Gianna put $1,000 in a savings account for 18 months. The interest on the account is 3.5%.

Ben says that "an increase in the tax on beer will raise its price." Holly argues that "taxes should be increased on beer becaus

Grace [21]

Answer:

B. Holly's statement is normative, but Ben's is positive.

Explanation:

Positive statements are based on objective deduction of what is, or was. It is based on facts. Ben's comment "an increase in the tax on beer will raise its price", is an example of positive statement.

Normative statements are subjective and based on individual values and judgement. In her statement Holly appears to be biased against drinking much. She says "taxes should be increased on beer because college students drink too much." Is a normative statement.

7 0

3 years ago

sales of new homes increased each month of the last year the economy is likely in. recession. expansion a trough or a plummet

olya-2409 [2.1K]

Expansion ..............

5 0

3 years ago

Which of the following statements is false concerning the use of ABC in service industries?

ELEN [110]

Answer:

b. When using ABC for service industries, special methods must be used to identify cost pools and cost drivers due to the unique nature of the services offered.

Explanation:

The cost pool method are the same we should look for activities which add value to the product to provide a more accurate product costing.

In cases of services the company will also determinate activities considering this premise therefore, there is no especial nature to offer to the client.

6 0

3 years ago

Dee wants to give Fleesum's employees more freedom to schedule when they begin and end their workdays. Her plan still requires e

77julia77 [94]

Answer:

B. flextime plan.

Explanation:

A flextime plan is a schedule that allows employees to decide their start and finish hour which is what it is said in the case as Dee give her employees the option to choose when to begin and end their days. Also, this plan requires employees to always be at work at certain hours as it is indicated. This means that it is mandatory for employees to be at their job in certain times but out of that they can choose their schedule.

8 0

3 years ago

At the beginning of 2016, robotics inc. acquired a manufacturing facility for $12 million. $9 million of the purchase price was

Serhud [2]

Answer:

$667,826

Explanation:

Straight Line depreciation is a method of depreciation in which the cost of the asset net of residual value is divided over useful life.

As per given data

Cost of building = $9,000,000

Residual Value = $1,000,000

Useful life = 25 years

Depreciation per year = ($9,000,000 - $1,000,000 ) / 25 years = $320,000

Net Book Value at beginning of 2018 = $9,000,000 - $320,000 = $8,680,000

Switched to Double Declining Method

In double declining method the double depreciation is charged on the asset's book value at the beginning of the year. The Depreciation is accelerated in this method.

Depreciation for 2018 = 2 x (Asset's book value at the beginning of the year - Salvage Value ) / Numbers of Useful life remaining

Depreciation for 2018 = 2 x ($8,680,000 - $1,000,000 ) / (25 - 2)

Depreciation for 2018 = $667,826

7 0

3 years ago