Betty invests equipment with a cost of $100,000 and accumulated depreciation of $30,000 in a new partnership. the current value of the equipment is $105,000. the replacement value of the equipment is $135,000. at what amount would the equipment be recorded in betty's capital account?

$100,000

$135,000

$105,000

$70,000

Explain the relationship between consumers and producers in economic growth and activity

The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above