The right answer for the question that is being asked and shown above is that: "c. the revenue recognition principle. " Revenue is reported on the income statement in the period earned. The accounting concept supporting this reporting is <span>the revenue recognition principle. </span>
Answer:
The correct answer is letter "C": Satisficing Model.
Explanation:
American economist <em>Herbet Alexander Simon's</em> Satisficing Model is an approach that focuses on making the most comfortable decision instead of the most optimal decision in order to accomplish a certain task. Besides, it aims to save the maximum amount of resources possible.
Answer:
Strategic renewal
Explanation:
<u>Strategic renewal
</u> includes the process, content, and outcome of refreshment or replacement of attributes that have the potential to substantially affect its long-term prospects in a company. It is also the process of change and the outcome of adjustment in strategic direction that has the vital potential to determine the long-term competitiveness of a company in its industry
Heather is a Hourly employee and Alicia is a full-time Salary employee.
<h3>What is
employee?</h3>
An employee is someone who works for someone else or a company in exchange for wages or other agreed-upon compensation. An employee is someone who works for McDonald's and is paid a certain amount of money for each hour worked.
Employees are paid to perform specific duties and tasks for their employers. They typically work full-time, part-time, or on a temporary basis. Employees carry out specific job responsibilities and roles, which are usually defined in the job description.
An employer is a person, company, or organization that hires people and pays them for their services. Employees are people who are paid to do work.
To know more about employee follow the link:
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Answer:
The answer is: $18, 750
Explanation:
The double-declining-balance(DDB) method entails computing depreciation of an asset at an accelerated rate. This method is employed when the asset loses value quickly and is expected to generate more revenue at the earlier stages of its useful life. The depreciation is higher at the beginning and lower close to the end of the asset's useful life. The depreciation is computed as follows:
Depreciation = 2 * straight line depreciation percentage * Book value at the beginning of the period
Machine cost: $75, 000
Residual Value: $5, 000
Estimated Life: 4 years/18, 000 hours
Straight line depreciation percentage : 100/4 = 25%
Depreciation Year 1 on DDB = 2 * 25% * $75, 000
= $37, 500
Depreciation Year 2 on DDB = 2 * 25% * ($75, 000 -$37, 500)
= $18, 750
