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
A company makes a profit of 7% selling goods which cost Tk.2000; it also makes a profit of 6% selling a machine the cost the company Tk. 5000. How much total profit did the company make on both transactions?
A Tk. 300
B Tk. 400
C Tk. 420
D Tk. 440
How many four letter distinct initials can be formed using the alphabets of English language such that the last of the four words is always a consonant?
A 263 × 21
B 26 × 25 × 24 × 21
C 25 × 24 × 23 × 21
D None of these
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
A bicycle company makes five styles of bikes in seven different colors. How many different bicycles can the company makes when considering both style and color?
A 35
B 12
C 7
D 5
The cost of operating a Frisbee company in the first year is $10,000 plus $2 for each Frisbee. Assuming the company sells every Frisbee it makes in the first year for $7, how many Frisbees must the company sell to break even?
A 1000
B 1500
C 2000
D 2500
A special lottery is to be held to select the student who will live in the only deluxe room in a dormitory . There are 100 seniors, 150 juniors and 200 sophomres who applied. Each senior's junior's name , 2 times; and each sophomres who applied. Each senior's name is placed in the lottery 3 times; each junior's name ,2 times name, 2 times ; and each sphomore's name , 1 time . What is the probability that a senior's name will be chosen?
A 18
B 38
C 48 
D 28
Two different companies, X and Y, have the same number of workers. The ratio of the male workers in company X and the male workers in company Y is 2:1 and the ratio of female workers in both company is 4:5.What is the ratio of female workers to the male workers in Company X?
A 1:2
B 2:3
C 3:4
D 1:5
In a decision to retain or replace equipment , the book value of the old equipment is a (n) -
A opportunity cost
B sunk cost
C incremental cost
D marginal cost
FM transmitting and receiving equipment as compared to AM equipment is
A Costly
B Cheaper
C Almost equally costly
D None of the above

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