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Korolek [52]
3 years ago
12

Managing proactively instead of reactively is an example of which of the following

Business
2 answers:
alekssr [168]3 years ago
8 0

Answer:

Explanation:

Answer:

it is an example of minimizing the risk of business

Explanation:

There is a difference between managing proactively and creatively.

Managing creatively only carried out after the company experience some sort of bad circumstances. IT is used to fix the situation.

Managing proactively on the other hand is carried out on a regular basis, even before any bad circumstances happen. This type of management will prevent the company in experiencing unnecessary damage and will be beneficial for the company in the.  long run, This will  minimize the risk that might occur to the company.

Alex73 [517]3 years ago
7 0

Answer:

it is an example of minimizing the risk of business

Explanation:

There is a difference between managing proactively and creatively.

Managing creatively only carried out after the company experience some sort of bad circumstances. IT is used to fix the situation.

Managing proactively on the other hand is carried out on a regular basis, even before any bad circumstances happen. This type of management will prevent the company in experiencing unnecessary damage and will be beneficial for the company in the.  long run, This will  minimize the risk that might occur to the company.

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vovikov84 [41]

Answer:

1. What would depreciation expense be for year 3 under the straight-line method?

= ($480,000 - $30,000) / 8 = $56,250

same depreciation expense for every year

2. What would depreciation expense be for year 3 under the double-declining balance method?

depreciation year 1 = 2 x 1/8 x $480,000 = $120,000

depreciation year 2 = 2 x 1/8 x $360,000 = $90,000

depreciation year 3 = 2 x 1/8 x $270,000 = $67,500

3. What is the first year in which depreciation expense under the straight-line method is higher than under the declining balance method?

under double declining method

depreciation year 4 = 2 x 1/8 x $202,500 = $50,625

In year 4, depreciation expense wil be higher using the straight line method.

4. Assume TarMart uses the straight-line depreciation method for its equipment. Also assume that at fiscal year-end 2020, TarMart sold the equipment purchased at the beginning of fiscal year 2016 for $200,000 cash. Prepare the journal entry to record the sale of the equipment at year-end 2020.

Dr Cash 200,000

Dr Accumulated depreciation - equipment 225,000

Dr Loss on sale of equipment 55,000

    Cr Equipment 480,000

Explanation:

purchase cost $480,000

useful life 8 years

salvage value $30,000

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3 years ago
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Explanation:

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