Business

Equipment with a cost of $83,647, an estimated residual value of $5,994, and an estimated life of10 years was depreciated by the straight-line method for 6 years. Due to obsolescence, it wasdetermined that the remaining useful life should be shortened by 3 years and the residual valuechanged to zero. The depreciation expense for the current and future years isOa. $3,705.52Ob. $4,117.24Oc. $37,055.20Od. $46,591.80
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Buying an investment property has positive and negative aspects. List three positive and three negative aspects of buying aninvestment property ?
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Asim and Ahmed have a restaurant business on a Mudaraba contract basis. Asim is the Rabulmall and Ahmed is the Mudrarib of the business. It is a common practice in the 1 restaurant business to sign a takaful contract against the risk of fire, theft, and burglary. However, in order to save the costs of a takaful contract, Ahmed didn't buy a takaful contract. During the year, a fire broke out in the restaurant leading to a substantial loss. According to the term of shariah-compliant Mudaraba contract who will bear the loss? Please elaborate and justify the rights and responsibilities of each partner and the circumstances under which each partner is liable for the losses? Would your answer change if Asim and Ahmed had a Musharaka contract? Please elaborate and distinguish between the rights and responsibilities in this instance
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Once of the products of Hearts and Flowers is a one-pound box of chocolate candy, packaged in a box bearing the customer's logo(minimum order, 100 boxes). The standard cost of the chocolate cand used is $2 per pound. During November, 20,000 of the one-pound boxes were produced, requiring 20,800 pounds of chocolate candy at a total direct materials cost of $42,640.Determine the materials price and quantity variances for November with respect to the candy used in producing this product.How do I determine the materials price and quantitiy variances for November with respect to the candy used in producing this product?
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Port Automotive Supply enters into a contract to supply CraneElectrocar Company with 310 automotive tires at a price of $39 pertire on August 4, 2021. The tires were delivered to Crane onSeptember
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Which of the following is (are) CORRECT about autonomous expenditure?A rise in consumer confidence increases it A rise in autonomous investment changes that slope of the AE curve A rise in disposable income increases it All of the answers are correct
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Ali declares bankruptcyle, owing the County $2,000 in property taxes. The County * writes off the unpaid amount as uncollectible. What entry should the County make to record the writes off the unpaid amount as uncollectible
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Compute a companys profits. (CO3)Create a balance sheet. (CO3)Measure a company's cash flows. (CO3)Describe the limitations of financial statements. (CO3)Calculate financial ratios to evaluate
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Provide entries for petty cash account Co A opens a petty cash account for $ 400 At the end of the month there is $ 57 in the account and travel receipts of $ 324.The company replenishes the account to $ 400 in cash. The company increase the petty cash account to $ 475.
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Please answer either question C1 or C2. C1. In a country with a small open economy, government has ordered a mass domestic introduction of fully automatic retail and teller machines in all shops/supermarkets for consumers to reduce human contact during pandemic. All displaced shop assistances and cashiers have received 6-month wages and free retraining programs supported by the government and get employment in other sectors. Imagine that the cost of such technology has been reduced considerably, while quality is improved. (1) Using 3-equation macroeconomic model for Open economy with labour market, draw a relevant diagram and explain the likely possible effects of these automation technology and the government measures on the key macroeconomic indicators. Clearly state your assumptions and explain any shifts in your diagram (10 points). Explain your economic arguments, and identify likely short-term macroeconomic impacts of this mass automation technology and government measures on: (a) the labour market equilibrium (3 points), (b) private investment (3 points), (c) real exchange rate (3 points). (d) output (3 points) (e) inflation (3 points). (iii) What are likely responses by the Central Bank to these changes? Discuss how the central bank and the treasury (ministry of finance) could respond by adjusting monetary and/or fiscal policies when facing such mass automation challenge (5 points).
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Using a graphical approach, consider the effect of an increase in the world interest rate from r' to r>r. Suppose that the currency is pegged at & and that the initial nominal wage is WA. Assume further that prior to the shock the economy operates at full employment. Suppose that in response to the shock, the government subsidizes wages at the rate 71. Suppose further that 71 is smaller than the minimum subsidy that ensures full employment. Compare the equilibrium under the insufficient wage subsidy to the one associated with the minimum wage subsidy that ensures full employment. In particular, discuss possible differences in the equilibrium levels of employment, the nominal price of nontradables, the nominal wage, and the relative price of nontradables.
