Evaluate 2 different business issues Conflict and Power. Apply a total of 2 different concepts (such as evidence based decision-making (EBDM), forms of conflict, political tactics in the organization, etc.) to the issue you are discussing. Relate the chosen chapter concepts from your reading to the business issue in a way that demonstrates understanding of […]
Assume an asset with an original cost of $40,000, $6,000 salvage value, is depreciated using straightline depreciation over 5 years. After year 2, the salvage value was modified to a $2,000 salvage value, with 5 years of depreciation remaining. What is the new yearly depreciation?
What is the amount of straightline depreciation for year 2 if the useful life of an asset is 5 years, the purchase price is $50,000, and the salvage value is $2,000?
What type of business entity has only one owner, and is not distinguishable between the owner and the business entity?
What type of business entity makes a special election, and is generally created for the public good?
ABC Company had the following information regarding their accounts. Increase in accounts receivable of $10,200; decrease in supplies of $3,100; gains on sale of equipment of $7,400; losses on sales of equipment of $630; net income of $63,150; increase in accounts payable of $3,500, and depreciation of $12,340. In addition, expected capital expenditures are $12,000 […]
What is the amount of doubledeclining balance depreciation, for year 1, if the cost of an asset is $75,000, the useful life is 5 years, and the salvage value is $4,000.
What type of business entity is formed when the owners desire to have thousands of owners, raise capital through the sale of stock, has liability protection for its owner, and does not make a special election?
What is the amount of double declining balance depreciation, for year 3, if the cost of an asset is $75,000, the useful life is 5 years, and the salvage value is $4,000.
What is the amount of double declining Balance depreciation, for year 4, if the cost of an asset is $75,000, the useful life is 5 years, and the salvage value is $4,000.
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