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maria [59]
2 years ago
10

A machine has a cost of $15,000, an estimated residual value of $3,000, and an estimated useful life of four years. The machine

is being depreciated on a straight-line basis. At the end of the second year, what amount will be reported for accumulated depreciation?.
Business
1 answer:
saveliy_v [14]2 years ago
4 0

Answer:

We find the amount in accumulated depreciation by finding the depreciable value:

Asset Cost - Residual Value = Depreciable Value

$15,000 - $3,000 = $12,000

Now, let's divide this by 2 to find the amount in accumulated depreciation at the end of the second year:

$12,000 / 2 = $6,000

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i a depreciation of its currency;

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A flexible exchange rate is when exchange rate is determined by the forces of demand and supply.

an expansionary monetary policy is a policy where the monetary authorities increase the money supply in the economy.

If exchange rate is flexible and an expansionary monetary policy is carried out, the supply of money would exceed its demand.  as a result, the value of money would fall. this is known as depreciation

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At December 31, 2020, Carter Company had 450,000 shares of common stock issued and outstanding, 350,000 of which had been issued
Dennis_Churaev [7]

Answer:

$3.03

Explanation:

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Using this formula

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Let plug in the formula

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4 0
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Which of the following costs is a mixed cost?
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Answer:

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Sometimes, the segregation is also difficult, when the total cost is given.

In the chosen option also, there is a fixed cost involved that is monthly expense of $5,000.

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