On basis of straight-line depreciation method,
Yearly depreciation expense = [Cost of investment - Salvage value] / life
In the current case, salvage vale is assumed to be $0 and the life is 7 years.
Total investment = $4 m + $ (15,000/1,000,000) m + $3 m = $7.015 m
Therefore,
Yearly depreciation expense = 7.015/7 ≈ $1.002 m
Expenses that support the overall operations of a business and include the expenses of such activities as providing accounting services, human resource management, and financial management are called general and administrative expenses.
Even if a company doesn't produce goods or make money, it still needs to cover general and administrative (G&A) costs in order to run. Rent, electricity, insurance premiums, and wages and compensation for administrative and management staff other than salespeople are examples of typical G&A costs.
Financial management in business refers to the process of managing a company's finances in a way that enables it to be profitable and compliance with laws. That requires both a comprehensive strategy and effective on-the-ground implementation.
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Answer: c.) Yes, the process is in control.
Explanation:
For the process to be in control, the number of defects have to be between the Upper Control Limit and the Lower Control limits of the c-chart which can be used to measure defects of irregularities per unit.;
UCL = C-bar + z*√(c-bar)
LCL = C-bar - z*√(c-bar)
C - Bar =
C - Bar =
C - Bar = 4.375
z = 3 when using the 3 sigma control
UCL = C-bar + z*√(c-bar)
UCL = 4.375 + 3 * √(4.375)
UCL = 10.65
LCL = C-bar - z*√(c-bar)
LCL = 4.375 - 3 * √(4.375)
LCL = -1.9
LCL = 0 (Lower limit minimum should be 0 at least)
Defects are within the control limits. The process is in control.
Despite that an amount of $2,400 is known for retained earnings, the amount of cash dividends that the company is able to pay cannot be determined.
<h3>What is retained earnings?</h3>
Retained earnings means the profit generated and set aside for the company's future purpose.
The amount of Retained earnings does not reflects the cash dividends paid to shareholders.
In conclusion, despite that an amount of $2,400 is known for retained earnings, the amount of cash dividends that the company is able to pay cannot be determined.
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