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vlada-n [284]
3 years ago
7

On April 1, 2016, Cyclone's Backhoe Co. purchases a trencher for $284,000. The machine is expected to last five years and have a

salvage value of $42,000. Compute depreciation expense for both years ending December 2016 and 2017 assuming the company uses the double-declining-balance method.
Business
1 answer:
harkovskaia [24]3 years ago
3 0

Answer:198,800usd by the end of 2016

119,280usd by the end of 2017

Explanation: 2016 9 months depreciation percent 30%. Then 284,000*30%=85,200usd.

2017 12 months depreciation rate 40%. Then 198800*40%=79520.

198800-79520=119280

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Explanation:

US         1 ton of potatoes or 0.5 tons of wheat = 2

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8 0
3 years ago
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Inga [223]

Answer:

33.33%

Explanation:

Given:

Sales revenue = $360,000

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Net income = $53,000

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the gross profit = Sales revenue - Cost of goods sold

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the company's gross profit ratio = \frac{\textup{Gross Profit}}{\textup{Sales revenue}}

or

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8 0
3 years ago
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Internet advertising tools such as, social media, display ad and video ads helps the task of reaching ones target audience easier. This can enhance strong relationships with ones customers create a more interactive approach to advertising.

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4 years ago
Technically, a supply chain stretches from raw materials and parts all the way to customer delivery.
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Technically, a supply chain stretches from raw materials and parts all the way to customer delivery.

The statement is true.

Supply chain management (SCM) is the control of the glide of products and offerings among businesses and locations. this may encompass the motion and storage of uncooked substances, work-in-process stock, completed items, and quit to cease order fulfillment from the point of beginning to the point of intake.

Interconnected, interrelated, or interlinked networks, channels, and node corporations integrate inside the provision of products and services required via quit clients in a supply chain.

Supply-chain control has been described because of the "layout, planning, execution, control, and tracking of deliver chain activities with the goal of creating internet fees, building a competitive infrastructure, leveraging global logistics, synchronizing deliver with a call for and measuring overall performance globally".

<em>Your question is incomplete. Please read below to find the missing content.</em>

Technically, a supply chain stretches from raw materials and parts all the way to customer delivery.​

a. True

b. False

Learn more about Supply chain management here: brainly.com/question/25160870

#SPJ4

5 0
1 year ago
Money, Inc., has no debt outstanding and a total market value of $240,000. Earnings before interest and taxes, EBIT, are project
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Answer:

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Explanation:

7 0
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