Answer:
The right solution is Option b ($4606
).
Explanation:
The given values are:
Company sells merchandise,
= $5700
Company returns,
= $1000
Now,
The amount of the check will be:
= 
= 
= 
= 
($)
Answer:
a. True
Explanation:
Corporate governance in simple terms refers to a system by which corporate firms are governed and run.
Such a system involves taking care of the interests of all the stakeholders of a company which would include it's shareholders, suppliers, employees, investors or users of financial statements, etc.
Corporate governance is a wide term and encompasses abidance to rules and laws, adoption of fair and sound organization policies, protection to whistle blowers and ensuring compliance with true and fair view and reporting requirements of financial statements.
In the given case, when chief executive officer and chief financial officer both are required to certify financial statements accuracy, it means that such a requirement increases the accountability of those charged with governance and at the same time boosts the reliability of such statements to the end users.
Answer:
Part of the grievance procedure.
Explanation:
These procedures are a way of resolving conflicts that can be used by companies to address comments or complaints of other parties (employees, suppliers, etc.)
a because it means in order to avoid anything about it
Answer:
$25,680
Explanation:
For the computation of revised depreciation for both the second and third years first we need to follow some steps which are shown below:-
Depreciation cost = Cost - Salvage value
= $66,200 - $2,000
= $64,200
Annual depreciation under SLM method = Depreciable cost ÷ Useful life
= $64,200 ÷ 5
= $12,840
Book value of the equipment = Cost - Annual depreciation
= $66,200 - $12,840
= $53,360
Remaining depreciable cost = Book value at point of division - Salvage value
= $53,360 - $2,000
= $51,360
Annual depreciation for year 2 and year 3 = Remaining depriciable cost ÷ Remaining useful life
= $51,360 ÷ (3 - 1)
= $51,360 ÷ 2
= $25,680
