If the price of a good is low, firms can increase profit by increasing output. Thus, the correct option in this regard is (c) firms would increase profit by increasing output.
When the price of a good is low, it indicates that the demand for the product is not very high in comparison to the supply of the product. This means that more units of the good are being supplied than being demanded in the market. In such a situation, the firms have to decide whether to increase the price of the product or increase output. The former might not be a feasible option as the demand for the product is already low, and a price increase could further decrease demand. Therefore, firms have to increase the output if they want to increase their profit.
When firms increase their output, they can benefit from economies of scale. Economies of scale refer to the reduction in average production costs as a result of an increase in output. As the firms increase output, they can take advantage of increased efficiency, which leads to lower production costs. This, in turn, results in an increase in profit. Thus, if the price of a good is low, firms can increase profit by increasing output.
So, option (c) is correct. The other options are not applicable in this situation:Option (a) - Firms cannot raise the price of the product when the demand for the product is low as it can further decrease the demand for the product, resulting in lower profits for the firms.Option (b) - The supply curve for the good will shift to the left when there is a decrease in supply, not when the price is low.Option (d) - When the price of a good is low, the quantity supplied of the good is not zero but, in fact, higher than the quantity demanded.
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Assume a company reported the following results: Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) The margin is closest to:
To determine the margin based on the given information, more specific data is needed. Without the actual figures for sales and net operating income, it is not possible to calculate the exact margin. Therefore, the margin cannot be determined with the provided information.
The margin is a financial metric that measures the profitability of a company by calculating the percentage of net operating income relative to sales. It represents the portion of each dollar of sales that contributes to operating income.
The formula to calculate the margin is:
Margin = (Net Operating Income / Sales) * 100
However, in the given question, the actual values for sales and net operating income are not provided. Therefore, it is not possible to calculate the margin accurately.
Based on the information provided, it is not possible to determine the margin. To calculate the margin, the specific values for sales and net operating income are required.
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Which statement about the Federal Reserve (the Fed) is true?
O Unless a person works there, the Fed has little impact on everyday life.
O The Fed determines the criteria banks must use to evaluate loan requests.
O The Fed sets monetary policy, which affects the interest rates banks offer.
O Because it is independent, the Fed reviews and approves the national budget.
A statement that is true on the Federal Reserve is that C. The Fed sets monetary policy, which affects the interest rates banks offer.
What does the Federal Reserve do ?The American central bank is known as the Federal Reserve System (FRS). It is conceivably the most potent financial organization in the entire globe and is sometimes referred to as "the Fed." It was established to give the nation a secure, adaptable, and stable financial and monetary system.
Its primary duties include controlling the money supply, establishing interest rates, and overseeing the financial system. In times of economic crisis, it also serves as a lender of last resort, as was shown during the financial crisis of 2008.
These powers of the Federal Reserve mean that it is the one which sets the monetary policy of the United States. This monetary policy will then affect the interest rates on loans, offered by banks.
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american business students may be at a disadvantage because ________.
American business students may be at a disadvantage because of a narrow focus on domestic markets and limited exposure to international business practices.
While American business education offers comprehensive training in various areas of business, the primarily domestic focus of the curriculum can limit students' understanding of global markets and international business dynamics. In an increasingly interconnected and globalized economy, this lack of exposure to international perspectives and practices can put American business students at a disadvantage compared to their counterparts from other countries.
International business involves unique challenges, such as cultural differences, varying legal frameworks, and diverse market conditions. Students who have a broader understanding of international business practices and global markets are better equipped to navigate these complexities and seize opportunities beyond their home country. They can develop cross-cultural competence, adaptability, and a global mindset, which are crucial skills for success in today's global business environment.
Furthermore, globalization has led to the integration of economies and increased competition on a global scale. Businesses must be able to compete in international markets and understand the nuances of conducting business across borders. Exposure to international business practices can provide students with insights into different strategies, approaches, and market dynamics, fostering a more well-rounded and adaptable skill set.
