Answer:
d. 6 years
Explanation:
Depreciation is the loss of value of an asset over a period of time. The asset has a useful life period after which it is referred to as scrap.
The value of the asset after it's useful life is called the salvage value.
Useful life of an asset is estimated and deductions in its value are made till the useful life is exhausted.
In this scenario the useful life was initially taken to be 6 years.
After 4 years it was realised a mistake wasade and useful life is supposed to be 10 years
Since useful life of the asset remains contstant, the remaining years of useful life is the real estimate of useful life less years already used.
Remaining useful life = 10 - 4 = 6 years
Answer: a. Competition
Explanation:
The basic premise of the Capitalist economic system is competition. Firms need to compete amongst themselves to be able to sell more to people as well as to make the most profit.
The biggest advantage of competition in capitalism is that it forces companies to become efficient as they try by all means to produce at the lowest cost while still maintaining enough product quality that the customers will still love their brand.
It is therefore good for consumers as well because apart from providing them with good quality theoretically, the consumers get lower prices as well.
Answer:
The risk of arrest.
Explanation:
When someone contemplates robbing an establishment they consider how quickly the police will respond in certain areas.
Answer:
Gamma
Explanation:
Current ratio is an example of a liquidity ratio. Liquidity ratios measure a firm's ability to honour its short terms obligations. the higher the current ratio, the higher the firm's liquidity and its ability to meet short term obligations
Current ratio = current asset /current liability
Alpha = $74,524 / $60,100 = 1.24
Beta = $207,536 / $152,600 = 1.36
Gamma = $60,125 / $32,500 = 1.85
Delta = $95,335 / $82,900 = 1.15
Gamma has the highest current ratio and the best short-term solvency position
