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Jet001 [13]
2 years ago
5

Holly, Inc. has a building that originally cost $562,500. Holly expects to be able to sell the facility for $160,500 at the end

of its useful life. The balance of the related Accumulated Depreciation account is $387,000. The residual value of the facility is:__________.
A. $226,500.
B. $175,500.
C. $160,500.
D. $402,000.
Business
1 answer:
storchak [24]2 years ago
6 0

Answer:

C. $160,500.

Explanation:

Depreciation: The depreciation is an expense that shows a reduction in the value of the fixed assets due to tear and wear, obsolesce, usage, time period, etc. It is shown on the debit side of the income statement. It is a non-cash item that does not affect the cash balance.

The formula to compute the depreciation expense under the straight-line method is shown below:

= (Original cost - residual value) ÷ useful life

The original cost is the purchase value of the assets

The residual value is the salvage value at the end of its useful life

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In an effort to provide some structure to the value perspective, David Garvin of the Harvard Business School identified eight di
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Answer:

the product or service was made according to the specifications

Explanation:

Professor <em>David Garvin </em>of Harvard University proposes 8 components or dimensions of quality in order to make the concept of quality of a product or service more operational and favor the understanding of how Quality Management can be applied in companies, both manufacturing and services.

1. Performance

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6 0
2 years ago
The Terrence Co. manufactures two products, Baubles and Trinkets. The following are projections for the coming year: Baubles Tri
MAXImum [283]

Answer:

Bauble to be sold for break even = 5484

Explanation:

Sales Mixture = 16000 : 8000 =  2:1                  2            :         1  

                                                                             Bauble         Trinkets  

Selling Price P.u (16/16) : (16/8)                         =       1                    2

Variable Cost  (6400/16000) : ( 11520/16000)  =     (0.4)              (0.72)

Contribution margin Per unit (Sp-Vc)                =      0.6                1.28      

Com-posit Cm 2 baubles 1 trinkets                   = 0.6*2+1.28*1 =   2.48  

Fix Cost Total  =  3200+3600 = 6800

Break-Even units =  6800/2.48 = 2741

Baubles 2742*2  = 5484*0.6 = 3290.4

Trinkets 2742*1   = 2742*1.28 = 3509.7

5 0
2 years ago
"A client, age 74 has $314,000 in her Traditional IRA. She is required to take an $11,000 RMD for this year. She does not need t
Schach [20]

Answer:

This action will result in her safe-guiding her investment portfolio in equities. For example, in a constant dollar plan, an investor keeps a constant dollar amount of the portfolio in equity securities.<em> If the equities' market value rises, the excess is transferred to fixed-income securities.</em>

Explanation:

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2 years ago
Naomi is sixteen and she would like to open a savings account. Select each of the steps she will need to take.
shtirl [24]
I think its all the above except for they might be trying to trick you because at sixteen a guardian or parent has to sign aswell.
6 0
2 years ago
Identify an element of a successful persuasive tweet.
Sever21 [200]

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Websites and Twitter accounts of businesses are strong marketing resources which can help to portray an optimistic and knowledgeable presence online.

The concepts underneath AIDA even now relate to micro-names, even though you likely won't use the complete, four-part plan. Using catching and interesting interest recipients, and seek to always have a call for action. Do not spread endless retweets, numerous tweets, or other things that are more distressing to your viewers than they receive.

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