole owns 30 percent of the firm) to make a creamy, guilt-free dessert
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The top purchaser's grievance about bananas is how quickly they begin getting brown spots. Dole, a multinational agricultural company, most likely set a customer satisfaction goal when it recently began adding stickers to bananas to promote the use of overripe bananas in the Yonanas gadget (Dole owns 30 percent of the company) to make a creamy, guilt-unfastened dessert.
A consumer refers to an individual or organization that purchases goods or services for personal or commercial use. Consumers are the end-users of products or services and are an essential component of any business's success. Understanding consumer behavior, preferences, and needs is critical for companies to develop successful marketing strategies and design products that meet their customers' demands.
Consumer behavior is influenced by a range of factors, including personal preferences, cultural values, social norms, economic conditions, and marketing messages. Companies must invest in market research to gain insight into consumer preferences and needs and tailor their products and marketing strategies to meet these demands.
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The denominator activity is the ______. Multiple choice question. estimated total overhead cost actual total overhead cost actual total of the allocation base estimated total of the allocation base
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The denominator activity is defined as the estimated total overhead cost.
This is important during budget preparation so as to have an idea of the
amount needed to run a project.
The denominator activity is also referred to as denominator level and in
situations where there is an increasing or decreasing inventory in an
organization, a lower or higher denominator level is needed respectively.
This helps to ensure that there is an increase in absorption costing income
when at lower denomination level and decrease in absorption costing
income at higher denomination level.
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Benny's Baos had an edge in the market, but other companies began to enter the market. Benny is now losing customers even though he has launched an aggressive marketing campaign in an attempt to attract customers. Benny's Baos is likely in the ______ stage of the industry life cycle.
Answers
Since the company is losing customers despite aggressive marketing campaign, then, it is most likely in the decline stage of the industry life cycle
What is an industry life cycle?The industry life cycle is a cycle that depict the an industry based based on the business characteristics in different phases.
The phases of the industry life cycle includes:
introductiongrowthmaturitydecline stages.In conclusion, because the company is losing customers despite aggressive marketing campaign, then, it is most likely in the decline stage of the industry life cycle.
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Which practical questions should a potential buyer ask? A. What can go wrong?
B. What are the alternatives?
C. Is risk avoidable?
D.What is the likely return?
E. Is the risk worth the return?
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Options A, D, and E are the real-world inquiries a potential buyer should make.
What pertinent inquiries need a prospective buyer to make?The questions potential buyer should ask are stated below:
What could possibly go wrong?To determine the potential risk that might arise after acquiring the goods, this question is posed.
How likely is the return?The purpose of this inquiry is to ascertain whether using the product would be advantageous.
Does the danger outweigh the reward?Only if the possible advantage outweighs the potential risk should the transaction be done.
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Analyse why the social benefit of education exceed the private benefit
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Answer:
dddddddddddd
Explanation:
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What is the Importance of sales promotion
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Need help with 8-16 please.
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Answer:1. Here is Mrs. Moon’s first design. are the sandboxes.
Use a centimeter ruler and a prot
Explanation:
The branch of economics that examines the economy as a whole is called.
Answers
The branch of economics that examines the economy as a whole is called Macroeconomics.
What is macroeconomics?Macroeconomics studies the function of the entire economy of a nation, group of nations, or the world.
Microeconomics deals with individuals, households, organizations, and businesses as they interact within an economic system.
Thus, the branch of economics that examines the economy as a whole is called Macroeconomics.
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nancy donated an antique desk to her church that she paid $800 for six years ago. an appraisal indicates the current fair market value of the desk is $1,000. the church donated the desk to a family whose home was destroyed in a fire. as a result, nancy will be able to deduct
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The church donated the desk to a family whose home was destroyed in a fire. as a result, Nancy will be able to deduct $800.
The Church The word translated “church” in the English Bible is Ecclesia. The word is derived from the Greek kaleo (to call) with the prefix ek (from). Therefore, the word means "the called one." However, the English word "church" does not come from ecclesia, but from the word curiacon, which means "dedicated to the Lord."
