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Answer 1

Answer:

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Explanation:

trust


Related Questions

what is an example of a personal-use property?

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ang kagan daha na ay ikaw

Compare and contrast the two types of workplace motivation

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A personal drive is necessary for self-motivation, although other people may encourage you when you're doing well and provide a hand when things aren't going as planned in group motivation. Self-motivation demands a personal desire.

This is further explained below.

What is Self-motivation?

Generally, The concept of motivation refers to the driving force behind why people and other creatures start, maintain, or stop engaging in a certain action at a certain point in time.

It is usual practice to define motivational states as factors operating inside the agent that provides a tendency to participate in an action that is geared toward achieving a goal.

In conclusion, A personal drive is required for self-motivation, but other people may support you when you're doing well and provide a hand when things aren't going as planned in group motivation. Self-motivation requires a personal drive, while group motivation requires a group drive. A strong personal passion is necessary for self-motivation.

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Central planning often suffers from a coordination problem and an incentive problem.
True
False

Answers

Central planning often suffers from a coordination problem and an incentive problem is a true statement.

What is Planning?

Planning is the process of creating a specific plan that outlines how personnel will exercise control and what the overall objectives will be. In essence, it lays out the process for achieving the goal each step-by-step.

Additionally, as the procedures are being completed, adjustments must be made in the controlling process. This quality controls the time and the quantity.

Central planning helps managers to coordinate in a more organized and effective manner. It is true that the economic system frequently experiences communication and motivational issues.

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35). The later LMX studies shifted focus from describing in- and out-groups to focusing on how LMX ______.

A) relates to organizational effectiveness

B) assesses leader behaviors

C) mirrors servant leadership

D) relates to follower skill development

Which is correct!

Answers

The answer is A, how LMX relates to organizational effectiveness.

Taxes are cut by 10% for all income levels. What type of policy is being conducted

Answers

When taxes are cut, the type of policy that is being conducted is a expansionary fiscal policy.

What is a expansionary fiscal policy?

Fiscal policies are policies enacted by the government to control the money supply in the economy. Fiscal policy can either be contractionary or expansionary.

Expansionary fiscal policy is when the government increases the supply of money in the economy. This can be done either by reducing the taxes or increasing their level of spending.

Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing their spending or increasing taxes.

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How much money must you deposit in a savings account today to have Rs. 20000 in 20 years if the interest rate 7% compounded annually?

Answers

You must deposit Rs. 6122 into a savings account today.

Equation:-

Assuming that Principal (P) = 20000

A = P[1+(R/100)] where Rate (R) = 7 and Number of Years (n) = 20.

ⁿ\s= 20000[1+(7/100)]

²⁰\s= 20000[1+(1/7)]

²⁰\s= 2000[(7+1)/7]

²\s= 20000 X (8/7) X (8/7)\s= 26122

Total Amount, A = 26122 Rupees

Compound Interest (CI) equals A-P = Rs. 26122 x 20 000 = Rs. 6122

What does the term "compound interest" mean?

The interest you earn on interest is known as compound interest. Simple math may be used to demonstrate this: if you have $100 and it generates 5% interest annually, you will have $105 at the end of the first year. You'll have $110.25 after the second year is over.

What is meant by the phrase "compound interest"?

Compound interest is the term for interest that is earned on interest. This may be shown using simple math: if you start with $100 and it earns 5% interest every year, you will have $105 at the end of the first year. After the second year, you'll have $110.25.

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Renee works at Indigo Inc. and attends school part-time as part of her company’s educational assistance program. In 2020 her company reimbursed her a total of $6,250 for tuition, books, supplies, fees, etc., related to her schooling. How much of this amount can Renee exclude from her gross income?
A. $0, this is a company sponsored benefit and does affect the individual’s return
B. $5,250, the maximum exclusion allowed under an employer’s educational assistance program
C. $5,750 the maximum exclusion allowed under an employer’s educational assistance program
D. $6,250 the maximum exclusion allowed under an employer’s educational assistance program

Answers

The answer is D, $6,250 the maximum exclusion.

Accounts must have a high sense of________ in which they use personal morals and values when making business decisions

Answers

Accountants need to have a strong sense of objectivity so that they may base business judgments on their own morals and values.

