Answer:
December 31
Debit : Depreciation $1,800
Credit : Accumulated Depreciation $1,800
Explanation:
Straight line method charges a fixed amount of depreciation based on the formula :
<em>Depreciation Expense = Cost - Salvage Value ÷ Estimated Useful Life</em>
Depreciation Expense = ($10,000 - $1,000) ÷ 5 = $1,800
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Answer:
a. Long
b. $375.00
Explanation:
a. If interest rates decrease over the period of investment, Treasury bond prices will increase. Thus, Dudley Savings Bank should take a long position in the futures contracts on the Treasury bonds. As T-bond prices go up, so will T-bond futures prices.
b. Given a long position:
Net profit = Sale price of futures − Purchase price of futures
= $107,687.50 − $107,312.50 = $375.00
Purchase price of futures = 107 − 100 = 107 10/32% × $100,000 = $107,312.50
Sale price of futures = 107 − 220 = 107 22/32% × $100,000 = $107,687.50
Explanation:
Answer:
A. Social facilitation
Explanation:
Social facilitation refers to the improvement in an employee's performance when working with friends and people in general over working alone. It involves the improvement in work by the mere presence of others. The improvement of the employee's performance has nothing to do with special training and the likes. It just involves allowing the employee to work with others rather than being alone. It points to the school of thoughts that people are motivated in working together rather than working alone. In this case, Hilary is placed in a team to work with her friend and others which has lead in the improvement of her performance.