Answer: $57,455.395
Explanation:
Given that,
Fixed assets purchased = $387,950
MACRS rates are as follows:
Year 1 = 0.3333
Year 2 = 0.4445
Year 3 = 0.1481
Year 4 = 0.0741
Depreciation Expense in Year 3:
= Initial Value or Purchase Price of equipment × MACRS rate for Year 3
= $387,950 × 0.1481
= $57,455.395
Answer: Distribution channel
Explanation:
A distribution channel is one of the type of business process in which the products are get transferred or move from the producer to the customer or the business users.
The distribution channel is basically refers to the business chain in which the various types of products and the services are reaches to the consumer. The distribution channel mainly include are as follows:
- Distributors
- Wholesalers
- Retailers
Therefore, Distribution channel is the correct option.
Answer:
D. An unclassified balance sheet is one whose items are broadly grouped into assets, liabilities, and equity.
Explanation:
A balance sheet can be defined as a financial statement used in reporting an organization's assets, capital, liabilities, debt and equity at a specific period of time.
An unclassified balance sheet is one whose items are broadly grouped into assets, liabilities, and equity.
This ultimately implies that, an unclassified balance sheet is typically used to report an organization's assets, liabilities and equity without separating or grouping them into specific classes (sub-classification of assets, liabilities or equity). Therefore, the financial items are only listed in an order of liquidity with their total.
An unclassified balance sheet is mainly used by small businesses and for internal reporting of financial items.
Answer:
Letter d is correct. <em>Directive</em>.
Explanation:
The directive leadership style is one where there is a leader to advise on essential task requirements, goals, and expectations that should be met by an employee. This style of leadership is often used when there are new or inexperienced employees or when guidance is needed for more complex activities.
The advantages of management leadership are ease of learning, objectivity about organizational expectations, and compliance with compliance with organizational rules and regulations.
Answer:
It is likely that the way things are done in Ronson Foods is not the same as it is obtainable in East Coast Organics,I meant cultural differences.
Explanation:
Without mincing words,culture is about the way things are done in a particular business environment,ranging from the kind of attitude to work expected from employees,their dress code,those things that are acceptable during working hours and those that are not acceptable.
For instance, in some organizations it is forbidden to smoke or drink during office hours while it is not a problem at all in some others,what is important is job delivery.
The major challenge with the prospective acquisition of East Coast Organics is cultural blend.
How do we achieve a balance between the two cultures that would be equitable enough for employees to adjust accordingly.
It might so interest one to note that cultural differences might force productive employees of East Coast Organics to another company where such issue does not arise.