Answer:
The answer is 80%
Explanation:
Profit = revenue - cost of sales
=[(50* 300) per 50 front-foot lot * 3 lots ] - 25000 *100
=(45000-25000)/25000 *100
<u>=80%</u>
The amount of annual depreciation by the straight-line method is $18,800.
<h3>Annual depreciation</h3>
a. Annual depreciation
Annual depreciation=[($80,000 - $4,800) ÷ 4]
Annual depreciation=$18,800
b. Annual depreciation
Year 1 Annual depreciation= 10% × $80,000
Year 1 Annual depreciation = $8,000
Year 2 Annual depreciation= 10% × ($75,000 - $7,500)
Year 2 Annual depreciation = $7,520
Therefore the amount of annual depreciation by the straight-line method is $18,800.
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Answer:
losing money
Explanation:
Helps save you from the out of pocket expense if something bad were to happen.
For example if your roof was damaged by a natural disaster it could cost thousnads of dollars out of a persons pocket.
Insurance will pay the cost to repair it allowing you to be protected from losing money.
I guess the correct answer is the narrow view, or invisible hand theory
.
The narrow view, or invisible hand theory, holds that producing profit is more important than being socially responsible.
Answer:
d. purchase the machine because each partner has one vote in management matters
Explanation:
Since in the question it is mentioned that the partners vote whether or not to buy a new machine for $100 so the violet and William would agree on this but Xavier does not agree
Now according to this situation the machine should be purchased as each partner vote is necessary also there is a majority of 2 person to buy the machine
hence, the option d is correct
