Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Explanation:
The net assets would increase. This is because the $100,000 earnings from investments are additional cash inflows hence an increase in current assets. For the $3,000,000 if invested, it will be considered an asset. It is a cash donation invested to generate earnings for the non-profit organization. Thus, these two instances add onto the net asset value of Lifeworks.
The shift to steam power contributed to the growth of cities in many way. Firstly, it provides a continuous source of power to industries, which leads to high level of productivity. The availability of jobs in the industries makes the people in the rural areas to migrate to the cities in search of greener pastures. Steam power also created a new and efficient means of transportation which make it possible to move people and goods over long distances in record time.
Answer:
What amount of the rebates, if any, can Big Homes deduct this year?
$19500
Explanation:
$19,500 if this amount is not material, Big Homes could continue offering rebates in next sells, in addition expects to pay the accrued rebates before filing their tax return for this year.
The basic principles of human relations approach are :- Human beings are not interested only in financial gains. They also need recognition and appreciation. Workers are human beings. So they must be treated like human beings and not like machines.