To be a "church," a religious organization must engage in the administration of the priesthood and the conduct of religious services in accordance with the principles and practices of the particular religious group."
The mission of the church is to: To provide the way for the final establishment of the kingdom of God on earth, whose purpose is first to develop Christlike attributes in the lives of men, and second to To live is to transform society so that the world is a better and more peaceful place.
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fees for service are determined by which of the following?
Each bank
Each transaction
Each customer
Each branch of bank
Answers
Answer:
Each bank
Explanation:
Banks offer various types of services to customers such as funds transfers, check clearance, foreign exchange, among many others. Since the services are offered by the bank, it is the bank that charges the service fees. The banks also determine the amount of fees to charge per service.
Typically, a bank will apply uniform charges across all its branches. The charges for different services are determined by the bank's top management and apply to all its branches in a country.
Question 1
All of the below are examples of noteworthy news that could generate positive media mentions, EXCEPT
Hiring a new employee
A partnership with a local nonprofit that you donate to
Growth of your business into new markets or product lines
A new product or service rollout
Answers
Answer:
A new product or service rollout
Explanation:
While a new product or service rollout can be important for a business, it is not necessarily noteworthy news that would generate positive media mentions. Positive media mentions typically come from news that is unique, impactful, or of significant interest to the public, such as a partnership with a local nonprofit or growth of a business into new markets or product lines. Hiring a new employee is also noteworthy news, as it can demonstrate growth and success for a business.
When reversing the entry for a previously written off accounts receivable, the journal entry includes: a debit to Bad Debt Expense. a credit to Allowance for Doubtful Accounts. O a debit to Allowance for Doubtful Accounts. O a credit to Bad Debt Expense.
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The correct answer is:
a debit to Allowance for Doubtful Accounts.
a credit to Accounts Receivable.
When reversing the entry for a previously written off accounts receivable, the journal entry reduces the allowance for doubtful accounts and reinstates the accounts receivable. Since the allowance for doubtful accounts is a contra asset account, a debit is made to decrease its balance. At the same time, a credit is made to accounts receivable to restore the amount previously written off.
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On December 31 of the current year, Plunkett Company reported an ending inventory balance of $215,000. The following additional information is also available:Plunkett sold and shipped goods costing $38,000 to Savannah Enterprises on December 28 with shipping terms of FOB shipping point. The goods were not included in the ending inventory amount of $215,000.Plunkett purchased goods costing $44,000 on December 29. The goods were shipped FOB destination and were received by Plunkett on January 2 of the following year. The shipment was a rush order that was supposed to arrive by December 31. These goods were included in the ending inventory balance of $215,000.Plunkett's ending inventory balance of $215,000 included $15,000 of goods being held on consignment from Carole Company. (Plunkett Company is the consignee.)Plunkett's ending inventory balance of $215,000 did not include goods costing $95,000 that were shipped to Plunkett on December 27 with shipping terms of FOB destination and were still in transit at year-end.Based on the above information, the amount that Plunkett should report in ending inventory on December 31 is:_____________A. $194,000B. $209,000C. $200,000D. $171,000E. $156,000
Answers
The amount that Plunkett should report in ending inventory on December 31 is: E. $156,000.
Ending inventoryUsing this formula
Ending inventory= Ending inventory balance - FOB destination goods purchased - Goods being held on consignment
Let plug in the formula
Ending inventory= $215,000 - $44,000 - $15,000
Ending inventory= $156,000
Therefore the correct option is E.
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calculate the percent increase in total MSW generation from 1980 to 2012
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The percent increase in total MSW generation from 1980 to 2012 is approximately 65.8%
To calculate the percent increase in total Municipal Solid Waste (MSW) generation from 1980 to 2012, we need to first find the difference between the total MSW generated in 1980 and 2012, and then divide it by the MSW generated in 1980.
