Answer:
$5,000
Explanation:
The depreciation by Green Company in respect of truck for the first year of operations shall be calculated using the following mentioned formula;
Depreciation for the year= (Cost of asset-Residual value)/useful life
Cost of asset=$30,000
Residual value=$5,000
useful life=5
Depreciation for the year=($30,000-$5,000)/5=$5,000
Answer:
C. install mannequin robots to display clothes
Explanation:
Among the offered answers, a truly avantgarde, modern approach is <u>to implement robot mannequins in the store.</u> With this tactic, customers would be incentivized to approach this innovative customer journey. Through pioneering this technique, Ramon's company would get a competitive advantage through visual merchandising.
Answer:
b. The resource allocator role
Explanation:
The resource allocator role -
It refers to the person , who represents and decides the resources , is referred to as the resource allocator .
All the resources and funds are handled by the resource allocator .
Any major decision or any confusion about the certain goods and services is resolved by the resource allocator .
Hence , from the given scenario of the question ,
The correct option is b. The resource allocator role .
Answer:
a.
Date Account Title Debit Credit
Jan. 31 Product Warranty Expense $15,160
Product Warranty Payable $15,160
<u>Working:</u>
Product warranty expense = Amount of sales for January * Estimated product warranty
= 379,000 * 4%
= $15,160
b.
Date Account Title Debit Credit
Jan. 31 Product Warranty Payable $355
Supplies $250
Wages payable $105
The costs of the warranty will be taken from the liability account for warranties because the warranty payable account represents that the company owes warranty repairs which the customer just came to collect.
<h2>Joshua would lose and Sue would benefit from unanticipated inflation.</h2>
Explanation:
- Both Joshua and Sue are associated with fixed pension and fixed interest respectively.
- Now the value of money goes down due to inflation
- So to live as usual, Joshua need to spend some extra money. But considering the fixed income, it's a lose to Joshua
- Whereas Sue is associated with fixed interest of mortgage. She is benefited because, though the inflation has changed the value of all other products, but the fixed interest rate does not change.
- "Fixed-rate mortgage holders are inflation winners", says "Thoma, professor of economics at the University of Oregon"
