Answer:
2. EOM Depreciation Expense 100 Accumulated Depreciation 100
Explanation:
The journal entry to record the monthly expense under straight-line depreciation is shown below:
EOM Depreciation Expense A/c Dr $100
To Accumulated Depreciation A/c $100
(Being depreciation expense is recorded)
The computation is shown below:
= (Purchase value of a fixed assets - estimated residual value) ÷ (useful life × total number of months in a year)
= ($3,750 - $150) ÷ (3 years × 12 months)
= ($3,600) ÷ (36 years)
= $100
Answer:
d. 4 years.
Explanation:
The payback period is the length of time that it takes for the future cash flows to equal the amount invested in a project. It takes 4 years to get $800,000 for Natal Technologies product.
Answer:
d. directly increase by $2 and the money-creating potential of the commercial banking system will increase by $6
Explanation:
Note: The organized table of the question is attached as picture below
Total increase in money supply = (1/Reserve ratio)*2
Total increase in money supply = (1 / 0.25) * 2
Total increase in money supply = 4 * 2
Total increase in money supply = 8.
Out of which 2 is directly increased because fed deposits 2 into checking deposits and 6 is indirectly increased.
Good customer service means having thorough knowledge and having a positive attitude.
In this scenario, Havtol Inc. is using a web survey system. From the description of the situation, it is clear that the company is using an online system in obtaining feedback from consumers thorough a web survey. It is a system where opening a website would prompt the user to a separate page containing questions in a form a survey while the answers are being collected to a certain server where the company is managing. In this way, they can monitor how well are their products and are the responses of their consumers good or bad. They can easily check whether their methods in advertising are effective.
