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
Ipatiy [6.2K]
3 years ago
14

A building acquired at the beginning of the year at a cost of $123,800 has an estimated residual value of $4,800 and an estimate

d useful life of 10 years. Determine the following: (a) The depreciable cost $ (b) The straight-line rate % (c) The annual straight-line depreciation
Business
1 answer:
grigory [225]3 years ago
6 0

Answer:

A. $119,000

B. 10%

C.$11,900

Explanation:

Deprecation is a method used in expensing the cost of an asset.

The depreciable cost = Cost of asset - Salvage value = $123,800 - $4,800 = $119,000

The straight line rate = 1/10= 0.1 = 10%

annual straight-line depreciation = depreciable cost × straight line rate = $119,000 × 0.1 = $11,900

I hope my answer helps you

You might be interested in
Due to impending labor strife over planned layoffs in its Silicon Valley headquarters, a social networking company has decided t
Ivanshal [37]

Answer:

putting a halt on the layoffs

Explanation:

This strategy should begin by putting a halt on the layoffs. This should be top priority since the layoffs themselves are the main cause for the criticism that the company is receiving and this criticism is the sole reason as to why its market position and staff productivity has fallen drastically. People think the company is failing and the staff is scared that they will eventually be fired. By stopping layoffs and waiting for a market recovery you give other better options a chance to arise and more efficient strategies to take effect.

6 0
3 years ago
Which of the following changes in the loanable funds market will decrease the equilibrium real interest rate?
LuckyWell [14K]

Answer:

The answer is Option C

Explanation:

Any event that would either decrease the demand for loanable funds or increase the supply of loanable funds will decrease the equilibrium interest rates. Supply of loanable funds is affect by the amount of national savings. National savings in turn, is the sum of private savings, public saving and net capital inflow.

In option C, capital inflows are increasing. This means that there would be an excess supply of money in the economy which can be converted into loanable funds. This would, therefore, push the supply curve to the right thereby reducing the real interest rate equilibrium.

7 0
3 years ago
In case you have to complete an application on site, you want to make sure you have your completed Personal Fact Sheet. Please s
Allushta [10]
That would be true so you make sure you have all the correct info to put on the application
8 0
3 years ago
Read 2 more answers
Investing money in a retirement fund is part of a plan for achieving _____. A. Immediate goals b. Long term goals c. Short term
MrRissso [65]

C is the answer hope you l it helps you

6 0
3 years ago
Management can make any form of distribution to the firm’s shareholders using the company’s free cash flow (FCF). The underlying
vovikov84 [41]

Answer:

A good use of free cash flow is to Invest in nonoperating assets

Explanation:

Free cash flow (FCF) is a measure of how much cash a business generates after accounting for capital expenditures such as buildings or equipment. This cash can be used for expansion, dividends, reducing debt, or other purposes.

If the underlying objective is to maximize shareholder wealth by increasing the firm’s value. Any use of FCF that negatively affects the firm’s value is not considered a good use of the FCF.

A good use of FCF would be to invest in nonoperating assets such as marketable securities, investments in other companies, etc.)

3 0
3 years ago
Other questions:
  • Scenario 13-3 Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As
    10·1 answer
  • True or False: The term “academic training” refers primarily to formal classes taken in school.
    8·2 answers
  • Cheryl is taking classes at an institution that offers face-to-face time with her instructor and classmates and also online time
    10·1 answer
  • Socks unlimited produces sport socks. the company has fixed expenses of $ 85 comma 000 and variable expenses of $ 1.20 per packa
    14·1 answer
  • Developing human capital is essential to maintaining a competitive advantage in today's knowledge economy. Efforts and initiativ
    15·1 answer
  • On January 1, 2021, Nath-Langstrom Services, Inc., a computer software training firm, leased several computers under a two-year
    12·1 answer
  • If prices are rising and a company's physical inventory levels are unchanged, the use of FIFO rather than LIFO for inventory val
    14·1 answer
  • Oriole Corporation reported the following for 2020: net sales $1,235,200, cost of goods sold $721,800, selling and administrativ
    9·1 answer
  • An investor has researched financial information for Fried Chicken Corporation over the past three years. He has provided you a
    9·1 answer
  • I am 15 I’m I able to work at a haunted house or something like that?
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!