Answer:
Entrepreneurship is the ability to create and build something from practically nothing. It is initiating, doing, achieving, risk – taking and building an enterprise. organizations, particularly new businesses generally in response to identified opportunities.
Answer:
The correct answer is letter "C": during the design phase.
Explanation:
In order to minimize costs during the production process of a good, it is better to identify potential issues during the design phase. It allows the organization to correct the problem and even improve the quality of the initially expected good. Besides, if the issues are corrected before the product is commercialized, it will avoid the company of being imposed lawsuits for not carrying out proper quality assurance inspections.
Answer:
a. $29,000
b. $214,000
c. Yes
Explanation:
a. Annual Depreciation expense:
= (Cost - salvage value)/ Useful life
= (330,000 - 40,000) / 10,000
= $29,000
b. Net book value at end of 4th year:
= Cost - 4 year depreciation
= 330,000 - (4 * 29,000)
= $214,000
c. One test to see if equipment is not impaired is that the Expected Undiscounted cashflows need to be higher than the net book value. This is not the case here as the Net Book value of $214,000 is higher than the expected Undiscounted cash inflows of $185,000. Equipment is therefore impaired.
Answer:
The amount of effective interest expense that chaco will record in the first six months is $14,375
Explanation:
interest payment that will be first made is on June 30, Year 1. Therefore, the outstanding balance used in the calculation is the issue price.
The interest expense is calculated by these formula
Interest expense = Effective semiannual interest rate × Outstanding balance
Interest expense = (8% ÷ 2) × $359,378 = $14,375
So the interest expense is gotten as %14,375
The shelves must be at least 15 centimeters or 6 inches above the floor.
Hopefully this helps :)