To address this disadvantage, many business schools in the United States have recognized the importance of international exposure and have incorporated international components into their curricula. This may include study abroad programs, international internships, guest lectures by global business leaders, or collaborations with international partner institutions. These initiatives aim to broaden students' perspectives and equip them with the knowledge and skills necessary to succeed in the global business landscape.
In summary, the primarily domestic focus of American business education can put students at a disadvantage in today's globalized economy. Expanding the curriculum to include international perspectives and providing opportunities for exposure to global business practices can help bridge this gap and better prepare American business students for success in the international arena.
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There are many different sources of income. Usually, most of an adult's income comes from _____.
dividends
rent
taxes
salary
Answer:
d. salary
Explanation:
There are many different sources of income. Usually, most of an adult's income comes from salary.
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Publishers and printing companies are both involved with books, magazines, and newspapers. One type of company is
considered part of the manufacturing section, because it produces the physical product: books, magazines,
newspapers, and so on. What sector does publishing belong to, since it does not produce a tangible product (until
printing transforms it into one)?
O primary, because it makes original content
secondary, because it transforms ideas into physical objects
tertiary, because it provides a service
quaternary, because it involves research
Answer:
quaternary, because it involves research
Explanation:
Lean manufacturing has been adopted by a variety of companies. How might a shoe manufacturer use this
manufacturing style to add more value to the shoes they sell? (Select all that apply.)
-Stockpile leather to get the most benefit from economies of scale
-Purchase leather in amounts matched to demand
-Base production levels on demonstrated capacity
-Include manufacturing operations in the design phase
Answer:
I think it is b c d
Explanation:
A doesnt support lean manufacturing because stockpiling will increase time needed for production, manufacturing. B, C, and D express ideas that support lean manufacturing. B supports having an even supply for even customers. C supports only making what you need limiting times. D describes the plan you will make in manufacturing which supports lean manufacturing.
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View Policies Current Attempt in Progress A company issues $25850000, 7. 4%, 20-year bonds to yield 8% on January 1, 2020. Interest is paid on June 30 and December 31. The proceeds from the bonds are $24315069. Using effective-interest amortization, what will the carrying value of the bonds be on the December 31, 2020 balance sheet? (Round answer to O decimal place, e. G. 52. ).
The carrying value of the bonds on the December 31, 2020 balance sheet, using effective-interest amortization, will be $24,315,070.
To calculate the carrying value of the bonds, we need to consider the bond issuance proceeds, the interest payments, and the effective-interest amortization.
The bond issuance proceeds were given as $24,315,069. The interest is paid semi-annually on June 30 and December 31. The coupon rate is 7.4%, and the market yield is 8%.
Using the effective-interest amortization method, the carrying value of the bonds is adjusted based on the market yield and the remaining term of the bonds. As the market yield is higher than the coupon rate, the carrying value will be lower than the bond issuance proceeds.
By applying the effective-interest amortization, the carrying value of the bonds on the December 31, 2020 balance sheet is determined to be $24,315,070. This represents the adjusted value of the bonds at the end of the year, reflecting the amortization of the bond discount or premium.
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Who do YOU like more
Joseph Biden or Donald Trump?
Please answer with you honest opinion.
Answer:
Explanation:
Joseph biden
Why did Constantine establish a new capital of the Roman Empire in Byzantium?
Answer:
From the year 330 and by order of the Emperor Constantine, the city of Byzantium became the capital of the Roman Empire. The main motivation behind this decision was strategic: the city of Byzantium, later renamed Constantinople, was located in what we know today as Istanbul, Turkey, on the intercontinental passage between Europe and Asia. Thus, this city was right in the middle of the main route that connected the Roman Empire with the cities of the Middle East, India and China, being fundamental for the control of said trade and the exercise of a notable political and economic influence in the region.
Dividends on common stock during Year 2 totaled $40 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $17.73 per share.
The price-earnings ratio for Year 2 is closest to:
A) 11.08
B) 17.73
C) 19.70
D) 12.40
The correct answer is option A) 11.08. To calculate the price-earnings ratio, we need to know the earnings per share (EPS) and the market price of common stock at the end of Year 2.
