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5 months ago

Using the straight-line method, depreciation for 2024 and book value on december 31, 2024, would be:

Business

1 answer:

ludmilkaskok [199]5 months ago

8 0

Using the straight-line method, depreciation for 2024 and book value on december 31, 2024, would be: Same

<h3>Define Straight-line method .</h3>

A technique of calculating periodic Depreciation that entails deducting the scrap value from the cost of a depreciable asset and dividing the resulting amount by the projected number of periods of usable life of the asset.

The cost of an item is evenly dispersed across the period of time it will be utilized, or its "useful life," using straight-line depreciation. It simply needs three inputs to calculate: the asset's cost, its usable life, and its anticipated salvage value, which is how much the item will probably be worth .

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If the demand for product x is inelastic, a 4 percent decrease in the price of x will.

NeTakaya

A 4 percent decrease in the price will lead to an increase in the quantity demanded by less than 4 percent.

<h3>What is demand?</h3>

Demand simply means the amount of goods and services that a buyer wants to buy at a particular price and time.

When the demand for product x is inelastic, a 4 percent decrease in the price of x will lead to an increase in the quantity demanded by less than 4 percent.

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1 year ago

Depreciation expense is added back to net income when preparing the cash flow from operating activities section because deprecia

luda_lava [24]

Answer:

Depreciation expense is added back to net income when preparing the cash flow from operating activities section because depreciation represents a non cash reduction to net income. Depreciation is a non cash reduction because it notes down the the reduction in the value of an asset due to use as an expense and because the company isn't making any cash transactions due to depreciation of assets therefore it is a non cash expense and this is why it is added back to net income when preparing cash flow from operating activities.

Explanation:

4 0

2 years ago

A marketing campaign makes unsubstantiated claims for the product it is promoting. Under ________, such advertisements would be

vredina [299]

Answer:

Section 5 of the FTC Act

Explanation:

Section 5 of the FTC Act prohibited companies to make "deceptive actions" during all activities in a commerce.

In marketing, this section of the Act prevented companies to falsely promoting their products. They're required to truthfully listed all ingredients of the product and banned from making claim that are misleading to the consumers.

For example, you can't claim a drug that you sell can cure cancer without proper authorized researches to back it up.

3 0

3 years ago

West Corp. issued 13-year bonds 2 years ago at a coupon rate of 9.4 percent. The bonds make semiannual payments. If these bonds

finlep [7]

Answer:

9.68%

Explanation:

yield to maturity (YTM) = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

face value = $1,000

market value = $1,000 x 0.98 = $980

n = (13 - 2) x 2 = 22

coupon = $1,000 x 0.094 x 1/2 = $47

YTM = {$47 + [($1,000 - $980) / 22]} / [($1,000 + $980) / 2] = $47.9090 / $990 = 0.4839 x 2 (annual rate) = 0.09678 = 9.68%

4 0

3 years ago

Reserves consist of the currency in the _____ plus the balance on its _____ account at _____.

k0ka [10]

In the bank vault researve and at a Federal Reserve Bank

5 0

3 years ago