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Bess [88]
3 years ago
8

Taylor organizes and manages all his files and folders logically. How does this activity help Taylor in his daily work environme

nt?
Business
1 answer:
Morgarella [4.7K]3 years ago
8 0

Answer: improves efficiency for Taylor at work

Explanation:

Taylor's ability to manage all his files and folders logically helps him to be efficient in his work place. He is able to track every event, plan his day and knows what to do when either things are going well or not, and how to follow every detail of his business.

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Concord Corporation purchased a depreciable asset for $175700. The estimated salvage value is $14200, and the estimated useful l
kherson [118]

Answer:

the depreciation base of this asset is $161,500

Explanation:

Depreciation Base is the Value that is divided y the useful life to obtain the depreciation charge of an asset.

Depreciation Charge under straight line method is calculated as :

Depreciation = (Cost - Salvage Value)/Number of Useful Life

Therefore depreciation base of this asset is $175700 - $14200 = $161,500

6 0
4 years ago
1-a. Calculate the future value at the end of six years. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(
Digiron [165]

Complete Question:

Calculate the future value at the end of six years of an investment of $605,000 made on January 1, 2020.  The investment compounds interest semi-annually at the rate of 8% per annum. FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.)

Answer:

The future value of the investment is:

$968,624.49

Explanation:

a) Data and Calculations:

Present value of the investment = $605,000

Interest rate = 8% p.a.

Interest is compounded semi-annually (or 2 times in a year)

Period of investment = 12 (6 x 2)

Using an online finance calculator:

FV (Future Value) $968,624.49

PV (Present Value) $605,000.00

N (Number of Periods) 12.000

I/Y (Interest Rate) 4.000%

PMT (Periodic Payment) $0.00

Starting Investment $605,000.00

Total Principal $605,000.00

Total Interest $363,624.49

5 0
3 years ago
What did the president mean when he said he had to face “very difficult choices” when creating a federal budget?
NARA [144]

Barack Obama was talking about the choices on the priorities of the budget.

Education, Health, Security, among others are part of the State's responsibilities and dividing the budget to meet society's needs in these and other areas is a very difficult task.

Soooo B

Hope this helped!!

~BBGLUVER

6 0
3 years ago
Read 2 more answers
Why is it necessary to maintain a fixed asset register and what does it enable you to do? ​
Jobisdone [24]

Answer:

There is financial consequence to not maintaining an accurate asset register. Every business should know at any given time where their assets are and in what condition they are in. The tracking of assets can prevent theft and loss and the maintenance of assets can extend the life of the asset. There are major tax benefits to any business tracking their assets correctly. In most cases it is a statutory requirement to have an asset register.

Explanation:

8 0
3 years ago
A business will construct its financial statements in a particular order because they are interrelated. This means that items fo
Blizzard [7]

Answer: d. Net income is part of the computation for ending retained earnings.

Explanation:

In the statement of owner's equity, Retained earnings are calculated and it is done with the Net Income. This is why when the net income is calculated from the Income Statement it is transfered to the SOE and used to calculate Retained Earnings.

Retained Earnings are calculated by the formula,

Ending Retained = Opening Retained Earnings + Net Income (losses) - Dividends

Net income is added to (or subtracted from if it is a Net loss) the Opening Retained earnings balance. Net dividends are also subtracted.

7 0
4 years ago
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