Answer:mission and vision of the garage
Explanation: Mission — Provide excellent, on time service at a reasonable price Strategy — keep cost down by employing only the people you need Order parts when needed Advertise for business through word of mouth, fends, and referrals. 1- Goods and services design — prices are set on a per hour shop labour basis determined by a preset formula 2- Quality — certification is required to be employed at the shop Poor labour could negatively impact the reputation of the business 3- Process and capacity design — Business is laid out for the day by the shop manager, and done so on a per job basis Those jobs taking the longest will be started earliest in the morning 4- Location selection — The shop was chosen in a pre-existing building, on a busy street with lots of passing traffic for high exposure 5- Layout design — The layout of the work area is designed for easy access to tools and other necessity.
Answer:
The correct answer is A) $2.800
Explanation:
Using the straight-line method to depreciate, the calculation to find the depreciation tax shield is the following:
- Finding the depreciable cost:
![Depreciable cost = purchase price ($70,000) - salvage value ($14,000) = $56,000](https://tex.z-dn.net/?f=Depreciable%20cost%20%3D%20purchase%20price%20%28%2470%2C000%29%20-%20salvage%20value%20%28%2414%2C000%29%20%3D%20%2456%2C000)
- Finding the depreciation per year:
![Depreciation/year = \frac{Depreciable cost (56,000)}{Asset useful life (7 years)} = $8000](https://tex.z-dn.net/?f=Depreciation%2Fyear%20%3D%20%5Cfrac%7BDepreciable%20cost%20%2856%2C000%29%7D%7BAsset%20useful%20life%20%287%20years%29%7D%20%3D%20%248000)
- Finally, the depreciation tax shield for 2018:
![Depreciation tax shield = Dep/year ($8,000) * tax rate (0,35) = $2,800](https://tex.z-dn.net/?f=Depreciation%20tax%20shield%20%3D%20Dep%2Fyear%20%28%248%2C000%29%20%2A%20tax%20rate%20%280%2C35%29%20%3D%20%242%2C800)
The question is incomplete. The complete question is as follows,
At December 31, 2011 the accounting records of Gordon, Inc. contain the following items:
Accounts Payable 2500
Land 30000
Building 31250
Notes Payable ?
Retained earnings 125000
Accounts Receivable 18750
Cash ?
Equipment 40000
Capital Stock 12500
If the Notes Payable is $10,000, the December 31, 2011 cash balance is:
Answer:
Cash = $30000
Explanation:
The accounting equation states that the sum of total assets is always equal to the sum of total liabilities plus total equity. We can state the equation as follows,
Total Assets = Total Liabilities + Total Equity
So,
(30000 + 31250 + 18750 + 40000 + Cash) = (2500 + 10000) + (125000 + 12500)
120000 + Cash = 12500 + 137500
Cash = 150000 - 120000
Cash = $30000
Because it is you will find the answer soon and hopefully I don’t know
Answer:
Devil's Advocacy
Explanation:
Devil's advocacy states that when an organization permits to an individual for criticizing the happenings in the firm at the time when the decision is relevant. The other person would be limited to access so this would increase the productivity and limits the group thinking
So here according to the given situation, Jim's allowance of Clara to display the proposal for criticism is called as the Devil's advocacy.