'Actual Tigers Company'
Total Assets
$100,000
Stockholder Equity: $30,000
$100,000 - $30,000 = $70,000
$70,000 + $30,000 = $100,000
Total Assets - Equity = $70,000 (total liabilities)
$70,000 + Equity = $100,000 (total assets)
In accounting if we minus the total assets ($100,000) with equity ($30,000) it will always give the "total liabilities" which is (70,000)
Then, adding the "total liabilities" ($70,000) with the equity ($30,000) equals $100,000 equal like as the "total assets"of $100,000
The total assets MUST match the total liabilities. If they don't match then either the calculation of the total assets are inaccurate or the numbers are estimated wrong to recalculate.
<span>This is known as job specialization. Josh cannot do all of the work himself, so he hires others to perform specific tasks for him. He should hire people with specialized skillsets, so that they will be most suited to the jobs he needs them to perform, such as waiters for serving customers and chefs for preparing dishes.</span>
The amount of depreciation for the second full year, using the double-declining-balance method is $20,400.
<h3>What is the amount of depreciation in the second year?</h3>
Depreciation is a method used in expensing the value of an asset.
Double declining depreciation expense = [2 x (1/useful life of the asset)] x cost of the asset
Depreciation expense in year 1 = 2/5 x $85,000 = $34,000
Book value at the beginning of year 2 = $85,000 - $34,000 = $51,000
Depreciation expense in year 2 = 2/5 x $51,000 = $20,400
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Answer:
I thinks it's gross national income
Explanation:
I am guessing
The type of listing agreement that provides for payment of a commission to the broker even though the owner makes the sale without the broker's aid is called an exclusive right to sell a listing.
Listing of exclusive distribution rights
Listing of exclusive distribution rights is the most commonly used contract. In this type of listing agreement, an agent is appointed as the sole agent of the seller and has exclusive authority to represent the property.
A California Realtor Listing Agreement is an agreement that authorizes a broker to sell an owner's property on their behalf. The contract allows them to list the property, but in most cases gives them exclusive rights to the property transaction and potentially earnable commissions.
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