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
Kruka [31]
4 years ago
6

An automobile purchased for use by the manager of a firm at a price of $24,000 is to be depreciated linearly over 5 years.  What

will the book value of the automobile at the end of 3 years be?  Assume a scrap value of $0.
Business
1 answer:
Elena L [17]4 years ago
6 0
2,400/5=4,800 per year is the depreciation.
You might be interested in
The raw materials used in manufacturing during the year totaled $1,018,000. Raw materials purchased during the year amount to
Margaret [11]

Answer:

1,081,000

Explanation:

Here we will use the formula

Material Purchase = Beginning raw material - (Ending raw material + raw material used)

by applying this formula we can calculate Material purchased.

= 547,000 - (610,000+1,018,000)

= 1,081,000

5 0
3 years ago
Mountain Springs Water Company has two departments, Purifying and Bottling. The Bottling Department had 2,900 liters in beginnin
zimovet [89]

Answer: 61,390 liters

Explanation:

If materials were added at the beginning, they will be 100% accounted for at the end of the process.

Equivalent Units = Units started and completed + Ending inventory

= Units completed - Beginning WIP + Ending inventory

= 59,110 - 2,900 + 5,180

= 61,390 liters

6 0
3 years ago
Bobbi and Stuart are partners. The partnership capital of Bobbi is $35,300 and that of Stuart is $77,700. Bobbi sells his intere
SCORPION-xisa [38]

Answer:

The correct answer is:

John's capital account for $35,300 (c.)

Explanation:

In the admission of a new partner, the purchase of ownership from an existing partner to a new partner is entirely a personal transaction between the existing partner and the new partner, and the extent of partner bonus (the interest sold on the original partnership amount) is acquired by the exiting partner, but this bonus is not reflected in the partnership agreement, hence the amount credited into the new partner's account is the same as that owned previously by the exiting partner, irrespective of how much the partnership ownership was sold for.

Hence, since Bobbi's partnership capital was $35,300, John's account would be credited with the same amount even if the ownership was sold for $55,900, as the bonus goes to Bobbi.

7 0
3 years ago
Arthur, an Air Force major, received a permanent change of station transfer from Alabama to Spain. His spouse did not accompany
daser333 [38]

Answer:

$0

Explanation:

Generally speaking, military housing allowances, subsistence allowances, overseas housing allowances and family separation allowances are not included in gross income. They are not taxed by the federal or state governments. Military personnel are not relocated based on the country's national security needs, not their own personal needs.

If the moving expenses exceed the amount given to them by the Air Force, the extra amount is generally tax deductible.

6 0
3 years ago
While approaching a group of colleagues, Patrice overheard what she believed were inappropriate comments about another team memb
aivan3 [116]

Answer:

The question is incomplete, the options are missing. The options are the following:

a) Suggest to Patrice that spreading negative information learned from eavesdropping is not healthy for the workplace.

b) Thank Patrice for speaking up and forward the item to a neutral third party for handling.

c) Immediately fire the team members who made the comments.

d) Contact the team member who was the subject of the comments to see if he or she was offended.

e) Thank Patrice for her input, but based on the harmlessness of the situation, take no further action.

And the correct answer is the option B: Thank Patrice for speaking up and forward the item to a neutral third party for handling.

Explanation:

To begin with, these kind of situations are most common than expected in the workplace so that is why that nowadays exist a lot of seminars about certain subjects that involves the behavior in the organization and furthermore there is the regular action of the Human Resources Department that takes cares of all the penalties and the solutions when it comes to subjects regarding the employees of the business and their relationship both with each other and with the company. So the correct way to act in this scenario would be to thank Patrice and tell her that the manager would inform to the Human Resources Department about it, being this last one a third party in the situation itself.

6 0
3 years ago
Other questions:
  • If susan sharpe, vice president of marketing, is at the stage in her market research where she is gathering information about th
    13·1 answer
  • Due to massive customer heterogeneity, Professor Fader would say there’s more opportunity to "move the needle" via ___________ t
    8·1 answer
  • What are the big six foodborne illness
    15·1 answer
  • Trent is having trouble answering some of the questions the interviewer is asking him. Trent could have prevented this by:
    9·1 answer
  • Select the most appropriate opening for a direct claim letter when the remedy is obvious. O Please send me a new Nintendo 3DS to
    9·2 answers
  • This is a graphic representation of the quantity producers are willing to produce at different prices.
    6·1 answer
  • Culver Corporation has retained earnings of $718,500 at January 1, 2017. Net income during 2017 was $1,596,000, and cash dividen
    15·1 answer
  • Time management is example of a strength, challenge or resource? <br>​
    11·2 answers
  • A check is__? (1 point)
    15·1 answer
  • Interest payable, income tax payable and salary payable are all examples of _______.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!