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bazaltina [42]
3 years ago
7

Mellow Co. depreciates a $12,000 asset over five years, using the straight-line method with no salvage value. At the beginning o

f the fifth year, it is determined that the asset will last another four years. What amount should Mellow report as depreciation expense for year five?
Business
1 answer:
vaieri [72.5K]3 years ago
6 0

Answer:

$600

Explanation:

Using the straight-line depreciation method:

Cost amount $12,000:

useful life five years

depreciation per year: =$ 12000/ 5

       =$ 2,400.00

Book value at the beginning of year five:

=cost price minus four years of depreciation

=$12,000-($2400 x 4)= $ 12,000- $ 9,600

=$2, 400.00

Another four years of useful life:

Depreciation = Book value /4

   =$2400/4

   = $600

   

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strojnjashka [21]

Answer:

NPV= 5,493.79

Explanation:

<u>To calculate the net present value (NPV), we need to use the following formula:</u>

NPV= -Io + ∑[Cf/(1+i)^n]

Cf1= 18,708 / 1.09= 17,163.30

Cf2= 21,200 / 1.09^2= 17,843.62

Cf3= 17,800 / 1.09^3= 13,744.87

∑[Cf/(1+i)^n]= $48,751.79

NPV= -43,258 + 48,751.79

NPV= $5,493.79

4 0
3 years ago
Pippin Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing o
Ede4ka [16]

Answer:

920 (Unfavorable)

Explanation:

Labor rate variance = Actual direct labor hours (Actual direct labor rate - Standard direct labor rate)

Labor rate variance = 2,300 * ($21.7 - $21.3)

Labor rate variance = 2,300 * 0.4

Labor rate variance = 920 (Unfavorable)

6 0
3 years ago
An important social trend is the continued concern for health and well-being in the United States. This is most likely evidenced
yulyashka [42]

An important social trend is the continued concern for health and well-being in the United States is most likely evidenced by the introduction of fitness trackers such as the Fitbit.

<h3>What is social trend?</h3>

It should be noted that social trend simply means

the movement of a particular trend or its growth.

In this case, an important social trend is the continued concern for health and well-being in the United States is most likely evidenced by the introduction of fitness trackers such as the Fitbit

Learn more about social trend on:

brainly.com/question/2926894

#SPJ1

7 0
2 years ago
Which of the following is a correct statement regarding the shipment of goods?
Nutka1998 [239]

Answer:

The answer is A) The shipping document must be in paper form.

Explanation:

When you are shipping goods (specially if you´re exporting or importing goods) you need a lot of paperwork done. The carrier, customs official, the banks involved, insurance companies, etc., all require several types of documents. The most important ones are:

  • Proforma invoice
  • Bill of Lading
  • Shipper´s Letter of Instructions (SLI)
  • Packing List
  • Commercial Invoice
  • Customs documents
  • Certificates of Origin
  • Dangerous Goods forms
  • Bank Draft

And all those documents need to be in paper form and some require several copies.

6 0
3 years ago
There is absolutely no good reason to not conduct market research.<br> True<br> False
e-lub [12.9K]

Answer:

false? i think

Explanation:

7 0
3 years ago
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