What are one's own values and morals?

Values define what people personally want, whereas morals define what the society in which they live wants for them. In a particular society, some behaviors are viewed as desirable while others are viewed as undesirable.

Where do your moral principles come from?

One response to this is that moral principles are taught by religions through sacred books and religious leaders, and that even non-religious people's moral principles have been absorbed from the religious past present in their environment.

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Meg Whitman, former CEO of HP, stated that early in her career she gained credibility and displayed competence through her focus on

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Meg Whitman, former CEO of HP, stated that early in her career she gained credibility and displayed competence through her focus on creating a successful track record.

Whitman resigned as CEO of eBay in November 2007, but remained on the board and served as an guide to new CEO John Donahoe till past due 2008. She was inducted into the U.S. business hall of fame in 2008. Meg Whitman is nice recognized for taking eBay from $five.7 million to $8 billion in sales as CEO from 1998 to 2008. Whitman presently serves as the us ambassador to Kenya. She changed into CEO of Hewlett-Packard from 2011 to 2015, where she oversaw its split into HP Inc. Meg Whitman, in full Margaret Whitman, (born August four, 1956, Spring Harbor, new york, U.S.), American commercial enterprise government and flesh presser who served as president and CEO of eBay (1998–2008), a web auction business enterprise, and later of the technology company Hewlett Packard (2011–15).

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Assume the same facts as in Hurte-Paroxysm Products, Inc. (A). HP Products also believes that if it maintains the same price in Brazilian reais as a permanent policy, volume will increase at 10% per annum for six years. Dollar costs will not change. At the end of six years HP Products’ patent expires and it will no longer export to Brazil. After the reais is devalued to R$4.00/US$ no further devaluation is expected. If HP Products raises the price in reais so as to maintain its dollar price, volume will increase at only 4% per annum for six years, starting from the lower initial base of 40,000 units. Again dollar costs will not change, and at the end of six years HP Products will stop exporting to Brazil. HP Products’ weighted average cost of capital is 12%. Given these considerations, what do you recommend for HP Products’ pricing policy? Justify your recommendation.

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Answer:

nick grimshaw has revealed his first novel about

Which scenarios can be considered effects of Soul Sister shoe store choosing to sell dresses shoes or over sneakers select two answers

Answers

Option A and B are correct. A)High faculty athletes quit purchasing there: This choice is correct. As the corporation is no extra producing the sneaker shoe. Therefore, excessive school athletes stop shopping there. This choice is correct.

B.)The stock of sports activities socks goes unsold: This choice is correct.

As the business enterprise modifications the manufacturing from the sports activities to the dress shoes. The gadgets of sports socks go unsold, as no greater buyers will come to purchase the socks only. This impact is correct.

What is an instance of a scenario?

A possible scenario would be that we pass to the city. The most in all likelihood scenario is that he goes again to faculty in the fall. The best-case scenario would be for us to finish the work via tomorrow. In the worst-case scenario, we would have to start the undertaking all over again.

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Problem 2-5A (Algo) Analyze the impact of transactions on the accounting equation and record transactions (LO2-2, 2-4)
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[The following information applies to the questions displayed below.]

Karen owns a lawn maintenance company, and Janine owns a machine repair shop. For the month of July, the following transactions occurred.


July 3 Karen provides lawn services to Janine's repair shop on account, $450.
July 6 One of Karen's mowers malfunctions. Janine provides repair services to Karen on account, $400.
July 9 Janine pays $450 to Karen for lawn services provided on July 3.
July 14 Janine borrows $550 from Karen by signing a note.
July 18 Karen purchases advertising in a local newspaper for the remainder of July and pays cash, $120.
July 20 Karen pays $400 to Janine for services provided on July 6.
July 27 Janine performs repair services for other customers for cash, $750.
July 30 Janine pays employee salaries for the month, $250.
July 31 Janine pays $550 to Karen for money borrowed on July 14.
Problem 2-5A (Algo) Part 2
Required:

2. Using the format shown below, enter the impact of each transaction on the accounting equation for each company. (Decreases to account classifications should be entered as a negative.)

