Answer:
Results are below.
Explanation:
Giving the following information:
Purchase price= $150,000
Useful life= 10 years
Salvage value= $18,000
<u>To calculate the depreciation expense under the double-declining balance, we need to use the following formula:</u>
Annual depreciation= 2*[(book value)/estimated life (years)]
2021:
Annual depreciation= 2*[(150,000 - 18,000) / 10]
Annual depreciation= $26,400
2022:
Annual depreciation= 2*[(132,000 - 26,400) / 10*
Annual depreciation= $21,120
<h2><u>
Answer:</u></h2>
<em>Research </em>objectives<em> are specific, measurable goals the decision maker seeks to achieve in conducting the marketing research.</em>
<h2><u>
Explanation:</u></h2>
<em>Marketing research serves marketing management by providing information which is relevant to decision-making. Marketing research does not itself make the decisions, nor does it guarantee success. Rather, marketing research helps to reduce the uncertainty surrounding the decisions to be made.</em>
B. Gross pay is more than net pay
Gross pay is the amount of money earned before taxes and other payments are deducted
Net pay is the amount one receives after deductions and taxes have been calculated.
