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erik [133]
2 years ago
7

Farmers company purchased equipment on January 1 year one for $96,000 The equipment is estimated to have a five-year life and a

salvage value of 13,000 the company use straight line depreciation method at the beginning of year for farmer revise the expected life to eight years the annual amount of depreciation expense for each of the remaining years would be
Business
1 answer:
Lubov Fominskaja [6]2 years ago
5 0

Answer:

$6,240

Explanation:

annual amount of depreciation expense for each of the remaining years would be $6,240.

Please let me know if you found this answer helpful or it can be improved in any way!

Have an awesome day!

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Joan borrowed $10,000 from a relative to start her own business. Assuming she takes all responsibility for the company's financi
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Answer:

sole proprietorship

Explanation: im guessing

4 0
2 years ago
Assume $1,000 is deposited in a checkable account by mr. y in bank
otez555 [7]
Hi there

1,000÷0.20
=5,000

5,000−1,000
=4,000....Answer (this is the total amount of money can be created)

Hope it helps
4 0
3 years ago
True or false: The initial result of the Hawthorne studies demonstrated that no matter what the levels of light and noise were,
insens350 [35]

Answer: True

Explanation:

The Hawthorne studies were designed originally in order to show the relationship that existed between productivity and the workplace conditions.

A study like the the level of lighting was used to show correlation with the productivity of the workers and the result was that demonstrated that no matter what the levels of light and noise were, there was an increase in the worker productivity because the workers liked the attention they received by being part of a study.

8 0
3 years ago
Consider the market demand and supply for eggs. Assume that the market for eggs is perfectly competitive. Suppose that egg produ
In-s [12.5K]

Answer:

The quota system is not efficient since the total supply is less than the equilibrium quantity. This will produce a deadweight loss which equals the lost supplier surplus plus the lost consumer surplus. The deadweight loss s the area between the demand and supply curve, and between the imposed quota and the equilibrium quantity.

Graph 1 shows the market equilibrium while graph 2 shows the deadweight loss.

3 0
3 years ago
Padraig receives total employment compensation of $70,000 and had $2,000 in job expenses. Which of the following could be true a
Keith_Richards [23]

The option that's true about Padraig’s gross pay and total employee benefits is "His total employee benefits are 12.5% of his annual gross pay of $64,000"

His annual gross pay is $64,000, his employment benefits will be:

= 12.5% × $64000

= 12.5/100 × $6400

= 0.125 × $64000

= $8000

Therefore, the annual compensation will be:

= $64000 + $8000

= $72000

In conclusion, the correct option is C.

Read related link on:

brainly.com/question/23770424

7 0
3 years ago
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