Tulip Corporation purchased equipment for​ $58,000 on January​ 1, 2017. On December​ 31, 2019, the equipment was sold for​ $24,000. Accumulated Depreciation as of December​ 31, 2019 was​ $33,000. Calculate gain or loss on the sale.

Answers

Answer 1

Answer:

question is not clear please send clear question


Related Questions

Loren has a $200 annual (calendar year) deductible on her health insurance plan. By the end of 2018, she had paid $175 in medical expenses. On January 4, 2019 she went to the doctor for the first time that year and was charged $60 for an office visit. How much of that must she pay for herself

Answers

Answer:

$60

Explanation:

Based on the information given about Loren the amount that she must pay herself will be $60 reason been that the amount of $175 she paid for her medical expenses at the end of 2018 was based on her health insurance plan, while the $60 was the amount of money she paid her self or the amount she was charge her for visiting the doctor for the first time on January 4, 2019.

Generally, deductibles are calculated on a calendar year basis. This means that, excluding copays, coinsurance, and non-covered charges, your health care bills must surpass your deductible between January and December for the insurance provider to begin paying.

Based on the information given about Loren the amount that she must pay herself will be $60 reason been that the amount of $175 she paid for her medical expenses at the end of 2018 was based on her health insurance plan, while the $60 was the amount of money she paid her self or the amount she was charge her for visiting the doctor for the first time on January 4, 2019.

To know more about health insurance plan, refer to the link:

https://brainly.com/question/1577165

Which of the following is a cloud computing element that gives a service provider the ability to dynamically allocate shared physical resources to multiple customers based on each customer's usage demand?
A. On-demand.
B. Resource pooling.
C. Measured Service.
D. Rapid Elasticity.

Answers

Answer:

B. Resource pooling.

Explanation:

-On-demand means that clients can get the service when and where they need it.

-Resource pooling refers to grouping resources to provide the service to different customers in a way in which the resources are assigned according to the demand of each client.

-Measured Service is when a company monitors the service that is providing for different purposes like billing.

-Rapid Elasticity is the ability that the company providing the service has to modify the resources according to the demand.

According to the definitions, the answer is that the cloud computing element that gives a service provider the ability to dynamically allocate shared physical resources to multiple customers based on each customer's usage demand is resource pooling.

If the Fed increases the discount rate, which of the following accurately describes the system, finally leading to a decline in money supply?
A. Excess reserves j: Reserves: Coans J: Deposits : Money supply
B. Reserves J: Excess reserves J: Loans J: Deposits ;Money supply
C LoansJ:DepositsJ:Reserves J:Excess reserves |: Money supply
D. Deposits J: ReservesJ:Excess reservesI:Loans J:Money'supply

Answers

Answer:

B

Explanation:

Reserves J: Excess reserves J: Loans J: Deposits ;Money supply

Lawrence recently bought a brand new Bentley Mulsanne, a very expensive car, but he is suffering from buyer's remorse. He wishes he would have bought something that made a bigger impression on the ladies at the Taco Bell drive­through. Howard, however, recently purchased a pre­owned '86 Camaro with a flame job on the hood from a car dealer, and when he rolls through Taco Bell with the T-tops off, the drive-through ladies are always staring at his car and his mullet hairdo. Howard is far more satisfied with his car than Lawrence. From a marketing point of view, which of the following concepts has contributed to Howard feeling satisfied with this purchase?
a. CRM implementation
b. Howard's full partnership with his '86 Camaro
c. Perceived value of the car
d. Customer loyalty

Answers

Answer:

The marketing concept that contributed to Howard feeling satisfied with his purchase of "a preowned '86 Camaro with a flame job on the hood" is

c. Perceived value of the car

Explanation:

Howard evaluates the merits of this preowned '86 Camaro as it has the ability to satisfy his needs for winning the attention of the drive-through ladies at Taco Bell.  When he "rolls through the Taco Bell with the T-tops off the ladies keep staring at his car."  It is this attention that he needs.  And the car investment ensures that he achieves this attention from the ladies.  Howard's feeling of satisfaction is accentuated the more when compared with the less-than-impressive attention that Lawrence pools with the girls, while driving his expensive Bentley Mulsanne through the same Taco Bell.

If the Administrator were examining the actions of a particular agent to determine whether the agent engaged in churning a client's account, focus would be placed upon A) the number of complaints received relating to that agent B) the amount of profits generated in the client's account C) the client's objectives, financial resources, and the character of the account D) the length of time the account had been opened

Answers

Answer:

C) the client's objectives, financial resources, and the character of the account

Explanation:

While at the time of examining the actions of a specific agent by the administrator with respect to the commission earned would be depended upon the objective of the client, his financial resources,and the character of the account.

The character of the account represents the type of account in which the client is interest as different accounts have different commissions

So these three above objectives should be required

Hence, the option c is correct

A company uses the weighted-average method for inventory costing. At the end of the period, 19,000 units were in the ending Work in Process inventory and are 100% complete for materials and 68% complete for conversion. The equivalent costs per unit are materials, $2.58, and conversion $2.20. Compute the cost that would be assigned to the ending Work in Process inventory for the period.

