Answer:
a.
9 recovery period years class
b.
$8,889 per year
Explanation:
a.
Buses are 9 years recovery period class , in which it is depreciated using historical method and it has 5 years GDS class life.
b.
Straight Line depreciation is a method of depreciation in which the cost of the asset net of residual value is divided over useful life.
We will depreciate this asset for only 9 years because it has 9 years class, even it will be kept for 10 years but the depreciation charged for 9 years.
Depreciation rate = ( Cost - Salvage Value ) / useful life = ($95,000 - $15,000) / 9 = $8,889
Depreciation charged in 2018 = $19,500
What would likely raise Olivia's reservation wage is if Olivia learns that the job is more challenging than she initially thought
Reservation price is the least amount of wage that a worker would be willing to accept for services rendered.
<em><u>Factors that lead to changes in reservation wages</u></em>
- Finances: a worker that is in debt or in desperate need of money would have a lower reservation wage when compared with a person that is debt-free. For example, the reservation wage of a billionaire would be higher than the reservation wage of an homeless individual.
- Nature of the job: the more challenging a job is, the higher the reservation wage that would be demanded by a worker.
- Length of unemployment: the longer a person has been unemployed for, the lower the reservation wage.
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Answer:
1) Tax Payable
2) Property Plant and Equipment Asset
3) Motor Vehicle Asset
4) Property Plant and Equipment Asset
5) Advertising and Promotion Expense
6) Property Plant and Equipment Asset
7) Insurance Prepaid Asset
8) Motor Vehicle Asset
The Historical Cost of Plant Asset consists of Actual Purchase price and all Incidental Cost required to bring the asset to the point of use .
Explanation:
1) Already Accrued
2) The insurance is required to bring in the machinery
3) Sales taxes on Fixed assets are capitalised
4) The improvement is necessary in material
5) Advertising Expense not necessary for the functioning of the delivery truck
6) Fixed Asset Purchase
7) Insurance Prepayment not necessary for the functioning of the delivery truck
8) The expense is necessary for the functioning of the delivery truck
Answer:
Dribbling is a technique used in field hockey to move the ball forward using small touches with a hockey stick.
Answer:
The correct answer is letter "A": the loyalty loop.
Explanation:
The loyalty loop describes a process of retaining customers instead of attracting new consumers. Before the purchase takes place, the loyalty loop summarizes the purchasing process has three steps: <em>enjoy, consider, </em>and <em>evaluate</em>. After the purchase, the process involves three steps: <em>enjoy, advocate, </em>and <em>bond</em>. Both processes end up in a buy but the second process ensures the customer develops a <em>commitment </em>with the brand and is unlikely to look for competitors' products.
