Robertson Inc. prepares its financial statements according to International Financial Reporting Standards (IFRS). At the end of its 2021 fiscal year, the company chooses to revalue its equipment. The equipment cost $540,000, had accumulated depreciation of $240,000 at the end of the year after recording annual depreciation, and had a fair value of $330,000. After the revaluation, the accumulated depreciation account will have a balance of:

Answers

Answer 1

Answer:

$264,000

Explanation:

Calculation to determine what the accumulated depreciation account will have a balance of:

$240,000 x ($330,000/300,000) = $264,000

Therefore , the accumulated depreciation account will have a balance of:$264,000


Related Questions

An investor is in the 28​% tax bracket and lives in a state with no income tax. He is trying to decide which of two bonds to purchase. One is​ a(n) 5.98​% corporate bond that is selling at par. The other is a municipal bond with a 4.23​% coupon that is also selling at par. If all other features of these two bonds are​ comparable, which should the investor​ select? Why? Would your answer change if this were an​ in-state municipal bond and the investor lived in a place with high state income​ taxes? Explain.

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Part 1

If all other features of these two bonds are​ comparable, which should the investor​ select? Why? Would your answer change if this were an ​in-state municipal bond and the investor lived in a place with high state income​ taxes? Explain. Which is the best​ selection?  ​(Select the best choice​ below.)

A.

The investor should select the corporate bond. Since the fully taxable equivalent yield of 5.88​% is less than the 5.98% return on the corporate​ bond, the corporate issue offers a higher return and is the better buy. The decision very likely would change if this were an​ "in-state" municipal bond and the investor lived in a state with high income taxes. An​ "in-state" municipal bond would not only shield the investor from federal taxes but also from high state income taxes.

B.

The investor should select the municipal bond. Since the fully taxable equivalent yield of 5.88​% is less than the 5.98% return on the corporate​ bond, the municipal issue is the better buy. The decision very likely would change if this were an​ "in-state" municipal bond and the investor lived in a state with high income taxes. An​ "in-state" municipal bond would not only shield the investor from federal taxes but also from high state income taxes.

C.

The investor should select the municipal bond. Since the fully taxable equivalent yield of 4.23​% is less than the 5.98% return on the corporate​ bond, the municipal issue is the better buy. The decision very likely would change if this were an​ "in-state" municipal bond and the investor lived in a state with high income taxes. An​ "in-state" municipal bond would not only shield the investor from federal taxes but also from high state income taxes.

D.

The investor should select the corporate bond. Since the fully taxable equivalent yield of 4.23​% is less than the 5.98% return on the corporate​ bond, the corporate issue offers a higher return and is the better buy. The decision very likely would not change if this were an​ "in-state" municipal bond and the investor lived in a state with high income taxes. An​ "in-state" municipal bond would not shield the investor from federal taxes or from high state income taxes.

Answers

The investor should select the municipal bond. Since the fully taxable equivalent yield of 5.88% is less than the 5.98% return on the corporate bond, the municipal issue is the better buy. The decision very likely would change if this were an "in-state" municipal bond and the investor lived in a state with high income taxes. An "in-state" municipal bond would not only shield the investor from federal taxes but also from high state income taxes. The correct answer is option B.

The investor is in the 28% tax bracket and lives in a state with no income tax. When comparing the corporate bond with a 5.98% return and the municipal bond with a 4.23% coupon, the investor needs to consider the tax implications.

For the corporate bond, the investor would be subject to federal income tax on the full interest payment. However, for the municipal bond, the interest income is typically exempt from federal taxes. Therefore, the investor would only need to consider the state income tax, which is assumed to be zero in this case.

To compare the two bonds on an after-tax basis, we calculate the fully taxable equivalent yield (FTEY) of the municipal bond. The FTEY represents the pre-tax yield that would be required on a taxable bond to match the after-tax yield of the municipal bond.

