Answer:
$4,800
Explanation:
Data provided in the question:
Cost = $66,000
Accumulated depreciation = $30,000
Book value = Cost - Accumulated depreciation
= $66,000 - $30,000
= $36,000
Now,
Fair value = $48,000 + $12,000
= $60,000
Thus,
Gain = $60,000 - $36,000
= $24,000
Therefore,
Gain to be recognized = $24,000 × [ 12,000 ÷ 60,000 ]
= $4,800
Starting from a steady state with greater capital than the Golden Rule, a decrease in the saving rate results in a decline in investment.
<h3>What is the definition of the golden rule?</h3>
The Golden Rule instructs people to make decisions for others based on their own personal preferences. Putting yourself in another person's shoes or "doing unto others as you would have them do unto you" are two common definitions of the Golden Rule (Baumrin 2004).
The golden rule would advise us to release someone who has been convicted of a crime and given a prison sentence, for instance, because we would not want to go to prison ourselves. This holds true even if we use the platinum rule because it's likely that the prisoner would choose to stay out of jail or prison.
To learn more about Golden Rule, refer to:
brainly.com/question/16313509
#SPJ4
Answer:
(a) How this episode is likely to affect the economic well-being of people in the country
In the short-run, there will be an increase in labor demanded, increasing jobs to build homes and repair the damage caused by the earthquake. In the long-run, things will begin to go back to normal.
(b) How this episode is likely to affect the economy’s measured GDP
In this case, GDP measurements will shift causing less of an input in private spending and an increase in government spending due to subsidies to increase home-building.
Answer:
Explanation:
On January we collect the 85,000 from revenues and the 12,00 form marketable securities.
Then, we add up each disbursement:
Materials 50000
Labor 30000
Overhead (net of depreciation) 19,500
Selling and administrative 15000
Total 114,500
Then we solve for the cash balance and get the blaance as it is higher than 20,000 we do not need financing
Then, this value is the beginning cash for February. As the ending balance is 14,000 we will take 6,000 financing to reach the bare minimum of 20,000
Answer:
$4,469
Explanation:
Calculation for what The adjusted cash balance per the books on January 31 is
Using this formula
Adjusted cash balance = cash balance per books -bank service charges - EFT automatically deducted - NSF Check
Let plug in the formula
Adjusted cash balance= $5325 - $31 -$500 -$325
Adjusted cash balance= $4,469
Therefore The adjusted cash balance per the books on January 31 is $4,469