Answer:
Depreciation amount at the end of one year is $10,900
Explanation:
Land is not depreciated because land is assumed to have an unlimited useful life. Building is a long lived assest and it has limited useful lives. Therefore, building is depreciated assets.
The building acquisition cost is = Building transaction value + building transfer costs + Renovation cost
= $88,000 + $4,000 + $25,000
= $117,000
Depreciation value = The building acquisition cost - The residual value
= $117,000 - $8,000
= $109,000
Depreciation amount under the Straight-line method is calculated as below:
Yearly depreciation = 
= 
= $10,900
Answer:
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The correct option is b. new responsibilities to learn and people will expect much from you.
Getting promoted is most likely to cause you to reevaluate your priorities as you will have more obligations and higher expectations.
<h3>What is job promotion?</h3>
Promotion in the context of a career means raising a worker's position or rank within a hierarchical structure. Promotion in the context of marketing denotes a distinct form of advancement.
The term "promotion" is used in a variety of settings; two of the most common ones are when talking to a career promotion and when discussing the marketing strategy of promoting a product.
Some key features of promotion are-
- An employee who has demonstrated remarkable performance or who has acquired the required skills and knowledge to take on more responsibility at work is typically given a job promotion.
- In the latter scenario, the worker might have to put in a certain number of hours with the organization before becoming qualified for a promotion.
- For instance, a person who starts out as an analyst at an investment bank might need to serve three years in the this capacity before being given consideration for promotion to a coordinate and control.
- A promotion may come with increased perks and management control over other employees in addition to a pay raise.
To know more about promotion, here
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Answer:
The correct answers would be options B, C, E and F.
Explanation:
Variable expenses are the expenses that change with the increase or decrease of the use of product or service. Variable expenses are usually unpredictable.
In the given question, the discretionary spending, groceries, electricity bill and water bill are variable expenses, as they will increase or decrease with the use of them. For example, the more electricity you consume, the more bill you get and vice versa. Similarly, the more items you purchase in the grocery, the more you will have to pay and vice versa.