<span>The machine would have a cost basis of $80,000 - $86,000. All business owners must gain profit from the products that they sell by ensuring that their capital will be returned to them. Putting such costing price gives the owner the capital gains as well as earning back the expenses that he has shelled out in order to purchase the machine to be sold in the market. <span>
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Hack your personal accounts
Answer:
$155,000
Explanation:
Given the information above,
Depreciation charge (straight line) = (Cost - Residual value) ÷ Estimated useful life
Therefore,
2021 Depreciation charge = ($2,635,000 - $0) ÷ 17
= $155,000
The journal entry to correct the error will include a credit to accumulated depreciation of $155,000
Answer:
The fee is included for the security services that the airport provides.
Explanation:
The basic structure of a air far includes a base price of travel, contingency charges, extra charges for service and various taxed that are levied by the government on the aircraft carriers that use the domestic air space in a country. The sum of all these charges in addition to the profit that the plane carrier charges becomes the base fare of the ticket. In the given condition since an extra fee is imposed on the grounds of security so that the travel becomes secure and safe and hence the extra tax is imposed. This tax is used to meet the charges of security personnel and operating costs of various machines that help in scanning the baggage of the passengers.
Answer: a. passive management by exception
Explanation:
Even though this might sound like it is laissez-faire leadership, it is not.
This is a passive management by exception leadership style and a leader that does this is usually inactive and absent from their duties unless mistakes are being made or crisis are popping up that need to be fixed. They will then spring into action to mitigate the adverse effects of their absence.
This is different from laissez-faire leadership because in laissez-faire, the leader is simply absent even during crisis.