Answers

Answer: $77,444

Explanation:

Given the following :

Ending work in process inventory = 19,000 units

Complete for materials = 100%

Complete for conversion = 68%

Equivalent cost per unit (material) = $2.58

Equivalent cost per unit (conversion) = $2.20

Cost of ending work in process inventory (materials) :

Cost per unit (material) * (ending work in process inventory) * complete for material

$2.58 * 19000 * 100% = $49,020

Cost of ending work in process inventory (conversion) :

Cost per unit (conversion) * (ending work in process inventory) * complete for conversion

$2.20 * 19000 * 68% = $49,020

$2.20 * 19000 * 0.68 = $28,424

Total cost (ending work in process inventory) :

Material cost + conversion cost

$49,020 + $28,424 = $77444

If a 10% decrease in the price of one product that you buy causes an 8% increase in quantity demanded of that product, will another 10% decrease in the price cause another 8% increase (no more and no less) in quantity demanded?

Answers

Answer:

No

Explanation:

to determine if another 10% decrease in the price cause another 8% increase (no more and no less) in quantity demanded, we have to determine the price elasticity of demand.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

8% / 10% = 0.8

demand in inelastic so a 10% reduction in price would lead to a less than 8% change in quantity demanded  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Other Questions
Related to the British rule in India..... What was the main motive of the British rule in India? How did they succeed in their objective? Use De Morgan's laws to write negations for the statement. Sam is an orange belt and Kate is a red belt. A. Sam is an orange belt or Kate a red belt. B. Sam is not a red belt and Kate is not an orange belt. C. Sam is not an orange belt and Kate is not a red belt. D. Sam is not a red belt or Kate is not an orange belt. E. Sam is not an orange belt or Kate is not a red belt. What are the actions of other characters that affected the Dorothy in the Wizard of Oz story?( List three actions of other characters and give examples from the text, explaining how each action shaped the Dorothy.) I DON'T HAVE THE BOOK PLZ ANSWERR ASAPPPP PLEASE I WILL GIVE 15 POINTS AND BRAINLIEST!!!!! :( A catering company is catering a large wedding reception. The host of the reception hasasked the company to spend a total of $454 on two types of meat: chicken and beef. Thechicken costs $5 per pound, and the beef costs $ 7 per pound. If the catering companybuys 25 pounds of chicken, how many pounds of beef can they buy? As the arrival point for many immigrants, New York City had many different countries and cultures settled in it, turning the city into a melting pot. What does the term melting pot mean in this context? A. Many cultures were combined together B. The city was overcrowded with people C. The city became very rich due to the wealth of the immigrants D, The different groups were kept very separate from each other Carrie can inspect a case of watches in 5 hours.James can inspect the same case of watches in 3 hours.After working alone for 1 hour,Carrie stops for lunch.After taking a 40 minute lunch break,Carrie and James work together to inspect the remaining watches.How long do Carrie and James work together to complete the job? Will mark brainlist if it correct and well explained Please help me with this question!! TRIGONOMETRY Find the volume, in cubic inches, of the composite solid below, which consists of a 4 -inch square solid rectangular bar that is 16 inches in length. The bar has a 2 -inch diameter cylinder hole cut out of the center of the bar from the top of the bar through the entire length of the bar. Use 3.14 to find the volume. Enter only the number. If a 10% decrease in the price of one product that you buy causes an 8% increase in quantity demanded of that product, will another 10% decrease in the price cause another 8% increase (no more and no less) in quantity demanded? What does the denominator of the fraction \dfrac23 3 2 start fraction, 2, divided by, 3, end fraction mean? Help PLZ!!! Which statement accurately represents the arrangement of electrons in Bohrs atomic model? -Electrons move around the nucleus in fixed orbits of equal levels of energy. -Electrons move around the nucleus in fixed orbits of increasing levels of energy. -Electrons move randomly in the relatively large space surrounding the nucleus. -Electrons vibrate in fixed locations around the nucleus. what is your understanding about politics?? Which of the phrases below best describes the environmental issue depictedin the following illustration?A. El efecto invernaderoB. La capa de ozonoC. El medio ambienteaD. La contaminacin A total of $10,000 is invested in two mutual funds. The first account yields 5% and the second account yields 6%. How much was invested in each account if the total interest earned in a year is $575? im stuck on this question helm me out I will mark you as brainliest ________ chanson est belle. Look at the number pattern shown below:3 17 = 5133 167 = 5511333 1667 = 555111What will be 33333 166667? A bag contains a collection of distinguishable marbles. The bag has two red marbles, three green ones, one lavender one, two yellows, and two orange marbles. HINT [See Example 7.] How many sets of four marbles include exactly two green marbles what equals 1+1= Why can't I see any answers help i logged off etc is it just me? if the broker dies or loses her license, the state's real estate licensing agency may choose to appoint a ________ to close any transactions that are pending.