Non material invention include IDEAS, BELIEFS, VALUES AND NORMS, while material inventions include TOOLS, EQUIPMENT AND DEVICES.
Non material inventions are those thoughts or ideas that make up a culture while the material invention refers to those devices and tools that are used in a culture to produce material things.
The employee can rationally discuss the decision and how they feel about it with the superior. Try to avoid conflict and try to use statements such as “ I think” or “ I believe” then back it up by facts. If you use those statements it leaves “wiggle room” so you’re not wrong. If you say that something is and it isn’t than they’re going to dismiss you as wrong.
Answer:
The correct answer is: Wholly-owned subsidiary.
Explanation:
A Wholly-owned subsidiary is a company whose common stock is 100% owned by another company. When a company owns less than 50% of another company it holds a minority interest in that company. With a wholly owned subsidiary, the parent company can control all production, management, and profits but it also shares costs and responsibilities.
A company tries to serve the segments whose needs match their <span>abilities to deliver/delight.
When a company decided to provide its service only to a specific market, the company will get a stronger footing and marker positioning in that market, which will help the company in obtaining a lot of loyal customer for its products.</span>
Answer:
Mercury Company
Sale of Equipment account:
Equipment $150,000
Acc. Depreciation 112,000
Book value $38,000
Cash received $38,000
Explanation:
a) Data and Calculations:
Equipment Account:
Beginning balance $750,000
Ending balance 600,000
Sale of equipment $150,000
Accumulated Depreciation - Equipment account:
Beginning balance $500,000
Depreciation expense 40,000
Ending balance 428,000
Sale of Equipment $112,000
b) The Cash received from the sale of Mercury Company's equipment is equal to the book value in Year 2 according to the question. Since the book value (value after accumulated depreciation) is $38,000, that means that the equipment was sold at $38,000 recording no profit or loss for the company on the sale.
