They can accomplish this through early retirement.
<h3><u>
Explanation:</u></h3>
Early retirement is a way that we use to stop or discontinue something. Most of the aged person tends to choose early retirement for the purpose of achieving the benefits form the organisation to the most possible level. This decision can be taken when we know that the organisation will be closed in the near future and continuing work will not benefit us.
When we decide for the early retirement the befits that we attain from that will be more than the benefit that are obtained in continuing work. In the given example, Hope college has a plan for next biennium. But, the enrollments are reduced in number and they want to reduce the payroll slowly. Thus this can be accomplished with the help of early retirement.
Answer:
a
Explanation:
Property risk is an example of a pure risk.
Pure risks are risks in which loss is the only possible outcome. It could be full loss or partial loss. Other examples of pure risks are personal and liability risks
Property risk is the risk that a person or company's property would be damaged or lost.
For example, if a building is set on fire or if a car is stolen
Answer:
Garza's net sales equals $143250.
Explanation:
Net sales = gross sales - sales return - sales discount
= $149,000 - $3,525 - $2,225
= $143250
Therefore, Garza's net sales equals $143250.
Answer:
$554,000
Explanation:
Accounting Equation is;
Total Assets=Total liabilities+ Total Stockholders' Equity
$245,000+$795,000=$191,000+$295,000+ Total Stockholders' equity
Total Stockholders' equity =$245,000+$795,000-$191,000-$295,000
Total Stockholders' equity=$554,000
Answer: $35,332,160
Explanation:
The boik value of the purchase will be calculated thus:
Cost of plant = $43,088,000
Useful life = 15
Savage value = $4,308,800
Depreciation per year = ($43,088,000 - $4,308,800) / 15
= $38779200/15
= $2,585,280
Accumulated depreciation after third year will be:
= $2,585,280 × 3
= $7755840
Book value = $43,088,000 - $7,755,840
= $35,332,160
