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Basile [38]
3 years ago
6

On January 1, 2016, Woodstock, Inc. purchased a machine costing $40,000. Woodstock also paid $1,000 for transportation and insta

llation. The expected useful life of the machine is 6 years and the residual value is $5,000.How much is the annual depreciation expense assuming use of the straight-line depreciation method?A. $6,100.B. $6,000.C. $5,950.D. $5,750.
Business
1 answer:
VikaD [51]3 years ago
8 0

Answer:

B. $6,000

Explanation:

The computation of the annual depreciation expense under the straight-line method is shown below:

= (Original cost - residual value) ÷ (useful life)  

= ($41,000 - $5,000) ÷ (6 years)  

= ($36,000) ÷ (6 years)  

= $6,000

The original cost is computed below:

= Purchase value + transportation and installation cost

= $40,000 + $1,000

= $41,000

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1. A company's core capability is defined as the strategic advantages or the principal strengths of that company, including the combination of technical skills and pooled knowledge which allow the company to be competitive in the market place. The core capacities of a company allow it to do better in the market place than its competitors.

2.The core capabilities of Google, Walmart and Amazon include: excellent work culture, buying power, supply chain management, excellent use of information technology to support business, logistical superiority and international growth.

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3 years ago
A stock’s dividend is expected to grow at a constant rate of 5 percent a year. Which of the following statements is most correct
vova2212 [387]

Answer:

Option C      

Explanation:

the correct answer is Option C                                                                    

when the stock's dividend is expected to grow at a constant rate of 5 percent per year then the price of the stock expected to be higher by 5% over the span of one year.

hence, the only option which is correct is option C in which the expected growth is expected to be 5 % after one year.

6 0
3 years ago
Active Feet, a small manufacturer of shoes, hired an additional vice-president and purchased a barrel of synthetic rubber used t
mezya [45]

Answer:

B) overhead cost/cost of goods sold

Explanation:

Overhead costs: all expenses not directly attributed to the production of a good or service (e.g. insurance, legal fees, administrative expenses, etc.)

Costs of goods sold: all costs directly attributed to the production of a good or service (e.g. direct labor, direct materials)

8 0
3 years ago
Will mark brainliest please help!!!
tino4ka555 [31]

Answer:Dressing in the proper apparel for an interview indicates that you are critical approximately the job, respectful of the interviewer's time, and are actually interested by the position. It additionally demonstrates an knowledge of the company culture, and showcases you as a person who might suit without difficulty into the place of business dynamic.

Explanation:

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2 years ago
A company has net working capital of $2,204, current assets of $6,475, equity of $22,215, and long-term debt of $10,535. What is
kherson [118]

Answer:

Net fixed assets is $30546.

Explanation:

Given the net working capital = $2204

The current assets of the company = $6475

The equity of the company = $22215

Long term debt of the company = $10535

Net Working Capital = Current Assets – Current Liabilities

2204 = 6475 – current liabilities

Current liabilities  = 6475 – 2204 = 4271

Total assets = Current Liabilities + Long term Debt + Total Equity

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Total Liabilities and Stockholders Equity = Total Assets

Total assets = $37021

Total Assets = Current Assets + Net Fixed Assets

37021 = 6475 + net fixed assets

Net fixed assets = 37021 – 6475 = $30546

4 0
3 years ago
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