Answer:
AS land cannot be depreciated we will first subtract the value of the land from the complex so we are left with $390,000 (490,000-100,000)
In straight line method each year the asset is depreciated by the same amount so in order to find out yearly depreciation we will divide 390,000 by 40
=9750
In 6 years the complex has depreciated for $58,500
So the current value of the apartment complex would be (490,000-58500)
The current value of the apartment complex is $431500
Explanation:
Answer:
b) $10.000
Explanation:
In order to find the total preferred stock dividend we need to have the rate of the dividend, the par value of the preferred stock and the number of preferred stocks. In this question we are given the rate of the dividend of preferred stock which is 5%, we are also given the par value of the preferred stock which is $10 and we are also given the total number of preferred stock which is 20,000.
To find out how much dividend was distributed to preferred shareholders we need to use the formula
Rate of dividend*par value of stock * number of preferred shares
0.05*10*20,000= 10,000
According to the local environment and the goals of the organization. Formalization is the utilization of characterized structures and frameworks in basic leadership, conveying and controlling. As a hierarchical trademark, specialization is the appointing of people to particular, very much characterized errands. Specialization in a worldwide setting can be grouped into even and vertical specialization. Even specialization allocates occupations so people are given a specific capacity to perform and individuals tend to remain inside the bounds of this zone. Vertical specialization allocates work to gatherings or divisions where people are all things considered in charge of execution. Vertical specialization likewise is portrayed by particular contrasts between levels in the progressive system. Centralization is an administration framework in which imperative choices are made at the best.
Answer:
Income and all the costs and adjustments to these figure will go to Income Statement
These include Revenue, Selling, general, and administrative expenses, Adjustments to reconcile net income to net cash provided by operations and Income tax expense. Net income will be calculated by simply deducting costs from the sales amount.
The above mentioned will go to Income statement.
The remainder are part of balance sheet and in the balance sheet we record Assets, Liabilities and Equity transactions.
Following are Assets:
Ending cash balance, Total assets and Cash spent to acquire the building,.
Following are the Liabilities:
Current liabilities, Income tax payable and Long-term debt.
Following are the Equity items
Common stock and Ending balance of retained earnings.
These mentioned above relates to Balance sheet and will be reported there.
Answer: To carefully consider choices over the period of time before jumping onto any conclusion and making a decision.
Explanation:
Here, in this particular case Mara should carefully take into consideration the choices provided before straightaway jumping onto a conclusion and thus finalizing about it.
Instead of taking choices of the organization as the discrete event. i.e. pondering onto it as a yes/no decision, Mara should take into consideration that the choices made by the organization tends to constitute the strategic method which unveils over a period of time.