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Allisa [31]
4 years ago
12

The accounting rate of return requires the use of the accrual basis of accounting and​ therefore, the annual depreciation must b

e caluclated. How do you calculate the annual​ depreciation?
Business
1 answer:
PtichkaEL [24]4 years ago
4 0

Answer:

Annual depreciation is calculated by dividing the cost of an asset over its useful life.

Explanation:

For example, if a company is looking to invest in new machinery which costs USD 300,000 and the machinery is expected to have a useful life of 10 years with no scap/salvage value, then the annual depreciation would be computed as:

USD 300,000/10 = USD 30,000 depreciation expense per year.

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In texas, the dual budgeting system consists of separate budgets from which two groups?
Ilya [14]

In Texas, the dual budgeting system consists of separate budgets from The legislative and executive branches. This is further explained below.

<h3>What is a dual budgeting system?</h3>

Generally, Both the legislative and executive arms of government in Texas are responsible for creating their own budgets under the state's dual budgeting system.

In conclusion, Therefore, the dual budget process offers a division of tasks that often has more to do with historical structures, political goals, prospective funding sources, and institutional capabilities than with the actual nature and purpose, including accurate description, of the expenditures themselves.

Read more about the dual budgeting system

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8 0
2 years ago
A software vendor pitches a new sales force automation software product to your​ company's vp of sales and marketing. before pur
Tanya [424]

Before purchasing the said product, it is only essential for the person to consider the components of the IS which are five before having to buy the product as this will ensure whether the product has passed and could be of benefit towards to people who are going to buy it and if it is function-able.

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7 0
3 years ago
What is the source of most cut flowers sold in the United States
REY [17]
Today, Colombia is the dominant producer of U.S. cut flowers, with roses, carnations, spray chrysanthemums and Alstroemeria among its top crops
7 0
4 years ago
Which of the following are examples of hidden unemployment? Select the two correct answers below. Select all that apply: John is
mihalych1998 [28]

Answer:  

  • Lisa cannot find the job she wants so she has stopped looking.
  • Penny has a college degree in nursing, but currently has to work as a store clerk as it is the only available job in her small town.

Explanation:

Hidden Unemployment also known as Disguised Unemployment in simple terms refers to the following people; people who are not working and have given up on looking for work because they could not find any, people who have the skillset and determination to work full-time working only part time and people who are underemployed meaning that they are working a job that they are overqualified for.

Hidden Unemployment is considered hidden as it is not reflected in employment statistics.

Lisa could not find a job so she stopped looking. This is Hidden Unemployment and official figures will not even count her as unemployed because you need to be actively looking for work to be classified unemployed.

Penny is overqualified for the store clerk position she holds or rather she is qualified for a different profession. Employment statistics will however show her as employed.

6 0
3 years ago
M has four liens, which were recorded in the following order: $150,000 on the mortgage, $2,000 to a general contractor for a new
AnnyKZ [126]

Answer:

First the bank will collect its $150,000 and then the county will collect $2,500 in unpaid property taxes.

Explanation:

Generally, liens get in line depending on the time that they were recorded (contractor then credit card) but property taxes have superiority over other liens even f they were recorded before. After the foreclosure, the liens cease to exist, but not the debt. The property will still owe $500 in taxes and the previous owner will still owe $3,000 to the contractor and $12,000 in credit card debt.

4 0
4 years ago
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