Answer:
b) most shareholders have little direct control over how the company is managed.
Answer:
answering telephone calls and filing paperwork
Hope this helps you out!
Answer:
600,000
Explanation:
The unit of the activity depreciation method is suited for the coal company. This method determines the depreciation amount based on the level of usage. The calculation of depreciation amount using a unit of activity is the first step.
Depreciation per unit is calculated as follows
Depreciation per unit for the coal company
= Cost of the asset/ expected usage
=$12,000,000/ 20,000,000 tons
=$0.6 per ton
In 1, 000,000 coal value was extratced,
Amount of depreciation = $0.6 x 1,000,000
=$600,000
Answer:
c.The transactions would lower Lofland's financial strength as measured by its current ratio but raise Smaland's current ratio.
Explanation:
The current ratio compares current assets with current liabilities showing how many dollars of assets are there for a dollar of liabilities. This tells investors about the company ability to pay short-term obligations or those due within one year.
Current Ratio = Current Asset (CA) / Current Liabilities (CL)
Lofland's NOW = 20 M CA / 10 M CL = 2.00
Lofland's AFTER = 30 M CA / 20 M CL = 1.50
Smaland's NOW = 10 M CA / 20 M CL = 0.50
Smaland's AFTER = 20 M CA / 30 M CL = 0.67
Lofland's current ratio gets lower, so its financial strength as well. Instead, Smaland's current ratio gets higher and It´s financially stronger.
Answer:
$1,150
Explanation:
Implicit rental rate refers to the cost that a company incurred by spending money as opposed to what that money could earn if it were invested in something else. Therefore since in a year the computer was worth $1000 less and Wanda also lost out on the 5% that the savings account would have generated which would be $150. Then her total cost is that of $1,150