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Gelneren [198K]
3 years ago
13

Belle Co. determined after 4 years that the estimated useful life of its labeling machine should be 10 years rather than 12 year

s. The machine originally cost $46,000 and had an estimated salvage value of $1,000. Belle uses straight-line depreciation. What amount should Belle report as depreciation expense for the current year?
A. $4,500
B. $5,000
C. $3,750
D. $3,200
Business
2 answers:
pav-90 [236]3 years ago
7 0
The answer is C 3,750
Alex_Xolod [135]3 years ago
5 0
C. 3,750 is the correct answer
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<span>Business organizations I bet. Hope this helps. :)</span>
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ompany X and company Z are planning to merge their business into one and are seeking regulatory approval. What is the most likel
ArbitrLikvidat [17]

Answer: The newly created firms is able to take advantage of economies of scale.

Explanation:

A merger is an agreement whereby two companies come together and pool their resources together in order to form one company and achieve same organizational goals.

One main reason why companies merge together is in order to achieve economies of scale. This is the reduction in cost as a result of the expansion and increase in production level.

4 0
3 years ago
Describe the swot analysis, its components, and how it aids a company in making strategic decisions. provide examples of each co
11Alexandr11 [23.1K]
This is my short version.

SWOT: strengths, weaknesses, opportunities and threats.
This is usually accomplished with a large management team. They can break out into teams, for an amount of time they start with strengths. They record and present. Reviewing the similarities help them focus. The ones that don't watchman be reviewed at another time. Do the same with the other categories. Allow 15 minutes for each discussion and 5 minutes for presentation. Hang them on the walls.
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This is called "where the rubber meets the road." This is where you need the time to discuss and move them towards decisions.
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Strengths: great employees; good, solid management team
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HOPE THIS HELPS!!!


4 0
3 years ago
Inferring Transactions from Financial Statements
denpristay [2]

Gap's cost of goods sold is $10,258 million and Cash paid to supplier is $10,447 million.

Let understand that Cost of good sold refers to amount of expenses incurred to produce the goods produced by a firm.

  • The formulae for deriving the Cost of Goods Sold is {Beginning Inventories + Purchases – Ending Inventories}.

  • Information given are <em>Purchased inventories $10,392, Ending inventories $2,131 and Beginning inventories $1,997</em>

<em />

Cost of goods sold = $1,997 + $10,392 - $2,131

Cost of goods sold = $10,258

  • In conclusion, the amount of Gap's cost of goods sold is $10,258

Let understand that Cash paid to accounts payable refers to net amount paid to supplier of goods.

  • The formulae for deriving the Cash paid to accounts payable is  Beginning balance for 2015 + Purchases - Ending balance for 2015

Cash paid to accounts payable = $1,181 + $10,392 - $1,126

Cash paid to accounts payable = $10,447

  • In conclusion, the amount of Gap's Cash paid to supplier is $10,447

Learn from similar solution here

<em>brainly.com/question/16805564</em>

6 0
2 years ago
Kwan has $10,000 in interest expense; an expired $5,000 insurance policy; $20,000 in depreciation and he paid himself a dividend
Lubov Fominskaja [6]

The only item with no entry in assets on his balance sheet is <u>B) the interest expense</u>.

<h3>When is an accounting entry for assets made?</h3>

The accounting entry for assets is made when an asset increases or decreases in value.

For instance, the interest expense may not necessarily affect the assets because it is not stated if it has been paid in cash or not.  However, the expired insurance policy, depreciation, and payment of dividends affect these asset accounts:

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<h3>Answer Options:</h3>

A) the expired insurance policy

B) the interest expense

C) the depreciation

D) the dividend

Thus, the only item with no entry in assets on his balance sheet is <u>B) the interest expense</u>.

Learn more about assets and balance sheets at brainly.com/question/24534918

#SPJ1

6 0
1 year ago
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