Answer:
Informal organisation
Explanation:
There are two forms of organisations in a business. The informal organisation and formal organisation.
Informal organisation is the social structure of an organisation, based on social interaction among its members. So even if Mr. Brate is not a management staff, his ability to get things done easily makes him an important member of the informal organisation.
Often informal organisation functions alongside the formal organisation in a business.
Those are all examples of liabilities. To be more specific, they are <u>current liabilities</u>. Interest payable, income tax payable, and salary payable are obligations that must be paid of within one operational cycle, thus they are just current liabilities.
Current liabilities are debts that must be paid off within a year or one operational cycle, whichever comes first. They can also be paid off using current assets or generate new current liabilities.
Analysts, accountants, and investors assess a firm's payables to determine how effectively it can fulfill its short-term financial obligations thus, the firm basically needs to generate sufficient profits and money in the immediate term to meet its debt commitments.
Learn how to define liability and differentiate between a current liability and a long-term liability: brainly.com/question/28391469
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Answer:
The Excel YEAR function returns the year component of a date as a 4-digit number.
Explanation:
Explanation:
a)
Mid-month MACRS convention is applicable here because real property is placed in service in the middle of the month in which acquired.
b)
The life of the asset following MACRS is 39 years.
c)
Cost recovery deduction:
The building is listed as the non-residential real property holding 39 years lifetime
Cost recovery deduction for 2015:
= $3,800,000 x 0.535%
= $20,330
Cost recovery deduction for 2019:
= $3,800,000 x 2.564% x (6.5/12 months)
= $52,776
