Related Questions

Rashna Company collected the following data in its accounting records in 2014 : From the income statement : Depreciation expense Tk. 1,000 Loss on sale of equipment 3,000 From the comparative balance sheet : Beginning balance , equipment Tk. 12,500 Ending balance , equipment 8,000 Beginning balance , accumulated depreciation 2,000 Ending balance , accumulated depreciation 2,400 No new equipment was purchased during the year. The equipment was sold at the end of the year. What was the cash in -flow from the sale of equipment in 2014?
A Tk, 3,900
B Tk. 1,000
C Tk. 900
D Tk. 600
Equipment installation cost in a chemical process plant ranges from __________ percent of the purchased equipment cost.
A 10 to 20
B 35 to 45
C 55 to 65
D 70 to 80
Present liability of uncertain amount, which can be measured reliably by using a substantial degree of estimation is termed as
A Contingent liability
B Liability
C Provision
D Reserve
Australia imports, no copper in Australia equals 85% of the amount of copper produced by the private industry's use of produced by the country's mines each year. If the information above is true.which of the following conclusions can most reliably be drawn?
A Australia imports copper ore from other countries.
B SOme copper in Australia is recycled.
C Asutralia 's industry wasters substantial amounts of copper.
D Each year, Austria produces more copper than the previous year.
The maximum number of TTL loads that a TTL device can drive reliably over the specified temperature range is
A fanout
B bipolar
C chip
D universal logic circuit
E None of the above
Computer ICs work reliably because they are based on _____ design.
A Top-bottom
B System
C Two-stage
D Two-states
E None of the above
If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by
A $$\frac{{{\text{AP}}}}{{\text{C}}}$$
B $$\frac{{2{\text{AP}}}}{{\text{C}}}$$
C $$\sqrt {\frac{{2{\text{AP}}}}{{\text{C}}}} $$
D $${\left( {\frac{{{\text{AP}}}}{{\text{C}}}} \right)^2}$$
Square Company purchased a piece of equipment on January 1, 2022. The equipment cost was Tk 60,000 and had an estimated life of 8 years and a salvage value of Tk 8,000. What was the depreciation expense for the asset for 2023 under the double declining balance method?
A Tk 6,562
B Tk 6,500
C Tk 11,250
D Tk 15,000
E None of these
Following the six-tenth factor rule, if a log-log plot of capacity of the equipment vs. cost of the equipment is made, then a straight line is obtained, whose slope is equal to
A 0.1
B 0.6
C 0.2
D 0.8
A corporation that had Tk. 115.19 billion in profits for the year paid out Tk. 230.10 million in employee benefits . Approximately what percent of the profits were the employee benefits?
A 50%
B 0.2%
C 20%
D 5%

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