Answers

Entering the impact of each transaction on the accounting equation for each company is as follows:

Karen (Lawn Maintenance Company):

                                                     Assets = Liabilities + Equity

Date            Cash     Accounts     Notes =   Accounts  + Retained Earnings

                               Receivable  Receivable Payable  Revenue - Expenses

July 3                            $450                                            $450 (Service Rev.)

July 6                                                              $400                              -$400 (Repair Expense)

July 9         $450        -$450

July 14      -$550                           $550

July 18      -$120                                                                                    -$120 (Advertising Expense)

July 20    -$400                                           -$400

July 31      $550                         -$550

Janine (Machine Repair Shop):

                                       Assets = Liabilities + Equity

Date            Cash     Accounts  = Notes    Accounts  + Retained Earnings

                               Receivable  Payable   Payable     Revenue - Expenses

July 3                                                              $450                         -$450 (Lawn Expenses)

July 6                          $400                                              $400 (Service Revenue)

July 9       -$450                                           -$450

July 14       $550                          $550

July 20      $400      -$400

July 27      $750                                                                $750 (Service Revenue)

July 30    -$250                                                                             -$250 (Salaries Expense)

July 31     -$550                        -$550

Transaction Analysis:Karen's Company:

July 3 Accounts Receivable $450 Service Revenue $450.

July 6 Repairs Services $400 Accounts Payable $400

July 9 Cash $450 Accounts Receivable $450

July 14 Note Receivable $550 Cash $550

July 18 Advertising Expenses $120 Cash $120

July 20 Accounts Payable $400 Cash $400

Janine's Company:

July 3 Lawn Expenses $450 Accounts Payable $450

July 6 Accounts Receivable $400 Service Revenue $400

July 9 Accounts Payable $450 Cash $450

July 14 Cash $550 Note Payable $550

July 20 Cash $400 Accounts Receivable $400

July 27 Cash $750 Service Revenue $750

July 30 Salaries Expense $250 Cash $250

July 31 Note Payable $550 Cash $550

Thus, the accounting equation states that Assets = Liabilities + Equity.

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The text uses the metaphor of a house to explain the relationship between metaethics, normative ethics, and applied ethics. Which part of the house represents normative ethics?

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The framework represents normative ethics.

What is normative ethics?

Normative ethics is the discipline of philosophical ethics that looks at the issues that arise regarding how one should behave morally. It is the study of ethical behavior.

Normative ethics is to establish moral benchmarks that define what is appropriate and inappropriate behavior. In a way, it's an effort to find the perfect yardstick for the right conduct. The Golden Rule is a well-known illustration of a normative principle: We should treat others as we would like to be treated

In this case, the text uses the metaphor of a house to explain the relationship between metaethics, normative ethics, and applied ethics. Therefore, the framework represents normative ethics.

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What following agency is responsible for enforcing title seven of the civil rights act and the Americans with disabilities act

Answers

We can actually deduce here the agency that is responsible for enforcing Title VII of the Civil Rights Act and the Americans with disabilities act is the  Equal Employment Opportunity Commission (EEOC).

What is Civil Rights Act?

Civil Rights Act is actually known to be act that was set-up in 1964 which is a civil rights and labor law seen in the United States. This act is known to kick against any form of discrimination that is based color, race, sex, origin and religion.

We see that Title VII of the Civil Rights Act was given to the  Equal Employment Opportunity Commission (EEOC) to enforce.

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How do agency problems arise? Give some examples of agency problems in the South African context. How can corporations monitor the costs of the problem?

Answers

Institutional investors are affecting the work of the agency.

What are the problems related to agency in South Africa?

Agency expenses are influenced by corporate governance structures and the presence of institutional investors in South African publicly traded companies. According to our research, independent boards reduce agency expenses whereas huge boards increase them. It is crucial to separate institutional investors based on their investment goals and their capacity for effective monitoring to cut down on agency expenses. The findings demonstrate that while institutional investors, who have been viewed as a homogeneous group, have looked to play a significant governance role in reducing agency difficulties, pressure-insensitive investors have a greater ability to affect agency-related concerns. Results have an impact on how institutional investors and independent non-executive directors in South Africa can monitor companies.

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If the demand for cell-phone data decreases and supply decreases, equilibrium quantity?

