They tell you that over time they changed and their prices went lower
The day to day challenge of firm growth that this example is referring to is PRICE STABILITY.
Price stability in a market or an economy means that the price of a particular commodity does not change much over a period of time. One of the challenges that companies face on a daily basis is the price level of their products in the market. Any external factor that lower the price of a company's commodity will have adverse effects on the company and lower its profits.
Answer:
Depreciation expense for Year 6 is 20000
Accumulated depreciation at the end of year 6 is 120000
Book value at the end of year 6 is 205000
Explanation:
The straight line method of depreciation charges a constant depreciation expense per year through out the useful life of the asset. The formula for straight line depreciation per year is,
Depreciation expense per year = (Cost - Salvage Value) / Estimated useful life
So, the depreciation expense per year on this asset under straight line method is,
Depreciation expense per year = (325000 - 25000) / 15
Depreciation expense per year = $20000
- So, the depreciation expense for year 6 is $20000
The accumulated depreciation is calculated by adding the depreciation expenses for each year till date. The accumulated depreciation at the end of Year 6 is,
- Accumulated depreciation = 20000 * 6 = $120000
The book value is calculated by deducting the accumulated depreciation from the cost of the asset. The book value at the end of year 6 is,
- Book value = 325000 - 120000 = $205000
Answer:
The Pennsylvania State University,
College of Agriculture, Extension Service,
University Park, Pennsylvania
Mushroom farming consists of six steps, and although the divisions are somewhat arbitrary, these steps identify what is needed to form a production system.
The six steps of mushroom farming:
Phase I
1. Composting
Phase II
2. Composting
3. Spawning
4. Casing
5. Pinning
6. Cropping
Answer:
I think the answer is c.work ethic
