Answer:
Option (B) is correct
Explanation:
Depreciation expense:
= (cost - salvage value) ÷ estimated useful life
= ($144,000 - $4,000) ÷ 4
= $35,000
Average investment:
= (cost + salvage value) ÷ 2
= ($144,000 + $4,000) ÷ 2
= $74,000
Net income:
= Annual net cash flows - Depreciation expense
= $46,100 - $35,000
= $11,100
Accounting rate of return:
= (Net Income ÷ Average investment) × 100
= ($11,100 ÷ $74,000) × 100
= 15%
Answer:
d. positively to the nominal gross domestic product
Explanation:
The quantity theory of money :
M = (P x Y ) / V
Where m = quantity of money
P × Y = nominal GDP
V = velocity
Velocity is assumed to be constant in the short run. It is also believed that Y is constant in the short run. Therefore, movement in price level is determined by the quantity of money.
I hope my answer helps you.
Answer:
The Prior Period Adjustment to be recorded in 2025 will include a $90 debit as adjustment to Retained Earnings
Explanation:
Correct depreciation would have been = ($500-$100)/5 = $80
Depreciation charged wrongly as ($500-$400)/8 = $50
Therefore depreciation has been charged short by $30 for three years, thereby reflecting income greater by $30 each year for 3 years.
Since due to wrong depreciation retained earnings is higher by $90, therefore we have to debit retained earnings by $90
Answer:
The correct answer is letter "C": pursuing the same basic competitive strategy theme (low cost, differentiation, best cost, focused) in all countries where the firm does business but giving local managers some latitude to adjust product attributes to better satisfy local buyers and to adjust production, distribution, and marketing to be responsive to local market conditions.
Explanation:
"Think global, act local" is an approach by which firms spread their activities around the world with a standardized product or service. However, different regions imply having different consumers. Then, units in different countries have relative autonomy to adjust the product or service being offered to meer consumers' <em>preferences, expectations, </em>and <em>needs</em> to boost sales, thus, increase profits.
The law limits the shift of money that goes to political parties but not to other groups