Answer:
Explanation:
Cost of acquisition - $21,500
Residual value - $6,500
Depreciable amount - 21500-6500 =15,000
Useful life = 5 years
Total units produced = 10000
Depreciation rate = 1/5*100 = 20%
Double depreciation raate = 40%
Depreciation 2018 2019
Straight line 20%*15000 3000 3000
Units of production
850/10000*15000 1275
1300/10000*15000 1950
Double declining balance method
2018 = 40%*21500 = 8600
2019 =(21500-8600) *40%= 5160
2020 (12900 -5160)*40% = 3096
2021 (7740-3096) *40% =1858
2022 (4644-1858)*40% = 1114
Answer:
Bryn, Cornell, and Duke are general partners in Equity Lending, a consumer credit, mortgage, andinvestment firm. Their agreement states that it is a breach of the agreement for any partner toassign his or her interest to a creditor without the consent of the other partners.Refer to Fact Pattern 27-3. The partners decide to dissolve Equity Lending. Duke collects anddistributes the firm's assets. This results in(A) nothing with respect to the firm's existence.(B) the continuation of the firm's business.(C) the termination of the firm's legal existence.(D) the temporary suspension of the firm's business.Answer : (C)57.Oliana is a partner in Pacific Traders. In the majority of states, with respect to any partnershipobligations that Oliana does not participate in, know about, or ratify, Oliana would be liable for58.Craig, Donna, and Eve do business as FastTrak Career Consultants. Eve's relationship toFasTrak ends, but the firm continues to do business. This is59.Brad and Carolyn are partners in Doctors for Children, a medical clinic. Brad's dissociation fromthe firm results i
Explanation:
yes sir
Answer:
C) USD 8,000
Explanation:
Excess credits can be transferred back one year and can be moved ten years, or a sum of 11 (eleven) years. The credits that are anticipated to be not used are USD 16,000 So,
= ((USD 30,000 - (USD 2,000 × 11)).
= USD 8000/-
I think the answer is a loan
Answer: Functional organization
Explanation:
A functional organization is a type of organizational structure whereby the organization is grouped into smaller groups that is based on the specialized functional areas, like IT, sales, operations, finance, or marketing.
A functional organizational structure is used to organize workers and they are divided based on their knowledge and specific skills. Each employee is attached to a specific department where it is believed that the employee will perform better and more effectively.