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
Angelina_Jolie [31]
3 years ago
14

Equipment was purchased for $60,000. Freight charges amounted to $2,800 and there was a cost of $8,000 for building a foundation

and installing the equipment. It is estimated that the equipment will have a $12,000 salvage value at the end of its 5-year useful life. Depreciation expense each year using the straight-line method will be
a. $11,760.
b. $9,600.
c. $9,840.
d. $14,160.
Business
1 answer:
Sholpan [36]3 years ago
6 0

Answer:

a. $11,760. 

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

Cost of asset = $60,000 + $8,000 + $2,800 = $70,800

($78,800 - $12,000) / 5 = $11,760. 

I hope my answer helps you

You might be interested in
Quaker introduced its "quaker oats to go" bar and marketed it as a healthy and convenient breakfast choice. quaker marketing mes
Doss [256]
<span>quaker marketing message is designed to help the consumer to :
- Recognize a problem (which is that people often do not have enough time to make their own breakfast before go to work)
and
- </span><span>acknowledge breakfast as important and make it a priority in their busy day (and make customers aware that they need to consume something nutritious to be able to function properly at their job)</span>
8 0
2 years ago
_____ has the ability to introduce methods in which government can use to assist in ensuring equity.
dezoksy [38]
Answer: Social Welfare

Hope this helped!
3 0
2 years ago
"Bill thought he had received the best deal on his new car. Shortly after the purchase, Bill started to notice certain disadvant
prohojiy [21]

Answer:

Cognitive dissonance

Explanation:

Cognitive dissonance is the term which occurs or happen when the tension arises among the attitudes or beliefs of the person and the decision that contradicts with those pre- existing thinking modes.

In short, it means that it occurs when a person select among the two equally unappealing or equally attractive options.

So, in this case, Bill thinks that he had received the best deal for the car, but after purchasing, he noticed the disadvantages of the car as he learned regarding the new cars. Therefore, he is experiencing the cognitive dissonance.

6 0
3 years ago
The public debt surpassed GDP during the 1940s 1950s 1960s 1970s 1980s 1990s early 2000s then fell steadily, reaching its lowest
ElenaW [278]

Answer:

The public debt as a percentage of GDP in the United States, reached its lowest point in recent decades, in 2001, when it represented 54.9% of GDP.

After that year, this indicator began to increase, at first slowly, and from 2007 on very rapidly, propelled in part by the financial crisis. In 2010, the public debt as percentage of GDP was 89.3%.

6 0
3 years ago
Beatrice Markets is expecting a period of intense growth and has decided to retain more of its earnings to help finance that gro
VLD [36.1K]

Answer: $16.69

Explanation:

Using the Dividend growth model, the value is:

= [Dividend 1/ (1 + required return)] + [Dividend 2/ (1 + required return)²] + [Terminal value / (1 + required return)²]

Terminal value = Dividend after 2 years / (required return - growth)

= 2.50/ (14.5% + 0%)

= $17.24

Dividend 1 = 3.60 * ( 1 -30%)                                Dividend 2 = 2.52 * ( 1 -30%)

= $2.52                                                                                     = $1.76

Market value = (2.52 / 1.145) + (1.76 / 1.145²) + (17.24/1.145²)

= $16.69

3 0
3 years ago
Other questions:
  • When the US government becomes aware of economic changes, the discovery is most likely to influence 1. how the nation allocates
    14·1 answer
  • What companies are affected badly by corona?
    14·1 answer
  • A new business has total net sales of $5,000 and the cost of goods sold is $3000. What is the total gross margin from sales?
    9·1 answer
  • How is a significant amount of consignment inventory reported in the balance sheet? a)The inventory is reported separately on th
    12·1 answer
  • People pursue _____________ projects in the market and ____________ projects in government.
    15·1 answer
  • The diffusion of innovation curve shows the typical distribution of adoption for five different categories of consumers. Rank th
    14·1 answer
  • You know that firm XYZ is very poorly run. On a scale of 1 (worst) to 10 (best), you would give it a score of 3. The market cons
    9·1 answer
  • A major factor contributing to the growth in the use of direct marketing IMC efforts is:__________
    9·1 answer
  • Item 5Item 5 Internationally, legislators and professional bodies have focused on corporate governance issues in making recommen
    14·1 answer
  • On March 1, the actual cash received from cash sales was $36,006, and the amount indicated by the cash register total was $36,01
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!