Answer:
Results are below.
Explanation:
Giving the following formula:
Purchase price= $67,560
Salvage value= $6,900
Useful life= 6 years
<u>To calculate the depreciation expense under the straight-line method, we need to use the following formula:</u>
<u></u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (67,560 - 6,900) / 6
Annual depreciation= $10,110
<u>2022:</u>
Annual depreciation= (10,110/12)*3= $2,527.5
<u>2023:</u>
Annual depreciation= $10,110
Answer:
Option D. Provide incentives to employees, and reduce consultation charges.
Explanation:
The reason is that the company's survival is based on the cash generation mechanism which is because of increased sales. If the sale of the company are higher then it is more likely that the company is able to breakeven which means it will reach no profit and no loss position very easily. To increase the chances of survival of the business, the employees must be motivated by paying them higher pays for better service delivery and higher commissions for grabbing higher sales. Furthermore, the company must also reduce the initial consultation charges to encourage to purchase of their services and acquire greater share of the market which will grow the business.
Because he had a contract with the builder, the mason would be able to get the original contract price of $45,000.
Answer:
Explanation:
According to Salman Khan of Khan Academy, he states that simplifying assumptions in economic reasoning can cause various effects. Such as it helps you clarify your thinking, as well as being dangerous due to the fact that they may be wrong or completely irrelevant. These assumptions may also allow you to prove things based solely on the assumptions.
As far as i remember, those three things are :
- Focus on doing one thing at a time. We tend to do many things all together that make us lost our focus
- Taking small steps in order to change
- SAving up for the benefit of our future
hope this helps
