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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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A monopoly A. ​doesn't lose any sales when it raises its price. B. must have a patent to protect its products. C. produces the m
Ugo [173]

Answer:

A. ​doesn't lose any sales when it raises its price

Explanation:

  • As monopoly is ruled by one set of prices and they are price makers thus even f the prices rise the price will be set above the marginal cost to maximize the profits. Thus a monopoly does not lose its market share as it acts as a single dominating factor in the supply and trade of the goods and services. And it stipulates the financial dealing through a single seller.
6 0
3 years ago
In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of ________ will have a production possibil
Nat2105 [25]

Answer:

The answer to this question is  (c) Labour, Labour intensive

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of labour will have a production possibility frontier that is biased toward production of the labour intensive good

Explanation:

The Heckscher-Ohlin model is an economic theory that proposes that countries export what they can most efficiently and plentifully produce.  

The model emphasizes the export of goods requiring factors of production that a country has in abundance. It also emphasizes the import of goods that a nation cannot produce as efficiently. It takes the position that countries should ideally export materials and resources of which they have an excess, while proportionately importing those resources they need.

Therefore in regard to the question above,

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of labour will have a production possibility frontier that is biased toward production of the labour intensive good  

Hence the answer is the third option, Labour, Labour intensive

5 0
3 years ago
15pts-- multiple choice!
katrin2010 [14]
Answer: bonds
Explanation: will allow for a risk free option and to gain money from a little bit of time and money
(not 100% sure on answer but I believe it is bonds)
6 0
3 years ago
What is an agile MIS infrastructure?
jok3333 [9.3K]

Answer:

Explanation:

Based on my research Agile MIS infrastructure Includes the hardware, software, and telecommunications equipment that, when combined, provides the underlying foundation to support the organization’s goals. Like mentioned previously these all combine in order to form a system which gives the organization to the means of achieving the goals and vision set forth by the founding members of the organization.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Joe is hired by a real estate company to complete a roofing job on one of their projects. The job is very specialized, he is und
IceJOKER [234]

Options:

Yes, Joe is an agent who has that authority.

No, Joe is an employee, but the employee does not have that authority.It depends whether Joe signed a written contract for his employment.

Yes, Joe is an employee.

No, not unless he possesses authority from the principal because Joe is an independent contractor.

Answer:No, not unless he possesses authority from the principal because Joe is an independent contractor

Explanation: An independent contractor is a third party engaged by a principal to transact certain specific jobs or accomplish a certain task on his behalf. An independent contractor does not have any power or authority to represent his or her principal especially when he or she is not authorized to do that on behalf of the principal.

JOE DOESN'T HAVE THE POWER OR AUTHORITY TO ENTER INTO ANY CONTRACT OR AGREEMENT WITH ANOTHER ENTITY FOR HIS PRINCIPAL EXCEPT WHEN GIVEN THE AUTHORITY TO DO SO.

4 0
3 years ago
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