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
astraxan [27]
2 years ago
10

daily enterprises is purchasing a $10 million machine. it will cost $50,000 to transport and install the machine. the machine ha

s a depreciable life of five years and will have no salvage value. if daily enterprises uses straight-line depreciation, what are the depreciation expenses associated with this machine?
Business
1 answer:
kupik [55]2 years ago
7 0

The machine's annual depreciation costs are calculated by dividing the machine's purchase price by its installation cost over a 5-year period:Depreciation costs equal (10,700,000 + 56,000) / Number of Years divided by five, or $2,151,200.

The value of a fixed asset less the total accumulated depreciation that has been recorded against it is its depreciated cost. The total amount of capital that is "used up" in a certain time frame, such as a fiscal year, is referred to as the depreciated cost in a broader economic sense. The accuracy with which depreciation is calculated allows one to assess patterns in a company's capital expenditures and how aggressive its accounting practices are. The terms "salvage value," "net book value," and "adjusted cost base" are all synonyms for "depreciated cost." Businesses and private individuals can calculate an asset's useful worth using the depreciated cost technique of asset appraisal.

learn more about depreciation costs here:

brainly.com/question/24297521

#SPJ4

You might be interested in
Which of the following is the appropriate rank of sectors (from lowest to highest percentage) of the U.S. Gross Domestic Product
Brilliant_brown [7]

Answer:

B). Agriculture, Industry, Services.

Explanation:

The United States is a highly developed country owning a mixed economy. Its GDP and net wealth makes it the largest economy of the world. The economy of the United States in divided into three major sectors i.e. Agriculture or the primary sector, the Industrial sector, and the service sector. The service sector contributes most to the US economy with 68% of its contribution. The primary sector contributes 5.4% to the GDP and the industry with 26.6% of its contribution to the development of U.S. economy. Thus, <u>option B</u> is the correct answer.

6 0
3 years ago
Bob has been training with you for three months. He has lost 15 pounds (7 kg) and has changed his eating habits. A new position
Musya8 [376]

Answer: Select smaller portions, order grilled items vs. fried, and limit sauces

Exercise often

Explanation:

Dieting asides it involving food has great discipline that is most important. In as much as an individual stops some meal or limit taking some, he needs to be consistent in the decision to stick by appying discipline in eating irrespective of their location, with the goal that was in the mind when the process began. Bob would have to continue with the same routine of food that made him loose weight and what I'll recommend for him would be Select smaller portions, order grilled items vs. fried, and limit sauces. Then, exercise often.

8 0
3 years ago
There are many food carts near Mark’s university. Mark and his friends regularly buy hot dogs from Jeff’s cart. Recently, Andrea
Lubov Fominskaja [6]
Jeff’s hot dog cart will have less customers and he will get less sales
5 0
4 years ago
Which of the following is true of both paying with a check and paying with a debit card?
emmainna [20.7K]
The correct option is A.
Both paying with a check and paying with a debit card is accepted by most business as means of payment. The two methods allows you to draw money from your account to settle your funds needs.
Although, both means can be used to pay for purchases, there are some basic differences between the two method. For instance, a PIN is needed for you to utilize your debit card, but check does not required this. Also, an overdraft check can be drawn from a bank, but with debit card, you can only spend the money you have in your account.
8 0
3 years ago
Read 2 more answers
On September 1, Paisley Corp. signed a 2-year interest-bearing note payable for $100,000. The interest rate was 12%, and both pr
Ilya [14]

Answer:

$4,000

Explanation:

7 0
4 years ago
Other questions:
  • Skysong, inc. uses the percentage of receivables method for recording bad debts expense. the accounts receivable balance is $140
    10·1 answer
  • MC Qu. 9-81 Holly, Inc. has a building that originally cost... Holly, Inc. has a building that originally cost $410,000. Holly e
    14·1 answer
  • Advertisers on facebook are charged on a pay-per-click basis for banner ads
    8·1 answer
  • The Marchetti Soup Company entered into the following transactions during the month of June:
    8·1 answer
  • A real estate investment that is most similar to a mutual fund specializing in real estate investment is called a
    13·2 answers
  • What are the 7 steps in the decision making process
    6·1 answer
  • SWOT analysis is an objective process. True False
    13·1 answer
  • Do you believe that the citizenship process is fair? Why or why not?
    15·2 answers
  • Give an example of a natural monopoly industry operating in South Africa.
    9·1 answer
  • All else held constant, which of the following will decrease the allocation to the risky asset?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!