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jolli1 [7]
2 years ago
15

James Abercrombie has a thriving consulting firm specializing in training boards of directors in decision-making skills. Mr. Abe

rcrombie has had striking success in reducing conflict and hostility among directors and allowing boards to develop more cohesiveness. Mr. Abercrombie is considering expanding his consulting practice overseas. Which of the following statements is most likely to be TRUE?
a. Mr. Abercrombie will have a large market in Japan because the culture highly values consensus decision making.
b. Japanese firms will have little interest in Mr. Abercrombie’s specialty because these skills are already practiced at a high level.
c. German firms will not be interested in Mr. Abercrombie's services because the German system of decision-making is based on authority and few conflicts emerge.
d. Mr. Abercrombie should find significant need for his services in companies in transitional economies
Business
1 answer:
deff fn [24]2 years ago
5 0

Answer:

b. Japanese firms will have little interest in Mr. Abercrombie’s specialty because these skills are already practiced at a high level.

Explanation:

Japanese firms already have great expertise in efficient decision making process and they developed the six sigma method used by companies like Toyota to achieve high quality product and a productive work force.

James Abercrombie specializes in training boards of directors in decision-making skills and had striking success in reducing conflict and hostility among directors and allowing boards to develop more cohesiveness.

Japan will have little need for this because they are already specialised in this field.

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Answer:

A loss of $1400

Explanation:

The double-declining method uses twice the straight-line depreciation method rate in calculating the depreciation amount.

The asset has a useful life of 5 years. The straight-line depreciation rate = 1/5 x 100

=20%.

The double-declining rate will be 40%

The depreciation schedule for two years will be as follows.

Open. Bal Dep. rate Dep. Amount  Book value

$27,500  40%  $11,000   $16,500.00

$16,500  40%  $6,600             $9,900.00

The equipment was sold for $8,500

net gain or loss will be the selling price - book value

=$8,500 - $9,900

=- $1,400

A loss of $1400

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