The EPS is calculated by subtracting the dividends on preferred stock from the net income and dividing the result by the number of outstanding shares of common stock. However, the net income and number of outstanding shares are not provided in the question, so we cannot calculate the EPS.
However, we can use the formula for the price-earnings ratio to solve for the EPS and then find the price-earnings ratio. The formula is:
Price-earnings ratio = Market price of common stock / EPS
Rearranging the formula to solve for the EPS gives us:
EPS = Market price of common stock / Price-earnings ratio
Substituting the given values into the formula gives us:
EPS = $17.73 / Price-earnings ratio
Now we can plug in each of the given price-earnings ratios to find the one that gives us the correct EPS:
A) EPS = $17.73 / 11.08 = $1.60
B) EPS = $17.73 / 17.73 = $1.00
C) EPS = $17.73 / 19.70 = $0.90
D) EPS = $17.73 / 12.40 = $1.43
The correct price-earnings ratio is the one that gives us the correct EPS. Since we do not have the net income and number of outstanding shares to calculate the EPS, we cannot determine the correct price-earnings ratio.
However, the question asks for the price-earnings ratio that is closest to the correct value, so we can choose the one that gives us the EPS that is closest to the correct value. The closest value is $1.60, which corresponds to a price-earnings ratio of 11.08. Therefore, the correct answer is option A) 11.08.
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which of the following is a market research technique that can be used to learn how prospective buyers of a product value the product's attributes? regression analysis sensitivity analysis conjoint analysis part-worth analysis
Answer: Conjoint Analysis.
What is Conjoint Analysis? Conjoint analysis is a survey-based statistical technique used in market research to learn how prospective buyers of a product value the product's attributes. It involves presenting participants with a series of product profiles that vary in terms of attributes such as price, quality, and features, and asking them to choose which one they would be most likely to buy.
This allows researchers to determine which attributes are most important to consumers and how they trade off different features when making a purchasing decision.
Part-worth analysis is a related technique that is often used in conjunction with conjoint analysis to estimate the relative importance of different attributes and levels.
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You work in a deli. Your busiest time of the day is the lunch hour rush, when many working people from nearby factories and businesses come to grab something quick to eat. Unfortunately, a new fast food restaurant is opening up next door to your deli. How can you avoid losing your lunch customers to this new competitor? 2.1Offer a solution to the problem described in the scenario by evaluating it against the eight (8) step problem-solving process.
To avoid losing your lunch customers to this new competitor, you need to develop a marketing and promotion plan to help attract and retain customers.
A solution based on the eight-step problem solving process would be:
Step 1 - Problem definition:
Entry of a new competitor in the market.Step 2 - Problem clarification:
A new fast food restaurant is opening next to its Delicatessen, which could pose a threat to the company as the main customers are workers from nearby companies who come for a quick bite to eat.Step 3 - Set goals:
The goals according to this scenario could be:
Maintain or increase monthly billing.Increase the company's revenue in the morning.Prospect new customers from social media.Step 4 - Identify the root cause of the problem:
The root cause of the problem is the fact that workers have the need for greater speed, which can be an opportunity for the fast food restaurant.Step 5 - Develop the action plan:
adapt your product to the customer's needs.provide discount coupons to the customer.create loyalty cards that guarantee 50% discounts for every 5 meals.create a delivery app.Step 6 - Execute the action plan:
The execution of the action plan is the stage where communication channels will be used to transmit your advertising.For each customer who goes to eat at Delicatessen, you can distribute loyalty cards and a discount coupon as a thank you.Staff training is also needed to make delivery of meals to the customer faster.Step 7 - Results evaluation:
In this step you should analyze the results of the new marketing actions implemented, observing the billing rates and customer behavior data.Step 8 - Continuously improve:
In the last step, therefore, it is necessary to identify and correct the possible flaws in the action plan in order to fix them and generate strength for quality and value creation for the customer through the services offered at the restaurant.Learn more here:
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Which financial statement summarizes a business’s incomes and expenses?
