Answer:
$11,000
Explanation:
Depreciation expense in year 1 = 0.33 x $50,000 = $16,500
Depreciation expense in year 2 = 0.45 x $50,000 = $22,500
Book value in year 2 = cost of asset - accumulated depreciation
$50,000 - ( $16,500 + $22,500) = $11,000
Considering the situation described above, the statement that is not a possible negative result is "supplies will be purchased according to company policies."
This is because when supplies are purchased according to the company policies, it is expected or believed that this is a positive situation. After all, the supply process goes according to plan.
However, option A is wrong because the possibility of paying for supplies not received or for poor-quality supplies is a loss for the company or bad business.
Option B is wrong because orders made based on friendship rather than on price and quality may lead to a loss on the company's side as the deal may be inflated or supply be of inferior quality.
Option D is wrong because when the employee steals supplies, that leads to a loss on the company's side.
Hence, in this case, the correct answer is option C. "Supplies will be purchased according to company policies."
Learn more here: brainly.com/question/663584
Answer & Explanation:
Modiglani's Life cycle Hypothesis depicts spending & consumption pattern of people, in order to stabilise / or smoothen their consumprtion. The theory has following phases :
- Early (Non Working) Age, Low Income stage : Borrowings are done, to cover up for lack of income that yields desirable stable consumption level.
- Youth, Earning (Working) Age : Savings are done, through surplus of income level over desirable stable consumption level.
- Old, Post retirement (Non working age) : Dissavings are done, funds from previous savings are used to cover for lack of income that yields desirable stable consumption level.
Implication rate for entire economy saving rate : It implies that economy's savings rate is high, if more population comprises of middle aged working population.
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