The item should be
reported as a prior period adjustment: On the 2014 statement of retained
earnings.
To add, depreciation<span> <span>is the process by which a company allocates an
asset's cost over the duration of its useful life. Every time a company
prepares its economic statements, it records a </span>depreciation expense<span> to
allocate a portion of the cost of the buildings, machines or equipment it has
purchased to the current fiscal year</span>.</span>
The following statements fulfill the criteria.
Explanation:
- She issues an account statement annually that lists all the transactions made through a customer’s account that year.
<u>This is her responsibility to keep a record of the transactions and make them availabl</u>e.
-She allows customers to withdraw money only if the institution has sufficient cash reserves during the day.
<u>This is also following standard policy of the company</u>
-She provides details to customers regarding the money deposited in their accounts.
<u>This is also in terms with the privacy policy of most firms for consumers to have this information.</u>
Answer:
engaged in health promotion at the highest level of organizational commitment
Explanation:
As it is mentioned in the question that ReNaPro Inc i.e is a multinational marketing agency that provided its employees a health educational program. In addition, it also regularly offers health promotions and offered incentives.
So here ReNaPro engaged in the promotion of health for the highest level of organisational commitment
<span>1. </span>Employ
a business that caters the needs of people such as owning a gymnasium. That way
it improves the quality of life of a person.
<span>2. </span>Basing
on the example above, it does not engage into any harmful practice.
<span>3. </span>Your
decision will depend on increasing the fee of gym users or improving the
interior design of your gym
<span>4. </span><span>It
provides support to the employee because they can interact with the gym users
and can use the gym too</span>
Answer:
1. $3,59,666.66
2. $4,10,066.66
Explanation:
1. The computation of value of firm is shown below:-
As the Earning before interest and tax given remains the same, this impact that there is no growth rate in the earnings to consider.
= Earning before interest and tax × (1 - Tax) ÷ Cost of equity
= $83,000 × (1 - 0.35) ÷ (0.15)
= $53,950 ÷ 0.15
= $3,59,666.66
2. The computation of value of levered firm is shown below:-
Value of unlevered firm + Debt × Tax rate
= 3,59,666.66 + ($144,000 × 35%)
= $4,10,066.66
