The reason why it is difficult for Rivals to challenge atlas
door is probably because of the high threat of substitutes in which the rival
fears that the atlas door will replace them and send them off out of the
business when they are overpowered by the other party.
Answer:
a.A credit to Accumulated Depreciation of $45,000
Explanation:
Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.
It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset
Mathematically,
Depreciation = (Cost - Salvage value)/Estimated useful life
The entries for recording depreciation are
Debit Depreciation expense
Credit Accumulated depreciation
Depreciation on equipment
= $450,000/10
= $45,000
Answer: Employee, worker and self-employed.
Explanation: An employee is an individual who has entered into or works (or worked) under the terms of a contract of employment.
A Worker A worker who is not an employee works under a contract whereby the individual.
A self-employed is the state of working by themself not as a employee .
Answer:
$73,500
Explanation:
Given data
Amount expected to be collected $898,000
Allowance for uncollectible accounts at 1/1/20 - credit balance $102,000 Accounts written off as uncollectible during 2020 $68,500
Accounts receivable at 12/31/20 $971,500
Uncollectible accounts recovered during 2020 $14,900
The computation of the bad debt expense is shown below:
Bad debt expense = Ending balance of account receivable - amount expected to be collected
= $971,500 - $898,000
= $73,500
By trying to find out the number of employees the company will need, Nadene is engaging in <u>B. planning. </u>
Functions of Human resource managers include:
- Planning to see the human resource needs of a company
- Recruiting to acquire labor for a company
- Training to ensure that workers in a company acquire relevant skills
Nadene is engaged in planning because she is trying to find out the human resource needs of the company so that she may be able to fulfil it.
We can therefore conclude that in deciding the number of employees that need to be hired, Nadene is engage in planning.
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Options for this question include:
A) recruiting.
B) planning.
C) training.
D) selling.
E) compensating.