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laila [671]
3 years ago
8

Specialization is important in an economy because it leads to which important economic concept?

Business
1 answer:
rewona [7]3 years ago
7 0

It leads to voluntary exchange.

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On October 1, 2022, Sheridan Company places a new asset into service. The cost of the asset is $81000 with an estimated 5-year l
Ahat [919]

Answer:

the depreciation expense for 2022 is $3,000

Explanation:

Straight line method of depreciation charges a fixed amount of depreciation over the period of use of an asset.

Depreciation Expense = (Cost - Residual Value) / Number of useful life

                                      =  ($81000 - $21000) / 5

                                      =  $12,000

The Annual depreciation charge for this machine will be $12,000 for each of the years that it is used in the business.

However since it was paced in use during the year that is 1 October, we have to apportion the Annual charge withe number of months that its has been in use during 2022.

It has been used for 3 months thus depreciation charge is :

Depreciation = 3/ 12 × $12,000

                      = $3,000

8 0
3 years ago
Sandra, George, Jose, and Antwan are working on a project for a customer that is aimed at cutting the client's utility costs. Th
Maksim231197 [3]

Answer:

Virtual organization

Explanation:

A virtual organization or the business is the one which is defined as whose members are apart geographically, generally working through computer e- mail as well as groupware when appearing to others which is to be unified, single company with the real location physically.

In short, it is the permanent or temporary collection of the geographically dispersed groups, company, entire or individual units which ground on the electronic linking so that to complete the process of production.

So, in this case, the workgroup working on e-mail, phone and collaborative computing in order to complete the project. Therefore, it is an example of virtual organization or company.

5 0
2 years ago
The unemployment rate reported by the Bureau of Labor Statistics includes all of the following type of unemployment with the exc
Inga [223]
The correct answer for the question that is being presented above is this one: "hidden unemployment." The unemployment rate reported by the Bureau of Labor Statistics includes all of the following type of unemployment with the exception of hidden employment.
8 0
3 years ago
J. S. Bach's organ chorale prelude "Jesu, Joy of Man's Desiring" is an example of ______ texture.
drek231 [11]
The answer is "polyphonic" 

Hope this helps:)
3 0
2 years ago
Read 2 more answers
Which of the following is an example of a financial asset?
Margaret [11]

Answer:

A. cash

Explanation:

cash is used in finance

5 0
2 years ago
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