Answer:
c.
Explanation:
Based on the information provided within the question it can be said that in order for it to be enforceable, a writing is required for the employment agreement. This is because the employment requires initial work for a month before receiving payment for the services provided. Unlike the other two purchases, since money is being exchanged directly for a product or service at the exact moment.
Answer:
Results are below.
Explanation:
Giving the following information:
Purchase price= $80,360
Salvage value= $7,910
Useful life= 7 years
<u>To calculate the annual depreciation, we need to use the following method:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (80,360 - 7,910) / 7
Annual depreciation= $10,350
<u>2022:</u>
Annual depreciation= (10,350/12)*2= $1,725
<u>2023:</u>
Annual depreciation= $10,350
Answer:
$13.89
Explanation:
The computation of the value of stock is shown below:
Year Dividend Present value factor at 16% Present value
1 $1.90 0.862 $1.64
2 $2.10 0.743 $1.56
3 $2.30
Price $14.375 0.743 $10.68
The price is computed below:
= $2.30 ÷ 16% = $14.375
Total present value $13.89
The present value factor is computed below:
= 1 ÷ (1 + rate) ^ years
For Year 1 = 1 ÷ 1.16^1 = 0.862
For Year 2 = 1 ÷ 1.16^2 = 0.743
By its target market, Foot's shoes seen as : Heterogeneous shopping products.
The company's product has a unique product that differentiate the product with others.
This will make the product very hard to substitute
The depreciation cost per unit is $3.
<h3>What is the depreciation cost per unit?</h3>
Depreciation is the process used to expense the cost of an asset. Depreciation is the reduction of the carrying value of an asset. Depreciation occurs as a result of the wear and tear of an asset.
The depreciation cost per unit can be determined by dividing the total deprecation by the units manufactured by the company.
The depreciation cost per unit = depreciation cost / units manufactured
$6000 / 2000 = $3
To learn more about the activity based depreciation method, please check: brainly.com/question/27303607
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