According to the U.S. Environmental Protection Agency, the total MSW generated in the United States in 1980 was 151.6 million tons, while in 2012 it was 251.3 million tons. Therefore, the difference between the two figures is:
251.3 million tons - 151.6 million tons = 99.7 million tons
To calculate the percentage increase, we divide the difference by the MSW generated in 1980:
(99.7 million tons / 151.6 million tons) x 100 = 65.8%
Therefore, the percent increase in total MSW generation from 1980 to 2012 is approximately 65.8%.
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Chapman Company obtains 100 percent of Abernethy Company's stock on January 1, 2017. As of that date, Abernethy has the following trial balance Debit Credit Accounts payable $ 56,700 Accounts receivable 43,800 Additional paid-in capital 50,000Buildings (net) (4-year remaining life) 143,000 Cash and short-term investments 80,250Common stock 250,000 Equipment (net) (5-year remaining life) 295,000Inventory 110,500 Land Long-term liabilities (mature 12/31/20) 112,000 Retained earnings, 1/1/17 171,000 Supplies 268,750 Totals $796,450 796,450 During 2017, Abernethy reported net income of $122,500 while declaring and paying dividends of $15,000. During 2018, Abernethy reported net income of $159,250 while declaring and paying dividends of $49,000 Assume that Chapman Company acquired Abernethy's common stock for $675,790 in cash. Assume that the equipment and long-term liabilities had fair values of $316,300 and $137,960, respectively, on the acquisition date. Chapman uses the initial value method to account for its investment. Prepare consolidation worksheet entries for December 31, 2017, and December 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
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A financial statement that combines the financial information of a parent company and its subsidiaries is called consolidated worksheet.
What is an example of consolidated worksheet in this problem?Consolidation Worksheet Entries for December 31, 2017:
Debit: Investment in Abernethy Company $675,790
Credit: Cash $675,790
Debit: Equipment (net) $316,300
Credit: Investment in Abernethy Company $316,300
Debit: Long-term liabilities $137,960
Credit: Investment in Abernethy Company $137,960
Debit: Income from Abernethy Company $122,500
Credit: Investment in Abernethy Company $122,500
Debit: Dividend revenue $15,000
Credit: Investment in Abernethy Company $15,000
Consolidation Worksheet Entries for December 31, 2018:
Debit: Income from Abernethy Company $159,250
Credit: Investment in Abernethy Company $159,250
Debit: Dividend revenue $49,000
Credit: Investment in Abernethy Company $49,000
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State 5 differences betweeen a stencil suplicator and a spirit duplicator
Answers
Answer:
spirit duplication is a method of reproducing documents where a spirit duplicator is used. The master copy is prepared from which copies are produced.
I hope is helpful
please i want to be a branalist
Explanation:
a product line is most likely too long if managers can ________.
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a product line is most likely too long if managers can't effectively manage and allocate resources.
A product line becomes too long when managers struggle to effectively manage and allocate resources across the various products in the line.
When a product line is extensive and includes numerous products, it becomes increasingly challenging for managers to dedicate adequate attention, resources, and support to each product.
This can result in inefficiencies, increased costs, diluted marketing efforts, and reduced focus on core products.
In such cases, managers may find it difficult to optimize production, distribution, and promotional activities, leading to diminished overall performance and potential negative impacts on the company's profitability and competitiveness.
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The adjusted trial balance of Indigo Corporation at December 31, 2017, includes the following accounts: Retained Earnings $16,651, Dividends $6,759, Service Revenue $35,644, Salaries and Wages Expense $13,785, Insurance Expense $1,799, Rent Expense $3,872, Supplies Expense $1,413, and Depreciation Expense $804.
Prepare an income statement for the year.
Answers
Answer:
$13,971
Explanation:
An income statement indicates the profit or loss a business makes in the financial period. Profits or loss is realized by subtracting expenses from revenue.
The revenue for Indigo Corporation is $35,644,
Expenses
Salaries and Wages Expense $13,785
Insurance Expense $1,799
Rent Expense $3,872
Supplies Expense $1,413
Depreciation Expense $804
Total expenses $21,673
Income will be
=$35,644 - $21,673
= $13,971
Retained Earnings and Dividends are part of company profits. They are not business income or expenses.
