Answer:
Explanation:
Management is the coordination and management of tasks to achieve a goal. Such management activities include setting the organization's strategy and coordinating employees' efforts to achieve these goals using available resources. Management can also refer to the seniority structure of employees in the organization.
Answer:
a. Selection decisions
Explanation:
Capital Budgeting decisions is basically divided in two broad categories that are:
Screening Decisions: This is the decision made by any company while making a capital budgeting decision that the company will accept the project based on companies specific criteria.
It might be based on cash flow, or required return etc:
Preference Decisions: When the company evaluates two or more projects then it makes a decision as to which project shall be favorable. Then the priority list is created.
There is no selecting decisions in the capital budgeting decisions.
Answer:
Using the units-of-production method, the amount of depreciation expense would the company report in the income statement prepared for the year-ended October 31, 2018 = $ 228899
Explanation:
Given
Acquisition Cost of Equipment = $ 517,000+ $ 16700= $ 533,700
Total units of production= 29,700 hours
Residual Value = $ 6700
Units of Production= 12,900 hours
Formula:
Depreciation per unit= (Cost -Salvage value) / Total units of production* Units of Production
Depreciation per unit= ($ 533,700 - 6700/ 29700)*12900
Depreciation per unit=($ 52,7000 / 29700)*12900
Depreciation per unit=( 17.744)*12900
Depreciation per unit= 228898.98= $ 228899
As units of production are given we do not need to calculate it for half year. The depreciation is calculated for units of production.
They b<span>oth share responsibility and control over the property</span>
You can use excel to create one
