Annual depreciation is
Cost of equipment÷useful life
1.2m÷4 years=0.3m
The average contribution to net income across all four years is
0.5m−0.3m=0.2m
The answer is 0.2m
Incomplete question. The options read;
- Mary is correct, but only because Annie signed the note "Green" instead of "Greene" as indicated on the note.
- Mary is correct.
- Mary is incorrect.
- Mary is correct, but only because two payees are listed.
- Mary is incorrect unless she can prove that Susie intentionally and purposefully spelled the name wrong to prevent negotiation.
Answer:
- <u>Mary is incorrect.</u>
Explanation:
Indeed, since this just a case of name misspelling, the law in no clear terms states that such an endorsement would be counted as been illegal.
Remember, Mary acknowledges that the amount paid by Susie Smith was meant for both of them (Annie Green and Mary Hodge), hence there should be no question of illegality since funds were meant to be shared. In other words, this minor error can be overlooked.
The statement that is an effective strategy for personal saving is; Save a certain percentage of each paycheck and deposit it directly in a savings account
<h3>What is personal saving?</h3>
Personal saving can be defined as the ability of a person to save their money. Saving this money will enables them to have something to fall back to incase of unforeseen or unexpected circumstance.
The effective strategy for personal saving a person is expected to follow is for the person to save a percentage of each of their salary or paycheck and deposit the money directly into their savings account.
Therefore the statement that is an effective strategy for personal saving is; Save a certain percentage of each paycheck and deposit it directly in a savings account
Learn more about personal saving here:brainly.com/question/15279000
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Answer:
$10,503.59
Explanation:
This question requires us to find how much you have to deposit today if:
Fv = 18,000
Time = 9 years
PV= fv/(1 + i)^n
N = 9 X 12 = 108
I/y = 0.5%
PV = $18,000 / 1.005^108
= $10,503.59
Therefore what you have to deposit today is $10,503.59
Answer:
Global Sourcing
Explanation:
Global sourcing is the practice of sourcing from the global market for goods and services across geopolitical boundaries.
