That is true. Good luck on your future endeavors.
Answer:
$11,200
Explanation:
The computation of the depreciation expense using the units of activity method is shown below:
Before that first we have to find out the depreciation rate which is
= (Original cost - residual value) ÷ (estimated machine hours)
= ($140,000- $28,000) ÷ (40,000 hours)
= ($112,000) ÷ (40,000 hours)
= $2.8
Now for the depreciation expense is
= Machine hours × depreciation per machine hours
= 4,000 × $2.8
= $11,200
Answer:
D.restrictive covenant.
Explanation:
Restrictive covenant is a clause in an employment contract, which prohibit employee from taking favor or benefit of ex employer´s brand, data, information, etc. This help the employer to protect its data and information from being misuse or used against them.
This clause also ristrict employee from working for a direct competitive company.
It also ristrict employee from poaching client or business from the ex employer´s company.
It also ristrict employee from being in direct contact with client or vendors.
Answer: D. and assuming they retire at age 50, Cindy will have over 50% more than Melvin
Explanation:
Since Melvin begins his retirement fund at age 30, depositing $1,000 per month until age 50 while Cindy begins her retirement fund at age 20, depositing the same $1,000 per month amount until age 50 with a 5% annual interest on their funds, then we can deduce that if they retire at age 50, Cindy will have over 50% more than Melvin.
Therefore, the correct option is D.
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