May increase or decrease and the equilibrium price increases.

Falls and the equilibrium price increases.

Falls the the equilibrium price may increase or decrease.

Falls and the equilibrium price decreases.

Answers

If the demand for cell-phone data decreases and supply decreases, equilibrium quantity falls the the equilibrium price may increase or decrease. (third option).

What is the impact of a decrease in demand and supply?

When there is a change in demand, it means that other factors other than the price of the good has caused demand to change. An example of such factors is a change in consumer's taste.

When there is a change in demand, the demand curve would either shift to the left or the right. When demand decreases, the demand curve would shift to the left. When demand decreases, both the equilibrium price and quantity would decrease.

When there is a change in supply, it means that other factors other than the price of the good has caused supply to change. An example of such factors is a change in the number of producers.

When there is a change in supply, the supply curve would either shift to the left or the right. When supply decreases, the supply curve would shift to the left. When supply decreases, the equilibrium price quantity increases and equilibrium quantity would decrease.

Taking these two changes together, equilibrium quantity falls the the equilibrium price may increase or decrease.

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36). The mature partnership phase is characterized by ____.

A). tasks
B). testing of roles
C). reciprocity
D). career-oriented exchanges

Which is correct?!

Answers

Option (C) reciprocity is correct.

The mature partnership phase is characterized by reciprocity.

This phase comes under LMX theory.

What is LMX theory?The formal leader-member exchange theory, which first elaborated on the nature of the leader-follower interaction and its results before creating a model for effective leadership, was most notably developed by George Graen and his colleagues.While the majority of theories have placed a strong emphasis on the leader's perspective, the LMX theory views leadership as a process that is oriented on interactions between leaders and followers. According to the LMX theory, the process is centered on a dyadic relationship between leaders and followers.A prescriptive approach to leadership called leadership making emphasizes that all of a leader's followers, not just a select few, should engage in high-quality exchanges with them. Three phases—the stranger phase, the acquaintance phase, and the mature partnership phase—are involved in the development of leadership through time.High-quality discussions between leaders and members characterize phase three, mature cooperation. People that have developed to this stage in their relationships feel a great deal of obligation, respect, and trust for one another.

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Exercise 4-33 (Algo) Job Costing [LO 4-3, 4-4, 4-5]
Johnson Incorporated is a job-order manufacturing company that uses a predetermined overhead rate based on direct labor hours to apply overhead to individual
jobs. For the current year, estimated direct labor hours are 98,000 and estimated factory overhead is $588,000. The following information is for September of the
current year. Job A was completed during September, and Job B was started but not finished.
September 1, inventories
Materials inventory $ 8,900
Work-in-process inventory (All Job A) 34,000
Finished goods inventory 74,000
Material purchases 125,000
Direct materials requisitioned
Job A 79,000
Job B 40,500
Direct labor hours
Job A 5,600
Job B 2,100
Labor costs incurred
Direct labor ($8.00/hour) 61,600
Indirect labor 14,900
Supervisory salaries 7,400
Rental costs
Factory 8,400
Administrative offices 3,200
Total equipment depreciation costs
Factory 9,600
Administrative offices 3,700
Indirect materials used 13,400
Required:
1. What is the total cost of Job A?
2. What is the total factory overhead applied during September?
3. What is the overapplied or underapplied overhead for September?

 Required 2 Required 3 

Answers

1. The total cost of Job A is $191,400.

2. The total factory overhead applied during September is $46,200.

3. The underapplied overhead is $7,500.

Data and Calculations:

Estimated direct labor hours = 98,000 hours

Estimated factory overhead = $588,000

Predetermined overhead rate = $6 per direct labor hour ($588,00/98,000)

September 1, inventories:

Materials inventory $ 8,900

Work-in-process inventory (All Job A) 34,000

Finished goods inventory 74,000

Material purchases 125,000

Direct materials requisitioned

Job A 79,000

Job B 40,500

Direct labor hours

Job A 5,600

Job B 2,100

Labor costs incurred:

Direct labor ($8.00/hour) 61,600

Indirect labor 14,900

Supervisory salaries 7,400

Rental costs:

Factory 8,400

Administrative offices 3,200

Total equipment depreciation costs:

