Answer:
<h3>Always make sure to write all the ideas down.
</h3><h3>Make no judgement.</h3><h3>Briefly discuss and elaborate on each idea as they are presented.
</h3><h3>Let people know they will be brainstorming in advance if possible
.</h3>
Explanation:
- One of the most basic rule of brainstorming includes the practice of inclusiveness. It is important to bring all ideas together and write it down as in a brainstorming session, quantity matters over quality.
- Each and every idea should be <u>respected by all</u>. One should not make any judgement of another person's idea.
- It is important to briefly discuss each idea as they are presented as to fully <u>comprehend the main motive behind each idea</u>. Some ideas become more refined as we discuss more upon it.
- It is also important to let the members know that there will be a brainstorming session in advance so that <u>each member can think of an idea before the actual session</u> takes place.
Answer:
Monthly payment would be $250.37
Explanation:
The monthly payment can be determined using excel pmt formula as follows:
=pmt(rate,nper,-pv,fv)
rate is the APR of 6.25% per year divided by 12 months in a year
nper is the number of years the payments would last which is 6 years multiplied by 12 months
pv is the initial amount of finance which is the net amount of $15,000
fv is the total amounts to be repaid which is unknown
=pmt(6.25%/12,6*12,-15000,0)=$ 250.37
The amount of monthly payment is $250.37
If the missing chart is the chart in my attachment, Ezra's opportunity cost if he decides not to expand is most likely the 4TH BENEFIT which is MAKE AND SELL MORE FOOD ITEMS.
I chose that option among the benefits because it is the benefit that clearly translates into dollar values by being potential sales revenue. If Ezra gives up the idea of expanding, he will lose his potential sales or the opportunity to sell and gain more profit.
Answer: The correct answer is "b. debit Cash and Accumulated Depreciation; credit Machinery, and Gain on Disposal".
Explanation: When a company exchanges machinery and receives a trade-in allowance greater than the book value, this transaction would be recorded with:
----------------------------------- . --------------------------------------------
Cash xxxx
Accumulated depreciation xxxx
Machinery xxxx
Gain on disposal xxxx
---------------------------------- . -----------------------------------------------
Cash is debited because the asset increase must be recorded, for the money entered for the sale.
The accumulated depreciation is debited to the fact that since the machinery leaves the estate, the account must be canceled.
Machinery is credited because when leaving the estate the account must be canceled.
"Gain on disposal" is credited as being an account of the positive result produced by the difference between the money received and the book value of the machinery.