The best answer to the question that is being presented above would be collateral. When you finance a car, the car then becomes the collateral or the pledge of the property for the loan. This is so that the payment system is attained securely and to avoid escaping from due payment.
Answer:
Disadvantages of a Line Organization
A line organization can suffer from a lack of specialization. This is because each department manager is concerned only with the activities of his own department. Therefore, employees are skilled in tasks pertaining to their departments alone.
These organizations can overburden a keyman or a few key-men to the extent of their breaking point. Also, in the absence of a staff aid, if a strong man seizes the organization, he can run it arbitrarily. Such arbitrary power can lead to a considerable damage to the organization.
Such organizations usually suffer from a lack of expert advice. If the line manager has trouble making a decision, there is no expert staff that he can turn to.
A line organization is usually rigid and inflexible. In fact, such organizations maintain discipline so rigorously that they can rarely change.
These organizations are based on the autocratic system of management.
The division of work is not based on any scientific plan but on the whims of the manager.
It might stop progress and prevent the unit to work effectively.
Such organizations might also encourage nepotism or favoritism based on relationship or friendship.
I hope this is helpful information.
What would be the effect of a decrease in government taxes on a good's supply curve, ceteris paribus shift to the right
Supply curve shift:
Changes in production cost and related factors can cause an entire supply curve to shift right or left. This causes a higher or lower quantity to be supplied at a given price.
A supply curve shows how quantity supplied will change as the price rises and falls, assuming ceteris paribus—no other economically relevant factors are changing. If other factors relevant to supply do change, then the entire supply curve will shift. A shift in supply means a change in the quantity supplied at every price.
The ceteris paribus assumption :
A demand curve or a supply curve is a relationship between two, and only two, variables: quantity on the horizontal axis and price on the vertical axis. The assumption behind a demand curve or a supply curve is that no relevant economic factors, other than the product’s price, are changing.
Learn more about supply curve :
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Answer:
b.$1,027,500
Explanation:
First we need to find the number of bonds issued so we will divide 1,000,000 by 100 as we assume 100 is the face value. 1,000,000/100=10,000
Now we will multiply the number of bonds by the issue price in order to find the amount of cash received.
10,000*102.75=1,027,500
Answer:
The answer is loss of $10,000 on the sale of the equipment
Explanation:
The formula for straight-line depreciation is:
(Cost of asset - salvage value) ÷ number of useful life.
Cost of asset is $250,000
Salvage value is $50,000
Useful life is 5 years
So depreciation for the year is:
($250,000 - $50,000) ÷ 5 years
$200,000 ÷ 5 years
=$40,000
January 1 2010 through June 30 2013 is 3 years and 6months
Accumulated depreciation will be:
3.5 years( 3 years + 6months/12 months) x $40,000
$140,000
Carrying value or net book value at this date is $250,000 - $140,000
=$110,000.
The equipment was sold for $100,000.
Selling price - carrying value
=$100,000 - $110,000
= - $10,000
We have a loss of $10,000 on the sale of equipment
