Answer:
$27,800
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
Cost of asset = $161500 + $5500 + 10000 =$177,000
$177,000 - $38000 = $139,000 / 5 =$27,800
depreciation expense each year would be $27,800
Due to the first rule of labor markets, a firm strives to maximize its profits and will therefore never pay more for a worker than the value of his/her marginal productivity to the firm. Therefore, the option A holds true.
<h3>What is the significance of profit maximization?</h3>
A process of following and adapting such methods that derive maximum revenue to the firm is known as profit maximization. It should be the primary goal of any firm in the market.
The first rule of labor markets says that when a firm strives for profit maximization, it does not pay the worker or the labor, more than the marginal productivity that the worker bring to the firm.
Therefore, the option A holds true regarding profit maximization.
Learn more about profit maximization here:
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The question seems to be missing. The complete question has been added for better reference.
Due to the ________ a firm strives to maximize its profits and will therefore never pay more for a worker than the value of his/her marginal productivity to the firm.
a. first rule of labor markets
b. demand product value
c. third rule of labor markets
Answer:
1. $13,500
2. $13,500
3. $336,500
Explanation:
1. Bad debt expense:
= Sales × Percent of sales uncollectible
= $900,000 × 1.5%
= $13,500
Therefore, the bad debt expense for the year 2019 is $13,500.
2. Allowance for Doubtful accounts = $13,500
3. For the end of 2019, what is the company's net realizable value:
= Accounts receivable - Allowance for Doubtful accounts
= $350,000 - $13,500
= $336,500
Answer:
Fein Company
Schedule of Cash Payments
For the Month of August 202x
Salaries expenses:
From July salaries $3,230
<u>From August salaries $31,860</u>
Total salaries $35,090
Direct materials:
From July purchases $61,600
<u>From August purchases $14,600</u>
Total direct materials $76,200
Overhead expenses: $64,850
Debt payments:
Principal $15,000
<u>Accrued interests $450</u>
Total debt payment $15,450
Total cash payments $191,590
Answer:
<em>Documentary evidence </em>
Explanation:
<em>CFAs resolve fraud allegations by taking statements, obtaining evidences and writing reports, testifying crimes and by assisting in the detection and prevention of white collar crimes. </em>
Any evidence that can be used at a trial as documents are called documentary evidence, it generally means the wrings on paper such as a will, contract or invoice. Tape recordings, photographs printed documents, emails and spreadsheets can also be considered documentary evidence. Although authenticity of genuine evidence needs to be proved
If a document is produced for other purpose instead of the examination of the contents of the document it is not considered to be a documentary evidence.
e.g if a letter is produced during the trial to prove that the author of letter was shot by the defendant then it would be considered as documentary evidence but a film of the incident or a written description of this incident by an eye witness would be considered as documentary evidence.