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Brrunno [24]
2 years ago
14

Which of the following statements regarding coins is not true?

Business
1 answer:
Sergeeva-Olga [200]2 years ago
3 0

Answer:

B

Explanation:

every country have its own currency and coins

Almost every country has a unique currency, although some countries share common currencies

but take an example of India and US

both have different coins India have ruppes

and us have bucks

hope it helps you

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Popular Company utilizes a calendar year as its fiscal year and depreciates plant assets using the straight-line method. On Janu
makvit [3.9K]

Answer:

$2,000

Explanation:

where the cost of the delivery truck is $28,000 and a useful life of 5 years with a salvage value of $3,000,

Annual Depreciation = \frac{28000-3000}{5000}

= \frac{25000}{5}

= 5000

Therefore,

After year 1 which is by January 1st, 2019

Net book value of the truck = $28,000 - $5,000

                                              = $23,000

After year 2 which is by January 1st, 2020

Net book value of the truck = $23,000 - $5,000

                                              = $18,000

After year 3 which is by January 1st, 2021

Net book value of the truck = $18,000 - $5,000

                                              = $13,000

After year 4 which is by January 1st, 2022

Net book value of the truck = $13,000 - $5,000

                                              = $8,000

If the useful life of the asset is extended to 7 years from 5 years, the number of years remaining for the asset as at January 1st, 2022 would be extended from 1 year to 3 years.

Therefore, where the residual value is $2,000

Depreciation per year for the remaining 3 years

=   (8000 - 2000)/3

= 6000/3

= 2000

Popular Company would report $ 2,000 as depreciation expense for the year ended December 31st, 2022.

3 0
3 years ago
Managers must have the tools and resources necessary to "steer" the organization through future unknown conditions and often thr
svlad2 [7]

The correct order is the following:

1.- Assess the current reality.

2.- Establish the mission and vision

3.- Formulate the grand strategy & strategic, tactical & operational plans

4.- Open choices for matching.

5.- Maintain strategic control.

Great leaders know that managers have to assess the current reality of the company, the competitors, and the economic situation of the company, as well as microeconomic and macroeconomic factors. Then, the strategic planning has to begin with the definitions of the mission and vision, as well as the values that will represent the moral "pillars" of the company. Then, it comes the formulating of goals, the strategies to reach the goals, followed by the tactics that will show the details on how to accomplish those goals.

4 0
3 years ago
Selections, a general partnership, operates a gift shop. Selections has five partners. Tony has a one-third interest in the part
deff fn [24]

With respect to management decisions a majority of the partners must agree, irrespective of the size of each partner's interest in the partnership.

<h3>What is partnership?</h3>

A partnership is an agreement in which two or more parties, known as business partners, agree to work together to advance their mutual interests. Individuals, businesses, interest-based organizations, schools, governments, or combinations can form partnerships.

A partnership is a single business owned by two or more people. Each partner contributes to every aspect of the business, whether it's money, property, labor, or skill. In exchange, each partner shares in the company's profits and losses.

The goal of a partnership agreement (or partnership contract) is to create a legally binding contract between two or more individuals or other legal entities in order to establish a business enterprise. This partnership agreement specifies each partner's or entity's rights and responsibilities.

To know more about partnership follow the link:

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3 0
2 years ago
Corinne believed in solving issues between managers and employees by talking and finding solutions together, so when a group of
FromTheMoon [43]

The correct answer is 2;  Corinne would use the process of integration and sit everyone down together to talk it through.

Further Explanation:

Since this type of issue needs to be addressed immediately, Corinne would need to sit everyone down and talk it through to get to the bottom of the sexual advances. When she does this it is called the process of integration. During this process, she will discuss the employees concerns and take their statements.

During the discussion, the employees will be guaranteed anonymity. The complaints will all be taken seriously, and an investigation will be started immediately. The supervisor may be put on administration leave while the investigation is ongoing.  

Learn more about sexual harassment in the workplace at  brainly.com/question/10185961

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7 0
3 years ago
You need to have $30,250 in 17 in years. You can earn an annual interest rate of 4 percent for the first 5 years, 4.6 percent fo
mylen [45]

Answer:

The amount that has to be deposited today is $6205.63

Explanation:

The given parameters are;

The annual interest rate for the first 5 years = 4 percent

The annual interest rate for the next 4 years = 4.6 percent

The annual interest rate for the final 8 years = 5.3 percent

Let the amount deposited be X, we have;

X × (1 + 0.04)⁵ + X × (1 + 0.04)⁵×(1.046)⁴ + X × (1 + 0.04)⁵×(1.046)⁴ ×(1.053)⁸ = $30,250

X ((1.04)^5 + (1 + 0.04)^5×(1.046)^4 + (1 + 0.04)^5×(1.046)^4 ×(1.053)^8) = $30,250

X × 4.875 = $30,250

X = $30,250/$4.875 = $6205.63

The amount that has to be deposited today = $6205.63.

6 0
3 years ago
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