1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nexus9112 [7]
3 years ago
8

Maertge airlines purchases an aircraft for $84,000,000 on january 1, 2016. the residual value of the aircraft is estimated at $7

,500,000, and its useful life is estimated at 25 years. applying the double-declining-balance method of depreciation, the depreciation expense recognized for the year ended december 31, 2018 will be __________.​
Business
1 answer:
Olenka [21]3 years ago
3 0
The working equation for double declining method is:

Depreciation = (Cost - Accumulated Depreciation)×2/Useful life

So, the solution would be:

Year 2016
Depreciation = ($84,000,000  - 0)×2/25 = $6,720,000
Year 2017
Depreciation = ($84,000,000  - $6,720,000)×2/25 = $6,182,400
Year 2018
Depreciation = ($84,000,000  - $6,182,400)×2/25 = $6,225,408
You might be interested in
You are given the following data concerning​ Freedonia, a legendary​ country: Consumption​ Function: C​ = ​+ Y ​Investment: I​ =
Grace [21]

Answer and Explanation:

Given that

Consumption function C = 200 + 0.9Y

Investment I = 300

Aggregate expenditure  AE = C + I

Equilibrium AE = Y

Based on the above information

a. The level of equibrium income is

Y = AE = C + I

Y = 200 + 0.9Y + 300

0.1Y = 500

Y = 5000

b. The value of the investment multiplier is

= 1 ÷ (1 - MPC)

= 1 ÷ (1 - 0.9)

= 10

c. The change in the level of equilibrium income if investment increases by 10 is

Y = 200 + 0.9Y + 310

0.1Y = 510

Y = 5100

Change is

= 5,100 - 5,000

= 100

6 0
3 years ago
Brenda, the sales manager of a firm, wants to generate a particular report containing sales analyses of the second and third qua
choli [55]
Query is the correct answer to the question
6 0
3 years ago
The final topic of the video is about leadership and structure. The speakers promote distributed centers which are similar to th
Alina [70]

Answer:

Correct option is 5.

<u>Developing new competencies</u>

Explanation:

With respect to the worldwide endeavors, the dispersed focuses, as referenced in the inquiry just as the prerequisite of building the gentler aptitudes as far as the administration and social perspectives, make the upside of worldwide extension best spoke to by the case of growing new abilities that are specific to such host nations. Rest of the alternatives become second rate hence when contrasted with creating of new capabilities to get by in the host nations.

4 0
4 years ago
Assume PRC Corp., an equipment distributor, sells a piece of machinery with a list price of $600,000 to ACH Inc. ACH will pay $6
katen-ka-za [31]

Answer:

b. $600,000

Explanation:

The company has to record as revenue the product at the list price, then if exist a special discount on the price list, it must be record as discount applied to products in the Income Statement, separate of Revenue or Gross Sales.

The price that the company ACH pay by the product ($650,000) it's not at change on the price if not due to the payments term which is one year later, so the company ACH has to pay a financial cost because the payment will be made one year later.

6 0
3 years ago
analyze how a person's ethics or values might affect his performance on the job. Can someone help me or give me a few example?
Vilka [71]
The data shows that: 78% of White people were employed in 2019, compared with 66% of people from all other ethnic groups combined. the difference in the employment rates for White people and those from all other ethnic groups combined went down from 16pp in 2004 to 11pp in 2019.
6 0
3 years ago
Other questions:
  • When lisa and loretta santiago ran away from home a second time, frank haines made temporary arrangements for them to receive ca
    11·1 answer
  • A compound document contains _______ from different applications.
    10·2 answers
  • J.C. Penney of Boston sold office equipment for $12,000 to Lee's of San Diego. Terms of the sale are 3/10, n/30 FOB Boston. J.C.
    7·1 answer
  • when investors doubt the creditworthiness of a borrower, what should happen to the price and yield of a bond
    7·1 answer
  • Currency markets operate under a system called _____. This means that prices of currencies vary based upon demand and supply of
    14·1 answer
  • Dee's credit card has an APR of 17%, calculated on the previous monthly
    5·1 answer
  • London Docks Café is a company that prepares meals for tourists and citizens in its kitchen located next to the local airport. T
    7·1 answer
  • Every month, Olivia receives a bill in the mail from her mortgage company. By the first of each month, she must send back her pa
    8·1 answer
  • Justin is a new manager with 27 direct reports. He has been feeling overwhelmed at work and just learned that the last three man
    11·1 answer
  • comparing vendor invoices to inventory prices, obtaining lower of cost or market data and recalculating deprecation schedules re
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!