1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elanso [62]
1 year ago
8

Depreciation by Two Methods

Business
1 answer:
lesya [120]1 year ago
3 0

The amount of annual depreciation by the straight-line method is $18,800.

<h3>Annual depreciation</h3>

a.  Annual depreciation

Annual depreciation=[($80,000 - $4,800) ÷ 4]

Annual depreciation=$18,800

b. Annual depreciation

Year 1 Annual depreciation= 10% × $80,000

Year 1 Annual depreciation = $8,000

Year 2 Annual depreciation= 10% × ($75,000 - $7,500)

Year 2 Annual depreciation = $7,520

Therefore the amount of annual depreciation by the straight-line method is $18,800.

Learn more about annual depreciation here:brainly.com/question/16448059

brainly.com/question/24213593

#SPJ1

You might be interested in
What are the five elements in the management​ process? A. ​organize, plan,​ control, staff, and manage B. ​accounting, finance,​
jolli1 [7]
A degree may open the door to a variety of opportunities and diverse career paths. The degree programs offered at AIU will not necessarily lead to the featured careers. This collection of articles is intended to help inform and guide you through the process of determining which level of degree and types of certifications align with your desired career path.

While most positions and departments within a business are tasked with specific duties based on particular knowledge, expertise, or company needs, managers can have a broader and more complex set of responsibilities. More than just specialized knowledge, management requires an ability to navigate numerous procedural, structural, and interpersonal challenges in the process of guiding one's team to the completion of various goals.

8 0
3 years ago
Mickey and Jenny Porter file a joint tax return, and they itemize deductions. The Porters incur $2,000 in investment expenses. T
Reil [10]

Answer:

Please check the following explanation

Explanation:

Capital losses are not included in the calculation of net investment income. Therefore, $2,000 long-term capital loss would have no effect on investment income. Thus, Porters' investment income will remain $2,500.

Consequently, Porters' can deduct $2,500 of the investment interest expense and the remaining $500 of investment interest expense will be carried over to next year.

4 0
2 years ago
23. The Geotechnical Considerations Decision Matrix can help identify situations in which ________ conditions are not suitable f
Vlada [557]
<h2>Howdy,</h2>

Answer- soil conditions

7 0
1 year ago
Items of value owned by a business are known as which of the following?
Andre45 [30]

Answer:

Explanation:

Assets

6 0
3 years ago
Economic ordering quantity with safety stock (LO5) Diagnostic Supplies has expected sales of 84,100 units per year, carrying cos
disa [49]

Answer:c. Assume an additional 80 units of inventory will be required as safety stock. What will the new average inventory be? What will the new total carrying cost be?

Explanation:

3 0
2 years ago
Read 2 more answers
Other questions:
  • A disadvantage of forming a partnership is that ownersa) can find it tougher to start and stop a business.b) can find it more di
    9·2 answers
  • What happens to the chart as you update its data table?
    10·2 answers
  • What is an entrepreneur
    9·2 answers
  • Parent Corporation purchased land from S1 Corporation for $220,000 on December 26, 20X8. This purchase followed a series of tran
    9·1 answer
  • Given that the economy is operating in the horizontal section of the aggregate supply curve in the simple Keynesian model, an in
    7·1 answer
  • At an annual effective interest rate of 6.3%, an annuity immediate with 4N level annual payments of 1,000 has a present value of
    14·1 answer
  • Rapier Woodworking Corporation produces fine cabinets. The company uses a job-order costing system in which its predetermined ov
    5·1 answer
  • Question 2 (5 points) Based on the following data, determine the amount of total assets, total liabilities, and net worth. Liqui
    10·1 answer
  • Due to inflation and shortages created by supply chain shortages, the price of Paco Rabanne's Eau de Toilette Spray increased
    11·1 answer
  • Not knowing the roles of key players in the buying process could cause a sales representative to?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!