Answer:
Option C is correct
Explanation:
Using straight line depreciation method we can calculate the annual depreciation of the machinery, which can be calculated from the following formula:
Straight Line Depreciation = (Cost - Salvage Value) / Useful value
Straight Line Depreciation = ($95000 - $5000) / 5 years life = $18,000
The double entry would be:
Dr Depreciation Expense $18,000
Cr Accumulated Depreciation $18,000
Answer:
Letter b is correct. <u>Joint venture.</u>
Explanation:
The Joint Venture strategy can be defined as an economic association that occurs between two or more companies, whose objective is to carry out a certain activity during a limited period of time.
Joint Venture operations are commonly used for various organizational purposes, such as commercial, logistical, technological, etc., in addition to being a strategy that makes it possible to accelerate business by combining business resources.
It is necessary to know that in addition to the mutual benefits, the companies that adopt this strategy also share the same risks and costs, therefore planning is necessary so that the commercial association is profitable for both companies.
Answer:
Yes they can be used to purchase goods or invest in a business.
Explanation:
Loans from formal channels like banks and government agencies are usually given for an specific purpose if you own a business or can be handed out for any type of personal use if you request them as an individual. This applies to developed and developing countries.
Loans from informal channels can also be used by a business, specially small businesses, and obviously personal use. Large businesses will probably not take a loan from an informal channel since the interest rates will probably be higher and the amounts will be too small. But even on developed countries, someone who has just graduated can ask his/her parents or a friend for a loan to start a small business or buy a car. Informal channels are based on personal relationships and even though they don't represent a large percentage of loans in developed countries, they also exist.
<span> Going on a job interview </span>can make you<span> feel like </span>you<span>'re back in school .... are easily </span>answered<span> by a quick perusal of a company's </span>website<span> is even worse, ...</span>
It's C. I just took it and it definitely is C
