Implement anyone principle from Industry 4.0 Six Design Principles on any organization?

On October 1, 2018, Swifty Company places a new asset into service. The cost of the asset is $125000 with an estimated 5-year li

Novosadov [1.4K]

Answer:

The book value of the plant asset on the December 31, 2018 is $75,000.

Explanation:

Determine the depreciable cost,

The depreciable cost = Acquisition cost - Salvage value.

The depreciable cost = 125,000 - 30,500.

The depreciable cost = $94,500.

Determine the annual depreciation expense,

The annual depreciation expense = depreciable cost/useful life

The annual depreciation expense = 94,000/5

The annual depreciation expense = $18,900.

Find the % rate of depreciation .

The % rate of depreciation = (18,900/94,500) × 100.

% rate of depreciation = 20%

Since it is the double-declining-balance method of depreciation we multiply the % rate by 2 = 20% × 2 = 40%

Applying the rate to the carrying value of the asset to obtain current year's depreciation expense.

Current year's depreciation expense = Carrying value of the asset × the depreciation rate %.

Current year's depreciation expense = 125,000 × 40%.

Current year's depreciation expense = $75,000

4 0

3 years ago

After a tsunami washed over Hilo, Hawaii and surrounding towns it damaged thousands of boats, there was a growing demand for boa

irakobra [83]

Answer:

Letter A

the demand would be represented by boat owners wanting boat repairs, while supply is represented by boat body shops and glass repair and replacement companies.

Explanation:

A "supply" refers to providing goods to people. Most of the time, these goods are what people want. A "demand" refers to the desire of a consumer to purchase a good or a service.

In the situation above, the tsunami damaged thousands of boats. So, this means that the demand for "boat repairs" will increase. Such repairs will be accommodated by a supply of goods and services offered by boat body shops, glass repairs and replacement companies.

So, this explains the answer.

5 0

3 years ago

1.do you agree that the employer usually has the upper hand when it comes to establishing the employment relationship? when migh

Julli [10]

Do you agree that the employer usually has the upper hand when it comes to establishing the employment relationship?

Employer has control over creation of job, specifications of job, location of job, job retention and termination.

When might the employee have maximum power over the employer?

Employee has control, when a short supply of skill the employee possess the power.

Placed in reality, employee relations' (ER) is the term that defines the connection between employers and personnel. ER focuses both on individual and collective relationships in the place of business with an increasing emphasis on the connection among managers and their crew participants.

What is tremendous employment relationship?

The intention of nice worker family members is to create a culture in which body of workers and managers can be assertive in the context of a shared information and wonderful commitment to the enterprise approach and their rights and responsibilities.

Why is employment members of the family vital?

A fantastic employee members of the family climate and excessive ranges of worker engagement have the potential to bring higher enterprise outcomes as well as better fitness and well being for employees.

Learn more about employment relationship here:- brainly.com/question/20458778

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7 0

2 years ago

A U.S. timber products firm has a long-term contract to import unprocessed logs from Canada. To avoid occasional and unpredictab

worty [1.4K]

Answer: Risk sharing

Explanation:

The risk sharing is one of the strategy for avoiding the risk during the development process and the risk sharing is also called as the risk distribution process.

The risk sharing is the process that involve the business partnership for sharing the various types of risk responsibility in an organization. In the risk sharing process each of the member in the business partnership hold all the business losses.

According to the question, the given type of the agreement is referred as the risk sharing process.

Therefore, The risk sharing is the correct answer.

6 0

3 years ago

_________ is a management technique that focuses on improving attributes of an organization's products such as superior design,

Assoli18 [71]

Answer:

Total quality management (TQM)

Explanation:

Total quality management (TQM) is a management technique that focuses on improving attributes of an organization's products such as superior design, features, reliability, and after-sales support.

According to Edwards Deeming ''Total quality management consists of organization-wide efforts to "install and make permanent climate where employees continuously improve their ability to provide on demand products and services that customers will find of particular value."

8 0

3 years ago