In this case, the FTEY of the municipal bond is calculated as:

FTEY = Municipal bond yield / (1 - Tax rate)

= 4.23% / (1 - 0.28)

= 5.88%

Since the FTEY of the municipal bond is lower than the return on the corporate bond (5.88% < 5.98%), the municipal bond offers a higher after-tax yield and is the better buy for the investor.

If this were an "in-state" municipal bond and the investor lived in a state with high income taxes, the decision might change. In that scenario, the investor would not only benefit from the federal tax exemption but also from the exemption of state income taxes. This would further increase the after-tax yield of the municipal bond and potentially make it an even more attractive investment compared to the corporate bond.

Therefore, option B is the correct answer.

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What is
prioritizing?

Answers

prioritizing is treating something more important that others.

Explanation:

Answer:

Prioritization is the activity that arranges items or activities in order of importance relative to each other.

Explanation:

Suppose that there are two countries, A and B, each of which produces two goods, X and Y. The production possibilities frontier (PPF) for each country is linear, with quantities of Y plotted on the vertical axis and quantities of X plotted on the horizontal axis. The PPF for Country A has a vertical intercept of 60 and a horizontal intercept of 60. The PPF for Country B has a vertical intercept of 30 and a horizontal intercept of 15.

Required:
What would be true about Country A?

Answers

Answer:

They can produce their goods equally.

Explanation:

Country A can produce their products equally with the available products in hand.

They can produce their goods equally. Country A can produce their products equally with the available products in hand.

What is production possibilities frontier?

The Production Possibilities Frontier graph shows all the output combinations of two products that can be produced using the resources and technology in use at the time.

The production possibility curve is based on the following fundamental assumptions: Resources are offered and remain constant. The technology used in the production process remains constant. Technology and resources are fully and efficiently utilized.

The production possibilities curve measures the trade-off between producing one good versus another. Imagine a scenario where a nation produces 20,000 oranges and 120,000 apples. The diagram's point B is that location. If it wishes to cultivate more oranges, it must produce less apples.

Thus, They can produce their goods equally.

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What Economic Issue arises in this graphic due to the Max Price being below Equilibrium?

Answers

As u asked in ur question which food we should have before exercise : ANSWER is - Option (B)

cross check if u have doubt it's correct..

2008 1 Mar Started business with $1,000 cash.
credit or debit​

Answers

Answer:

The cash a/c is debited as it is an asset for the business and the capital a/c is credited as it is a liability for the business according to the business entity concept.

Elise works in New York and developed a geothermal project that was opening in Atlanta. She noticed the project is due next week and is not complete. She had to quickly go to Atlanta to put the finishing touches on the project. Which qualifications are best being used by Elise to complete her job? O willingness to travel and mechanical knowledge O knowledge of geography and physical stamina O customer service and mechanical knowledge O stress management and willingness to travel​

Answers

Answer: stress management and willingness to travel

Explanation:

Based on the scenario described in the question, Option A and C are both wrong as she doesn't need mechanical knowledge. Mechanical knowledge has to do with one's ability to be able to understand and use tools. She also doesn't need customer service as she isn't attending to customers or anyone.

Since she had to quickly go to Atlanta to put the finishing touches on the project, what she needs is her ability to manage stress and also her willingness to travel.

Answer:

D, Stress management and willingness to travel.

Explanation:

Edge 2020 <3

when firms in a market with free entry and exit experience economic losses, then

Answers

When firms in a market with free entry and exit experience economic losses, it means that the market is not able to support all the existing firms.

As a result, some firms may leave the market or others may decide not to enter the market. This is due to the fact that in a competitive market, firms are forced to charge prices that are equal to their marginal costs. If the market price falls below the average cost of production, firms will incur losses. In such cases, some firms may try to reduce their costs in order to stay in the market, while others may choose to exit the market altogether.