Type the correct answer in the box. Spell all words correctly. What do inventory firms use when moving delicate products? Inventory firms use________ belts when moving delicate products.
its not multiple choice- need help!
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Answer:
conveyor belts
Explanation:
A conveyor belt is a moving band, e.g. a conveyor belt is used in airports when you are retrieving your luggage after you arrive to your destination. They can be used to transport bulk materials or delicate products. Their length also varies, since they can be very short, e.g. just a few feet, to very long, e.g. transport goods for many yards.
"XYZZ ADR represents 10% of the value of an XYZZ ordinary share. The ordinary shares trade on the London Stock Exchange, where the current price is 400 British Pounds (BP). The current exchange rate for the British Pound against the U.S. Dollar is $1.40. The ordinary share pays an annualized dividend of 12 BP, with payment made semi-annually. The XYZZ ADR is listed on the NYSE. If a customer places an order to buy $560,000 of the ADR on the NYSE, how much will the customer receive in each dividend payment?"
Answers
Answer:
$8,400
Explanation:
XYZZ ADR = 10% XYZZ ordinary share
Current price of ordinary shares trade = 400 British pounds
Pounds rate against the dollar = $1.40
Annualized Dividend pay = 12 pounds paid semianually
Dividend to be received on the purchase of $560,000 worth of ADR
Therefore ;
To calculate worth of XYZZ ADR
Dollar value of £400
400 * 1.4 = $560
10% of $560 = 10* 560 = $56 per ADR
Therefore, semiannual Dividend payed :
£12 / 2 = £6 every 6 months ; which is equivalent to (£6 * 10%) = £0.6 per ADR
Equivalent dollar value :
0.6 * $1.4 = $0.84 per ADR
AMOUNT OF ORDER TO BE PLACED / price per ADR
$560,000 / $56 = 10,000 shares
Dollar value of Dividend payed per share = $0.84
Dividend customer will receive :
10,000 * $0.84 = $8,400
What is TRUE about time as a factor in investing?
A.
The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.
B.
Time rarely plays a large role in investment decisions or outcomes, and typically waiting to make decisions lowers an investor’s overall risk.
C.
If you have 10 years or more to invest, opening a savings account can be a good option for high-risk, high-reward investing.
D.
If you have a shorter time period to invest because you are nearing retirement, a higher-risk investment is generally a better choice.
plz help :)
Answers
Answer:
A. The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.
Explanation:
This is basically the reason why younger investors can afford higher risks than older investors. If you are 60 years old, you will probably invest in very secure stocks or bonds. Instead, when you are 25, you can afford investing in risky stocks that have higher than average growth potential.
Answer:
The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.
Explanation:
I got it right on the test nun to worry about.
why is auditor important
Answers
Answer:
Auditors provide assurance of an organization's financial statements from an objective and independent opinion. It benifets the company by maintaining consistency, finding errors in their processing, or detecting fraud.
Teresa is considering purchasing a home for $220,000 by taking out a loan with an interest rate of 4.3% for 30 years. What would her monthly payment be?
Use the monthly payment formula to calculate the monthly payment for this loan:
M =
M = monthly payment
P = principal
r = interest rate
t = number of years
Answers
Answer:
$1,088.144
Explanation:
The applicable formula is as below as derived form annuity concepts.
M = PV × r
1 − (1+r)−n
where p= $220,000
r = 4.3% interest rate per year;
Per month interest rate = 0.043 /12=0.00358
r = 30 year, in months = 30 x 12 =360
Therefore
M= $220,000 x 0.00358
1-(1+0.00358) ^ - 360
M=$220,000 x 0.00358
1 - 0.2762
M = $220,000 x(0.00358 /0.7238
M = $220,000 x 0.00494611
M = $1,088.144
QUESTION 8 of 10: In a percentage lease, the landlord receives a
a) Assets
b) Expenses
c) Accounts payable
O d) Revenue
Submit
Answers
Answer:
d)revenue
Explanation:
the landlord receives a percentage of revenue earned from any business in addition to the base rent.
