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
Darina [25.2K]
3 years ago
12

Archie Co. purchased a framing machine for $45,000 on January 1, 2021. The machine is expected to have a four-year life, with a

residual value of $5,000 at the end of four years.
Using the sum-of-the years'-digits method, depreciation for 2022 and book value at December 31, 2022, would be:
a) $13,500 and $13,500 respectively.
b) $13,500 and $8,500 respectively.
c) $12,000 and $17,000 respectively.
d) $12,000 and $12,000 respectively.
Business
1 answer:
GalinKa [24]3 years ago
8 0

Answer:

$12,000 and $33,000

Explanation:

For computing the depreciation for year 2022 and the book value of the same year first we have to find out the depreciation expense for year 2021 and after that the book value which is shown below:

Depreciation expense for 2021 is

= ($45,000 - $5,000) × 4 ÷ 10

= $16,000

Now the Book value as on 1 January, 2022 is  

= $45,000 - $16,000

= $29,000

And,

Depreciation expense for 2022 is

= ($45,000 - $5,000) × 3 ÷ 10

= $12,000

Book value as on December 31, 2022  is

= $45,000 - $12,000

= $33,000

This is the answer but the same is not provided in the given options

And, the 10 is come from

= 4 + 3 + 2 + 1

= 10

You might be interested in
Austin's total fixed cost at the bakery is $3,600 a month. Austin employs 20 workers and pays each worker $8 an hour. The margin
USPshnik [31]

Answer:

$0.66

Explanation:

Marginal cost is the cost of producing one extra unit of a product.

if each worker is paid $8, then the marginal cost of producing the last cupcake = $8 / 12 = $0.66

4 0
3 years ago
​CraftCo, Inc.'s projected sales for the first six months of 2012 are given​ below: Jan. ​$500,000 April ​$490,000 Feb. ​$740,00
Levart [38]

Answer:

$460,000

Explanation:

Given that,

Sales:

Jan. = ​$500,000

April = ​$490,000

Feb. = ​$740,000

May = ​$740,000

Mar. = ​$380,000

June = ​$610,000

Total cash receipts for April 2012:

= Cash receipts from February Sales + Cash receipts from March Sales + Cash receipts from April Sales

= (740,000 × 10%) + (380,000 × 50%) + (490,000 × 40%)

= $74,000 + $190,000 + $196,000

= $460,000

6 0
4 years ago
Samantha is an entrepreneur and her company website has the following links: Home, About Us, Careers, Contact Us. She wishes to
Naddik [55]

Option B

​:hover the pseudo-class that should be used to perform this function.

<h3><u>Explanation:</u></h3>

A CSS pseudo-class is a keyword attached to a selector that designates a specific state of the chosen element(s). The :hover pseudo-class is applied to style an element when the user’s pointer is over it. It mustn’t be limited to links, although that is the usual fair use case.

a:hover must appear after a:link and a:visited in the CSS definition to be powerful. It should resemble third in order (subsequent the :visited pseudo-class). Pseudo-class names are not case-sensitive. The syntax is

a:hover {

   color: blue;

}

8 0
3 years ago
As the field of OSCM has advanced, new concepts have been applied to help companies compete in a number of ways, including the a
Lilit [14]

Explanation:

Sustainability can be implemented in different ways in an organization, it can be a set of procedures and policies, through environmental management, environmental management systems, etc.

In the case of products and services, it is very common for the end consumer to realize that a company adopts sustainability through environmental certifications, which is generally represented in the form of a seal on the product packaging.

Environmental certifications are a way for the company to demonstrate its sustainability values ​​to its stakeholders, which strengthens the brand, creates value and reliability in the organization's products and services.

5 0
3 years ago
Which of the following statements is correct? ACars typically lose the most value in the first year after purchase. BHouses will
VashaNatasha [74]

I believe the answer is: A. Cars typically lose the most value in the first year after purchase

As the miles usage in cars increase, the quality of the machine tend to deteriorate, which would lead to the decrease in the cars' value. On top of that, the new model that given by car companies tend to possess better technology/design. On average, cars tend to lose 15 - 25 % in value during the first year.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Which sentences in the passage demonstrate the fulfillment of the legal responsibilities of a financial exchange?
    5·1 answer
  • A corporation issues for cash $1,000,000 of 10%, 20-year bonds, interest payable annually, at a time when the market rate of int
    5·1 answer
  • When an incident occurs and relevant agencies or departments are dispatched to the scene, the lead agency assumes Incident Comma
    8·2 answers
  • Successfulness of the competition policy in South Africa​
    11·1 answer
  • RSTN Co. produces its product through two sequential processing departments. Direct materials and conversion are added to the pr
    9·1 answer
  • Help! Will give brainliest;)
    8·2 answers
  • You have Birr 1,500 to invest today at 7% interest compounded annually.Find how much you will have accumulated in the account at
    9·1 answer
  • If people expect future earnings of Galt Corporation to be high relative to current earnings, then a. the P/E ratio of its stock
    8·1 answer
  • For the following transaction, determine whether cash flows from operating activities will increase, decrease, or remain the sam
    10·1 answer
  • Use the production possibility schedule to complete
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!