The possibility of entry and exit of firms in a market with free entry and exit helps to ensure that economic profits are competed away. If some firms are making economic profits, others will be attracted to enter the market, increasing the supply of goods and services and driving down prices. Similarly, if firms are making losses, some may leave the market, reducing the supply of goods and services and allowing prices to rise. In this way, a market with free entry and exit tends to eliminate economic profits and losses, ensuring that firms only earn normal profits in the long run.

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When might the 50/30/20 rule not be the best saving strategy to use?

Answers

the budget is restrictive and doesnt take consideration of your values, lifestyle and money goals. Like, 50% for needs is not enough for those in high-cost-of-living areas like nyc. (et cetera)

4. Determine the importance of environment conservation from the business viewpoint​

Answers

Answer:

Economic expansion is not what is causing the climate crisis; rather, the lack of effective public policy meant to lower greenhouse gas emissions is to blame. As long as regulations are in place to limit the environmental effects of the goods and services we produce and use, there is no conflict between capitalism and environmental protection. With those regulations in place, consideration for environmental sustainability can and will be factored into every decision made by the private, nonprofit, and governmental organizations from which we all benefit.

The sustainability of the environment is not affected in the same way by all consumption patterns. The emergence of more sustainable lifestyles can be seen in consumption trends. Young Americans, for instance, don't seem as interested in buying cars as their parents and older siblings did. The advancement of the mobile phone has made ride-sharing, bike-sharing, and other transit options possible.

However, taking an Uber or driving your own car are both considered economic activities for the purposes of calculating GDP. These consumption patterns are typically not the subject of policymaking because they are quite influenced by shifting social norms than by governmental action. The only exceptions might be behavior that directly harms other people, like drinking and driving or smoking in public. New technologies can also lessen the impact of consumption on the environment.

Ironically, some environmentalists and some deniers of global warming share the view that environmental protection and economic growth must be compromised. Both can and must be done. Because most people in the developed world enjoy their way of life and won't give it up, we cannot stop investing in economic development. Environmental advocates will fail politically if they make such a request.

Explanation:

Political and business leaders may not care if economic growth harms the environment, and environmentalists may disagree, contending that neither economic growth nor environmental harm can coexist.

Even by itself, environmental protection promotes economic expansion. The air pollution control technologies we install on power plants and automobiles are made and sold by a third party. Additionally, environmental amenities are valuable.

how can we use the list of preference while making decisions​

Answers

Answer:

you Nepal ?

Explanation:

hey what you asking

after solving the profit equation to isolate price, you have:

Answers

= Total revenue − Total cost; or = (Unit price × Quantity sold) − (Fixed cost + Variable cost).

The equation to isolate price in profit equation is:

Price per table = [Profit + (cost per table x tables sold) + Overhead cost] / Tables sold.

What is profit ?

Profit is the difference between a company's revenue and costs over a specific time period. This implies that the fundamental profit equation requires deducting the relevant costs from the total revenue the company generated during the same time period.

Profit equations offer priceless information about a company. They do, however, have limitations. One reason is that any seasonal changes or spikes may be hidden if the profit equation is applied over an excessively long time frame, like the entire year.

Another problem is that cash flow and profit are not the same thing. Even though a company is extraordinarily profitable by all measures, it might still fail if it ignores this principle and runs out of liquidity.

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Which of the following is an internal factor?

A. Interest rates

B. Employment laws.

C. Employee turnover.

D. Economic recession.

Answers

Economic recession is the answer

Answer:

Your answer is: C) Employee turnover

Explanation:

What acronym describes the set of accounting principles that includes the economic entity assumption?

Answers

GAAP (generally accepted accounting principles) is a set of financial reporting accounting rules and standards that are widely followed. The abbreviation is pronounced gap.

What is GAAP?

GAAP, or generally accepted accounting principles, are standards that cover the particulars, complexities, and legalities of business and corporate accounting.

The Financial Accounting Standards Board (FASB) bases its comprehensive set of approved accounting methods and practices on GAAP.

