1. Know your assets and liabilities
2. Calculate your expenses and income
3. Manage your cashflow
4. Do a good investment (don’t invest in unnecessary things)
5. Learn more or study
Answer:
Depreciation = $24900
Explanation:
Below is the calculation of depreciation:
Cost of equipment = $135000
Salvage value = $10500
Useful life = 5 years
Depreciation = (Cost of machine - salvage value) / useful life
Depreciation = (135000 - 10500) / 5
Depreciation = $24900
Answer: Annual Report
Explanation:
Completing the question with right answer:
An annual report is a yearly published statement of the financial condition, progress and expectations of an organization.
The financial report is normally targeted at the stakeholders and other individuals who have interest in the organization.
The answer for this question would be
A) Rationing or the first option.
