Answer:
correct option is $13,000
Explanation:
given data
leases office = $7,000 per month
Phoenix incurs = $65,000
yield benefits = 8 years
remaining on its lease = 5 years
solution
we know that The cost of leasehold improvement is depreciate whichever is less
(a) Remaining Lease Term
(b) estimated useful life of improvement
so Annual depreciation of Leasehold Improvement will be here
Annual depreciation of Leasehold Improvement = 
Annual depreciation of Leasehold Improvement = $13,000
so correct option is $13,000
Answer:
The correct answer are A and E.
Explanation:
Cost leadership is where the company intends to be the lowest cost producer in its industrial sector. The company has a broad picture and serves many segments of the industrial sector, and can still operate in related industrial sectors. The breadth of the company is often important for its cost advantage. The sources of cost advantages are varied and depend on the structure of the industrial sector. They can include the persecution of economies of scale of own technology, preferential access to raw materials.
A successful cost leadership strategy is disseminated throughout the company, as evidenced by high efficiency, low overhead, limited benefits, waste intolerance, thorough review of budget requests, extensive control elements, rewards linked to cost concentration and extensive employee participation in attempts to control costs.
Some risks of following cost leadership is that competitors could mimic the strategy, decreasing the profits of the industry in general; that technological advances in the industry could make the strategy ineffective or that the interest of the buyers could be diverted towards other characteristics of differentiation besides the price.
Answer:
True
Explanation:
It is True because net income is shown in the Balance sheet as a credit account as it increases the revenues and as a debit column in the Income Statement of the end-of-period spreadsheet.
This entry is reversed for the net loss. It would be shown as a debit column in the Balance Sheet ( indicating an expense/ a loss) and as a credit column in the income statement.
The net income is shown as a debit column in the Income Statement of the end-of-period spreadsheet indicating that the credits ( revenues) are more than the debits ( expenses) and we get the balance of the income after deducting the expenses from the revenues. It is entered above the debit totals.
Answer:
Yes, because Henry had authority to sell the horse
Explanation:
In the given scenario Henry had apparent authority to sell the horse.
Apparent authority is the ability of an agent to act on behalf of a principal even though this is not clearly stated out. It is as a result of a third party assuming the agent has such power.
James rightly assumed Henry had the power to sell the horse.
So the sale of the horse is binding on Eleonore.
Answer:
B. Joint venture
Explanation:
Since what Axiom needs is a mode of entry which would give it access to local knowledge, allow sharing of development costs and risks, and also be politically acceptable then joint venture would be the most suitable.
Joint venture is a businesssituation where two or more parties join resources together to accomplish a specific task
