Answer:
$57,000
Explanation:
<u><em>Step 1 : Depreciation Rate</em></u>
Depreciation Rate = (Cost - Residual Value) ÷ Estimated Production
therefore,
Depreciation Rate = $14.00 per machine hour
<u><em>Step 2 : Depreciation expenses</em></u>
Depreciation expense = Depreciation Rate x Annual production
therefore
Year 1 = $42,000
Year 2 = $56,000
Year 3 = $70,000
Total = $168,000
<em><u>Step 3 : Book Value</u></em>
Book Value = Cost - Accumulated Depreciation
= $225,000 - $168,000
= $57,000
Conclusion :
book value at the end of year 3 is $57,000
True, an initial public offering (IPO) represents the first time a corporation's stock is offered and sold to persons outside of the company.
An initial public offering(IPO) or stock release is a public providing wherein stocks of an employer are offered to institutional investors and normally also to retail traders. An IPO is commonly underwritten by one or greater funding banks, who also arrange for the stocks to be indexed on one or extra stock exchanges.
Via IPO, colloquially known as floating, or going public, a privately held organization is transformed into a public organization. preliminary public offerings may be used to elevate new equity capital for companies, to monetize the investments of personal shareholders such as agency founders or personal equity buyers, and to permit smooth buying and selling of existing holdings or destiny capital elevating with the aid of becoming publicly traded.
A stock is a popular term used to describe the ownership certificates of any organization. A percentage, then again, refers to the stock certificate of a particular business enterprise. preserving a specific organization's share makes you a shareholder.
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Answer:
b.) While some job loss may occur as a result of automation, the potential for job creation exists
Explanation:
Automation is the process by which a the production process that is usually managed by people becomes mechanised.
The control and monitoring functions that people usually do is now transferred to automatic devices.
While this will cause some job loss as a result of lack of skill to operate the new machines, it will also result in an avenue for fresh employment.
Employees can acquire the required skill to operate the machines that are now used in the production process.
Explanation:
1) Famous celebrities and the people with lots of money are often seen with workers round them for their household chores/tasks. Although they are paying money for the work they could have done by themselves but if we analyze closely, they are actually taking advantage of the opportunity cost. The time when they were suppose to do the household work, now they are performing other task in that time which will be giving them much greater economic benefit, taking advantage of the concept of opportunity cost. For example, Cristiano Ronaldo can focus on his workout and daily exercise instead of making daily meals for himself, so he should have hired someone to do the meal work for him while he perform his workout which will help him on the field and will earn him much money.
2) Yes, it is possible for 2 countries to benefit from trade as a whole because they can get into an agreement by allowing free trade between the countries, for example, both the countries could agree that all the trade which will be executed between them would be tax free and no duties will be paid on them. This way the trade numbers would increase and industrialization would take place to meet the export/import orders. On the contrary, trading individually can be not so beneficial because there will be no free trade agreements between individuals i.e. no free lunches, that is why it could cost individuals much more than they can make money out of it.
3) One of the main reasons to oppose policies that restrict trade among the nations is that GDP. GDP is a measure of growth in any country, therefore when there will be no trade among countries, it would result in less productions of goods and services which which lead to less industrialization, which then will result to low employment and more unemployment, ultimately resulting in very low growth for any country and since growth is the only way forward for any nation, economists oppose policies that restrict trade among countries/nations.
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