Answer:
Annual depreciation 2017= $8,000
Explanation:
Giving the following information:
The cost of the asset is $50,000 with an estimated five-year life and $10,000 salvage value at the end of its useful life.
T<u>o calculate the depreciation expense under the straight-line method, we need to use the following formula:</u>
<u></u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (50,000 - 10,000)/5
Annual depreciation= $8,000
Answer:
the answer is false
Explanation:
it's tedious to copy everything a speaker says. you should paraphrase in your notes, and get the most important points.
Answer: Strategic Investment
Explanation:
Here , in this particular case the strategic investment best describes an alliance in between the organizations i.e. Ziff Tech and Tictoe Corp. Strategic investment under this scenario is portrayed as a transaction which is moreover closely inclined towards a joint ventures. Under strategic investments, one organization makes the initial investment into another organization.
Need is essential for survival, while wants are a person's desires. The 1st statement explains want and the 2nd need.
<h3>What do you understand by the term need and want?</h3>
A need is something that is required for survival (for example, food and shelter), whereas a want is something that a person would like to have.
- Frankie already has a pair of basketball shoes that he can use for the tryout, so the new pair is a <u>Want</u><u>.</u>
- The new shoes would be considered a <u>Need</u> if Frankie did not have a pair of basketball shoes for the tryout.
Therefore, the above statement explains the want and the need.
Learn more about the want and need here:
brainly.com/question/13923283
Answer:
$100,000
$350,000
Explanation:
The bond sale be reported as debt service expenditures for 2020 and 2021 can be calculated as follows
The Amount would be reported as debt service expenditures for 2020
= $5,000,000 x 4% x 1/2 year
= $100,000
The amount would be reported as debt service expenditures for 2021
= $5,000,000 x 4% + $250,000
= $350,000