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(a) An amount of $100 is deposited into an account at the end of the 1st year, after which payments of $200, $400, $600,... are deposited at the end of every 2 years, that is, there will be a payment of $200 at time 3, a payment of $400 at time 5, and so on. The last payment will be made at the end of the 15th year. Determine the present value if the annual effective rate of interest is 2%. Round your answer to the nearest cent. [7] (b) An annuity-due consists of a first payment of $100, with subsequent payments increased by 7% over the previous one until the 10th payment, after which subsequent payments are level at the amount of the 10th payment. If the effective rate of interest is 7% per payment period, determine the present value of this annuity-due with 20 payments. Round your answer to the nearest cent
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please answer the correct ans with stepsthank you so muchOn a given Hong Kong-Singapore flight, there are 300 seats. Suppose the ticket price is $450 and the number of passengers who reserve a seat but do not show up for departure is normally distributed with mean 40 and standard deviation 14. The net cost of an involuntary boarding denial (if the number of passengers exceeds the number of seats) is $900 (everything considered including the original ticket price). If you sell 350 tickets, what is the probability that you won't need to deal with bumped passengers? 57% 67% 16% 76% O 24%
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Indah Bumi Sdn. Bhd. is an engineering company that has five cost centres, where three centres are production departments while another two are service departments. Over the years, the company has use
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in January2024, Summit Department Store sells a gift card for $130 and receives cash. In February 2024 the customer comes back and spends $100 of the gift card to purchase a water bottle. What is the financial statement effect of the sale of the gift card in January?multiple choice:a) Increase assets by $100, decrease liabilities by $30 and increase stockholders' equity by $130b) Increase assets by $130 and increase liabilities by $130c) Increase assets by $100, increase liabilities by $130, and decrease stockholders' equity by $30d) Increase assets by $130 and increase stockholders' equity by $130
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What is the primary weakness of both mediation andconciliation?a. They are extremely expensiveb. They do not involve litigationc. They do not always lead to an outcomed. They are not adversarial
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You are planning to buy a house in New Jersey. You put a 20%down payment, and 15-year mortgage rates are at 4.2% -Price of thehouse is $400,000.Calculate the 1st month interest payment.
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Question 2 (5 points) How can a good strategy make a difference in the success of a business. Give an practical example of a good decision/strategy that have made a huge impact on a company's success.
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Let's say you're starting a new data analytics business from home.discuss your opinion:Why it would be convenient and beneficial to run it at home. Also describe any restrictions or constraints you may face when doing business from home.
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Keshia Company purchased a machine for P3,000,000 on January 1, 2021. The entity received a government grant of P500,000 in respect of this asset. The policy is to depreciate the asset over 5 years on a straight line basis and to treat the grant as deferred income. On January 1, 2023, the grant became fully repayable because of noncompliance with conditions. What is the loss on repayment of grant in 2023?
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Back to Assignment Attempts Keep the Highest/2 5. Calculating tax incidence Suppose that the U.S. government decides to charge cola producers a tax. Before the tax, 25 million cases of cols were sold every month at a price of $5 per case. After the tax, 18 million cases of cola are said every month; consumers pay 36 per case, and producers receive $3 per case (after paying the tax). per case, and the The amount of the tax on a case of cola is per case. Of this amount, the burden that falls on consumers is per case. burden that falls on producers is True or False: The effect of the tax on the quantity sold would have been smaller if the tax had been levied on consumers. O True O False la BA05 N-Z W
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What are the three pillars of Basel II? What are the mainprinciples and novelties proposed in the Basel II capital accord?
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During the Pandemic period, some unemployed workers ceasedactively looking for jobs, the revised unemployment rate is__________ than the original unemployment rate.A. as same asB. smallerC. large
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3. Government Policies on Tariff and duties of India?4. Are Products partially allowed to be imported? On whatconditions of India?
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