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
LenaWriter [7]
4 years ago
14

Kansas Enterprises purchased equipment for $78,500 on January 1, 2021. The equipment is expected to have a five-year service lif

e, with a residual value of $6,150 at the end of five years. Using the double-declining balance method, depreciation expense for 2021 would be:
Business
1 answer:
Zepler [3.9K]4 years ago
5 0

Answer:

Annual depreciation= $28,940

Explanation:

Giving the following information:

Kansas Enterprises purchased equipment for $78,500 on January 1, 2021. The equipment is expected to have a five-year service life, with a residual value of $6,150 at the end of five years.

Annual depreciation= 2*[(original cost - residual value)/estimated life (years)]

Annual depreciation= 2* [(78,500 - 6,150)/5]= $28,940

You might be interested in
Choose the answer that correctly identifies the conflict management styles represented by each version. a. 1- non-confrontationa
patriot [66]

Hi, you've asked an incomplete question. However, the missing question read;

Version 1: George walks away. He never talks to Elaine or Jerry again.

Version 2: George confronts Elaine, saying “I am angry about what you have been saying. I do not want you spreading rumors about me. If you have a problem, please see me about it.”

Version 3: George yells at Elaine to shut u.p and then confronts his boss demanding to know why he’s going to be fired.

Version 4: George demands that Elaine tell him where she heard that. Elaine tells him not to worry about it and tries to crack a joke about how much the boss is late.

Answer:

  • <u>Version 1: non-confrontational</u>
  • <u>Version 2: cooperative</u>
  • <u>Version 3: confrontational</u>
  • <u>Version 4: confrontational and cooperative</u>

Explanation:

1. In this scenario it is evident that George avoids confrontation with Elaine. In fact, we are told that "[He] walks away..."

2. In this scenario, however, we notice a cooperative deposition between George and Elaine. He made this lear when he said, "...If you have a problem, please see me about it.”

3. Confrontation occurs in this scenario as we are told that "George... then confronts his boss demanding to know why he’s going to be fired. "

4.  By demanding "that Elaine tells him where she heard that" indicates confrontation. While Elaine's cracking a joke about how much the boss is late shows cooperation.

4 0
3 years ago
Read 2 more answers
Dairy farmers in the United States have been paying higher prices each year for essential components of production, such as feed
Elza [17]

Answer:

A) Unless they have found other ways to cut expenses, some dairy farmers are no longer making a profit.

Explanation:

The situation for dairy farmers is as follows:

  • were barely making any profit five years ago
  • their costs have significantly increased
  • their revenue has stayed the same

Then many of them should be working without making any profit at all or directly losing money.

The equation is simple: Revenue - total costs = profit

If revenue stayed the same and total costs increased, then profits decreased.

3 0
4 years ago
what monthly sharpe and information ratios has hedge fund cphf realized before fees? also, what is the maximum drawdown of hedge
SVETLANKA909090 [29]

The Sharpe ratio provides an indication of a fund's returns relative to its level of risk. This is calculated by subtracting a predetermined risk-free rate from the fund's annualized return to generate the fund's excess return, then dividing it by the fund's volatility over the same period.

Investors most commonly evaluate hedge funds by assessing their Sharpe Ratio over a number of years. A Sharpe Ratio measures performance while taking into account the amount of risk to which the investments are exposed.

Ratios do not provide any insight into how better one fund is compared to the other. Sharpe ratio ignores the serial correlation between hedge fund returns. If the serial correlation is present in the month-to-month returns, the same can result in overstating the Sharpe ratio.

Learn more about ratios here:-brainly.com/question/2914376

#SPJ4

6 0
2 years ago
LO 8.3When is the direct labor time variance favorable?
ExtremeBDS [4]

Answer:

The correct answer is letter "D": when the actual price is less than the standard price.

Explanation:

Direct labor rate variance compares the existing direct labor costs and normal direct labor costs over the same operating period. Favorable variance in the labor rate can be caused by hiring more unskilled employees, reducing the minimum wage, and incorrectly setting indirect labor costs. Favorable variance takes place when the <em>costs of direct labor are efficient or lower compared to the standard</em>.

4 0
4 years ago
A(n) ________ is someone who takes the risk of creating, organizing and operating a business, usually to satisfy a need in the m
Anarel [89]

Answer:

entrepreneur

Explanation:

Hope this helps!!!

6 0
3 years ago
Other questions:
  • Stock A has an expected return of 14% and a standard deviation of 35%. Stock B has an expected return of 20% and a standard devi
    14·1 answer
  • A local university reports that 3% of their students take their general education courses on a pass/fail basis. assume that fift
    9·1 answer
  • What can a person do to help increase their credit score everfi?
    11·2 answers
  • Acme Furniture Manufacturers has just purchased a large supply of exotic lumber that is ready for use in their new line of furni
    9·1 answer
  • Leopard Machinery is analyzing a proposed project. The company expects to sell 2,300 units, give or take 4 percent. The expected
    9·1 answer
  • A person who, for compensation and on behalf of another person, can transact insurance with, but not on behalf of an insurance c
    11·1 answer
  • Charter Corporation, which began business in 2013, appropriately uses the installment sales method of accounting for its install
    15·1 answer
  • Analysis reveals that a company had a net decrease in cash of $4,000 for the current year. Net cash provided by operating activi
    5·1 answer
  • Roncy Manufacturing uses enhanced powder plastics (EPP) to manufacture a high-pressure board, Dura-Plastic. Information concerni
    12·1 answer
  • Sensitivity analysis in the calculation of the adjusted present value (APV) allows the financial manager to Multiple Choice cons
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!