Agreeing to purchase goods in installments over a period of time is the foundation of hire purchase. It is almost identical to an installment plan, except that in a hire purchase, the seller owns the goods until you make the final payment (like lease-to-own or rent-to-own).
Answer: Practical intelligence
Explanation: In simple words, practical intelligence refers to the ability of an individual to shape and fit itself according to the demands of the environment.
In the given case, Martha worked with a company that had a casual and open atmosphere. But after joining employment in a bank she herself understood that different attitude will be needed there to work. She herself adjusted her personality and dressing as per the demand of the environment.
Hence from the above we can conclude that she is exhibiting practical intelligence.
Answer:
Option B is correct one.
<u>Practicality</u>
Explanation:
Natasha addressed practicality in her persuasive speech on question of policy. Because she is talking about on-ground realities.
Answer:
depreciation expense per year 8,000
Explanation:
<u>The first step,</u> is to calculate the depreciable amount for the asset:
cost - salvage value = amount subject to depreciation
43,250 - 3,250 = 40,000 = depreciable amount
<u>Then,</u> we calculate the depreciation per year:
depreciable amount/ useful life = depreciation per year
40,000/5 = 8,000
In some particular cases, the first year the asset enter the accounting it could be for a period of half the accounting period, so only half-year depreciation is appliedon the first year.
