Answer:
2021 = $1,240
2022 = $3,720
Explanation:
Depreciation is basically a decrease in useful life of an asset and it can be calculated by using the following formula:
Depreciation = Cost - Residual Value/Estimated useful life
Per year Depreciation = ($43,000 - $5,800)/10 = $3,720
For 2021
As the asset is purchased on September 1, 2021 so only four months depreciation needs to be charged which is as under.
Depreciation = $ 3,720 * 4/12 = $1,240
2022 = $3,720
For 2022 full twelve months depreciation needs to be charged even if the asset is idle so the total depreciation expense would be $3720
Ethics is a organization's core principle or foundation of working. The HR department is responsible for carrying out various ethical codes and conducts.
Learn more about if you suspect your boss of unethical business practices.
- Ethical challenges can be complex; your response will depend to a great extent on the importance or quality of the ethical breach and on your personal situation. Here are some tips for managing situations when they arise.
- Small, simple ethical breaches may result from employees being lazy, unobservant, or unengaged. Often, the best way to address such issues is to avoid personal confrontation but instead to set clear general policies and respond publicly when they’re not followed. Most employees who have a problem pointed out find it’s easier to behave appropriately than to argue the point.
- More serious ethical breaches may require a more considered response. If you are reliant on your job for an income and your supervisor or coworker is doing something that is unethical but not illegal, you will have to decide whether you can afford to speak up and risk losing your job. If you do decide to speak up, carefully document the problem before saying anything. Be sure you have all your facts straight and can prove your point, especially if you’re the only one who knows about the issue.
- If the issue you’re confronting is illegal (embezzling, breaching the Equal Opportunity laws, sexual harassment, etc.) you must say something—but there is also (in most cases) a clear system for documenting the problem and bringing it to the attention of Human Resources. You may not need to reveal that you are the “whistle blower;” Human Resources will pick up the ball and handle the next steps.
- No matter what the level of ethical concern, be sure you don’t participate just to “get along.” If you truly believe that you’re being asked to do something unethical, make it clear that you are not willing to be part of the problem. While that may be risky at some level, it’s far riskier to be an accessory to immoral or illegal activity.
b) $21,000.
c) $20,000.
d) $18,000.
e) $27,000.
Answer:
c) $20,000.
Explanation:
The computation of the estimated ending inventory is shown below:
We know that
Cost of goods sold = Beginning inventory + purchase made - ending inventory
And, the
Sales - gross profit = Cost of goods sold
$100,000 - $100,000 × 30% = Cost of goods sold
So, cost of goods sold would be
= $100,000 - $30,000
= $70,000
Now the ending inventory would be
$70,000 = $18,000 + $72,000 - ending inventory
$70,000 = $90,000 - ending inventory
So, the ending inventory would be
= $90,000 - $70,000
= $20,000
Based on 30% gross profit ratio, the estimated end inventory for the Big Box Store for the second quarter is $20,000, after accounting for cost of goods sold from the total available inventory.
The Big Box Store operates at a 30% Gross Profit Margin, implying 70% of the sales are accounted as Cost of Goods Sold (COGS). Therefore, the COGS for the second quarter would be $100,000*0.7 = $70,000.
The initial inventory at the beginning of the quarter was $18,000 and $72,000 amount of inventory was purchased during the quarter. So total available inventory is $18,000 + $72,000 = $90,000.
If we subtract the COGS from total available inventory that gives us the estimated ending inventory. That is $90,000 - $70,000 = $20,000. Therefore the estimated ending inventory from Box Store will be $20,000.
#SPJ3
Answer:
free writing
Explanation:
C. polycentricity and strong leadership skills
D. Discipline and flexibility
E. independence, resourcefulness, and entrepreneurship
Answer: (E) Independence, resourcefulness, and entrepreneurship
Explanation:
According to the given question, the Stephanie is the student and she recently done his graduation in the computer programming subject a she is interested in the various types global companies profiles.
So, working in the different countries exhibiting the independence, entrepreneurship and also the resourcefulness skills that helps in managing the good position in an organization.
The above mentions skills helps in providing the effective managerial skills and also resourceful mindset is one of the type of ability that helps in providing the good visualizing for achieving the desirable goals in an organization.
Therefore, Option (E) is correct answer.
A.
cost and expense analysis
B.
competition analysis
C.
sales projection
D.
review of consumer needs
Most price planning begins with a cost and expense analysis.