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Harlamova29_29 [7]
2 years ago
11

Who is better James Charles or Ed Sheeran?

Business
2 answers:
Readme [11.4K]2 years ago
8 0

Answer:

depends on your taste

Dmitrij [34]2 years ago
7 0

Answer:

Ed sheeran

Explanation:

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2 years ago
______________ assumes that innovation is occurring within a highly uncertain environment and that the key to fast product innov
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Answer:

Experiential Approach to Innovation

Explanation:

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3 years ago
A CEO wants to make the argument that his company should put policies and structures in place to ensure adherence to the highest
forsale [732]

Answer:

the three options are valid:

  • Most consumers would prefer to buy products made by a company that demonstrates ethical behavior.
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  • Employees prefer to work for highly ethical organizations.

Explanation:

According to Accenture Strategy’s Global Consumer Pulse Research, the vast majority of consumers care about corporate actions and ethics, i.e. what the corporation says it does compared to what it really does. Also, the vast majority of consumers  prefer to purchase products from ethical corporations. This is true not only because a research study says so, it is something logical.

Several researches have shown that higher corporate social responsibility results in higher profits. Basically the reasons for this correlation are the same ones as the previous statement's.

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4 years ago
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4 0
4 years ago
On July 1, 2020, Sarasota Company purchased for $5,760,000 snow-making equipment having an estimated useful life of 5 years with
SpyIntel [72]

Answer:

1. We have:

Depreciation expense for 2014 = $920,000

Depreciation expense for 2015 = $1,472,000

2. We have:

Depreciation expense for 2014 = $1,152,000

Depreciation expense for 2015 = $1,843,200

3. Depreciation expense for 2016 = $1,972,000

Explanation:

1. Sum-of-the-years'-digits method.

Depreciable amount = Equipment cost – Salvage value = $5,760,000 - $240,000 = $5,520,000

Sum of the year digits = 5 + 4 + 3 + 2 + 1 = 15

Depreciation expense for a year = Depreciable amount * (Remaining years / Sum of the year digits) ………. (1)

Using equation (1), we have:

Depreciation expense for 2014 = $5,520,000 * (5 / 15) * (6 / 12) = $920,000

Depreciation expense for 2015 = $5,520,000 * (4 / 15) = $1,472,000

Accumulated depreciation at the end of 2015 = $920,000 + $1,472,000 = $2,392,000

Therefore, we have:

<u>Sum-of-the-Years'-Digits Method                    2014                        2015   </u>

Equipment                                                    $5,760,000             $5,760,000

Less: Accumulated Depreciation              <u>   (920,000)  </u>            <u> (2,392,000) </u>

Year-End Book Value                                   <u>  4,600,000 </u>          <u>    3,128,000 </u>

Depreciation Expense for the Year                920,000                1,472,000

2. Double-declining balance method.

Depreciable amount = Equipment cost – Salvage value = $5,760,000 - $240,000 = $5,520,000

Double-declining depreciation rate = Straight line depreciation rate * 2 = (1 / Number of estimated useful life) * 2 = (1 / 5) * 2 = 0.40, or 40%

Depreciation expense for 2014 = Equipment cost * Double-declining depreciation rate = $5,760,000 * 40% * (6 / 12) = $1,152,000

Depreciation expense for 2015 = (Equipment cost - 2014 Depreciation expense) * Double-declining depreciation rate = ($5,760,000 - $1,152,000) * 40% = $1,843,200

Accumulated depreciation at the end of 2015 = $1,152,000 + $1,843,200= $2,995,200

Note that under Double-declining balance method, the salvage value is not considered until the last year of the asset.

Therefore, we have:

<u>Double-Declining Balance Method                  2014                        2015     </u>

Equipment                                                    $5,760,000              $5,760,000

Less: Accumulated Depreciation              <u>   (1,152,000)  </u>           <u>  (2,995,200) </u>

Year-End Book Value                                <u>    3,456,000 </u>             <u>  2,073,600 </u>

Depreciation Expense for the Year              1,152,000                  1,843,200

3. Compute the amount of depreciation expense for the 2016 income statement.

Straight line depreciation rate = 1 / Number of estimated useful life = 1 / 5 = 0.20, or 20%

Depreciable amount = Equipment cost – Salvage value = $5,760,000 - $240,000 = $5,520,000

Depreciation expense for 2014 = Depreciable amount * Straight line depreciation rate * (6 / 12) = $5,520,000 * 20% * (6 / 12) = $552,000

Depreciation expense for 2015 = Depreciable amount * Straight line depreciation rate = $5,520,000 * 20% = $1,104,000

Accumulated depreciation at the end of 2015 = $552,000 + $1,104,000 = $1,656,000

Net book value at end of 2015 = Equipment cost - Accumulated depreciation at the end of 2015 = $5,760,000 - $1,656,000 = $4,104,000

Depreciation expense for 2016 = (Net book value at end of 2015 - New Salvage value) / Remaining useful years = ($4,104,000 - $160,000) / 2 = $1,972,000

8 0
3 years ago
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