In a percentage lease, the landlord receives a revenue. Option d is correct.
What is percentage lease?A percentage lease is defined as one in which the tenant pays a base rent plus a percentage of any money generated while operating a company on the rental property.
A percentage lease pays the landlord a percentage of any business's revenue in addition to the base rent.
In comparison to a standard lease, the base rent is usually lower. The lower base rent is balanced out by the higher upside potential of a percentage lease.
Therefore, option d is correct.
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Cash is an _____.
A) asset
B) expense
C) none of the above
(question is from small business entrepreneurship A)
Answers
A. Asset
Explanation:
-asset is a useful or valuable thing
How does the changes in the Mexican peso affect your life?
Answers
Answer:
The Mexican peso produces higher returns than the U.S. dollar because of higher interest rates.
Explanation:
if your comparing the 2 places
Walmart can achieve a _____ using its relationships with suppliers to create an advantage that, ultimately, allows it to give customers low prices and good customer service.
Answers
Answer:
cost leadership/competitive advantage
1. Which of the following describes the relationship between successful marketing campaigns and increased sales or attendance?
A. Marketing campaigns can increase the attendance at a game due to the additional promotional strategies.
B. Marketing campaigns generally do not have an impact on game attendance.
C. Marketing campaigns usually result in decreased game attendance.
D. Unsuccessful marketing campaigns usually result in increased game attendance.
2.Which statements describes the advantages of either mass marketing or market segmentation? Only two correct answers.
A. Mass marketing is cost-effective.
B. Market segmentation is customizable.
C. Mass marketing targets a specific audience.
D. Market segmentation takes time to implement.
E. Mass marketing relies on the success of one strategy.
3.Which statements describe the advantages of either mass marketing or market segmentation? Only two correct answers.
A. Mass marketing is cost-effective.
B. Market segmentation is customizable.
C. Mass marketing targets a specific audience.
D. Market segmentation takes time to implement.
E. Mass marketing relies on the success of one strategy.
4.Which term describes how one brand compares to its competitors?
A. medium
B. positioning
C. mass marketing
D. market segmentation
Answers
A game's attendance may decline as a result of marketing campaigns' additional promotional tactics. Mass marketing focuses on a particular audience, and market segmentation can be customised.
What connection does there exist between marketing and sales?The tactics your organisation does to create interest in your business are referred to as marketing. The means by which you turn that interest into a transaction are sales. Cold, warm, and hot leads are attracted by marketing strategies, while full clients are acquired by sales techniques.
What attributes define a profitable marketing effort?Effective Marketing Campaign Elements Specified Public A Strong Offer An Advantage for Brand Awareness A successful marketing plan will draw in a sizable consumer base and pique their interest and excitement.
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Explain why it is necessary to evaluate your options when making a decision.
Answers
Answer:
It is important to evaluate your decision making, for certain outcomes of that decision may not be what you want them to be. ... When evaluating your decisions, you are looking at the whole situation, which gives you the whole perspective of the situation, and what all the outcomes can be for you
diego performs a contract with elwood to add a swimming pool to elwood's property, but elwood does not pay. diego can file a lien on elwood's property if, from the last date labor or materials were provided, he acts
Answers
Diego can file a lien on Elwood's property if, from the last date labor or materials were provided, he acts within 60 to 120 days.
Diego can file a lien on Elwood's property. In order to do so, Diego must first provide Elwood with a written notice of intent to file a lien. This notice must include a description of the work performed, the materials provided, and the amount due. Diego then has 90 days from the last date labor or materials were provided to file the lien with the county clerk or recorder in the county where Elwood's property is located.
Once the lien is filed, Elwood has a certain period of time to pay the amount due in order to release the lien. If Elwood does not pay, Diego can then proceed with a foreclosure action to foreclose on the lien.
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