GAAP aims to standardize the classifications, assumptions, and procedures used in accounting across industries in the United States.

The goal is to provide clear, consistent, and comparable financial information on organizations.

GAAP (generally accepted accounting principles) is a set of widely followed financial reporting accounting rules and standards. Gap is pronounced as an abbreviation.

Thus, this is the acronym that describes the set of accounting principles that includes the economic entity assumption.

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HEY guys can yall help me im trying to get caught up on school work before november 30.
What techniques are required to accept constructive criticism? Select all that apply.

A. not interrupting or speaking until the other person is finished making a point

B. filing a formal complaint with human resources to make sure your point of view is documented

C. not frowning, sneering, or defensively folding arms in front of you

Answers

Answer:

i think its letter A and C

1) Using the case to respond, assess three reasons why several international companies are recruiting (woo-ing) their executives from "Third Country Nationals" TCN’s

Answers

There are several reasons why international companies are recruiting Third Country Nationals (TCNs) for executive positions including cost-effectiveness, cultural knowledge and language proficiency

Cost effectiveness: Often, TCN's are willing to work for lower salaries than their counterparts in the home or host country. This can save the company a significant amount of money in terms of labor costs.Cultural knowledge: TCN's often have a deep understanding of the culture and customs of the host country, which can be invaluable for an international company. This can help the company navigate cultural differences and avoid potential pitfalls.Language proficiency: Many TCN's are multilingual, which can be a huge asset for an international company. Being able to communicate effectively with employees, customers, and other stakeholders in multiple languages is crucial for the success of a global business.

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the problem and solutions both compete with each other . why ?

Answers

The problem and solution both compete with each other because they both are opposite in nature.

Why problem and solution compete each other?

Problem and solution are two different things from each other, as problem is the undefined way of something that is much negative approach whereas solution is the way of finding the result of something or problem is positive statement.

Thus,  because they both are opposite in nature.

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a binding price floor will reduce a firm's total revenue

Answers

Yes, a binding price floor can reduce a firm's total revenue.

A price floor is a government-imposed minimum price set above the equilibrium price in a market. When the price floor is set above the equilibrium price, it creates a surplus of the product because the quantity supplied exceeds the quantity demanded at that price.

In this scenario, the firm is forced to sell its products at a price higher than the equilibrium price due to the price floor. As a result, the quantity demanded decreases, while the quantity supplied increases, leading to a surplus. The firm may struggle to sell its products at the higher price, as consumers may find the price less attractive and seek alternatives or reduce their purchases.

With a decrease in the quantity sold and the potential surplus, the firm's total revenue is likely to decline. The higher price may offset the decrease in quantity to some extent, but if the reduction in quantity sold is significant, it can outweigh any positive impact on revenue from the higher price per unit.

Therefore, a binding price floor can have negative implications for a firm's total revenue by reducing the quantity sold and potentially creating a surplus in the market.

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the principle of decreasing marginal benefit means that as the quantity of a good consumed

Answers

The principle of decreasing marginal benefit states that as the quantity of a good consumed increases, the additional satisfaction or benefit gained from each additional unit consumed decreases.

In other words, the more you consume of a good, the less satisfaction or benefit you will receive from each additional unit consumed. This is due to the fact that as you consume more of a good, your needs and wants are already satisfied, so each additional unit consumed provides less additional satisfaction. For example, if you eat one slice of pizza, it may satisfy your hunger and taste buds. However, if you continue to eat more and more pizza, eventually you may become full and the additional slices may not be as enjoyable. This principle is important in economics because it helps explain consumer behavior and the demand for goods.

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which is an effect of cultural differences on global trade?

Answers

Consumer buying behavior may be impacted by cultural variations, which may eventually increase a brand's chances for global trade. People communicate in a range of ways based on their cultural background.

What does "global trade" mean?

