All categories

1 year ago

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

Business

1 answer:

ludmilkaskok [199]1 year 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 .

To know more about straight-line method , visit:

brainly.com/question/23775950

#SPJ4

You might be interested in

A pair of shoes is on sale for 25% off of the reguler price . what is the decimal for the amount of the reduction

Tanzania [10]

It is going to be .25 percent

5 0

3 years ago

Piper Corporation’s standards call for 1,000 direct labor-hours to produce 250 units of product. During October the company work

jekas [21]

Answer: C. 1200 hour

Explanation:

It is indeed 1200 hours because the units produced increased by 20% and therefore, theoretically, so should the time.

5 0

3 years ago

An x-ray machine at a dental offi ce is MACRS 5-year property. The x-ray machine costs $6,000 and has an expected useful life of

Brrunno [24]

Answer:

The correct answer is $2,637.31.

Explanation:

According to the scenario, the computation of the given data are as follows:

Cost of machine = $6,000

According to MACRs table depreciation for first 3 years are as follows:

Depreciation for 1st year = 20%, for 2nd year = 32% and for 3rd year = 19.2%

So, Cost of machine after 1st year = $6,000 - 20% × $6,000 = $6,000 - $1,200

= $4,800

Cost of machine after 2nd year = $4,800 - 32% × $4,800 = $4,800 - $1,536

= $3,264

Now, Cost of machine after 3rd year = $3,264 - 19.2% × $3,264

= $3,264 - $626.688 = $2,637.312

So, the book value at the end of three years = $2,637.31

3 0

3 years ago

When there is less money in

Drupady [299]

Answer:

the correct answer is

D all of the above

8 0

3 years ago

When an organization selects a single, primary target market and focuses all its energies on providing a product to fit that mar

sammy [17]

Answer:

Concentrated Targeting Strategy

Explanation:

Concentrated Targeting Strategy refers to a situation in which an organization focus its marketing efforts on only a specific segment of the market. That is, only one marketing mix is developed.

Concentrated Targeting Strategy allows the producer focus on the needs and wants of a particular segment of the consumers/ population. The producer directs all it's efforts to the satisfaction of a segment of the consumers.

Concentrated Targeting Strategy could be disadvantageous if the demand of the focused segment of consumers is low. Low demand will affect the financial position of an organization.

5 0

3 years ago