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
TEA [102]
3 years ago
15

Carson Company purchased a depreciable asset for $560,000. The estimated salvage value is $28,000, and the estimated useful life

is 10,000 hours. Carson used the asset for 1,500 hours in the current year. The activity method will be used for depreciation. What is the depreciation expense on this asset in the current year?
Business
1 answer:
LenaWriter [7]3 years ago
5 0

Answer:

$79,800

Explanation:

Depreciation expense using the activity method = (actual hours of use in a given period / total estimated hours of use ) × ( Cost of asset - Salvage value)

(1500/10,000) × ($560,000 - $28,000) = $79,800

I hope my answer helps you.

You might be interested in
Reuben forces his way into the house of an elderly couple. He tells the lady that if she does not help him in carrying out a ban
Paul [167]

Answer:

Duress/Coercion/Compulsion

Explanation:

Duress or Coercion or Compulsion: This type of defense involves someone else threatening to use force or violence to get you to do something against your better judgment. Essentially, it means you were forced to commit a crime. In this case, Reuben want to entangle the elderly lady into the crime of bank heist by threatening to shoot her husband.

For a defense of Duress/Coercion/Compulsion: the person must be forced to commit the offence. The person under duress (illegal coercion usually through being threatened or the use of violence) must be present when the offence is committed. The person must believe that the threat will be carried out.

4 0
3 years ago
Read 2 more answers
Historically, a factory has been able to produce a very specialized nano-technology component with 35% reliability, i.e., 35% of
pochemuha

Answer:

Yes

Explanation:

From the given output

The  Probability of getting 13 or more passed

when the  reliability = 0.35. can be calculated as follows

=0.0258+0.0109+0.0039+.0012+0.0004 = 0.0422   ≈  4.2%

Since the probability is less than the  5% level we will therefore reject the Null hypothesis  

answer : YES

5 0
3 years ago
Antoine transfers property with a tax basis of $535 and a fair market value of $652 to a corporation in exchange for stock with
Dimas [21]

Answer: $438

Explanation:

Antoine's tax basis in the stock received in the exchange will be gotten as the adjusted basis of asset exchanged which will then be decreased by the liability assumed on the property that's transfered. This will be:

= $535 - $97

= $438

Therefore, Antoine's tax basis in the stock received in the exchange is $438.

8 0
2 years ago
Just because a firm is able to use its resources, capabilities, and competencies to
Arte-miy333 [17]

mind fact sub happy wala birthday quiz frist video

3 0
3 years ago
Caracteristicas profesionales de un instructor
7nadin3 [17]

Answer:

Un instructor es un profesional cuya tarea es la de, como su nombre lo indica, instruir a otras personas respecto de la realización de una actividad, arte o tarea determinada.

Así, por ejemplo, existen instructores de diversas actividades, como vuelo, buceo, entrenamiento personal, etc., los cuales enseñan a las personas a realizar su actividad, supervisando su performance y corrigiendo sus errores, para formar así personas idóneas en el arte o actividad que el instructor domina.

4 0
3 years ago
Other questions:
  • Consider mandy’s decision to go to college. if she goes to college, she will spend $20,000 on tuition, $10,000 on room and board
    8·1 answer
  • In a lean system, work-in-process inventory is reduced to reveal production problems, which can then be
    10·1 answer
  • In practice, a common way to value a share of stock when a company pays dividends is to value the dividends over the next five y
    5·1 answer
  • The following information is available for Miguel Company at December 31, 2020: beginning inventory $160,000; ending inventory $
    10·1 answer
  • You have been placed in charge of a large project. Shortened communication lines are required to ensure quick resolution of prob
    5·1 answer
  • On June 30, 2017, Prouty Co. had outstanding 9%, $5,000,000 face amount, 10-year bonds that pay interest semi-annually on June 3
    11·1 answer
  • Questionnnnnnnnn helppppp
    8·1 answer
  • Many small firms seek to establish a particular niche in the market, realizing that they cannot afford to operate on a larger sc
    11·1 answer
  • Select all that apply.
    10·2 answers
  • I.       What is meant by derive demand?  a. The demand is derived in beginning economic classes.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!