Answer:
management by objectives is the correct answer.
Explanation:
Answer:
Extend the useful life of an asset beyond its original estimate
Explanation:
An extraordinary repair is a major repair that is done to an asset that extends the asset's useful life beyond what was forecasted initially. In other words, an extraordinary repair is an overhaul or upgrade or hat makes an asset to last longer.
Extraordinary repairs are capitalized. This means that the cost of repair increases the asset's book value thereby increasing the depreciation expenses over the asset's revised remaining life.
Answer:
medium of exchange
Explanation:
Cattle is not an effective form of money. Cattle lacks medium of exchange, which makes it ineffective.
Answer:
FV of annuity = $33247.96979 rounded off to $33247.97
Explanation:
To calculate the value of the investment at the end of the period, we will use the formula for the future value of annuity. The annuity is an annuity due as the investment is made at the start of the period. The formula for future value of annuity due is attached.
FV of annuity = (1+0.04) * 1000 *[((1+0.04)^21 - 1) / 0.04]
FV of annuity = $33247.96979 rounded off to $33247.97