Factory 9,600

Administrative offices 3,700

Indirect materials used 13,400

Production Costs:

                                                Job A         Job B           Total

Work-in-process inventory $34,000                          $34,000

Direct materials                     79,000      $40,500       119,500

Direct labor costs                  44,800         16,800        61,600

Overhead applied                 33,600         12,600       46,200

Total costs                          $191,400      $69,900   $261,300

Overhead Costs:

Indirect labor 14,900

Supervisory salaries 7,400

Factory Rent 8,400

Factory Depreciation 9,600

Indirect materials used 13,400

Total actual overhead = $53,700

Overhead applied          $46,200

Underapplied overhead  $7,500

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Identify and describe at least three factors in the external environment that affect college environment.

Answers

The external environment,   technological environment ,sociocultural environment are  three factors in the external environment that affect college environment.

Another significant development that shouldn't be ignored is the state of the economy. This environment alludes to crucial elements of the financial framework in which colleges function. For instance, a decrease in tuition costs is an example of transformation in the economic realm. Due to the tightening of the spending ceilings, as tuition costs drop, the number of students enrolled for a given time period rises. Additionally, an institution with better or even great financial management will see higher enrollment success.

The ethical view of an individual is formed by the contribution mostly of these factors -

Family influencePeer influence (friends, school mates)Life experiencesPersonal values and moralsSituational factors (certain events)

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A corporation that pollutes a body of water has not met its moral minimum duty of social responsibility even if the business later companies those whom the pollution has injured.

Answers

The statement is False. A corporation that pollutes a body of water has not met its moral minimum duty of social responsibility even if the business later companies those whom the pollution has injured.

The proprietors of a corporation are shareholders (also referred to as stockholders) who gain hobby in the business by using shopping stocks of stock. Shareholders choose a board of directors, who are answerable for coping with the organization.

Nowadays, the standard answer is that an organization's purpose is to benefit its shareholders – academics communicate the “shareholder primacy norm,” and many communicate corporate managers' projects as “shareholder wealth maximization.” Even apparently selfless corporate acts, including charitable donations, are justified.

A company is a form of commercial enterprise employer that doubles as a separate criminal entity from its proprietors. All businesses are companies, however, now not all corporations are necessarily companies.

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what is your view on the "online gaming system with absolutely no physical presence in the presence in the philippines. shall be considered as "doing business" in the philippines and was thus required to obtain a license to do business from the SEC, state facts to support your answers.

Answers

It is TRUE to state that "online gaming system with absolutely no physical presence in the presence in the Philippines can be considered as "doing business"

What is the justification for the above assertion?

The Securities and Exchange Commission - SEC stated various criteria to support the corporation's presence in the Philippines:

1) establishment of the online account takes place in the Philippines;

2) Access is granted by users in the Philippines;

3) The material is paid for using local credit cards from within the Philippines; and

4) The web material is delivered in the Philippines. The IP address in the Philippines gets the offer of services, transmits the acceptance of the offer to the virtual plane, and lastly, the content or service is delivered to the account holder's IP address in the Philippines via such virtual plane.

As a result, "the transactions will be executed in the Philippines," according to the SEC.

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what are the four considerations you should follow to uphold your ethics? is it don’t jump to conclusions, evaluate the situation, identify the criteria and seek counsel?

Answers

There are four main principles of ethics: autonomy, beneficence, justice, and non-maleficence.

Ethics is what courses us, to tell the truth, keep our promises, or help someone in need. there's a framework of ethics underlying our lives on a day-by-day foundation, supporting us make choices that create advantageous effects and guidance us far from unjust outcomes.

We use ethics in our everyday lives to improve the exceptional of our relationships. high satisfactory close relationships contribute to intellectual and physical nicely-being. They fulfill our mental want for intimacy and belongingness. How we deal with others is primarily based on what we cost in relationships.

Ethics is a set of ethical requirements and values ideal in society. it's miles applicable in the context of a society most effective. Ethics courses human conduct or behavior. If any member of society behaves contrary to the norms and customs, society disapproves of it.

