Answer:
The balance in right-of-use asset after two years using straight-line method is $428,571.
Explanation:
Right-of-use asset is simply the lessee's right to the use of leased asset under the agreed terms. The term came into being as a result of IFRS 16 Leases, which replaced IAS 17.
Using straight-line method, depreciation expense is calculated as (Cost - Residual Value) / No of useful life
The economic life of the asset is what we would use as the useful life and not the lease term since that approximates the useful life of the asset.
Therefore, depreciation = ($600,000 - 0) / 7 years = $85,714 yearly
Accumulated depreciation for 2 years is $85,714 x 2 = $171,429 approximately
Therefore, the balance (net book value) in the right-of-use asset after two years will be $600,000 - $171,429 = $428,571
Answer:
formally ...................
Explanation:
For international businesses to settle in a specific location and achieve success in the market, a market segmentation survey must be carried out. This research is essential to discover relevant characteristics about the community of a country or city for example, it is important that the company knows the population that lives in the place where it wants to carry out its activities, therefore, to know characteristics such as age group, tastes, culture, monthly income, etc. is so important for a company, be it a franchise, management contracts or electronic businesses, to be able to align its strategy and action plans in order to conquer the market of a region.
It is important that companies are aware of the peculiar characteristics of a community, in order to adapt to their tastes, customs and values, so that their business is well positioned and meets the desires and needs of a community.
In addition to paying attention to local customs and culture, international companies guarantee jobs for the local community, convenience and must take advantage of the advantages that a local offers, such as cheaper labor, government incentives, potential markets, and develop plans to reduce disadvantages, which can be the disqualified labor and the lack of interest and identification for your product or service.
Answer:
B. $6,844 million.
Explanation:
We know,
Net working capital = Current asset - Current liabilities
Given,
Net working capital = $(2,346) million
Current asset = $4,498 million
Putting the value into the formula, we can get
Net working capital = Current asset - Current liabilities
Current liabilities = - Net working capital + Current asset
Current liabilities = - (2,346) + $4,498
Current liabilities = $2,346 + $4,498
Current liabilities = $6,844 million.
Option B is the correct answer.
The fact that Morgan needs to hire someone to help her implements a business intelligence system means that the best professional would be a Data Analyst.
<h3>Who should Morgan hire?</h3>
The profession that Morgan should hire from should be someone who has training and expertise in being able to implement business intelligence systems like the one she wants.
A data analyst is best for this role. As professionals, they are trained in the various business intelligence systems there are and they would recommend an appropriate one for Morgan.
Find out more on a business intelligence system at brainly.com/question/14087108
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