This is an example of an apprenticeship
Can you please comment to this and tell me if it’s right if you know?
Answer:
Your family takes out a mortgage and buys a new house. - Invesment
When a household purchases a new house, it is considered an investment according to macroeconomic theory.
You use your $200 paycheck to buy stock in AT&T. - Investment.
Stock is a form of capital because it is bought with the expectation of getting a return. Buying stock is a form of investment.
Your roommate earns $100 and deposits it in his account at a bank. - Saving.
Your roommate does not need the $100 to pay for his daily expenses, and instead, saves that money at the bank. It is a form of saving as the name of the transaction implies.
You borrow $1,000 from a bank to buy a car to use in your pizza delivery business. - Investment.
You are borrowing to buy a car because you feel the car will provide you economic benefits in the future. Thus, the car is a capital asset, and a form of investment.
Answer:
(a) The following points explain the application of the cost principle to plant assets.
1.Under the cost principle, the acquisition cost for a plant asset includes all expenditures necessary to acquire the asset and make it ready for its intended use.
2.Cost is measured by the cash paid in a cash transaction or by the cash equivalent price paid when non cash assets are used in payment.
3.The cash equivalent price is equal to the fair market value of the asset given up or the fair market value of the asset received, whichever is more clearly determinable.
(b) Following is the list of transactions and items to be debited.
1. Land
2. Factory Machine
3. Delivery Truck
4. Land Improvements
5. Delivery Truck
6. Factory Machine
7. Prepaid Insurance
8. License Expense
Explanation:
Answer:
storming
Explanation:
Based on Bruce Tuckman’s theory of team development it seems that Lola's team is currently in the storming phase of the evolution process. This is the second phase in the process, in which individuals are still showing hostility towards one another and have not have not fully assigned or understand each persons role in the team. This leads to resisting control from any authority within the group, and prevents team goals from being achieved.
