Property would have the least liquidity
Answer:
Straight Line Depreciation Expense $ 11,480
Explanation:
Given
Cost= $ 63,000
Salvage Value = $ 5,600
Life in years = 6
Calculations
Straight Line Depreciation Expense= Cost - Salvage Value/ Useful life in years
Straight Line Depreciation Expense = $ 63,000- 5,600/5
= $ 57,400/5= $ 11,480
Depreciation Expense for 1 month = $ 11480/12= $ 956.67
Adjustment at the end of the 1st month
Depreciation Expense $ 956.67 Dr
Accumulated Depreciation $ 956.67 Cr.
Passive income is an income earned without making an extra effort. According to the US Internal Revenue Service, passive income could be in two forms: rental income and income earned from business and trade activities. Additionally, royalty is an example of a passive income. Therefore, the correct answer is B.
Answer:
functional.
Explanation:
The functional value can be perceived by the customer as a type of value that is related to the benefits and utility that a good or service will bring to satisfy his needs.
Therefore, improving the quality of the goods and services produced will increase their functional value.
Increasing the quality of goods and services may be a relevant competitive strategy for a company to achieve market advantages, since in the purchase decision process, the consumer will analyze the options on the market and choose the one that best satisfies their needs in relation to functional value of the product or service.
Answer:
Production Possibilities Frontier
Explanation:
In a theoretical economy, the production possibilities frontier, is the curve that shows the combination of goods produced (barley and cars) by an economy given a limited resource. Furthermore the more goods (barley) is produced, the less cars are produced. Thus, for every additional barley's produced, there's an opportunity cost of cars.
