Answer:
$0
Explanation:
Given that
Estimated value of the meals = $1,300
Preparing cost of lunch = $560
Cost of the meals to the power company = $470
The income that is recognized from the meals should be zero as he took the lunch from the office premises only which is to be excluded while computing the gross income
Plus, he also likes to eat his lunch at the plant cafeteria due to nuclear emergencies
Strategy implementation is the sum total of the activities and choices required for the execution of a strategic plan. To begin the implementation process, strategy makers must consider these questions:
Who are the people who will carry out the strategic plan?
What must be done to align the company's operations in the new intended direction?
<span>How is everyone going to work together to do what is needed?</span>
Answer:
Okay, but where is the question or it's free points?
Answer: $7,875 per year for each of the first two years.
Explanation: The method to calculate the amount of depreciation using the straight line method is to subtract the salvage price from the purchase price and then divide it by the numbers of years in its useful life.
($35,400 - 3,900)/4 = $31.500 / 4 = $7,875 per year
$7,875 is the amount of depreciation for each year of the four years of the truck’s useful life.
Answer:
False
Explanation:
Outside directors are members of the board of directors that are not employees of the corporation. While an inside director is a member of the board that is also employed by the corporation, e.g. CEO.
Corporations are separate entities form their stockholders, that is why limited liability applies to them. The board of directors doesn't have to include stockholders or employees, they usually do, but it is not required by law. Outside directors should very experienced and capable individuals that possess certain expertise that can help the corporation. Also, the board should control and supervise upper management, but if only inside directors were admitted into it, then who would control them?
