The Loss recorded in the year 2 for the table is -$35,841.39.
<h3>What is the profit or loss on the table? </h3>
<u>Year 2 </u>
Monthly Cost in year $1564.29
Maintenance $0
Salary $39600
Fixed cost $0
Variable cost <u>$356.40</u>
Total cost <u>$41520.69</u>
Reimbursements = $5679.30
Profit or Loss = Reimbursements - Total cost
Profit or Loss = $5679.30 - $41520.69
Loss = -$35,841.39.
Read more about Profit or Loss
<em>brainly.com/question/17515276</em>
#SPJ1
Answer:
correct answer is top level management
Explanation:
solution
Strategic leadership explicitly relates leadership to the role of top management because Strategic leadership that have potential to express strategic vision for their organization motivate and persuade others to acquire that vision
and that is top level management which made up of the Board of Director and Chief Executive Officer and Chief Financial Officer and President and the Vice President etc
so correct answer is top level management
The concept by which pay is distributed based on work produced rather than hours worked was called piece work. <span>Piece </span>work<span>, or output </span>work<span> as it is sometimes </span>called<span>, is </span>the concept<span> that workers are </span>paid<span> for </span>work produced rather than<span> the number of </span>hours worked<span>. Hope this answers the question. Have a nice day.</span>
The bank puts interest in your account because they take sum of it to loan to ppl and it’s goes through a lot and comes back to your account and then sum
Answer:
Sumner's has a loss of $-7750 from the sale of the equipment
Explanation:
Solution
Given that:
We compute the amount of profit and loss, few steps will be taken which is given below:
Step 1: we compute the book value of the equipment which is shown below:
Book value = purchase price - depreciation claimed
= $79,100 -$39,550
= $39550
Therefore then book value is $39,550
Step 2: we calculate the amount of Sumner's gain or loss which is shown below:
The gain (loss) is = the value (sale) - book value
= $31,800 - 39550
= -7750
Therefore the loss from the sale of the equipment is -$7750
Which implies that Sumner's has a loss of $-7750
