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
At a farmer’s market, a basket of strawberries costs $20 and a basket of peaches costs $18. On Saturday, 23 baskets were sold
nlexa [21]

Based on the calculation done, there are 15 baskets of peaches.

x + y = 23 ..... i

20x + 18y = 430 ...... ii

From equation i, x = 23 - y ..... iii

Put equation iii into ii

20x + 18y = 430

20(23 - y) + 18y = 430

460 - 20y + 18y = 430

2y = 30

y = 30/2 = 15

x + y = 23.

x + 15 = 23

x = 23 - 15 = 8

Learn more about equations on:

brainly.com/question/13763238

4 0
2 years ago
A partnership intentionally created and recognized, orally or in writing is known as a(n) _____ partnership.
quester [9]
A partnership intentionally created and recognized, orally or in writing is known as a express partnership. 
hope this helps! 
8 0
3 years ago
You are planning an AD implementation for a company that currently has Sales, Accounting, and Marketing departments. Each depart
netineya [11]

Answer:

Delegation of control

Explanation:

Active Directory (AD) is a product offered by Microsoft that is designed for managing computers and related devices within an intranet. It is part of a larger operating system called Windows Server used in both intranet and internet based servers.

4 0
3 years ago
What High School did LeBron James go to?
Ket [755]

Answer:

St Vincent St Mary High

4 0
3 years ago
Read 2 more answers
n​ mid-2017, an article in the Wall Street Journal noted​ that: ​"The Federal​ Reserve's interest-rate increases​ aren't having
telo118 [61]

Answer:

No

Explanation:

When Congress enacted the Federal Reserve Act in 1913, they stated the FED's mandates:

  1. promote maximum employment
  2. promote stable price

The FED's main objective is to conduct monetary policy in order to stabilize the economy and promote economic growth.

By stabilizing the economy the FED will lower inflation rate, therefore stabilizing prices. When the FED promotes economic growth, the unemployment rate should decrease, hopefully reaching a full employment.

7 0
3 years ago
Other questions:
  • Bismite Corporation purchases trees from Cheney lumber and processes them up to the splitoff point where two products (paper and
    15·1 answer
  • Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional
    14·1 answer
  • The rate that a state assigns reflecting a company's stability or instability in employing workers is the:
    12·1 answer
  • Cost of Goods Sold Allyson Ashley makes jet skis. During the year, Allyson manufactured 94,000 jet skis. Finished goods inventor
    12·1 answer
  • Look at the table price elasticity. what is the price elasticity of demand (using the midpoint formula) between $2.50 and $2.25?
    11·1 answer
  • The production possibilities curve:
    13·1 answer
  • Benjamin Fisher, the CEO of a stock brokerage firm, has been accused of insider trading. This is illegal and implies that Benjam
    9·1 answer
  • A woman listed her house that had prize roses bushes in the backyard. She told her agent that she would be removing the roses fr
    15·1 answer
  • Environmental scanning would be MOST important for which of the following organizations? a. A manufacturer of household linens b
    6·1 answer
  • The city pays $4 million to a contractor for work on a new bridge. a) Special Revenue Fund b) Capital Projects Fund c) General F
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!