Answer:
C. strategic vision.
Explanation:
Strategic vision -
It provides the overview about the success or failure in the coming future , is referred to as strategic vision.
This helps to forecast the future , goals and th upcoming projects of the company or organisation .
The strategic can be short as well as long term , depending on the time period of the project .
Hence , from the given information of the question,
The correct option is C. strategic vision .
Answer:
320 Investments—Debt and Equity Securities
10 Overall
25-4 Recognition
Answer:
$156
Explanation:
equipment cost = $15,500 + $1,600 = $17,100
five year useful life ⇒ double declining depreciation rate = (1 / 5) x 2 = 40%
salvage value = $6,000
- depreciation year 1 = 40% x $17,100 = $6,840, book value = $10,260
- depreciation year 2 = 40% x ($17,100 - $6,840) = $4,104, book value = $6,156
- depreciation year 3 = book value - salvage value = $6,156 - $6,000 = $156
When you use the double declining balance, depreciation expenses ceases when the book value = salvage value.
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