The national government frequently uses specific types of grants to obliquely encourage corporate development. An official cash award provided by a federal, state, or municipal government body for a worthwhile enterprise is known as a government grant. It functions as a transfer payment in essence.
Technical help and other forms of financial support, such as loans, loan guarantees, and interest rate subsidies, are not included in grants. The most prevalent types include grants for small businesses, science-related grants, awards for nonprofit organisations, and grants for education.
Each person or organisation must fulfil conditions established by the government in order to be eligible to receive grant monies. Government funding for grants is authorised and appropriated.
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Answer:
a. 0.05
b. $68,750
a. $1,150,000
b. 0.1
c. $115,000
Explanation:
Depreciation expense using the double declining method = Depreciation rate x cost of the asset
Depreciation rate = 2 x (1/useful life) = 2 / 40 = 0.05
The double-declining-balance depreciation for the first year = 0.05 x $1,375,000 = $68,750
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
The depreciable cost = Cost of asset - Salvage value = $1,450,000 - $300,000 = $1,150,000
The straight line rate = 1 / useful life = 1 / 10 = 0.1
The annual straight-line depreciation = $1,150,000 x 0.1 = $115,000
Answer:
1,000 Unfavorable
Explanation:
AH x AR = $84,000;
AH x SR = $83,000;
SH x SR = $85,000.
Compute the labor rate variance
then,
($84,000 - $83,000) = 1,000 Unfavorable
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This desire to reduce internal tension is a crucial aspect of the drive-reduction theory.
<h3 /><h3>What is drive-reduction theory?</h3>
It corresponds to a psychological theory developed by Clark Hull, who believed that individuals are motivated to meet their basic needs, which are psychological and physiological needs.
Therefore, a behavior to reduce the unpleasant sensation of cold would be a physiological motivation proposed by the drive-reduction theory.
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Answer:
D) Growth in earnings per share averaging 15% or better annually for the next five years
Explanation:
First of all, objectives must be well defined and measurable. That is why increasing profitability is a good idea but not a very good strategic objective, since a 0.00001% growth in profits will still comply with it. The same applies with growing market share.
Improving product quality will help improve total sales but it is not a financial objective.
The only financial objective that is precise and measurable is option D, which sets the goal of increasing earnings per share at least 15% every year.
