Answer:
social context
Explanation:
Social context -
It refers to the physical environment in which the people live , is referred to as the social context .
It is also known as the sociocultural context or social environment .
Social context consists of all the living as well as non living things , the people living in the society have certain impacts from the outside environment , which can be good as well as bad .
In the given scenario of the question ,
Ramiro has very positive impact from the social context , and hence he is very satisfied and happy with his job .
Answer:
An organizational structure is a system that outlines how certain activities are directed in order to achieve the goals of an organization. These activities can include rules, roles, and responsibilities. The organizational structure also determines how information flows between levels within the company.
Answer:
Journal entries will be as follows;
Explanation:
1.The machine purchased is an asset so machinery a/c will be debited.
The cash used to purchase the machine is an outflow so it's credited on the cash a/c
2. Electricity wiring on the machine is part of the acquisition cost, hence we debit machinery account and the cash paid for that is credited on cash a/c
3. Cost of securing it in place is also an operating cost hence you debit machinery a/c and credit the cash used to pay for it in the cash a/c
<u>Journal entries</u>
1. Machinery account Dr 192,000
Cash account Cr 192,000
2.Machinery account Dr 8,000
Cash account Cr 8,000
3.Machinery account Dr 1,600
Cash account Cr 1,600
Answer:
$175,500
Explanation:
According to IAS 16 Property Plant and Equipment (PPE), the cost of an item of property plant and equipment is the total cost incurred in making the asset (or item of PPE) available for use.
This cost includes the cost of acquisition, associated tax, installation cost etc.
The total value assigned to the new piece of equipment
= $162,000 + $4,000 + $9,500
= $175,500
Answer:
NPV = $ 1,565
Explanation:
The net present value of refurbishing the equipment is calculated as follows : -
NPV = - $ 125,000 + $50,000 \div 1.091 + $50,000 \div 1.092 + $50,000 \div 1.093
NPV = $ 1,565