Answer:
2. EOM Depreciation Expense 100 Accumulated Depreciation 100
Explanation:
The journal entry to record the monthly expense under straight-line depreciation is shown below:
EOM Depreciation Expense A/c Dr $100
To Accumulated Depreciation A/c $100
(Being depreciation expense is recorded)
The computation is shown below:
= (Purchase value of a fixed assets - estimated residual value) ÷ (useful life × total number of months in a year)
= ($3,750 - $150) ÷ (3 years × 12 months)
= ($3,600) ÷ (36 years)
= $100
Answer:
Path-Goal Leadership Theory
Explanation:
Path-Goal Leadership Theory -
This theory was given by Robert House , in the year 1971 .
It refers to the type of leadership theory , where the behavior of the leader depends on the performance , motivation and satisfaction of the other employees , is referred to as the path - goal leadership theory .
It is also referred to as path–goal theory of leader effectiveness .
Hence , from the given information of the question ,
The correct answer is Path-Goal Leadership Theory .
Answer:
Reduction in work in progress = $7500
Explanation:
given data
time = 10 hours
time = 15 hours
worth = $1,500
to find out
reduction in work in process value
solution
we find work in progress by this formula
work in progress = Flow rate × Cycle Time .......................1
so Initial work in progress is
Initial work in progress = (1 per hour) × 10 hours = 10
and Final work in progress is here
Final work in progress = (1 per hour) × 15 hours = 15
so
Initial work in progress value = 10 × 1500
Initial work in progress value= $15000
and
Final work in progress value =15 × 1500
Final work in progress value = $22500
so
Reduction in work in progress = $22500 - $15000
Reduction in work in progress = $7500
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
7 years (to the nearest year)
Explanation:
Given that;
A = amount
P= principal
t = time
r = rate
A =3P(given in the question)
Formula for compound interest;
A = P(1 + r)^t
Substituting values;
3P = P(1 + 18/100)^t
3P/P= (1.18)^t
3 = (1.18)^t
log 3 = t log 1.18
t = log 3/log 1.18
t = 0.4771/0.0719
t = 6.6 years
t = 7 years (to the nearest year)
