Answer:
Total loss will be equal to $7185
Explanation:
We have given market value of the building = $72500
He sells the building at $58000
Accumulated depreciation = $7315
We have to find the loss or gain
In this case there will be loss as the market value is greater than the sell value
So loss will be equal to
Loss = Market value of building - sale value - accumulated depreciation
So loss = $72500-$5800-$7315 = $7185
So loss will be equal to $7185
B. make personal sacrifices for the organization.
Answer:
Lack of commitment could be as a result of lack of motivation or lack of trust in management.
Explanation:
An employee lack of commitment could be as a result of lack of motivation or lack of trust in management, this can be prevented by creating a friendly working environment, acknowledging and rewarding the employee.
I think that most of the people borrow money for large purchases instead of using a sinking fund because if you need money immediately borrowing money is a simple and easy thing, it takes less time whereas if you use sinking fund, it will take more time because for this you have to make plans earlier but it is a safe and protected method for clearing the debts.
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