Answer:
Option (c) is correct.
Explanation:
Given that,
Asset's book value as on July 1, Year 3 = $70,000
Asset's salvage value = $5,000
Original estimate = $10,000
Depreciation for remaining year 3 (6 months)
:
= [(
Book value - Salvage value) ÷ (useful life - years passed)] × (6÷12)
= [($70,000 - $5,000) ÷ (10 - 2)] × (6÷12)
= ($65,000 ÷ 8) × (6 ÷ 12)
= $8,125 × 0.5
= $4062.5
Workings:
Years passed: as 2 years already passed.
One table is missing from this question, so I attached that table with the answer.
Answer:
<em>James did not like the fact that he had no input in his productivity goal. Because of this, his </em><em><u>Goal acceptance</u></em><em> was low and he did not take it as seriously as if he had set the same goal himself. </em>
Goal acceptance refers to the willingness of an individual to receive or consent internally to a certain goal. It is usually higher when the individual is contributes to the setting of the goal and it is low here as James did not have any input into it.
<em>Carol always tries extremely hard to reach her performance goal. She takes it personally when she falls short, which rarely happens because she is so dedicated to reaching it. Carol's </em><em><u>Goal commitment</u></em><em> is high.</em>
Goal commitment refers to how much dedication and effort a person puts into meeting an objective. Carol puts a lot of effort into achieving her goals so her Goal commitment is high.
<em>After organizational and subsidiary goals are set, each manager meets with each subordinate to explain the unit goals to the subordinate. Together the two determine how the subordinate can contribute to the unit's goals most effectively. This is called </em><u><em>Management by objectives.</em></u>
Management by Objectives is a type of management that works by making sure that employees understand the goals that management set. It works by management and employees working together to find out how best employees can meet the goals set.
Answer:
C. Retained earnings increased $28,200 during 2018.
Explanation:
Total liabilities = Total assets - Total equities
= $217,000 - $123,000
= $94,000
Common stock as at December 31, 2018 = Total equity - Total retained earnings
= $123,000 - $83,000
= $40,000
Retained earnings at year end =
Opening retained earnings + net income - dividend paid
$83,000 = Opening retained earnings + $33,900 - $5,700
$83,000 = Opening retained earnings + $28,200
Opening retained earnings = $54,800
Change in retained earnings = Closing retained earnings - Opening retainer earnings
= $83,000 - $54,800
= $28,200
Therefore, Option 'C' is the correct option.
<span>The pay structure that would be used in this model is salary plus commission. Commission is a percentage of total sales so the more sales are made by an employee the more they make. The salary also gives them a regular amount of pay when things don't go well for the month, but the commission pushes them to continue to do their best.</span>
Answer: True
Explanation:
Fiscal policy refers to the government suing taxation and spending policies to influence the economy of a country. If the government wants to improve production, they reduce taxes and increase spending and if they want to reduce production, they increase taxes and reduce spending.
Fiscal policy proponents believe that the government is right to use fiscal policy to correct the market because its effect is more direct. John Maynard Keynes was one of the most famous proponent for Fiscal policy.