Much more expensive to borrow the money. They make loans in at least the 100 million range and interest is a big cost of doing business. Interest rates go up, so does the cost of money needed to be borrowed. That's a real expense for a bank. It is even a large expense for a home homeowner.
Answer:
The answer is $10,800
Explanation:
Straight line method of depreciation is:
Cost - residual value/number of useful life
Cost - $62,000
Residual value - $8,000
Number of years - 5years
=62,000 - 8,000/5
=57,000/5
$10,800.
Therefore, $10,800 will be charged every year.
<h2>"Social audit documents" will give Katelyn the information about how socially the company has involved to protect the planet and people.</h2>
Explanation:
Let us understand what a social audit is.
- It is an official evaluation about the involvement in social responsibility projects by the organization.
- It creates an impact on the governance.
- This prevents public relations crises associated with ethical or legal misconduct.
- Narrow gaps between vision and reality.
- It enters into action when there is no equal employment opportunity, when the environmental quality gets affected, etc.
The social activities that it includes are:
- volunteer events
- work environment
- employees wages
- utilization of energy
- charitable contributions
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.