Answer:
$2,000
Explanation:
Net book value at the end of the 3rd year=26,000-((26,000-2,000/6)*3)
=$14,000
Since the useful life of machine is now revised from the 6 years to 10 years, therefore the total remaining useful life of machine is now 7 years instead of 3 years and accordingly the depreciation from year 4 to year 10 shall be calculated as follows:
Depreciation per year from year 4 to year 10=*14,000-0)/7=$2,000
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.
Two accounting equalities to maintain in transaction analysis are Assets and Liabilities + Equity.
One key element of performing accounting transaction analysis is ensuring that the accounting equation is balanced. This means that for every debit account entry, you must have a credit account entry of the same amount.
This accounting equation works as-
Assets = Liabilities + Equity
Assets- This refers to the resources of a company and includes cash and cash equivalents, accounts receivable, and inventory.
Liabilities and equity- The liabilities of a company refer to its financial obligations, such as loans, long-term debts, mortgages, and notes payable.The shareholder’s equity of a company refers to the dollar value of the company and can be calculated by subtracting its liabilities from its assets. Both liabilities and equity show how the company has financed its assets.
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Answer:
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Explanation:
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Answer:
The answer is 60%
Explanation:
Labor force is the total number of people that have job(employed) and the number of people who are willing, able and actively searching for job(unemployed) in a population.
Labor force participation rate is calculated by dividing the labor force by the noninstitutionalized population.
Labor force = employed + underemployed + unemployed
= 96 + 31 + 8
=135 million
So we have:
(135 ÷ 243) x 100 percent.
60% (the nearest whole percentage)
