UTP categories rate the ________ of UTP cabling
A) quality
B) speed
C) quality-of-service performance
D) error performance
A
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Work Room Company purchased equipment for $45,000. Total depreciation of $36,000 was recorded. On January 1, 2019, Work Room exchanged the equipment for new equipment, paying $65,000 cash. The market value of the new equipment is $65,000. Prepare the journal entry to record this transaction. Assume the exchange had commercial substance. Omit explanation.
What will be an ideal response?
An adverse opinion states that, except for the effects of the matter(s) to which the qualification relates, the financial statements present fairly, in all material respects, the financial position, results of operations, and cash flows of the entity in conformity with generally accepted accounting principles
Indicate whether the statement is true or false
The market risk premium remains constant over time because the risk-free rate of return moves
inversely with beta. Indicate whether the statement is true or false
Use the following financial information to find the entry you would make on an income statement for GROSS MARGIN for the year ended December 31, 2011: Gross Sales, $241,000; Sales Returns and Allowances, $7,500; Sales Discounts, $7,800; Merchandise Inventory, January 1, 2011, $45,200; Merchandise Inventory, December 31, 2011, $71,300; Net Purchases, $91,900; Freight In, $1950; Salaries, $97,000;
Rent, $30,600; Utilities, $2,500; Insurance, $2,450; and Income Tax, $19,350. A) $206,500 B) $157,950 C) $138,800 D) $107,700