Answer:
1) - proprietorships.
2) - corporations.
3) - proprietorships.
4) - corporations.
Explanation:
So far as figures are concerned, the majority of companies are proprietorships. Even so, mostly based on currency sales revenue, almost all of the trade is conducted by corporations. Businesses are mostly founded as proprietorships and only transformed into corporations until their success results in drawbacks that overshadow the benefits.
So, the following are the reason that describes the following answers are true according to the given scenario.
It indicates signs of inflation in the economy
Answer:
b. $14,939
Explanation:
Property placed in service in 1st year:
Amount $
2nd quarter 15,000
3rd quarter 6,000
4th quarter <u>40,000</u>
Total furnishing at beginning of 2nd Year $61,000
Half Year depreciation rate in 2nd Year as per Macrs table under "7 years life" assets, the applicable depreciation in the 2nd year is 24.49%
Thus, amount of depreciation expense is allowable in the current (second) year of ownership = $61,000 * 24.49% = $14938.90
Answer:
- Middle management is at the center of a hierarchical organization, subordinate to the senior management but above the lowest levels of operational staff.
- Middle managers are accountable to top management for their department's function. They provide guidance to lower-level managers and inspire them to perform better.
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Answer:
It is choosing goals and deciding how to achieve them (D)
Explanation:
As part of the planning process, managerial accountant guides management during goals and objectives formulation for the organization .
Management accounting provides past, futuristic and external information that can help management make informed planning and decision as regard setting various organizational goals and objectives including financial, operational ,strategic,market goal etc a