Global commerce, which consists of the total import and exports of every participating country, is the exchange of products or services between nations. It is subject to the laws of supply and demand, and the price of any good or service offered is determined by these laws.

What are instances of global trade?

Domestic customers now have access to foreign goods that local businesses could not otherwise create. Import, export, business, foreign investment, job outsourcing, and establishing production facilities abroad are all examples of global commerce.

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what can you do to help ensure that you are not seen as a rude phone user? check all that apply.

Answers

To help ensure that you are not seen as a rude phone user, you can do the following: Be respectful and polite to the person you are speaking to.

Actions not to look like a rude phone userKeep your voice at a reasonable volume and avoid shoutingDo not interrupt the person you are speaking toDo not use your phone in places where it is considered impolite, such as in a movie theater or during a religious serviceBe mindful of your surroundings and do not use your phone in a way that could disturb or offend others


By following these guidelines, you can help ensure that you are not seen as a rude phone user and maintain positive relationships with those you communicate with on the phone.

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What is the purpose of a warranty?
A. to protect manufacturers from consumers
B. to refund your money if you are dissatisfied with a purchase
C. to repair or replace a defective purchase or item
D. to make businesses follow laws

Answers

C. Hope this helps!

The correct option is C. The purpose of a warranty is to repair or replace a defective purchase or item. A warranty is the written assurance of a product's or service's quality as given to a consumer by the manufacturer or service provider. Insofar as the warranty's provisions stipulate, warranties offer clients legally guaranteed service replacement or issue a correction for the period of the warranty.

What is the difference between a guarantee and a warranty?

The primary distinction between a guarantee and a warranty is that the former is normally cost-free while the latter typically charges a fee for the coverage. The beautiful thing about a guarantee is that it strengthens your legal rights under consumer law and is legally enforceable.

A warranty is a seller's promise that they will fix or replace defective goods within a set period. A guarantee is a seller's assurance that a product will satisfy particular performance or quality requirements. If not, a repair or replacement will be made.

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A company can act ethically toward employees and meet their expectations by A. improving their products over time and providing guarantees to customers about the integrity of their products. B. selling customers quality products at a fair price and providing good after-sales service. C. maximizing the stockholders' return on investments. D. creating an occupational structure that fairly and equitably rewards organization members for their contributions. E. implementing a high-power distance culture and discouraging decentralized decision making.

Answers

Answer:

D. creating an occupational structure that fairly and equitably rewards organization members for their contributions

Explanation:

When the company acts ethically for the employees and meeting their expectations so this could be possible when the organization structure is properly developed that represent contribution made by the members of the organization is quite fair and equitable and for the same the rewards is also provided so that they feels motivated

Hence, the option d is correct

Distinguish Among Money, Income, And Wealth. Which One Of The Three Does The Central Bank Of A Country Control?

Answers

The thing which a Central Bank controls from the answer choices is Money.

What is Money?

This refers to the legal tender that is used as a form of exchange for goods and services.

Hence, we can note that the Central Bank of a country is in charge of printing money, making new economic policies, etc and they control money flow and have no business with controlling income or wealth.

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What are wholesalers​

Answers

Answer:

Wholesaler is a company that earns money by buying large quantities of goods then selling in bulk to smaller businesses.

Hope this help :)

Answer:

Wholesalers are companies or businesses that buy large quantities of products from other companies, then resell the products in bulk or individually.

Explanation:

Examples; Costco Wholesale & Sam's Club

If a firm belives tht some of its debtors may default and it should act on this by making sure tht all possible losses are recorded in the books this is an example of which concept

Answers

Answer: Conservatism

Explanation: The conservatism concept can be ncept may be explained as an accounting principle which ensures that an organization tends to be very careful in handling its finances, with the conservatism concept, financial management often lean towards an approach which tends to play down future gains and concentrate more on potential chances of losses in the future. With such approach the organization tends to be very prudent in its financial management. In other words, conservatism shifts toward a tendency to understate its asset or income rather than overstate its asset.

