Answer:
1. the productivity of the asset varies significantly from one period to another.
Explanation:
The units of production depends upon the following information:
1. Purchase value of an asset
2. Residual value
3. Total Estimated production
4. Production units of each year
The formula is given below:
= (Original cost - residual value) ÷ (estimated production bolts)
Now for the particular year, it would be
= Production units × depreciation per units
Hence, the appropriate option is 1.
Answer:
Entrepeneur
Explanation:
The entrepeneur is the person that is willing to take the financial risk linked to open up a business with the desire of obtain a profit.
Answer:
equipment
Explanation:
Equipment refers to tools or machinery used in the production of other goods and services for sale. They are not consumables, nor are they meant for sale. Equipment is treated as assets of the business.
Payments for assets is not an expense. Since the equipment will be used in many financial periods, its cost cannot be assigned to the purchase year alone. Payment for the equipment is treated as a capital or asset acquisition.
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Answer: Financial institutions
Explanation: Financial institutions, sometimes referred to as banking institutions works as a intermediary in financial markets. These institutions offers deposit facilities to general public in exchange of interest on such deposits. Then these institutions lend the deposited amounts to those in need for investments and funds and charge interest to them.
Thus, we can conclude that option A is correct.
