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Vanyuwa [196]
2 years ago
13

In computing depreciation, salvage value isa. the fair market value of a plant asset on the date of acquisition.b. subtracted fr

om accumulated depreciation to determine the plant asset'sdepreciable cost.c. an estimate of a plant asset's value at the end of its useful life.d. ignored in all the depreciation methods.
Business
1 answer:
kirill115 [55]2 years ago
5 0

Answer:

c. an estimate of a plant asset's value at the end of its useful life

Explanation:

The salvage value or the residual value is the estimated value of the fixed asset which can be received at the end of its useful life. So, neither it is a fair market value of a plant asset , nor it is deducted from the accumulated depreciation.

The treatment of the residual value under the straight-line method or any other method is shown below:

The depreciation expense under the straight-line method is shown below:

= (Original cost - residual value) ÷ estimated life in years

The residual value should always be deducted from the original cost of fixed asset

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Susan recently quit working for a local firm and has yet to find a new job. She knows she can maintain her health insurance from
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Answer:

Susan will have to pay $525 for her health insurance.

Explanation:

The total amount paid to the health insurance is $200 by Susan and $325 by the employer which summed up to $525.

As now the employer is no longer paying the amount for the health insurance, so now Susan has to pay $525 herself for the health insurance.

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3 years ago
Which of the following statements is true of financial leverage
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2 years ago
Paney Company makes calendars. Information on cost per unit is as follows: Direct materials $1.50 Direct labor 1.20 Variable ove
PilotLPTM [1.2K]

Answer:

c.$21,670

Explanation:

The computation of the break-even point in sales dollars is shown below:

Break even point = (Fixed expenses) ÷ (Profit volume Ratio)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit  

= $10 -$1.50 -$1.20 - $0.90 - $0.40

= $6

And, Profit volume ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100

So, the Profit volume ratio = (6) ÷ (10) × 100 = 60%

And, the fixed expenses is $13,000

Now put these values to the above formula  

So, the value would equal to  

= ($13,000) ÷ (60%)  

= $21,670

8 0
3 years ago
As little as _______ percent of privately owned businesses ever move from the start-up stage to the success stage.
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8 0
2 years ago
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What are the main strengths and weaknesses of each of the competitive strategies: home replication, multidomestic, regional, glo
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One of the strengths of a home replication strategy is related to the local infrastructure, while its weak point is the need to respond to the local market.

The multidomestic strategy, on the other hand, has as a strong point the relationship with local customers and the possibility of expanding the business. The weak point is related to costs and ethnocentrism.

In a regional strategy, the advantages are related to infrastructure costs and weaknesses in business expansion, unlike global and transnational strategies, where strengths relate to business growth, and weaknesses to costs and local bureaucracy.

<h3 /><h3>What is a competitive strategy?</h3>

It is the way the organization finds to compete in the market and increase its advantage over competitors. Competitive strategy includes the structure of the company, its marketing, products and services, and when effective, it increases a company's positioning and long-term success.

Therefore, in each competitive strategy approach, companies must align their objectives and goals in relation to their values, needs and desires of consumers, instituting creativity and innovation in all their processes.

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