Answer:
$6,545.45
Explanation:
Given that,
Cost of building = $180,000
MACRS life of building = 27.5 years
Therefore, the amount of depreciation on the building is calculated by dividing the cost of building by MACRS life of building.
Amount of depreciation for the building:
= Cost of building ÷ MACRS life
= $180,000 ÷ 27.5
= $6,545.45
Correct/Complete Question: An insured is entitled to coverage under a policy that a prudent person would expect it to provide. This principle is called
A. Adhesion
B. Reasonable sensibility
C. Reasonable expectations
D. Insurable interest
Answer:
C, Reasonable expectations
Explanation:
Reasonable expectations is a legal concept in that says that an insured is entitled to coverage under a policy that a prudent and reasonable person would expect it to provide.
Alternatively, reasonable expectation could be said to be something one has good claims to expect will be done or is supposed to be done.
Cheers.
Answer:
small, informal organizations or in organizations with a strong culture
Explanation:
Clan control is mostly used in small & informal organization or the organization that have strong culture as they work as a family rather work as an organization. In this, the high level management represented as a leader also there are not much principles & strategies as the mostly part would be based on the trust
Therefore the first option is correct
Answer:
I would go with shareholders
Answer:
They should use interest rate of 7.7%
Explanation:
The rate (let's call it r) should be that the annual interest of the $15,000,000 that they borrow through isssuing bond is $1,150,000
Then 15*10^6 * r = 1,150,000 => r = (1.15*10^6)/(15*10^6) = 0.077 or 7.7%
<u>Note:</u> $1,150,000 is the annual amount they could set aside for paying interest, so they should use 7.7%. If it's lower than what market requires they will have to sell the bond at a discount. If it's higher than is required they the bond would be bought at a higher price than par-value.
