The amount of annual depreciation by the straight-line method is $18,800.
<h3>Annual depreciation</h3>
a. Annual depreciation
Annual depreciation=[($80,000 - $4,800) ÷ 4]
Annual depreciation=$18,800
b. Annual depreciation
Year 1 Annual depreciation= 10% × $80,000
Year 1 Annual depreciation = $8,000
Year 2 Annual depreciation= 10% × ($75,000 - $7,500)
Year 2 Annual depreciation = $7,520
Therefore the amount of annual depreciation by the straight-line method is $18,800.
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Answer:
b. Bob listens to the radio station several hours per day but never donates since he suspects that other people will donate enough to keep the station on the air.
. Jim is working on a group project for a class in which he wants a high grade. However, since the grades are assigned to the group as a whole and he knows that the other group members will pick up most of the extra work, Jim calls in sick and plays video games on his Dream Station 64.
Explanation:
Free riding is when a person enjoys the benefit of a good or service but doesn't pay for it. This is a form of market failure.
Bob listens to the radio but doesn't donate and Jim would benefit from the grade given to the group but doesn't participate. These are instances of free riding.
Karl doesn't drive at night and so doesn't enjoy the benefits of the street light and doesn't pay. This is not an instance of free riding.
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Answer:
The cost of the 28 units sold is $548
Explanation:
In the given question,
On March 1 it purchase 12 units for $15 = 12 units × $15 = $180
On March 2 it purchase 12 units for $24 = 12 units × $24 = $288
On March 6 it purchase 7 units for $20 = 7 units × $20 = $140
And, on march it sold 28 units for $63 each
The 28 units could be taken from
12 × $15 = $180
12 × $24 = $288
And remaining 4 units × $20 = $80
So, the total cost of units sold = $180 +$288 +$80 = $548
Answers:
It won't be advisable to transform this executive agencies to independent agencies, because it will reduce the power of the president, and therefore reducing the ability of the president to carry on it's agenda.
ADVANTAGE OF THE TRANSFORMATION:
1) Their will discharge their duties without any political influence.
2) The president will not longer have strong influence on their decision.
3) Each head of the agency will have a specific time and duration for it plans to be achieved before the end of it's tenure.
DISADVANTAGE OF THE TRANSACTION:
1) It will develop fight for power and control in the decisions of the agency, between the president and the head of the agency.
2) it will take away harmony been seen between the president office and the agency.
3) it will reduce the power been invested in the president in carrying on a better administration.
Executive heads owe allegiance to the president, because their are appointed by the president, and can only be removed by the president. During appointment, the president usually appoints it's loyalist that is qualified to head the agency. This is why some of their heads resign, when their can no longer cope with the will of the president.
Mark's initial revenue was $450 (150lb)($3) and his new revenue was $500 (100lb)($5). Since Mark's revenue increased when the price if apples rose, the demand for Mark's gourmet applies must be inelastic. Elastic, because even though there was a change in price, the change in price wasn't substantial.