The main purpose of the BLANK statement is to present your business’s earnings for a given period as it summarizes your incomes and expenses.
Answer:
Income statement.
Explanation:
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
The income statement is a financial statement that summarizes a business’s incomes and expenses.
Hence, the main purpose of the income statement is to present your business’s earnings for a given period as it summarizes your incomes and expenses.
I need help to determine my grade
Answer:
Outstanding Checks should be subtracted from the bank side of the reconciliation because they were subtracted from the book balance when the checks were written.
Explanation:
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Plzzz help me with this one
Answer:
what the question.....
Think about a time when you tried to communicate an idea to someone who didn’t respond the way you had hoped. In three to four sentences, describe the situation and what you could have done differently to communicate your message.
Communicating an idea with the use of proper communication technique can be done if the person does not get the message you want to give.
If you want to communicate an idea to a particular person you can use various ways like giving explanations, using examples ,asking direct or indirect questions in the way you will get answers you want. Do not put anyone in imaginative situations.
The other way can be you can precise your message and keep it to the point so that it is easy to understand and communicate to get the response.
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Toy rubber balls are packaged in a cylinder that holds 3 balls. The diameter of each ball is 5.5 cm: Find the volume of the cylinder: Use 3.14 for T. The volume of the cylinder is about 'cm3 (Round to the nearest tenth as needed:)
The volume of a cylinder is given by V = πr²h, where r is the radius of the base, and h is the height. Here, we have a cylinder that holds 3 rubber balls.
Since the diameter of each ball is 5.5 cm, the radius of each ball is half of the diameter = 5.5/2 = 2.75 cm. Now, the height of the cylinder must be such that 3 balls can fit inside.
That means, the height of the cylinder is equal to three times the diameter of each ball. So, h = 3 × 5.5 = 16.5 cm. Now, the radius of the cylinder is equal to the radius of the ball, which is 2.75 cm.
So, the volume of the cylinder is:V = πr²h = π(2.75)²(16.5) ≈ 407.07 cm³Therefore, the volume of the cylinder is about 407.1 cm³ (rounded to the nearest tenth).
Hence, the solution includes more than 100 words.
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If a company replaces a major component of an asset with a new component with the same characteristics of an old component, it is classified as
Multiple choice question.
an addition
repairs and maintenance
an improvement
a rearrangement
If a company replaces a major component of an asset with a new component with the same characteristics of an old component, it is classified as a rearrangement.
Why do companies Rearrange?Company Changes to a company's organizational or financial structure are frequently included in rearrangement. A merger, rebranding, purchase, recapitalization, or change in leadership are typically used to accomplish this. Restructuring is the term used to describe this step of the reorganisation process.Rearrangement inside companies frequently happen in reaction to threats to the company's finances or other factors. Organizational changes enable businesses to address expensive inefficiencies, adapt to newly competitive markets, and create winning strategies. Potential advantages consist of: enhancing competitionReorganization may take many different forms, from relatively straightforward reconfiguration—splitting, dissolving, or combining company units—to significantly more intricate restructuring—fundamentally altering the resources, initiatives, and product offerings.Learn more about companies Rearrangement refer to :
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In the balance of payments, any transaction that leads to a receipt by a resident of a country is a
deficit item.
surplus item.
debit item.
minus item.
In the balance of payments, any transaction that leads to a receipt by a resident of a country is considered a surplus item.
Surplus items contribute to a positive balance of payments, indicating that the country is exporting more goods and services or receiving more financial inflows than it is importing or making payments to foreign entities.
The balance of payments is a record of all economic transactions between residents of one country and the rest of the world over a specific period. It consists of two main components: the current account and the capital and financial account.
The current account records transactions related to trade in goods and services, income flows, and unilateral transfers. The capital and financial account records capital flows, such as investments and loans, as well as changes in financial assets.
In summary, surplus items in the balance of payments refer to transactions that result in a receipt of funds or assets by a resident of a country. These transactions contribute to a positive balance of payments, indicating a surplus in the country's financial dealings with the rest of the world.
