Answer:
See below and images.
Explanation:
For part 1 refer to the images attached of each depreciation method.
The double declining method uses the rate of straight line method and doubles it. Rate = 1 / Useful life
For part 2)
As the company wants maximum revenue recording in early years, it shall use the straight line depreciation method as in the first years, this yields the least depreciation when compared to other methods. Year 1 depreciation for each method are as follows,
Straight line = 19,800
Double declining = 43,600
Units of mileage method = 20,800
So the method that meets company's objectives is the straight-line method.
True bc mainly restaurants serve minimum wage. if your major is a dentist or something then you'll get so much more (:
Answer:
C. the broad study of how to allocate limited resources to satisfy unlimited wants
Explanation:
Lionel Robbins defines economics as the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses."
Economics studies the economy as a whole. This indicates that economics is broad.
The needs of man are unlimited but the resources to satisfy this needs are scarce and limited.
I hope my answer helps you
Answer:
Yes, C is right! "increased sales for domestic producers"
Explanation:
I just took the test today 4/30/20 good luck!