Answer: All three methods result in the same amount of total depreciation
Explanation:
Depreciation is when the value of an asset has been reduced because the asset has been used or due to wear and tear.
When considering total depreciation recorded over the entire life span of an asset, the method resulting in the highest total depreciation is the straight line method, the double declining balance method, and the activity method.
Therefore, option the answer will be that "all three methods result in the same amount of total depreciation". This is because the amount charged for depreciation can not exceed the cost involved and will be identical for the three methods
Answer:
The cost per month is increasing at a rate $365.
Explanation:
Differentiation Formula
Given that,
A manufacturer of handcrafted wine racks has determined that the cost to produce x units per month is given by
.
Again given that,
the rate of changing production is 13 unit per month
i.e 
To find the cost per month, we need to find out the value 
when production is changing at the rate 13 units per month and the production is 70 units.
Differentiating with respect to t
Plugging
[ plugging x=70]
=364
[ The unit of c is not given. Assume that the unit of c is dollar.]
The cost per month is increasing at a rate $365.
Answer:
Boat is an asset.
Most liquid = $5 bill
Second most = Fund in saving account
Third most = Bond
least liquid = Boat
Liquidity means easily convertible into cash. $5 bill is the most liquid while asset cannot be easily and readily convertible into cash.
Explanation:
Answer:
B. The results are objective.
Explanation:
Thei return with the information that customer demand for quality in their dinner weren't met.
When the customer order something it is a plate it likes therefore, it should not return the order. If it does then, the restaurant is not doing a good job in the quality department.
It should check now for either decrease in their quality or adapt into the customers preference change
Answer:
a. Budgets are detailed forward-looking financial reports based on expected income and expenses.
Explanation:
A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.
The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.
The final step by the management of an organization in the financial decision making process is making necessary adjustments to the budget.
The benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.
It is typically used by various organizations or companies due to the fact that, it's tied directly to the strategy and tactics of a company on an annual basis. Also, it is used to set a budget for marketing efforts while anticipating on informations about the company.
[ where a is a constant]