Reduced Quality, Hindered Production, and Workers May Come To Work When Sick
Answer:
$99,800
Explanation:
The statements of cash flows show cash inflows and out flows from the business activities which are recognized as operating, investing and financing activities.
When an asset is sold, the amount received from the sale of the asset is recognized as an inflow in the investing section of the cash flow statement.
The gain/loss from the sale would have been treated in the operating section based on the effect it had in the income statement while computing the net income of the company.
Answer:
$6,666.67 and $10,000
Explanation:
The computation of the depreciation expense for the year 2017 and 2018 is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($88,000 - $8,000) ÷ (8 years)
= ($80,000) ÷ (8 years)
= $10,000
Since the machinery is purchased on April 30 and we assume the books are closed on December 31 so the number of months calculated is 8 months
Therefore for the year 2017 the depreciation expense is
= $10,000 × 8 months ÷ 12 months
= $6,666.67
And, for the year 2018 the depreciation expense is same i.e $10,000
Answer:
The maquiladora industry has not created much employment in Mexico because most of the production is capital intensive
Explanation:
maquiladora industry in Mexico are company that allow industries to perform production by converting raw materials into finished product for exportation and for local use by making this industry a "Tax- free". or making them to have duty free. Examples of maquiladora industry are
Acer Peripherals, Bali Company, Inc.
and Bayer Corp./Medsep. It should be noted that The maquiladora industry has not created much employment in Mexico because most of the production is capital intensive.
