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sladkih [1.3K]
1 year ago
9

Cliff Company traded in an old truck for a new one. The old truck had a cost of $130,000 and accumulated depreciation of $65,000

. The new truck had an invoice price of $135,000. Huffington was given a $63,000 trade-in allowance on the old truck, which meant they paid $72,000 in addition to the old truck to acquire the new truck. If this transaction has commercial substance, what is the recorded value of the new truck
Business
1 answer:
RSB [31]1 year ago
4 0

Answer:

the recorded value of the new truck is $135,000

Explanation:

The computation of the recorded value of the new truck is given below;

In the case when the transaction has the commercial substance so the recorded value of the new truck would be equivalent to the invoice price or the fair value i.e. $135,000

Hence, the recorded value of the new truck is $135,000

The same would be considered and relevant

And all other values are to be ignored

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RUDIKE [14]

Answer: B) ​subtle discrimination based on secondary characteristics.

Explanation:

There are Primary and Secondary Characteristics of Diversity.

Secondary Characteristics of Diversity are those attributes that can be changed and include but are not limited to, educational background, geographic location, income, marital status, weight, religious beliefs, and work experiences.

The attributes that Bob says he has no problems with are PRIMARY in nature but he seems to have problems with the weight and educational backgrounds of some employees and insinuates that they are less efficient at doing what he does.

This is subtle discrimination and it is based on their secondary attributes.

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1 year ago
g Tadeo Corp. has provided a part of its budget for the second​ quarter: Apr May Jun Cash collections $ 42 comma 000 $ 45 comma
timofeeve [1]

Answer:

A. 68,800

Explanation:

Cash balance at end of April is = Beginning cash balance on April 1st + Cash collection in April - Purchase of Materials in APril - Operating Expense in April - Capital Expenditures in APril =  14000 + 42000 - 7000 - 7000 - 5000 = 37000

Cash balance at end of May is = Beginning cash balance in May + Cash collection in May - Purchase of Materials in May - Operating Expense in May = 37000 + 45000 - 7200 - 6000 = 68,800

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1 year ago
You’ve decided the industry is mature. That means it has reached a point of market saturation. As a new player, you’ll need to t
OlgaM077 [116]

Answer:

intensity of rivalry

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You answer this question based on Porter's Five forces model. This model is used to analyze how stiff competition is in a given industry. It includes, threat of new entrants, bargaining power of suppliers, bargaining power of buyers, intensity of rivalry and threat of substitute goods. In this case, the leaders must address the intensity of rivalry because the market is already saturated with those three big companies. Therefore,  your company must evaluate level of homogeneity of products that already exists, consumers' switching costs and brand loyalty to come up with a competitive strategy.

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Bonnie and Clyde each own one-third of a fast-food restaurant, and their 13-year-old daughter owns the other shares. Both parent
yanalaym [24]

Answer:

Net income = $180,000

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adjusted net income = $105,000

the adjusted net income must now be divided equally between the 3 partners:

  • Bonnie: $35,000
  • Clyde: $35,000
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Their yearly gross income:

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  • Clyde: $35,000 + $35,000 = $70,000
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total taxable income = $65,000 + $70,000 + $45,000 = $180,000

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2 years ago
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Answer:

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Robert has loss of potential gain from the alternative available, his low income will made him to queue in order to get the concert ticket

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