Answer:
$4,320
Explanation:
Calculation for the amount to be recorded as depreciation expense at December 31, 2022
Using this formula
Depreciation expense at December 31, 2022=[(Factory equipment - Salvage value) ÷ 10]× 9/12
Let plug in the formula
Depreciation expense at December 31, 2022=[($69,600 - $12,000) ÷ 10] × 9/12
Depreciation expense at December 31, 2022=$5,760×9/12
Depreciation expense at December 31, 2022=$4,320
Note that 1 April 2022 to 31st December 2022 will give us 9months
Therefore Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2022 is:$4,320
Answer and Explanation:
The preparation of the operating activities section is presented below
Cash Flows from operating activities
Net Income $88,000
Adjustment made for non cash items:
Depreciation Expense $19,000
Add: Decrease in Account Receivable $15000 ($70,000 - $85,000)
Less: Increase in Inventory $(5000) ($40,000 - $35,000)
Less: Decrease in accounts payable $(8000) ($54,000 - $62,000)
Net cash flows from operating activities $109,000
The answer is they seem to go together, since as time passes, the higher the interest rates grow or vice versa, while time passes interest rates may fall as well, but commonly, as time passes, so does interest rates rise. This reactions may be seen in huge companies or organizations that have invested huge amounts of money that have grown overtime
Allocator- Price thus serves the function of allocator. First, it allocates goods and services among those who are willing and able to buy them. (As we noted in Chapter 1, the answer to the economic question “For whom to produce?” depends primarily on prices.) Second, price allocates financial resources (sales revenue) among producers according to how well they satisfy customers’ needs. Third, price helps customers to allocate their own financial resources among various want-satisfying products.
Answer:
The answer is: B) management by objectives (MBO)
Explanation:
Management by objectives (MBO) is a strategic management model developed by Peter Drucker. Drucker's main principle stated that MBO was: to determine joint objectives and to provide feedback on the results.
According to this model, when employees participate in setting goals and action plans they will feel encouraged to participate and commit to the organization's goals. By jointly (employees + management) setting challenging but attainable objectives, employees felt empowered and motivated to fulfill those goals.
