Answer:
A. $55,000.
Explanation:
The cost of the new machine in 2009 is $600,000
The residual value was $50,000
Useful life is ten years
Under the straight-line depreciation method, the depreciation amount in 2020 will be
The depreciable amount the machine cost - residual value
= $600,000 - $50,000
= $550,000
The depreciation rate will be 1/10 year x 100 = 10%
depreciation per year will be 10% x 555,000
=10/100 x 550,000
=$55,000
Depreciation 2010, the second year will $55,000 since the depreciation amount is a constant figure under the straight-line method.
Answer:
The managing director has the nominal power but he is a paper tiger, and it is his assistant who actually runs the company.
Answer:
Google acts according to the efficiency wage theory.
Explanation:
The efficiency wage theory states that if an employer increases the wage of his/her employees, they will be motivated and their productivity will increase. The increase in productivity should offset the increased labor costs. So the costs of higher wages should be recouped through increased productivity. Higher wages also reduce worker turnover, reducing hiring and training costs.
Answer:
PV= $69,221,998.63
Explanation:
Giving the following information:
Future Value= $750,000,000
Number of periods (n)= 25 years
Discount rate (i)= 10%
<u>To calculate the present value, we need to use the following formula:</u>
PV= FV / (1 + i)^n
PV= 750,000,000 / (1.1^25)
PV= $69,221,998.63
Based on the information given the journal entry for this transaction includes a: Debit Factory Wages Payable $200,000; Credit Cash $200,000.
Based on the given details the we were told that total factory payroll of the amount of $200,000 was paid by cash by the manufacturer.
Hence:
The appropriate journal entry to record this transaction is:
Debit Factory Wages Payable $200,000
Credit Cash $200,000
(To record factory wages payable)
Learn more here:<em>brainly.com/question/15562913</em>
