Equipment as on 1st Jan,2018 370000
Add: Equipment Purchased 80000
Less: Equipment Sold (42000)
Equipment Balance as on 31st Dec,2018 $408000
Accumulated Depreciation as on 1st Jan 74000
Add: Depreciation for the year 30000
Less: Depreciation of asset sold (5600)
Accumulated Depreciation as on 31st Dec,18 98400
Answer:
The answer is: Ashley needs to collect information from the budgeted income statement, cash budget and capital expenditure budget.
Explanation:
The budgeted income statement is the forecast of next year's income statement.
The cash budget includes all the company's expected cash inflows and outflows estimating cash receipts and cash payments.
The capital expenditure budget includes all the money the company expects to invest in purchasing new long term assets or improving and maintaining existing long term assets.
Example of a functional team is c. Four architects working to complete plans for a new corporate office building in downtown New York
Functional teams serves as those temas that has an organizational members which work together o achieve a goal.
Therefore, functional team involves several vertical levels of the organizational hierarchy .
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Answer:
C
Explanation:
Four architects working to complete plans for a new corporate office building in downtown New York.
It is a specific functional team with a target for a corporate office in NY.
The correct statements are:
A market-clearing price often referred to as an equilibrium price, is the consumer cost associated with a good or service when supply and demand are equal or nearly equal. The manufacturer or seller is free to transfer as many units as they like, and the consumer is free to access as many units as they like.
Equilibrium prices often don't change much over time, but changes in supply and demand will always have an impact on pricing. Increases in the price of raw materials, for instance, can prevent a company from producing the same product without raising the cost or reducing the profit margin. The producer may end up producing fewer units and charging a higher price as a result.
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The items that describes what happens at the equilibrium price are:
Producers supply the exact goods that consumers buy.
Consumers have enough goods, at the given price.
Producers used their resources efficiently.
Equilibrium pricing is when the items demanded match the items supplied. When this happens, the demand and good available equal each other, hence, equilibrium. The pricing is exactly where it should be for consumers to want and purchase the good or service.
b. False
Answer:
True
Explanation:
Form 1040EZ is a short version of the 1040 form to file the income tax return. This form is used by people with a simple tax situation that have an income of less than $100,000 and have no dependents. Also, this form only have a few deductions available and because of this it is true that it is used by individuals who do not claim a lot of deductions.
B.)federal income tax
C.)property tax
D.)sales tax
Answer:
sales tax
Explanation: