Answer:
The action of ACME global represent the influence of Government in the external environment of an organisation
Explanation:
The external environment of an organisation represents the factors outside the environment that is capable of influencing the decision of the organisation. It consists of the outside factors that influences the organisation. e.g social cultural, political, economic, technological factors among others.
One of these factors is the Political/ Legal factor:
The political / legal factor focuses on the influence of government on business organisations. It reviews how government laws, policies, and rules affects the operation of business. The rules and regulations or policies put in place by the government has the capacity to influence the business decision.
In the case of ACME global hiring a director of safety, they are doing so in other to comply to the occupational safety and Health Act that is most definitely enacted by the government.
Therefore we can say that the action of ACME global represent the influence of Government in the external environment of an organisation
Answer:
- Other Comprehensive income = $37,500
- Comprehensive income = $154,500
Explanation:
Other comprehensive income:
= Realized gain on sale of available-for-sale debt securities + Unrealized holding gain arising during the period on available-for-sale debt securities - Reclassification adjustment for gains included in net income
= 11,000 + 34,000 - 7,500
= $37,500
Comprehensive income = Net income + Other comprehensive income
= 117,000 + 37,500
= $154,500
Answer:
You get the highest net income in year 2 with <u>Units-of-production method.</u>
Explanation:
Schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods is attached.
<u>Straight-line
</u>
Depreciation expense 2nd year=$5.000=(Original Value -Residual Value)/Useful life
<u>Units-of-production
</u>
Units of Production Rate=2.5=(Original Value -Residual Value)/estimated productive life
Depreciation expense 2nd year= 7250
<u>
Double-declining-balance.
</u>
Depreciation rate 20,00% 1/useful life *100
Depreciation expense 2nd year= 6720
Answer:
True
Explanation:
That is true for any product but luxury products.
It reduced the cash flow to product innovation. It led to increased operating costs.