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marin [14]
3 years ago
6

An asset costing $50,000.00 with a residual value of $5,000.00 has an estimated useful life of 5 years. Using the declining-bala

nce method at twice the straight-line rate the depreciation for the second year is
$20,000.00.

$10,800.00.

$12,000.00.

$18,000.00.
Business
1 answer:
Finger [1]3 years ago
4 0
I think 10,800.000 hope this helps
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Credenza Industries is expected to pay a dividend of $1.70 at the end of the coming year. It is expected to sell for $62 at the
Brrunno [24]

$3.56 is the capital gain

<u>Explanation:</u>

<u>Credenze industries </u>

The Dividend = 1.70 , Cost of capital = 9% , Selling price =62 , calculation of Expected capital gain =?

<u>In order to calculate the Present market price (PM) , </u>

Let the PM (Present market value) = x

The Cost of equity = the change in market price + dividend

9 \% \text { of } x=(62-x)+1.70

=> X = $ 58.44 .

Therefore, the Capital Gain that has been gained is = $ 3.56

6 0
3 years ago
An accounting manager's duties include which of the following?
CaHeK987 [17]

Answer:

In my view the most suitable answer is B. Making decisions that set the direction of the company's strategies for finacial performance.

Explanation:

The roles and the responsibilities of Accounting managers are expanding rapidly in this new digital age. However, the planning and the strategic decision making part is the most demanding roles that are expected from the accounting managers in today's world.

5 0
3 years ago
ChimneySweep provides cleaning services for residential chimneys and fireplaces. The cleaning service requires $20 in variable c
Elis [28]

Answer:

$498.75

Explanation:

The computation of the average cost per cleaning service call is given below:

= (Fixed costs of labor, the company’s truck, and administrative support + number of service calls per months × total number of months in a year × variable cost per cleaning material) ÷ (number of service calls per months × total number of months in a year)

= ($459,600 + 80 × 12 × $20) ÷ (80 × 12)

= ($459,600 + $19,200) ÷ ($960)

= $498.75

6 0
2 years ago
A company that produces running shoes specifically for customers with low arches, utilizes a market-orientation approach and lik
masya89 [10]

Answer: The correct answer is "c. employs customer relationship management strategies.".

Explanation: Customer relationship management strategies involve a management model of the entire organization, based on customer satisfaction (or market orientation according to other authors). It is an approach to manage the interaction of a company with its current and potential customers.

4 0
3 years ago
How does the economic boom affect a business or your business?
shepuryov [24]

Answer:

The answer is easy and simple to understand.

First of all, it ill be generally good for your business, price levels of materials required and services will remain at a reasonable level so you can afford them.

Moreover, the cost of financing will be bearable and low. Since the interest rates are low, more money can be borrowed to expand your business venture.

Economic book means more employment opportunities, and as the supply of labor increases. the cost or the wage rate can remain at a reasonable and fair level for both the employers and employees.

The currency exchange rates will be stable and will not deviate heavily during the economic boom period, making importing and importing fairly easy for your business.

However, since the economy is rigorous and healthy, more entrepreneurs will enter the market and the competition will  be sever.

Moreover, foreign investors and businesses with new technologies, products and practices may enter your market, making it a bit difficult for you.

Explanation:

4 0
3 years ago
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