Answer:
Decentralization
Explanation:
It is a process through which the authority of an organization is delegated to lower managers. The lower managers are given more responsibility which is the opposite of the centralization in which the decision making power is concentrated in the hands of a few people. The top-level managers take all the decisions in the organization with centralized authority.
In decentralized authority, lower managers can decide on their own as long as it is in sync with the overall goal of the organization, but the authority to take static decisions and control and coordination remain in the hands of top-level managers.
Answer:
Depreciation for year 3 = $115518
BV = $57798
Explanation:
The modified accelerated cost recovery method employees a classification-based approach to depreciating certain assets, once classified are assigned respective rates of depreciation. for example, assets classified under automobiles, trucks and machinery are treated under 5-year MACRS and will be depreciated at 20%, 32%, 19.2% and so on.
In this question the bridge across Rio Grande being built by Del Norte Brick co is treated under 3-year MACRS, for which the rates are as follows:
33.33% for the first year
44.45% 2nd year
14.81% 3rd year
7.41% 4th year
We have been asked to determine 3rd years' depreciation and book value, determined as follows:
Depreciation year 1: $780000 33.33% = $259974
Depreciation year 2: $780000 44.45% = $346710
Depreciation year 3: $780000 14.81% = $115518
So the depreciation for year 3 = $115518
The book value is calculated as follows:
<em>Book value = cost - accumulated depreciation</em>
BV = $780000 - $722202
BV = $57798
Answer:
Janet will receive=$30,000
Explanation:
According to the information of the exercise, consider the following calculations.
<em>Step 1.</em> Total net assets realized=(60,000+50,000)=$110,000
<em>Step 2.</em> Less : liabilities paid=$80,000
<em>Step 3.</em> Remaining balance=$30000
Hence Janet will receive=$30,000
Tara and her parents should make deposits of $450 every month into a college savings account.
