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
Purchased cost of equipments for a chemical process plant ranges from __________ percent of the fixed capital investment.
A 10 to 20
B 20 to 40
C 45 to 60
D 65 to 75
'Utilities' in a chemical process plant includes compressed air, steam, water, electrical power, oxygen, acetylene, fuel gases etc. Utility costs for ordinary chemical process plants ranges roughly from __________ percent of the total product cost.
A 1 to 5
B 10 to 20
C 25 to 35
D 35 to 45
Cost of instrumentation in a modern chemical plant ranges from __________ percent of the total plant cost.
A 5 to 10
B 20 to 30
C 40 to 50
D 60 to 70
Druing a special promotion, a certain filling station is offering a 10% discount on gas purchased after the first the first 10 gallons. If Kim purchased 20 gallons of gas, and Zeni purchased 25 gallons of gas, then Zeni's total per-gallon discount is what percent of Kim's total per-gallon discount?
A 80%
B 120%
C 140%
D 100%
Halim purchased brand A pen for Taka 200 each and brand B per for Taka 100 each. If he purchased a total of 8 of these pens for Taka 1,200 how many pens of brand A did he purchased ?
A 3
B 4
C 5
D 6
In an ordinary chemical plant, electrical installation cost may be about
A 10-15% of purchased equipment cost
B 3-10% of fixed capital investment
C Either A or B
D Neither A nor B
A department store receives a shipment of 1,000 shirts, for which it pays $9,000. The store sells the shirts at a price 80 percent above cost for one month, after which it reduces the price of the shirts to 20 percent above cost. The store sells 75 percent of the shirts during the first month and 50 percent of the remaining shirts afterward. How much gross income did sales of the shirts generate?
A Tk. 10800
B Tk 12150
C Tk 13500
D Tk 14800
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
The economic life of a large chemical process plant as compared to a small chemical plant is
A Only slightly more
B Much more
C Slightly less
D Almost equal

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