The depreciation expense to be recognized by Joseph in year 1 is $62,500.
<h3>What is depreciation?</h3>
Depreciation is the gradual fall in the value of a fixed asset over its economic life. It doesn't apply to intangible assets.
Given values:
The purchase cost of equipment: $325,000
Residual value: $75,000
Number of years of useful life: 4
Computation of depreciation expense for the year 1:
Therefore, the amount of depreciation charge comes out to be $62,500 to be reported in year 1.
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Answer:
Marketing channel
Explanation:
A marketing channel is the means through which the products are moved from the manufacturer to the end users. This means that the risks and rewards associated with the product flows down to the customers and every person who form part of this distrubution channels earns through achieving excessive sales.
Answer:
Following is attached the required solution for the question given.
I hope it will help you a lot!
Explanation:
Most probably B. What does Unc mean in question A?
Answer:
Operational
Explanation:
Operational feasibility is a strategic process that typically involves measuring how well a proposed solution to a particular problem will work in an organization while also determining how the organization's internal and external customers will react to the proposed solution.
As a general rule, it's very important and necessary that an organization carry out an operational feasibility so as to have a good knowledge and understanding of its proposed actions.