Answer:
$7,500
Explanation:
Calculation for the Depreciation of rah second year of the asset's life
Second year depreciation=(1/8 years*2)*[($40,000)-(1/8 years*2* $40,000)]
Second year depreciation=(0.25)*[($40,000)-(0.25*$40,000)]
Second year depreciation=(0.25)*[($40,000-$10,000)]
Second year depreciation=0.25*$30,000
Second year depreciation=$7,500
Therefore the Depreciation of rah second year of the asset's life using the double-declining-balance method is: $7,500
Net income. The total amount of pay received is the gross income, while the net income is the remaining amount after taxes and deductions are removed.
Answer:
greatly increased.
Explanation:
IPO refers to Initial Public Offering which is what new companies begin to do by offering initial shares of the company in order to raise money. This being said we can say that at this stage of its life cycle, its ability to attract venture capital is greatly increased. This is because Venture Capital are private equity from a large number of firms looking to invest in new companies with very high growth potential for the future.
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Answer:
Debit Office Furniture account $710
Credit Cash account $170
Credit Accounts payable $710
Being entries to recognize office furniture partly paid for.
Explanation:
When items are purchased using cash, the corresponding credits in such transactions are recorded in the cash account. Where the item is purchased on account (or credit), the credit is posted to accounts payable.
Total worth of the office furniture = $170 + $540 = $710
The total debit for this will be recorded in the office furniture account.
Hence to recognize the transaction,
Debit Office Furniture account $710
Credit Cash account $170
Credit Accounts payable $710
Being entries to recognize office furniture partly paid for.
Explanation:
In the scenario described by the question above, we saw that the main problems in the workplace begin with the hiring of Professor Richard, this is due to the fact that a Catholic school is based on values and dogmas that are religious symbols of tradition, respect and culture.
A religious dogma is one considered the fundamental and indisputable point of a belief.
Therefore, at the time of the job interview, Richard gave the impression that his beliefs were aligned with those of the school and the Catholic spirit, but nevertheless, he posts extensive social media where he criticizes and defends values contrary to those of the Catholic institution he works for. , which generated revolt in the parents of the students and culminated in their contractual termination.
In return, the school should establish clearer and more effective conduct policies for employees, especially in an institution based on specific values.
The school should better analyze Richard's professional conduct before terminating his contract, making it clear to him that, regardless of his individual positions, in the workplace he should act in accordance with the company's current rules and procedures.
