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2 years ago

"Financial resources are the lifeblood of any office." Justify this statement.

Business

2 answers:

Leona [35]2 years ago

7 0

Answer:

This phrase states that financial resources are very important in any company, it represents "the lifeblood". In order to grow, any company needs financial support. The lack of money leads to problems within the company.

dedylja [7]2 years ago

5 0

Answer:

Without financial stability, and office can not function properly.

Explanation:

Ex:

unpaid light bill = dysfunctional office

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At the beginning of 2017, your company buys a $34,000 piece of equipment that it expects to use for 4 years. The equipment has a

Elodia [21]

Answer:

32,000

8000

see below

.16

see below

Explanation:

I'm not really sure what the schedule is supposed to look like (im not good at accounting) exactly but i whipped up something real quick in excel and if you have any questions ask

the depreciable cost is just cost-salvage (the amount that's going to be depreciated) so for us its 34000-2000 or 32,000

the depreciation expense is just the depreciable cost divided by the useful live (32,000/4)=8000

see my attempt at a depreciation schedule below

The deprecation rate per unit is the depreciable cost divided by the total units

32000/200000= .16

and you can see below my attempt at the units of production schedule

4 0

2 years ago

Which of the following is NOT considered personal information?

Anastasy [175]

Can you reply to this with the options so i can answer ^^

5 0

3 years ago

A job can be done with Machine A that costs $12,500 and has annual end-of-year maintenance costs of $5000; its salvage value aft

sdas [7]

Answer and Explanation :

As per the data given in the question,

Present value = Amount ÷ (1 + r)^n

Machine A

Year Amount Discount Factor PV

1 $5,000 1.05 $4,761.90

2 $5,000 $4,535.15

3 $5,000 $4,319.19

Total $13,616.24

Now

Present value of salvage value =$2,000 ÷ 1.05^3 = $1,727.68

Present worth of Machine A is

= -$12,500 - $13,616.24 + $1,727.68

= -$24,388.56

Similarly Present worth of Machine B = -$15,000 - $4,000 ÷ 1.05 -$4,000 ÷ (1.05)^2 - $4,000 ÷ 1.05^3 - $4,000 ÷ 1.05^4 + $1,500 ÷ 1.05^4

=-$24,658.94

Based on the comparison between Machine A and Machine B

Machine A is better because it has higher present worth

Annual worth:

For machine A = -$12,500(A/PA,5%,3) -$5,000+$2,000(A/F,5%,3)

=-$12,500 × 0.367 - $5,000 + $2,000 × 0.317

= -$8,953.5

For Machine B:

= -$15,000(A/P,5%,4) - $4,000 + $1,500(A/F,5%,4)

= -$7,882.16

Based on the comparison between Machine A and Machine B

Machine B is better because it has higher annual worth

Capitalized cost:

Machine A :

= -$12,500+$2,000(P/F,5%,3) - $5,000 ÷ 0.05

= -$12,500 + $2,000 × 0.86 - $5,000 ÷ 0.05

= -$110,772

Machine B :

=-$15,000(P/F,5%,4) - $4000 ÷ 0.05

=-$15,000 × 0.82 - $4,000 ÷ 0.05

= -$93,765.9

Based on the comparison between Machine A and Machine B

Machine B is better because it has lower capitalized cost

3 0

3 years ago

A primary reason for a firm to pursue an acquisition is to:

Strike441 [17]

Answer:

c. achieve greater market power.

Explanation:

Acquisitions to meet a market power objective generally involve buying a supplier, a competitor, a distributor, or a business in a highly related industry. Though a number of firms may feel that they have an internal core competence, they may be unable to exploit their resources and capabilities because of a lack of size.

8 0

3 years ago

If the inflation rate in Mexico was twice the rate in the United States, but the Mexican monetary authorities kept the peso-doll

torisob [31]

Answer:A

Explanation:

The high rate of inflation in Mexico would increase its citizens purchasing power.

6 0

2 years ago

"Financial resources are the lifeblood of any office." Justify this statement.​

"Financial resources are the lifeblood of any office." Justify this statement.