Answer:
D) $17,500 gain.
Explanation:
Wells Company should record the following transactions:
- Dr Cash account 40,000
-
Dr Accumulated Depreciation Vehicles account 47,500
- Cr Vehicle account 70,000
- Cr Gain on Disposal account 17,500
$40,000 in cash was received and the accumulated depreciation balance should equal to zero, therefore they must be debited.
The vehicles account balance should equal zero and the rest is gain on disposal, therefore they must be credited.
Answer:
The correct answer is option b.
Explanation:
In an open economy, domestic firms have to face competition from the foreign producers. If firms face losses in the long run, because of import competition, these firms will leave the industry.
As the number of domestic firms get reduced, the demand curve of the other firms will become flatter. This happens because of the foreign firms that bring in a large variety of goods in the domestic market.
Answer:
Absolute reference
Explanation:
An absolute reference in excel indicates a reference that is locked such that rows and columns do not alter when copied to another cell in the excel sheet.
It points to an actual fixed location in excel and absolute referencing is simply by adding a dollar sign before the row and column.
In other words ,Ellen will absolutely reference her income ,as the income is the same month-on-month.
Answer:
<u>Interpersonal </u>
Explanation:
When a conflict arises between individual members of an organization owing to differences in goals and values, such a conflict is referred to as interpersonal conflict.
As the word interpersonal suggests, inter i.e between and personal i.e person to person conflict, interpersonal conflict arises when the goals and values of individuals differ owing to which disagreements arise.
Goals and values may differ owing to several factors. Individual values are an outcome of an individuals own conscience and judgement apart from the society, an individual belongs to.
Such a situation is undesirable as it disrupts the coordination among employees and at the same time creates an atmosphere which is non conducive.