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stiv31 [10]
3 years ago
10

Schager Company purchased a computer system at a cost of $60,000 on 1/1/2019. The estimated useful life is 8 years, and the esti

mated residual value is $5,000. Assuming the company will use the double-declining-balance method, what is the depreciation expense for the second year (2020)
Business
1 answer:
MaRussiya [10]3 years ago
3 0

Answer:

$11,250

Explanation:

The computation of depreciation expense for the second year is given below:-

Double declining rate = 1 ÷ 8 × 2

= 25%

Here, for computing the depreciation for 2nd year we need to first calculate the 1st year of depreciation.

Depreciation for the 1st year = Purchase cost × Double declining rate

= $60,000 × 25%

= $15,000

Depreciation for the 2nd year = (Purchase cost - Depreciation for the 1st year) × Double declining rate

= ($60,000 - $15,000) × 25%

= $45,000 × 25%

= $11,250

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Answer:

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Explanation:

Staff function -

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The staff function refers to all the function that are not line functions .

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Hence , from the given scenario of the question ,

The correct answer is staff function .

7 0
3 years ago
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Wittaler [7]

Answer:

yes ,i think that answer

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sammy [17]

Answer:

equity:

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Explanation:

Equity deals with distribution i.e to ensure things are equally distributed

While

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3 0
4 years ago
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disa [49]

Answer:

Industrial spy; tool.

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In this scenario, Boris works for Nefarious Corp and his job is to steal genetic engineering trade secrets from the Gentle Lamb Company. Boris does this by dating employees of Gentle Lamb Company and stealing their access information (e.g., logon and password).

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Effectus [21]

Answer:

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