untastic operates on a calendar year. On January 1st, 2017, Funtastic Company placed a new asset into service. The cost of the asset was $50,000 with an estimated 5-year life and $10,000 salvage value. What is the depreciation expense for 2017 if Funtastic Company uses the straight-line method of depreciation

Answers

Answer 1
Answer:

Answer:

$8,000

Explanation:

If untastic operates on a calendar in 2017, the asset was operational for a full year.

Depreciation for the asset will be

Asset cost - salvage value

=$50,000 -$10,000

=$40,000.... depreciable amount

The rate of depreciation = 1/5 years x 100

= 20%

Depreciation for 2017 will be = 20/100 x $40,000

= 0.2 x $40,000

=$8,000


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The importance of financial managers to firms with large cash inflows is greater than for firms with smaller cash flows. a. True
b. False

Answers

That statement is False

The firms with small cash flow need a good financial mangers just as bad as the one with greater Cash Flow. Finance is a core elements of business, which mean that no matter what type of business you run, you'll always need someone to handle your finance.

The Cost of Quality, COQ, is the difference in the cost of prevention and the cost of failure. If a quality program costs $10,000 to plan and $50,000 to administer, what is the COQ of the program reduces waste by $30,000 and returns of bad products by $40,000

Answers

Answer:

The COQ is -$10,000

Explanation:

The COQ can be represented by the sum of two factors: Cost of Good Quality and Cost of Poor Quality.

The Cost of Good Quality (CoGQ) includes the prevention and appraisal cost and the Cost of Poor Quality (CoPQ) includes internal and external failures.

The formula of COQ is:

COQ = CoGQ + CoPQ

If

CoGQ= $10,000 + $ 50,000 = $ 60,000

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CoPQ values are negative because they are reductions of wate and returns of bad products

then:

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The skills needed for jobs in the ___________ revolve around interpersonal communication, reading, writing, and calculating.

Answers

Hi, there :) There can be a lot of answers to fill on that blank. Majority of jobs would require reading and writing. Interpersonal communication is required for sales, or any job that would require from you to socialize personally with others. Calculating skills are more in the accounting, engineering, teaching, and business jobs. So I guess any of these 4 could answer your question.

I hope I was able to help. Thank you.


A print advertisement to encourage people to consume more milk shows the picture of a celebrity with a glass of milk in her hand. Which persuasive technique is implemented in this ad? bandwagon effect endorsement expert recommendation association of ideas

Answers

The right answer for the question that is being asked and shown above is that: "bandwagon effect." A print advertisement to encourage people to consume more milk shows the picture of a celebrity with a glass of milk in her hand. The persuasive technique is implemented in this ad is called bandwagon effect

Which of the following is most strongly supported by the Keynesian perspective of macroeconomics? A. inflation is a price that might have to be paid to achieve lower unemployment
B. inflation offers no offsetting gains in terms of higher unemployment
C. more emphasis on economic growth and how labor markets work
D. shifts in unemployment primary determine changes in the price level

Answers

Answer & Explanation:

A. inflation is a price that might have to be paid to achieve lower unemployment

Final answer:

The Keynesian perspective of macroeconomics supports the concept that inflation is a price that might have to be paid to achieve lower unemployment. This perspective places a high emphasis on government intervention and fiscal policies to stabilize the economy.

Explanation:

The Keynesian perspective of macroeconomics is built on the concept that aggregate demand is the primary driving force in an economy. From this viewpoint, the government plays a key role in stabilizing the economy by influencing aggregate demand through fiscal policy measures, such as government spending and tax policies.

Looking at the options, the statement that most aligns with the Keynesian perspective is 'A. Inflation is a price that might have to be paid to achieve lower unemployment'. This is based on the Keynesian view that during periods of economic recession when unemployment is high, it may be necessary for the government to stimulate the economy, even if it risks causing inflation.

Learn more about Keynesian Perspective here:

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An entrepreneur keeps backup funds in a savings account so that if their business experiences a loss, they will be able to recuperate. What type of risk management is this an example of?

Answers

 

An entrepreneur keeps backup funds in a savings account so that if their business experiences a loss, they will be able to recuperate. This is an example of financial risk management in which the entrepreneur tries to reduce the risk.

Further Explanation:

Entrepreneur:

Entrepreneur is a person who alone can start his business. He is the only owner of his business. He does not have any partnerships with other people. He takes all the losses in the business. He also earns all the profit asan entrepreneur. The successful entrepreneur is those who have the ability of leadership and risk management.

Financial risk is a type of risk loss in which the business is going to lose due to cash shortage. The entrepreneur puts backup funds to meet future losses in the business. Risk management refers to the process in which the entrepreneur manages the risk that may be occurred. This is an example of risk-reducing, as an entrepreneur maintains a savings account if the business faces a loss. The loss can be set off by the savings money available in bank balance. Backup funds are those funds which entrepreneur maintain to meet the unexpected expenses and losses occurred in the business.

Learn more:

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3. Learn more about profit margin

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Answer details:

Grade: Middle School

Subject: Business

Chapter: Entrepreneurship

Keywords: An entrepreneur, keeps backup funds, savings account,business, experiences a loss, able, recuperate, type of risk management, an example, financial risk, reduce risk, earns profit, shortage, own business.

Answer would be reducing risk