Answer:
The correct answer was supposed to be $36,000 which is not in the given choices.
Explanation:
correct balance in the bank account
= As per bank statement balance - outstanding checks + deposit in transit + check erroneously charged
= $72,000 - $54,000 + $15,000 + $3,000
= $36,000
Answer:
c.$28,800
Explanation:
Depreciation of the asset is calculated using the following formula:
Depreciation=Cost of Asset*Depreciation percentage for specific year
Keeping in mind the above formula, depreciation can be calculated as follow:
Cost of Asset=$150,000
Depreciation for year 1=150,000*0.20=$30,000
Depreciation for year 2=150,000*0.32=$48,000
Depreciation for year 3=150,000*0.192=$28,800
Therefore, the answer is c.$28,800
Answer:
A) save domestic jobs
Explanation:
Domestic jobs: These are the categories of jobs that are available in the national country of the company or within the boundary of the country, which has a preference for the local population and has more responsibility toward national´s resources, however, foreign companies have less responsibility toward national´s resources and their sole motive is to earn profit at a lesser cost.
In the given case, Japanese company´s export to the U.S have affected the domestic jobs as their motive is to maximize profit, which leads to an argument for protection of domestic job in U.S auto industry, therefore, US government have limited the export of Japanese automaker.
Answer:
I (allowed) and IV (not considered soft dollar compensation)
Explanation:
Soft dollar compensation refers to payments made to brokerage firms or agents as commission revenue. They differ from hard dollar compensation because hard dollars are payments that were agreed upon before an investor started working with the broker, while soft dollars are based upon variable commissions.
