On december 31, strike company has decided to sell one of its batting cages. the initial cost of the equipment was $310,000 with an accumulated depreciation of $260,000 depreciation has been taken up to the end of the year. the company found a company that is willing to buy the equipment for $55,000. what is the amount of the gain or loss on this transaction? a. gain of $55,000 b gain of $5,000 c. no gain or loss d. cannot be determined
Answers: 3
Business, 21.06.2019 20:20
If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p − 2q = 10, compare the quantity demanded and the quantity supplied when the price is $90. quantity demanded pairs of shoes quantity supplied pairs of shoes will there be a surplus or shortfall at this price? there will be a surplus. there will be a shortfall.
Answers: 3
Business, 22.06.2019 01:20
What cylinder head operation is the technician performing in this figure?
Answers: 1
Business, 23.06.2019 02:40
Rate of return, standard deviation, coefficient of variation personal finance problem mike is searching for a stock to include in his current stock portfolio. he is interested in hi-tech inc.; he has been impressed with the company's computer products and believes hi-tech is an innovative market player. however, mike realizes that any time you consider a technology stock, risk is a major concern. the rule he follows is to include only securities with a coefficient of variation of returns below 1.07. mike has obtained the following price information for the period 2015 through 2018:hi-tech stock, being growth-oriented, did not pay any dividends during these 4 years. a. calculate the rate of return for each year, 2015 through 2018, for hi-tech stock. b. assume that each year's return is equally probable and calculate the average return over this time period. c. calculate the standard deviation of returns over the past 4 years. (hint: treat this data as a sample.) d. based on b and c determine the coefficient of variation of returns for the security. e. given the calculation in d what should be mike's decision regarding the inclusion of hi-tech stock in his portfolio?
Answers: 3
Business, 23.06.2019 19:50
Dallas company uses a job order costing system. the company's executives estimated that direct labor would be $4,800,000 (160,000 hours at $30/hour) and that factory overhead would be $1,400,000 for the current period. at the end of the period, the records show that there had been 190,000 hours of direct labor and $1,100,000 of actual overhead costs. using direct labor hours as a base, what was the predetermined overhead rate? (round your answer to two decimal places.)
Answers: 3
On december 31, strike company has decided to sell one of its batting cages. the initial cost of the...
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