Answers
Answer:
Explanation:
INCAPITALIST SYSTEM ,INDIVIDUALS ARE KEY BECAUSE THE GOVERMENT DOES NOT CONTROL ECONOMY .ALL ECONOMIC DECISIONS AND ACTIONS ARE CONTROLLED.......
Related Questions
If any, which of the following statements is FALSE?A. NPV measures the value created by taking on an investmentB. NPV indicates how much a project will improve owner wealthC. NPV is the discounted present value of a project's expected future accounting net income at the required return, subtracting the initial investmentD. None of the above statements is false
Paula, a human resource executive, is setting up a mentoring program at her company. Which action will best help the program succeed
With this in mind, are accountants ethically obligated to report financial information accurately? Does reporting using the generally accepted accounting principles imply accuracy? What are some potential consequences for an external analyst if a company provides inaccurate or misleading financial statements?
What was the decision of the Supreme Court in kelo v.city of New London
monetize and count
express corporate responsibility
Using the perspective of a business owner of a mid-size manufacturer, select the approach/approaches you would recommend for this company (mid-size manufacturer). Support the selection by explaining the approach, describing which of the five (5) environmental positions you espouse, and how the approach and positions relate to key ethical theories we have studied?
1. The environment shouldn’t be protected.
2. The environment should be protected in the name of serving human welfare.
3. The environment should be protected in the name of serving future generations’ welfare.
4. The environment should be protected in the name of serving animal welfare.
5. The environment should be protected for its own sake.
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Answer:
To answer the above question , the closest and which includes all human, animal and realted welfare is
"The environment should be protected in the name of serving future generations’ welfare".
Explanation : when it comes to buisness, ethics and moral with code of conduct the ultimate reason behind this is to make the better world to serve future generation with all such discipline and carry forward the same positive approach towards all human, animal and other welfare's.
By this above option/approach is different and consider a cumulative welfare for better world to serve future generation.
Coming to other option/approach is only specific to certain groups only and it does'nt through light on other's welfare.
To add more , "when you focus on one group of welfare success will be there but if you focus and prioritize together with better competency and required area success path is wide and opened"
So saving and serving the environment to future generation is high valued and required. By this we can able to match the ethical, moral and social responsibality.
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Machine B: The recorded cost of this machine was $180,000. Evers estimates that the useful life of the machine is 4 years with a $9,800 salvage value remaining at the end of that time period.
Prepare the following for Machine A. (Round answers to 0 decimal places, e.g. 5,125. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
(1) The journal entry to record its purchase on January 1, 2017.
(2) The journal entry to record annual depreciation at December 31, 2017.
Answers
Answer:
Please see the solution below:
Explanation:
Machine A:
(i) Total Machine A Cost
Purchase Price = $37,500
Sales Tax = $3,600
Shipping Cost = $100
Insurance during shipping = $50
Installation and Testing Cost = $120
Total Machine A cost = $41,370
(ii) Depreciation
Recorded Cost = $41,370
Less: Salvage Value = $5,950
Useful Life = 5 years
Straight Line Method is used to find depreciation per yer will be:
Depreciation = $7,084
(1) The Journal Entry to record purchase of equipment (Machine A)
January 1, 2017
Dr. Equipment $41,370
Cr. Cash $41,370
(2) The Journal Entry to record annual depreciation (Machine A)
December 3, 2017
Dr. Depreciation $7,084
Cr. Accumulated Depreciation - Equipment $7,084
Final answer:
The total cost of Machine A is recorded as $41,370. The depreciation expense for the year end 2017 is calculated to be $7,084.
Explanation:
The subject matter involves the calculation and recording of purchase and depreciation of assets, a core part of business accounting.
First, to figure out the cost of machine A, we add up the related costs to the purchase price: $37,500 + $3,600 + $100 + $50 + $120 = $41,370. The cost of lubricants is not included as it is an operational cost, not a purchase cost.
(1) Therefore, the journal entry on January 1, 2017, is Debit: Machinery (account title) for $41,370 which is the total cost of machine A.
To calculate annual depreciation, we use the straight-line method. Take the total cost of the machine ($41,370), subtract the salvage value ($5,950), and then divide by the useful life of the machine (5 years): ($41,370 - $5,950) / 5 = $7,084 (rounded to the nearest dollar).
(2) The journal entry on December 31, 2017, to record annual depreciation is Debit: Depreciation Expense for $7,084, and Credit: Accumulated Depreciation for $7,084.
Learn more about Asset Depreciation here:
#SPJ3
Answers
Answer:
$1,539 million
Explanation:
The accounting principle states that assets must equal liabilities plus owner's equity. If assets increased by $534 million and liabilities increased by $261 million, the amount by which equity increased is:
If the initial equity was $1,266 million, JetBlue's equity at the end of the year was:
Answers
Answer:
Ideas
Explanation:
While doing the business in the financial market the fundamental thing that prior supposed is that of ideas which could be respected
With the ideas of an individual, the individual could accomplish their targets and if there is no ideas than it is impossible to accomplish their goals and objectives
Therefore the ideas would be the answer
Answers
Answer:
Pro Forma is a financial statement that facilitates comparison of historic data and projections of future predictions.
Explanation:
Pro Forma have different formats but they all do the same thing. They help forecast a company's financial feasibility, break even, and profitability. According to the present situations assumptions about the financial and operating characteristics can be identified.
The results can be assembled in profit and loss projections. Advantage over job candidates is that the past record can be taken into account.
Answer:
How do you envision this knowledge and skill with pro formas will give you an advantage over other job candidates?
Explanation:
If you know about proformas, you are a specialist in companies that issue a profit announcement and make it available to the public, particularly to potential investors. Additionally, you are able to assess the potential value of a proposed change, such as an acquisition or a merger