Answer:
Financial advantage of further processing =$23,700
Explanation:
A company should process a product further if the additional revenue from the split-off point is greater than than the further processing cost.
Also note that all cost incurred up to the split-off point are irrelevant to the decision to process further .
$
Additional sales revenue from further processing
($22-$17)× 6,500 32,500
Less further processing cost <u> (8,800)</u>
Financial advantage <u> 23,700</u>
Financial advantage of further processing =$23,700
Answer:
D) democratic
Explanation:
A democratic leadership style is a type of leadership where a leader asks for the inputs of emoloyees in making decisions and the final decision made by the leader is based on the inputs of members.
Jared's boss allows his staff to give inputs but he makes the ultimate decision .
In an autocratic leadership style, the leader doesn't take any input from employees when making decisions.
Laissez faire is a type of leadership style where employees are given a free rein in the company.
Answer:
$12,936,120
Explanation:
The formula for calculating compound interest
=FV = PV × (1+r)n
Fv = future value
PV present value
r interest rate =10 %
t =time = 5 years
Future value= 12million x(1+10/100)5
=12,000,000 x (1+0.1)5
=12,000,000x1.61051
= $12,936,120
Answer:
The depreciation expense would amount to $15,500
Explanation:
Under the double declining method, the formula is as:
Annual depreciation expense = Net Book Value × 2 / Number of years
where
Net book value amounts to $77,500
Number of years is 10 years
Putting the value above:
Annual depreciation expense = $ 77,500 × 2 / 10
= $77,500 × 0.2
= $15,500
NOTE: Under the method of double declining, the residual or the salvage value is not considered or ignored.
When using the double-declining method, residual value is ignored.
Mark recently started a small consulting firm. He is drafting a detailed written statement that describes the nature of the business, the target market, the advantages the business will have over competition, and the resources and qualifications of the owner(s). Mark is writing a business plan.
A business plan is a written document that describes in great depth the goals and objectives of a company. A business plan outlines a documented strategy for the company's operations, finances, and marketing. Business plans are used by both new and established businesses.
A business plan is a formal written document that outlines the objectives of the company, how they will be reached, and when they will be accomplished.
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