“I can see why you were hurt by your coworkers comments” is what kind of response?
A. spontaneous
B. provisional
C. descriptive
D. empathetic
D. empathetic
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The Capitals Company has provided you the following information pertaining to the year ending December 31, 2018: January 1, 2018 December 31, 2018Equipment$575,000 $729,000 Accumulated depreciation$165,000 $120,500 Equipment costing $25,000 was acquired in exchange for common stock. Equipment with an original cost of $57,500 and a book value of $5,000 was scrapped. Equipment was purchased in exchange for cash. Equipment with a book value of $39,000 was sold resulting in a $14,000 gain. The accumulated depreciation at the time of the sale was $67,000. Required: Determine the cash paid for equipment purchases during 2018.Determine the depreciation expense for 2018.
What will be an ideal response?
Which of the following is not an important factor in determining the appropriate cost driver to use in allocating a cost?
A. The ability of the cost driver to allocate indirect costs to cost objects B. The availability of information about the cost and cost driver C. A cause-and-effect relationship between the cost and the cost driver D. All of the answers are important factors in determining the appropriate cost driver to use in allocating a cost
Compare and contrast sensitivity analysis, scenarios analysis, and simulation.
What will be an ideal response?
The income statement shows whether or not a business can generate enough cash to pay its liabilities
Indicate whether the statement is true or false