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Vladimir79 [104]
3 years ago
11

In the context of project management, a task duration is always the same as the amount of work (effort) it takes to finish the t

ask. true or false?
Business
1 answer:
Mashutka [201]3 years ago
4 0

Answer:

False

Explanation:

The statement that says that in the context of project management, a task duration is always the same as the amount of work (effort) it takes to finish the task is false because the effort is the time a person needs to finish a task while the duration is the period of time that a person has to finish it. For example, an employee has a task that takes forty hours of work to finish it but he has a month to do it. In this case, the effort is forty hours but the task duration is one month.

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During 2015, equipment with a book value of $40,000 and an original cost of $210,000 was sold at a loss of $3,000. how much depr
alexdok [17]

Answer:

How much depreciation expense was recorded on equipment during 2015? $10000

Explanation:

Year Cost monthly Dep NBV

Year 1 210000 10000 200000

Year 2 200000 10000 190000

Year 3 190000 10000 180000

Year 4 180000 10000 170000

Year 5 170000 10000 160000

Year 6 160000 10000 150000

Year 7 150000 10000 140000

Year 8 140000 10000 130000

Year 9 130000 10000 120000

Year 10 120000 10000 110000

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Year 12 100000 10000 90000

Year 13 90000 10000 80000

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Year 15 70000 10000 60000

Year 16 60000 10000 50000

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Year 18 40000 10000 30000

Year 19 30000 10000 20000

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4 0
3 years ago
You are a 25% partner of ABC, LP. Here are some additional facts – • ABC's 2020 partnership tax return, when filed, will show th
Masja [62]

________________________________

<h3>= 25% × $1,400,000 ÷ 100</h3><h3>= <u>$350,000</u></h3>

________________________________

4 0
3 years ago
Read 2 more answers
Listed below are several transactions that took place during the first two years of operations for the law firm of Pete, Pete, a
umka2103 [35]

Answer:

<u>Cash Flow</u>

year 1: cash generated in operating activities:    35,000

year 2: cash used in operating activities (28,000)

<u>Receivables:</u>

year 1: 23,000

year 2: 40,000

<u>Net Income</u>

year 1: 32,000

year 2: 59,000

Explanation:

<u></u>

Cash flow:

<u>operating activities: year 1</u>

collected from client                    170,000

salaries paid to employees        (100,000)

utilities                                           (35,000)

insurance policy                           (63,000)

cash used in operating activities (28,000)

<u>operating activities: year 2</u>

collected from client                     200,000

salaries paid to employees           (110,000)

utilities                                             (55,000)

cash generated in operating activities:    35,000

receivable:

billed - collected

year 1 receivables 193,000 - 170,000 = 23,000

year 2 receivables 240,000 - 200,000 = 40,000

<u>Income Statement year 1</u>

fees revenues 193,000

salaries           (100,000)

utilities            (40,000) (incurred cost)

insurance        (21,000)  (63,000 for three years, the value of 1 year is 21,000)

net income          32,000

<u></u>

<u>Income Statement year 2</u>

fees revenues 240,000

salaries           (110,000)

utilities            (50,000) (incurred cost)

insurance        (21,000)  (63,000 for three years, the value of 1 year is 21,000)

net income      59,000

5 0
3 years ago
John was recently hired by Backstreet Books. At the beginning of the first day on the job, his store manager handed him a small
Lady_Fox [76]

Answer:

<u>compliance-based ethics.</u>

Explanation:

Compliance-based ethics can be defined as a set of rules and conduct for the actions of employees of a particular company to be based on compliance with the laws that regulate business. It is designed to prevent, detect and punish behavior that is not in accordance with a company's pre-established rules.

There are critics who believe that compliance-based ethical codes do not promote individual ethical ability, but rather enforce rules motivated by fear and punishment, as legality and ethics are complementary but not equal.

6 0
3 years ago
Haberdash inc. last year reported sales of $12 million and an inventory turnover ratio of 3. the company is now adopting a just-
Sindrei [870]

<span>Sales = $12,000,000</span>

<span> <span>Inventory Turnover ratio (old) = 3
</span><span>Inventory Turnover ratio (new) = 7.5
</span><span>Freed up Cash = ?
</span><span>So, let’s find out the freed up cash
<span> <span>We know level of inventory are calculated as follows;</span>
<span>Inventory = Sales Inventory turnover ratio</span>
<span>Calculating $ value of old inventory
<span> <span>Inventory Old=$12,000.0003
</span> <span><span>                         =</span>$7.5,000,000</span>
<span>  Calculating $ value of New inventory
<span> <span>Inventory New=$12,000,0075
</span> <span><span>                        =</span>$3,000,000</span>
<span> <span>The freed up cash would be=Old Inventory – New Inventory</span>
<span> <span>=$7.5,000,000 - $3,000,000
</span><span>=<span>$4.5,000,000</span></span></span></span></span></span></span></span></span></span></span>
6 0
3 years ago
Read 2 more answers
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