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Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash
outflows.
Rent for the month
Spending for food
Savings account balance
Current value of automobile
Credit card balance.
Auto insurance
Video equipment
Lunches/parking at work
Personal computer
Clothing purchase
$1,550
$ 795
$ 2,070
$ 9,400
$325
$ 410
$ 2,800
$ 270
$ 2,100
$ 200
Monthly take-home salary
Cash in checking account
Balance of educational loan
Telephone bill paid for month
Loan payment
Household possessions
Payment for electricity
Donations
Value of stock investment
Restaurant spending
$ 3,085
$ 630
$ 3,240
$155
$ 260
$ 5,200
$ 180
$ 340
$ 1,310
$ 220

Answers

Answer: khjbkjbkbkjbkjb

Explanation:

kjbjbkijbkjlblkjbljb

Identify four factors of production needed by Baker’s to produce bread and cookies.

Answers

In batch production, a set of things are finished through each stage of the production process one at a time. Making bread at a bakery is a nice illustration of batch manufacturing.

What are the four 4 factors of production What is their relationship?

Inputs utilized in the creation of goods or services to generate a profit are referred to as factors of production in economics. These comprise any material required for the production of a good or service. Land, labor, capital, and entrepreneurship are the components of production.

The elements used to make a cake, such as flour and sugar, all came from crops, which are analogous to the factors of production (land). Even the chickens that laid the eggs consumed grains or corn that had been cultivated in the soil. You put forth the time and effort to combine the elements (labor).

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What statements describe Theodore Roosevelt's presidency? Check all that apply.
✓ Roosevelt expanded the power of the presidency.
✓ Roosevelt created the country's first national parks.
* Roosevelt established limits on the office of the president.
✓ Roosevelt negotiated construction of the Panama Canal.
* Roosevelt expanded the United States with the Louisiana Purchase.
* Roosevelt established arms reduction treaties with the Soviet Union.

Answers

The presidency of Theodore Roosevelt is described in the remarks. Roosevelt established the first national parks in the nation.

On more than 230 million acres of public land after taking office in 1901, Roosevelt utilized his power to create 150 national forests, 51 federal bird reserves, four national game preserves, five national parks, and 18 national monuments.

What motivated Roosevelt to establish national parks?

To preserve woods for future use was the goal. Roosevelt, a fervent supporter of using the nation's resources, wanted to ensure their sustainability. During his presidency, Roosevelt established 51 Federal Bird Reserves, making him the first president to do so.

What kind of social impact has Theodore Roosevelt had?

Roosevelt created 150 national forests, 51 federal bird reserves, four national wildlife preserves, five national parks, and 18 national monuments on more than 230 million acres of public land after taking office in 1901.

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Answer:

A B D

Explanation:

explain reason why the Kenya government must collect taxes from it's citizens

Answers

A nation's capacity to fund social services like healthcare and education, vital infrastructure like roads and electricity, and other public goods depends heavily on its ability to collect taxes.

Examples of public goods?

The rule of law, national defense, and law enforcement are a few examples of public goods. The term "public goods" can also apply to more fundamental items like access to fresh water and clean air.

From where do taxes come?

The majority of the money the government receives in tax payments each year or every three months comes from contributions made by individual taxpayers, small enterprises, and corporations.  Excise, estate, and other taxes and fees make up the remaining sources of revenue for the federal government.

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A meeting of the minds refers to

Answers

Answer:

an understanding or agreement between two people or groups?

Explanation:

I din completely know If this is right but I think??

You are planning your retirement and you come to the conclusion that you need to have saved $3 million in 30 years. You can invest into an retirement account that guarantees you a 10% annual return. How much do you have to put into your account at the end of each year to reach your retirement goal?

Answers

The amount that he should put into the account at the end of each year is $18,237.74.

How much should he put in the account each year?

An annuity is a series of payment that is made over a period of time. The amount that should be invested at the end of each year to meet the retirement goal is a function of the future amount you want when you retire, the number of years before you retire and the interest rate.

Amount to be invested each year = future value / annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

Where:

r = interest rate = 10%n = number of years = 30

Annuity factor = [(1.10^30) - 1] / 0.10 = 164.49402

Amount to be invested each year = 3,000,000 / 164.49402 = $18,237.74

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QUESTION TWO (30 MARKS)

The accountant of Richfield Pty Ltd did not provide for the depreciation on non-current assets in the current financial year. He approached you to assist her in calculating the depreciation and with the disclosure of property, plant and equipment in the financial statements for the year ended 30 June 2018.

