Answer:
Annual depreciation= $77,000
Explanation:
Giving the following information:
Purchase price= $800,000
Salvage value= $30,000
Useful life= 10 year
Under the straight-line method of depreciation, the depreciation expense is constant along the useful life.
We need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (800,000 - 30,000)/10
Annual depreciation= $77,000
Answer:
1) Reward
2) Enjoyment
3) Personality Growth
Explanation:
<u>Learning Business</u>
I opted for Business because it is very easy as compared to other subjects.
It is applicable anywhere anytime.
It is rewarding in terms of rules and regulations.
<u>Otherwise Learning</u>
It enhances your abilities making you a strong enough person to fight any challenge.
It is always rewarding. It pays you one way or other.
It polishes and nourishes your personality to an extent where you feel better adapted towards life.
It is an enjoyment in the sense that it makes you see how well you use your abilities. For example I like mathematics and I enjoy doing it. Some people like drawing and they enjoy it.
You can add in shapes or change the color of the paper to like a lined piece of paper, also you can add pictures
Answer:
That statement is true
Explanation:
Strategic goal is the type of goal that is carefully designed to accomplish a business strategy, This type of goals need to express the desired outcome that wanted be achieved and listed a specific set of actions that can make the company achieve that outcome. Strategic goal commonly created when a company want a more concrete way to measure its success compared to other competitors.
This can be seen in Jerome's italian pizza.
"Increase profits by 15% a year for each of the next five years" is what considered to be the desired outcome.
lowering costs and prices, providing quicker delivery, and providing good customer service are the Sets of action that the company intended to take.
Answer:
Cost principle.
Explanation:
Cost or historical cost principle.
The assets, liabilities and equity must enter the accounting at their original purchase cost rather than current market value. This bulding, which is an asset was purchase for 500,000. Therefore, his cost is 500,000. It will be recorded at 500,000.
And will not increase for changes in the market value. Only at the moment of selling or disposal of the assets the accounting will recognzie a gain or loss.