When firms expand into global markets, they are faced with the choice of reducing costs and/or adapting to the local market. When high pressures exist to adapt locally, companies should choose a(n) ________ strategy or ________ strategy in order to compete in the global marketplace. transnational; multidomestic international; global global; multidomestic global; transnational

Answers

Answer: Global strategy; Transnational strategy Explanations: Companies should choose a global strategy or transnational strategy A global strategy is a technique used by a firm to expand and compete in the global market. It is the plans made by a firm to grow beyond it's border. Global strategy covers three other strategies 1. International strategy 2. Multinational strategy 3. Global strategy A firm adopt global strategy in order to increase its sales of products and Profit. Transnational strategy is a technique which allows firms to expand sales of goods and services while taking into consideration the difference in culture of people.  

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how did the economic situation after the war lead to labor unrest

Answers

The Economic situation after the world war lead to labor unrest because the workers struggled to assert their rights and improve their economic conditions in the face of high unemployment and inflation.

The Economic situation after World War I led to labor unrest in many countries because the post-war period was marked by economic instability, inflation, and high unemployment rates.

Many workers, who had been employed during the war in essential industries, found themselves out of work as demand for their skills declined after the war. Additionally, the return of soldiers to the workforce led to a surplus of labor, which drove down wages.

Therefore, the workers began to demand better pay, improved working conditions, and greater job security.

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vegetables wilt of soften and their color intensifies as they

Answers

Answer: boil

Explanation:

Answer:

Saute

Explanation:

Vegetables wilt and soften when sauteing for example spinach, bokchoy and kale to name a few.

the theory advocates government intervention in highly capital-intensive, high entry-barrier industries in which domestic firms may have little chance without government assistance. group of answer choices product life cycle laissez faire strategic trade absolute advantage

Answers

The strategic trade theory advocates government mediation profoundly capital-serious, high passage obstruction businesses in which homegrown firms might have minimal possibility without government assistance. option (C) is correct.

Strategic trade is the control of the product, import, global travel, and parcel of specific wares to specific beneficiaries or for guaranteed end-utilizes/end-clients and in specific conditions.

Strategic trade policy (STP) is an administration strategy that endeavors to move overabundance benefits in oligopolistic global business sectors toward the nation of origin firms. For instance, a Chief at the same time seeking a specific degree of productivity and piece of the pie expansions in new developing markets.

Therefore, option (C) is correct.

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This question is not complete, Here I am attaching the complete question:

The theory advocates government intervention in highly capital-intensive, high entry-barrier industries in which domestic firms may have little chance without government assistance. group of answer choices product (A) life cycle

(B) laissez faire

(C) strategic trade

(D) absolute advantage

like a competitive industry, a monopoly must group of answer choices deal with the law of demand. practice marginal cost pricing. confront a demand curve equal to its marginal revenue curve. earn only zero economic profit in the long run.

Answers

Like a competitive industry, a monopoly must confront a demand curve equal to its marginal revenue curve. The statement provided in option C is correct.

A monopoly is a market form in which a single firm dominates the entire market or industry for a particular good or service. The firm, as a result, faces a downward-sloping demand curve like any other market form. The difference, however, is that the company has market power in this case, which means it can influence the price of goods or services it sells to some extent.

In comparison to a competitive industry, which is characterized by a large number of small firms, a monopoly firm has the ability to produce and supply goods and services at a lower cost than its rivals. Monopoly firms have the following characteristics:  They charge a higher price for their products or services than their marginal cost. This is due to their ability to control the supply of goods or services in the market.  

They control the market price of goods and services. This is because there are no other producers of the same product or service in the market.  They earn supernormal profits in the short run, but in the long run, they only earn zero economic profit.  They will restrict production in order to maximise profits.  They may engage in predatory practices, such as price fixing or price discrimination.

Option C is the correct answer.

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