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A major goal of environmentally-friendly business is
O A. sustainability
B. globalization
O C. discrimination
O D. diversity
Answer:
A major goal of environmentally - friendly business is sustainability i. e. Option A.
Answer:
A. Sustainability
Explanation:
Apex
Prepare the adjusting entry for Rolando Caypuno Company under each of the following situations:
a. The Office Supplies account showed a beginning debit balance of P6,000 and purchases of P10,000. The ending debit balance was P4,000.
b. Depreciation for the office building is estimated to be P76,000.
c. A one-year insurance policy was purchased for P60,000. The company has been covered for the last four months.
d. Accrued interest on notes payable amounted to P15,000.
e. The company received a P144,000 advance payment during the year on services to be performed. By year-end, two-thirds of the services had been performed.
f. Payroll for the five-day workweek, to be paid on Friday, is P140,000. The last day of the period is a Wednesday.
g. Services totaling P7,800 had been performed but not yet billed or recorded.
please po!
The preparation of the adjusting entries for Rolando Caypuno company are as follows:
Adjusting Journal Entries:a. Debit Office Supplies Expenses $12,000
Credit Office Supplies P12,000
b. Debit Depreciation Expenses P76,000
Credit Accumulated Depreciation P76,000
c. Debit Insurance Expense P20,000
Credit Prepaid Insurance P20,000
d. Debit Interest Expense P15,000
Credit Interest Payable P15,000
e. Debit Deferred Service Revenue P96,000
Credit Service Revenue P96,000
f. Debit Wages Expense P140,000
Credit Wages Payable P140,000
g. Debit Accounts Receivable P7,800
Credit Service Revenue P7,800
What are adjusting entries:Adjusting entries are entries made at period-year to record all expenses incurred for the period but not paid for in cash or revenues earned but not received in cash.
Other adjusting entries include depreciation expenses and losses.
Transaction Analysis:a. Office Supplies Expenses $12,000 Office Supplies P12,000
b. Depreciation Expenses P76,000 Accumulated Depreciation P76,000
c. Insurance Expense P20,000 Prepaid Insurance P20,000
d. Interest Expense P15,000 Interest Payable P15,000
e. Deferred Service Revenue P96,000 Service Revenue P96,000
f. Wages Expense P140,000 Wages Payable P140,000
g. Accounts Receivable P7,800 Service Revenue P7,800
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international strategies have existed since before the beginning of recorded time. True or False
False. The concept of international strategies is closely linked to the development of trade and commerce across borders, which started to emerge during the Middle Ages.
International strategies:
While there were some instances of international relations before this period, such as diplomatic missions and military conquests, the idea of deliberately formulating strategies to achieve economic and political goals beyond one's own borders is a relatively recent phenomenon. For example, during the colonial era, European powers such as Britain, Spain, and Portugal developed strategies to expand their empires and secure resources from their colonies. Similarly, in the modern era, multinational corporations have formulated international strategies to penetrate new markets, optimize their supply chains, and minimize risks associated with doing business abroad. The concept of international strategies continues to evolve as globalization and technological advancements make it easier for businesses and nations to connect and interact across borders.
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How does saving influence economic activity?
How does saving influence economic activity? by making more money available to be used by individuals, businesses, and the government. When the borrowed money is spent, the demand for goods and services is increased, which creates more jobs and spending for workers.
The Italy can produce 20 Gas turbines and 60 Tyres. France can produce 80 Gas turbines and 30 Tyres.
a). What is the opportunity
cost of producing Gas turbines in Italy? ______ tyres.
b). What is the opportunity cost of producing Tyres in
France ? _______ Gas turbines.
Answer:
1. 60 Tyres
2. 80 Gas Turbines
Explanation:
Given that the Opportunity cost is an economics term that is used in describing the cost of an alternative that must be forgone to continue or proceed with a certain activity.
Hence, in this case, considering the available information in the question, the correct answer is that the opportunity cost of producing Gas turbines in Italy is 60 Tyres.
At the same time the opportunity cost of producing Tyres in France 80 Gas turbines.