The following balances were extracted from the records of Richfield Pty Ltd on 30 June 2018

Machinery at cost R660 000

Accumulated depreciation on machinery R131 250

Vehicles at cost R360 000

Accumulated depreciation on vehicles R21 600

Equipment at cost R480 000

Accumulated depreciation on equipment R70 000


Additional information.
1. A manufacturing machine was purchased on 31 July 2016 at a cost of R660 000. The estimated production capacity of the machine is 180 000 units over the useful life of the machine. The estimated residual value at the end of its useful life is R30 000. During the financial year, 42 000 units (2017: 37 500 units) were manufactured by the machine.


2. Depreciation on vehicles is provided at 30% per annum on the carrying amount method. A new vehicle with a cost of R216 000 was purchased on 31 August 2017 and correctly recorded. The other vehicles were purchased on 1 January 2017.


3. Equipment with an estimated economic useful life of six years was depreciated using straight-line method. New equipment with a cost of R120 000 was purchased on 1 April 2018 and is included in the balance on 30 June 2018. The other equipment was purchased on 1 May 2016.


REQUIRED: Disclose property, plant and equipment on the statement of financial position and in the notes to the financial statements of Richfield Pty Ltd on 30​

Answers

The disclosures of property, plant, and equipment on the statement of financial position and in the notes to the financial statements of Richfield Pty Ltd on 30 June 2018 are as follows:

Statement of Financial Position

Property, Plant, and Equipment:

Machinery at cost                                           R660,000

Accumulated depreciation on machinery     R278,250       R381,750    

Vehicles at cost                                              R360,000

Accumulated depreciation on vehicles        R129,600      R230,400

Equipment at cost                                         R480 000

Accumulated depreciation on equipment   R145,000      R335,000

Notes to the Financial Statements

Property, Plant, and Equipment:

                         Cost         Depreciation  Accumulated      Ending

                                            Expenses     Depreciation     Balance

Machinery   R660,000        R147,000        R278,250       R381,750

Vehicles     R360,000        R108,000         R129,600      R230,400

Equipment R480 000         R75,000         R145,000      R335,000

Data and Calculations:

Richfield Pty Ltd on 30 June 2018

Machinery at cost R660 000

Accumulated depreciation on machinery R131 250

Vehicles at cost R360 000

Accumulated depreciation on vehicles R21 600

Equipment at cost R480 000

Accumulated depreciation on equipment R70 000

1) Machinery:

Cost = R660,000

Residual value = R30,000

Depreciable amount = R630,000

Depreciation Expenses for the year = R147,000 (R630,000 x 42,000/180,000)

2) Vehicle:

Cost = R360,000

Depreciation Expenses = R108,000 (R360,000 x 30%)

3) Equipment:

Old Equipment's Depreciation Expense = R60,000 (R360,000/6)

New Equipment's Depreciation Expense = R15,000 (R120,000/6 x 9/12)

Total Equipment's Depreciation Expenses = $75,000

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Do some research online and list 3 promotions that have exceeded a business' expectations

Answers

List three promotions that have surpassed a business's expectations after doing some online research.

7 methods for exceeding clients' expectations

Don't be afraid to surprise people.

Become more responsive.

Ensure a unified experience over all channels.

Avoid making commitments you can't maintain.

Get close.

aiding customers in self-help.

Include your target audience in the creation process.

What are six strategies to satisfy or surpass expectations?

Six Ways to Outperform Customers' Expectations

Think carefully. Give them a pleasant, simple purchasing experience.

Be perfect in your word choice. Give thorough explanations of your goods or services, and only make guarantees you can maintain.

Maintain good manners.

Keep your word.

Be approachable.

Donate freely.

Can you give an instance where you surpassed a client's expectations?

taking over for a manager or boss who was forced to miss work due to unforeseen circumstances. putting forth extra effort to satisfy an unique request from a patient, client, or other constituent. Anything else you did to make your company's clients or customers happy outside the scope of your regular work responsibilities

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