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Annette [7]
3 years ago
12

Marlow Company purchased a point of sale system on January 1 for $6,300. This system has a useful life of 10 years and a salvage

value of $850. What would be the depreciation expense for the second year of its useful life using the double-declining-balance method
Business
1 answer:
iren2701 [21]3 years ago
3 0

Answer:

Depreciation expense Year 2= $872

Explanation:

Giving the following information:

Purchase price= $6,300

Salvage value= $850

Useful life= 10

<u>To calculate the depreciation expense under the double-declining balance method, we need to use the following formula each year:</u>

Annual depreciation= 2*[(book value)/estimated life (years)]

Year1= 2*[(6,300 - 850)/10]= $1,090

Year2= 2*[(5,450 - 1,090)/10]= $872

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crimeas [40]

Answer:

The correct answer is Holistic marketing.

Explanation:

Holistic marketing is a term coined by Philip Kotler, in which the areas of exploration, creation and delivery of the value that a company carries out through the management of relations with all its stakeholders are integrated. This means working with "value" in terms of customer relationships, competition and our network of collaborators.

With this strategy, it is possible to increase the value perceived by all parties, obtaining a high level of quality in the processes and a growth in the share of customers thanks to loyalty. Many times the term is used to refer to 360º (multi-channel) or blended marketing techniques, but in reality it is an expanded value management.

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3 years ago
Many commodities have futures markets associated with them. A futures market is a prediction market that aggregates information
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Answer:

Answer is explained in the explanation section below.

Explanation:

Solution:

a.

Unleaded fuel prices are expected to fall by June 2019 according to future demand forecasts.

Since the future price is less than the spot price, it would be better for long-term buyers who can wait for the price to increase because the market is currently in BACKWARDATION. This happens due to a short-term disparity in demand and supply.

b.

If the information in this sector is reliable and impartial, the expected June price will most likely be similar to the real price we will see in June.

It is reliable if the market is accurate and impartial, i.e. the market research on which knowledge flows.

The prices of goods are either integrated or expressed in such a flow of knowledge.

So, if it's unbiased and reliable, the forecast prices would be reasonably similar to the real future price.

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3 years ago
What was one positive effect of economic globalization?
kiruha [24]
A positive impact of economic globalization is the economic integration. The world as a global village has experienced an unprecedented level of economic integration in the sense that many companies across a wide range of countries have been able to propose a variety of products to the world, which would have been very difficult or even impossible in a context of locally based or centred economy.
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a) Increase

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The quantity of corn supplied will increase rapidly in the short run before equilibrium will be established in the market

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Corinne works in procurement for a major electronics company. One of her challenges is ensuring that raw metals, such as tungste
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Corinne is very excited because she works with a new company that uses due diligence to track these precious metals from mine to manufacturer to ensure they are not "conflict metals. ".

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