Tamarisk's Market recorded the following events involving a recent purchase of inventory: Received goods for $120000, terms 2/15, n/30. Returned $2700 of the shipment for credit. Paid $700 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company's inventory increased by $114954. O increased by $118000. increased by $115654. O increased by $115640.
The company's inventory increased by $115,640. The correct option is "increased by $115,640."
Calculate the inventory increase step by step:
1. Received goods for $120,000 - This is the initial cost of inventory.
2. Returned $2,700 of the shipment for credit - This means you have to reduce the inventory cost by the value of the returned goods: $120,000 - $2,700 = $117,300.
3. Paid $700 freight on the shipment - Freight costs are added to the inventory cost, so: $117,300 + $700 = $118,000.
4. Paid the invoice within the discount period (2/15, n/30) - The discount is 2% if paid within 15 days, so: $118,000 * 0.02 = $2,360.
5. To find the final inventory cost, subtract the discount amount from the inventory value after adding freight costs: $118,000 - $2,360 = $115,640.
As a result of these events, the company's inventory increased by $115,640.
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You're been placed in charge of all promotion for a product that has common appeal in different cultures around the world. You'll most likely engage in a promotion.
Answer:
True
Explanation:
A product that has common appeal in different cultures around the world would indeed require engaging in promotion. Why? Because each culture may have unique consumer behaviors.
For example, a popular product like Coke that has common appeal in different cultures around the world often engages in promotion in order to still keep existing customers and to acquire new ones because of the presence of other competitors.
· Hope's contribution to her RETIREMENT plan...
a. is a post-tax contribution on which she pays federal income taxes
b. is pre-tax and therefore not included in federal income taxes
c. Is a contribution to her Social Security
d. is taxed at a rate of 15%
Based on Hope's check, her contribution to her RETIREMENT plan b. is pre-tax and therefore not included in federal income taxes.
What does the check say?The check notes that Hope's retirement contribution is not included in her federal taxable income.
This means that the contribution is paid pre-tax and will not be liable for federal income taxes. She will most probably pay taxes on the retirement fund when she withdraws from it.
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based on the table for a perfectly competitive firm above, if the wage rate for labor is $15, how many units of labor should the firm hire?
According to the table for a perfectly competitive firm above, the company should hire 3 units of labor if the hourly wage is $15.
MRP, or marginal revenue product, is the rise in sales brought on by the addition of a new variable input.
Based on the following decision criteria, the company decides to hire an firm additional unit of labor:
MRP=wages
The company should continue to hire new employees until its MRP is larger than or equal to the wages. When MRP is less than the pay, it should stop hiring employees.
Up to three units of work, MRP in the table is greater than wages. It indicates that a worker's marginal contribution exceeds the cost of recruiting an extra worker. According to the table for a perfectly competitive firm above, the company should hire 3 units of labor if the hourly wage is $15.
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Rashida purchased a machine for $5600. She sold it six years later for $500. At that date, the
provision for depreciation had a credit balance of $5040.
What entry was made in the income statement?
A credit $60
B debit $60
C credit $560
D debit $560
The entry made in the income statement in this scenario would be a debit of $560. So, the correct answer is D debit $560.
The provision for depreciation represents the accumulated depreciation of the machine over the six-year period. Since the provision had a credit balance of $5040 at the time of sale, it means that the total depreciation expense recognized over the six years was $5040.
To calculate the depreciation expense per year, we divide the total accumulated depreciation by the number of years (6). So, the annual depreciation expense is $5040/6 = $840.
When Rashida sold the machine for $500, it implies that the machine's carrying value or book value was reduced to $500. To account for this loss on disposal, the income statement entry will be a debit to Depreciation Expense for the remaining balance of the machine's book value, which is $840 - $500 = $340.
However, since the question asks for the specific entry made in the income statement, the amount to be debited will be the difference between the machine's original cost and its book value at the time of sale, which is $5600 - $500 = $5100.
Hence, the entry in the income statement will be a debit of $5600 - $500 = $5100. So, the correct answer is D debit $560.
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