Answer:
Depreciation expense 2019= $17,062.5
Explanation:
Giving the following information:
Purchase price= 102,000
Useful life= 8
Salvage value= 11,000
To calculate the depreciation expense under the double-declining balance, we need to use the following formula:
Annual depreciation= 2*[(book value)/estimated life (years)]
2018= 2*[(102,000 - 11,000)/8]= $22,750
2019= 2*[(91,000 - 22,750)/8]= $17,062.5
Answer and Explanation:
In the given situation, it is mentioned that while travelling to another country you have two choices for paying at the time of booking or at the time of checking out. Now at Jan the person made a reservation for staying at Italy and completed the stay as on April 30th so here the change in inflation would be matters whether it is increasing or decreasing. It is better to pay off at advances as there is a chances that the price could rise in near future
Answer:
<u>Directive.</u>
Explanation:
House's original path-goal theory is based on the theory that the behavior exerted by the leader must be adjusted according to the work environment and the employees, so that there is motivation, satisfaction and improvement in the performance of the employees to achieve of goals.
According to House and Mitchel, there are four styles of leaders:
- Directive,
- Supportive,
- Participative, and
- Achievement.
So on this issue, the leadership style that best fits is the directive leader.
In this leadership style, it is the leader who provides the guidelines for the development and execution of tasks, and the coordination of work. The leader provides clear goals and expectations about performance to achieve the expected results.
Answer:
Long term liabilities is $23,000,000
Explanation:
Electronic Superstore
Balance Sheet (Not Full) at December 31, 2021
Details Amount ($)
Current liabilities NA
Long-term liabilities <u> 23,000,000 </u>
Total liabilities <u> 23,000,000 </u>
Note that the $7 million will due in 2022 not in 2021. Therefore, this does not effect on the 2021 balance sheet entries.
