Answer:
The balance in the accumulated depreciation account at the end of the second year is $146,000.
Explanation:
Straight line method charges a <u>fixed depreciation charge</u> on the asset during its period of use.
Depreciation Expense (Straight line) = Cost - Residual Amount ÷ Estimated Useful life
= $778,000 - $48,000 ÷ 10
= $73,000
Therefore, for each year, a depreciation expense of $73,000 is charged to profit an loss.
Accumulated Depreciation Calculation :
Depreciation Expense : Year 1 $73,000
Depreciation Expense : Year 2 $73,000
Total Expense $146,000
According to Gersick's punctuated team development model is the midpoint of team's project.
<h3>What is Gersick's model?</h3>
Gersick's punctuated equilibrium model suggest that group develop through the sudden formation , maintainence and sudden revision of a framework for performance.
<h3>What are the three stages of group development? </h3>
1) Getting established and transitioning .
2) Connecting and producing .
3) Consolidating and forecasting .
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Answer:
Elementary Education → Accounting → Pharmacy → Crop Production
Explanation:
According to the employment statistics, Elementary education employs the least, and Crop production employs the largest number.
Risk is the major factor to consider when deciding the funding, when funds are provided it is a risk that whether the funds will be received or not.
<h3>What is Risk?</h3>
Risk is the threat of being unable to receive the funds back, this is the highest level of risk, there are many small risks too, but the highest level is losing the money.
There could be a small portion of loss of money or sometimes the debtor completely defaults so not a single penny is retrieved.
Funding is a choice and the debtor should be chose according to the risk appetite of the investor or lender on money.
There are investors who are risk averse are not willing to take the risk and fine with the less amount of returns and there are risk takers, who want high returns in return of high risk of defaulting.
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