subject
Business, 18.08.2021 02:20 amourayanna321

Flint Corporation traded a used truck (cost $20,400, accumulated depreciation $18,360) for a small computer with a fair value of $3,366. Flint also paid $510 in the transaction. Required:
Prepare the journal entry to record the exchange, assuming the exchange lacks commercial substance.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 02:30
The cost of capital: introduction the cost of capital: introduction companies issue bonds, preferred stock, and common equity to aise capital to invest in capital budgeting projects. capital is』necessary factor of production and like any other factor, it has a cost. this cost is equal to the select the applicable security. the rates of return that investors require on bonds, preferred stocks, and common equity represent the costs of those securities to the firm. companies estimate the required returns on their securities, calculate a weighted average of the costs of their different types of capital, and use this average cost for capital budgeting purposes. required return on rate: when calculating om operations when the firm's primary financial objective is to select shareholder value. to do this, companies invest in projects that earnselect their cost of capital. so, the cost of capital is often referred to as the -select -select and accruals, which a se spontaneously we hted average cost of capital wa c our concern is with capital that must be provided by select- 쑤 interest-bearing debt preferred stock and common equity. capital budgeting projects are undertaken, are not included as part of total invested capital because they do not come directly from investors. which of the following would be included in the caculation of total invested capital? choose the response that is most correct a. notes payable b. taxes payable c retained earnings d. responses a and c would be included in the calculation of total invested capital. e. none of the above would be included in the cakulation of total invested capital.
Answers: 2
question
Business, 22.06.2019 10:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)
Answers: 1
question
Business, 22.06.2019 18:30
You should typically prepare at least questions for the people who will host you during a job shadow. a. 3 b. 4 c. 5 d. 2
Answers: 1
question
Business, 22.06.2019 20:00
Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.
Answers: 3
You know the right answer?
Flint Corporation traded a used truck (cost $20,400, accumulated depreciation $18,360) for a small c...
Questions
question
Mathematics, 18.10.2020 06:01
question
Mathematics, 18.10.2020 06:01
question
Mathematics, 18.10.2020 06:01
question
Mathematics, 18.10.2020 06:01
question
Geography, 18.10.2020 06:01
question
Mathematics, 18.10.2020 06:01
question
Mathematics, 18.10.2020 06:01
question
Mathematics, 18.10.2020 06:01
question
Mathematics, 18.10.2020 06:01
question
Advanced Placement (AP), 18.10.2020 06:01
Questions on the website: 13722360