Answer:
False
Explanation:
1) In Japan, this is rude to openly tip waiters, waitress, etc. So to avoid squabbles over tipping some restaurants ask politely if they may charge a fee of 15% on coupons. But it is not expected, nor it is mandatory to have this rule. It is humiliating, disgusting for somebody to ask or wait for tips.
Tips are not seen as an incentive to better work in Japan.
2) Tips in Europe is way too modest, than in the US. In some countries it is not even expected, but the tips range within 5% to 10% when it is necessary.
3) Kellyanne is wrong in both pieces of information
Answer:
DM Cost per Equivalent unit: 4.25
Explanation:
22400 beginning 60% materials 20% conversion
140,000 started
33600 ending 90% materials 40% conversion
Beginning Inventory
DM 71,160
DL 26,610
MO 20,110
Conversion Cost 46,720
Cost during the month
DM 618,800
DL 241,330
MO 513,600
Conversion Cost 754,930
Equivalent units Materials
22,400 * .4 8,960
140,000 140,000
33,600 * .1 (3,360)
145,600
DM Cost per Equivalent unit: 4.25
Answer:
It allows the depreciation tax savings to be realized earlier
Explanation:
Because the time value of money, it is better to realize the tax saving earlier than later. The accelerated depreciation generates a higher depreication expense on the first periods. Because the first periods are the more fragile of the business, this tax shield becomes substancially more useful than the tax shield on the later periods.
It is important to notice that the total depreciation expense will be the same regardless of the depreciation method. It is only the time at which this expenses are distrubtes what changes.
Essentially, your net worth is the value of what you own, minus what you owe. Or, as a formula: assets – liabilities = net worth