First step to solving the given question is finding amount of depreciation to be charged each year. As per the generally accepted principles of accounting Straight line method of calculating depreciation is a widely used and accepted method. Thus, we shall use this method to calculate depreciation as below:
Depreciation= (Total Value of Asset- Salvage Value)/ No of years of useful life.
Depreciation=(40900000-4090000)/15
Depreciation= $2454000 per year
Thus at the end of year 1 book value of the asset will be as below:
Cost of the asset $40900000
Less: Depreciation ($2454000)
Book Value of the asset $38446000
Transactional leadership
Transactional leadership is a
leadership style that deals with the function of supervision, organization, and
employee’s performance to achieve high job performance. Leaders who carryout this
style focuses on specific tasks and use rewards and punishments to motivate followers.
The idea that "the invisible hand" of competition sets prices and determines quantities produced in a market economy was the principal idea of B.) ADAM SMITH.
Invisible hand is said to be the metaphor Adam Smith used in referring to unintended social benefits that resulted from individual's actions.
Answer:
The answer is: B) the supply of workers, and the demand curve is the demand for their labor.
Explanation:
In the labor market;
The supply curve represents the amount of labor that the workers are willing to offer at different price levels (wages).
The demand curve represents the number of workers that businesses are willing and able to hire at different wages.
Answer:
d. A customer survey
Explanation:
Data collected by researchers for the first time for a specific study is primary data. A customer survey is a method of collecting primary data. A customer survey gathers information on the research topic directly from respondents.
Primary data like surveys are costly and consume time to collect, unlike secondary data. Other methods of collecting primary data include administering questionnaires, direct or indirect personal interviews, field observations, and experiments.
