Answer:
c. $620,000
Explanation:
The computation of the book value is shown below:
The depreciation expense would be
= (Acquiring value of the machine - estimated residual value) ÷ (estimated useful life)
= ($1,000,000 - $50,000) ÷ (5 years)
= ($950,000) ÷ (5 years)
= $190,000
The depreciation should be charged for 2 years so, the accumulated depreciation is
= $190,000 × 2 years
= $380,000
Now the book value
= Acquiring value of the machine - accumulated depreciation
= $1,000,000 - $380,000
= $620,000
Answer:
B
Explanation:
Rather than a leader using the situational approach in order to adapt their leadership style to meet the changing needs and development level of their followers, it is often times more beneficial for a leader to choose their behaviors and leadership style based on the characteristics of their followers and the work setting (North Ouse, 2016, p.93). The path-goal theory is a contingency theory that allows leaders to choose a leadership style that will motivate their followers to reach their goals, and help them steer clear of any obstacles they may come across in the process (Pennsylvania State University, 2019).
Answer: Franchise
Explanation: Franchise is a type of business by which the owner of a commodity attains supply through affiliated sellers.
In this case, a company authorizes its practical knowledge, techniques, mental power possession, use of its company prototype, trademark and rights to sell its branded commodities and services to another company or individual, typically called a franchisee.
Also, the franchisee pays certain payments while concurring to comply with certain responsibilities usually set out in a franchise treaty.
Networking is the process where people is trying to help business and others with similar goals by trading information including contacts and referrals.
Business networking is one way of expanding business and trying to find more members to join their business.