Answer:
a. Balance Sheet
Explanation:
The balance sheet reports the total assets, total liabilities and stockholder equity.
The total asset is comprised of the current asset, fixed assets, and the intangible asset
The total liabilities comprise of current liabilities and long term liabilities
The aim to make the balance sheet is to analyze the liquidity, financial performance, position of the company
Whereas the cash flow statement shows the inflow and outflow of cash and the income statement records total revenues and total expenditures.
Answer:
c. 80 dollars.
Explanation:
Opportunity cost represents the next best alternative missed. It is the forfeited benefits arising from choosing one option over the others. Opportunity cost is expressed as a value or the worth of the forgone alternative.
Lisa's opportunity cost is $ 80. She has valued going out with her friend at $ 80, which is the highest value amongst her three choices. Since she can not engage in all the three activities at the same time, the next best alternative to writing her exam is the opportunity cost.
Usually D.) Focus Group
They are a small group of people who will review and give feedback on a test product. The other alternative (B, sample audience) is for when the product is usually already in its earl development stage. (Not a prototype)
Answer:
First year depreciation expense is $2,250
Explanation:
Total depreciation expense is given by:
Price - Salvage Value = 40,000 - 4,000 = 36,000
That $36,000 depreciation expense would be spread out for 200,000 miles.
So for the first year in which the truck is used 12,500 miles, the depreciation expense will be
![\frac{36,000}{200,000}\times{12,500}{=2,250}](https://tex.z-dn.net/?f=%5Cfrac%7B36%2C000%7D%7B200%2C000%7D%5Ctimes%7B12%2C500%7D%7B%3D2%2C250%7D)
Question answered.
Note:
![\frac{Depreciable \,Cost}{Units \,in \,Useful \,Life}{=Per-Unit\,Depreciation}](https://tex.z-dn.net/?f=%5Cfrac%7BDepreciable%20%5C%2CCost%7D%7BUnits%20%5C%2Cin%20%5C%2CUseful%20%5C%2CLife%7D%7B%3DPer-Unit%5C%2CDepreciation%7D)
![{Per-Unit\,Depreciation \times \,Units \,During \,Year = Annual \,Depreciation \,Expense](https://tex.z-dn.net/?f=%7BPer-Unit%5C%2CDepreciation%20%5Ctimes%20%5C%2CUnits%20%5C%2CDuring%20%5C%2CYear%20%3D%20Annual%20%5C%2CDepreciation%20%5C%2CExpense)