Answer:
Depreciation expense= $9,600
Explanation:
Giving the following information:
A company purchased factory equipment on April 1, 2022 for $128,000. 10-year useful life.
<u>We weren't provided with the salvage value.</u>
First, we need to calculate the annual depreciation:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= 128,000/10= 12,800
<u>Now, for 9 months:</u>
Depreciation expense= (12,800/12)*9= $9,600
I can help with question two, but not question three.
The answer to question two is that biotech companies are part of the global industry from day one. Because capital is global, diseases know no borders, people are mobile, and you can get science anywhere in the world, there is an immediate competition with all other bioscience companies in the world.
In other words, when you start a biotech company in the US, you are immediately competing with biotech companies in Japan, the UK, etc. because you're all competing for the same capital, the same consumers, the same pharmacies, etc.
My best guess for question three is just that regulations are always important for global businesses (or really any business in general) as they protect both the businesses, the employees, and the consumers. In the case of biotech businesses, they protect people from false advertising of the benefits of products for example.
Hope this helps!
Answer:
The correct answer is defined contribution plan.
Explanation:
The defined contribution plan is a pension plan in which the company agrees to make monetary contributions each year for the benefit of the employee.
Generally, in a defined contribution plan the employee has the right over the invested assets and is free to withdraw the accumulated funds if his retirement occurs prematurely. For this reason, the defined contribution plans are said to have portability, that is, if the employee ends his employment relationship with the company, he can transfer his funds to his new company's pension plan or to a private pension plan.
Upon retirement, the employee can access the accumulated funds, but unlike in the defined benefit plans, no amount is guaranteed. The investment risk is assumed entirely by the employee.
For example, the company can contribute 1% of salary to a pension fund every month. The employee can also contribute part of his salary to this plan.
Answer:
4.15 Yen per 1 Thai bahts
Explanation:
Given a Yen (Y) to USD ($) Price of 104.30, and a Thai bahts (T) to USD price of 25.15. We derived the following.
USD to Thai bahts = 
Therefore, Yen to baht = 
= 
= 104.30/25.15
= 4.15 Yen per Thai bahts
