Answer:the machine’s second-year depreciation and year end book value under the straight-line method is $3,990 and$40,420 respectively.
Explanation:
Straight line depreciation is calculated as
Depreciation= Initial value – salvage value / useful life
Depreciation=($48,400- $9,000)/10=$3,990
The depreciation expense each year would be $3990
Book value = Cost of asset- accumulated deprecation
Book value = Cost of asset - (2 years x depreciation)
= $48,400- (2 x $3,990)
= $40,420
Therefore, the machine’s second-year depreciation and year end book value under the straight-line method is $3,990 and$40,420 respectively.
Answer:
The answer is option A. Designing a new backpack at an outdoor sports equipment company is an example of Product-level activity.
Explanation:
A product-level activity is carried out in support of a specific product or activity.
These actions are taken irrespective of the amount of production or service volume associated with a product.
Product level activities relate to specific products and must be carried out regardless of how many batches or units of product are produced or sold.
For example, designing a new backpack at an outdoor sports equipment company is product specific and could involve the production of units or batches to be sold.
Answer:
Focus it's concentration on tin and buy corn from a competent producer.
Explanation:
According to the comparative theory of advantage, since it is well known that the Tinians are very good in the mining of tin but their terrain and climate makes it difficult for them to produce corn it is advisable for the Tinians to focus fully on the production of tin and then buy corn from a capable producer.
Answer:
i wouldnt be celebrating either
Explanation:
i certainly wouldnt feel joyous if my regulations were increasing
A company employing a product development strategy would create a new product targeted to its current customers.
What is New Product Development ?
You can get the people in your division to come up with ideas for new products by following the given things mainly which revolves around reinforcing the novel ideas:
- As employees have direct contact with the customers so they have the better ideas about the customers needs and wants.
- Employees are well aware of the changing trends so they should be encourage to come up with the new and novel ideas for the new products.
- Ideas can come from any where, from any level of the organization so each and every single employee should be motivated to participate in idea generation activities.
The importance of doing customer research is to have a drive for new product development. A research can be effective in pointing out consumer trends and fads, as well as opening a direct customer communication channel that feels prestigious for having its requests valued by a company. Through concrete data of potential customers and new customers, an organization has the ability to meet the actual demand of potential customers and make possible adjustments to the production process.
Learn more about New Product Development on:
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