On April 1 of the current year, a company traded an old machine that originally cost $32,000 and that had accumulated depreciation of $24,000 for a similar new machine that had a cash price of $40,000.1. Prepare the entry to record the exchange under the assumption that a $5,000 trade-in allowance was received and the balance of $35,000 was paid in cash. Assume the exchange transaction had commercial substance.2. Prepare the entry to record the exchange under the assumption that instead of a $5,000 trade-in allowance, a $12,500 trade-in allowance was received and the balance of $27,500 was paid in cash. Assume the exchange transaction has commercial substance.

What will be an ideal response?




Business

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Jared is planning a celebratory event at his organization for two retiring members with Janice. Janice believes they should get an ad hoc committee together and distribute the work, while Jared believes they should just get the aid of two other members and work collectively. What concept of the systems metaphor are they dealing with?

A. interdependence B. homeostasis C. equifinality D. synergy

Business

When selecting surrogate variables from variables with similarly high loadings, the choice should be based on ________

A) measurement considerations B) theoretical considerations C) Both A and B are correct D) the variable with the highest loading on a factor

Business

Which of the following factors is most likely to be used to create store atmospherics?

A) employee training B) sales promotion C) store layout D) event sponsorship E) price points

Business

Differentiate internal and external recruiting.

What will be an ideal response?

Business