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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

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If labor productivities were exactly proportional to wage levels internationally, this would A) not negate the logical basis for
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Answer:

A)not negate the logical basis for trade in the Ricardian model.

Explanation:

Trade can be regarded as basic economic concept which involves the buying as well as selling of goods and services, having a compensation that is been paid by a buyer to a seller.

The Ricardian model can be regarded as model that incorporates the standard assumptions of a perfect competition. This model in it's simplest form give assumption of two countries that are producing two goods, but uses one factor of production, the goods here are usually assumed to be identical, or to be homogeneous, within as well as across countries. It should be noted that when there is higher wage, there will be greater number of workers that are willing to work and vice versa, which defined the relationship between wages and productivity. productivity gives the

measurement of how efficiently labor

is been utilized when producing goods and services.

It should be noted that If labor productivities were exactly proportional to wage levels internationally, this would not negate the logical basis for trade in the Ricardian model.

3 0
2 years ago
A client has asked for your help to set up a recurring transaction. She wants to create a recurring sales receipt. This is the p
blagie [28]

Answer:

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To create a new automated transaction, the user must follow these steps:  Choose the Gear icon > Recurring Transactions > New > Transaction Type. Among the transaction types available we can identify billing, deposits, transfers, and purchase orders.

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Mike and Sue McCloskey wanted to change the dairy farming industry itself. They did this by opening up their farms to the public
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Empowering people to change the way of production and making them aware of different aspects of the industry.

<u>Explanation:</u>

The challenges that are faced while managing a firm or a company are known as the managerial challenges. These challenges must be overcome to increase the level of production and the efficiency.

Some kinds of managerial challenges are the quality improvement of goods, work force diversity, empowerment and educating teams to make them aware of the different aspects of the industry, stimulating innovation and changes and so on.

8 0
3 years ago
In late 2008, the Fed purchased $300 billion in long-term Treasury securities and $1.25 trillion in mortgage-backed securities.
Pie

Answer:

Quantitative easing

Explanation:

Quantitative easing is a strategy that is used by governments to ease borrowing rates and encourage economic growth.

This is done by buying up long term securities in the economy thereby increasing money supply.

Cost of money is reduced, that is money can now be borrowed at a cheaper rate.

This is exemplified in this scenario where Fed purchased $300 billion in long-term Treasury securities and $1.25 trillion in mortgage-backed securities.

3 0
2 years ago
Graham had developed an extremely successful advertising and promotion campaign for a client in the United States. The client wa
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e. differences in languages, customs, and culture might make the campaign meaningless and ineffective in some markets.

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