Answer:
Depreciation Expense for December 31, 2016 = $12000
Explanation:
1st normal Depreciation in order get book value on January 1st, 2016
Depreciation Expense = (Cost - Salvage value ) / Estimated useful life
Depreciation Expense = ($60000-$24000) / 6
Depreciation Expense = $6000
As it straight line method depreciation will remain same So value of Truck will reduce by $12000. Hence, book value of Truck will be ($60000 - $12000) = $48000
Now get new book value by adding current book value of Truck and repairs on truck. ($48000 + $20000) = $68000 and new salvage value is $8000.
New Depreciation expense:
Depreciation Expense = (Cost - Salvage value ) / Estimated useful life
Depreciation Expense = ($68000-$8000) / 5
Depreciation Expense = $12000
Answer:
The correct option is D, eight months for the first payment; six months for the second payment
Explanation:
From the information provided,it is very clear that interest payment would not made until January 1st 2021,which is 8 months after the date of bond issue.
This means that interest due on July 1st 2020 of two months would be paid together with that which becomes due on 1st January 2021 for six months,hence the first interest payment is for 8 months while the next one would the normal six-month cycle.
As a result,it is convincing enough that option D fits the explanation in all respects.
Answer: Esposued values
Explanation: In simple words, espoused values refers to the perceptions and ideas that are inherited on behalf of the organisation by its top managers and executives. These values are inherited in the annual reports or general meetings of the organisation.
In the given case, the founders of HP made sure that employees get lots of responsibility and freedom for innovation.
Thus, we can conclude that their decisions are an example of espoused values.
Answer:
Vincent and Jean are two cooks who work in a village. Each of them can either bake cakes or make pizzas. Every ingredient is readily available to them, and the only scarce resource is the cook's time. Vincent can bake 10 cakes or make 5 pizzas in an hour. Jean can bake 12 cakes or make 8 pizzas in an hour
Which cook has the absolute advantage in baking cakes?
Jean has the absolute advantage in baking cakes
Which cook has the absolute advantage in making pizzas?
Jean has the absolute advantage in making pizzas
Which cook has the comparative advantage in baking cakes?
Vincent has the absolute advantage in baking cakes
Which cook has the comparative advantage in making pizzas?
Vincent has the absolute advantage in making pizzas
Explanation: