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
mash [69]
2 years ago
11

Double-declining balance On January 1, 2021, the Excel Delivery Company purchased a delivery van for $51,000. At the end of its

five-year service life, it is estimated that the van will be worth $4,800. During the five-year period, the company expects to drive the van 154,000 miles. Required: Calculate annual depreciation for the five-year life of the van using each of the following methods.
Business
1 answer:
agasfer [191]2 years ago
3 0

Answer:

$18,480

Explanation:

Cost of van = $51,000

Useful life = 5 years

Salvage value = $4,800

Using the straight line, Annual depreciation

= (51000 - 4800)/5

= $9,240

Using the Double-declining balance method,

Annual depreciation = 2 × 9,240

                                  = $18,480

You might be interested in
Long-term capacity plans deal with: a) investments in new facilities. b) workforce size. c) inventories. d) overtime budgets.
kaheart [24]

Answer:

The correct answer is a) investments in new facilities.

Explanation:

Business investment is the main way to obtain benefits in the short, long or medium term. For this, it is necessary to invest a certain capital in business or activities that allow the investor to increase it over time.

In the case of financial investment, capital is used to acquire securities, securities and other financial documents through which to obtain a benefit through the interest earned on them.

3 0
3 years ago
About 35 percent of online consumers are interested in customizing product features or in purchasing build-to-order products tha
yaroslaw [1]

Answer: (D) Form Utility

Explanation:

  The form utility is one of the type of concept that helps in increasing the actual value of the products in the market and in the form utility following example are the type of finished product that the customers are willing to purchase are as follows:

  • Electronics products
  • Furniture type goods
  • Parts of vehicle

According to the given question, the given situation is helps in demonstrating that the electronic commerce plays an important contribution to the consumers value by the creating of the form utility.

 Therefore, Option (D) is correct answer.        

5 0
3 years ago
Orion would like to go on a trip to Ireland in two years. He wants to have $3,000 for the trip, so he is planning to invest mone
denis-greek [22]

Answer:

The answer is: If Orion wants to have $3,000 in two years, he must invest $2,572.02 today

Explanation:

To determine how much money Orion has to invest today in order to have $3,000 in two years, considering he will get an 8% compound interest rate, we can use this formula:

P = FV / (1 + r)²    

Where:

  • FV = $3,000
  • r = 8%

P = $3,000 / (1 + 8%)²

P = $3,000 / 1.1664

P = $2,572.02

4 0
3 years ago
Activities in the business modeling discipline and the ____ discipline are primarily concerned with building models of the organ
Oxana [17]

Answer:

The correct answer is Requirements.

Explanation:

The purpose of the requirements discipline is:  

Establish and maintain an agreement with customers and other stakeholders about what the system should do.

Provide system developers with a good understanding of system requirements. Define the limits of the system (delimit it).

Provide a basis for planning the technical content of the iterations.

Provide a basis for estimating the cost and time to develop the system.

Define a user interface for the system, focusing on the needs and goals of the users.

To achieve these objectives, it is important, first of all, to understand the definition and scope of the problem that the system is trying to solve. Stakeholders are identified and stakeholder requests are obtained, gathered and analyzed.

From there, the work products of the requirements are developed to fully describe the system (what the system is going to do) in an effort that perceives all stakeholders, including customers and potential users, as important sources of information ( in addition to the system requirements).

3 0
3 years ago
The amount of a good that must be given up to produce another good is the concept of:
Vesna [10]
E.) Opportunity cost is the cost associated with giving up one opportunity for the benefit earned by another.
3 0
3 years ago
Other questions:
  • Free contract is the _____.rivalry among sellers to attract customers while lowering costs concept that people may decide what a
    11·2 answers
  • Fortune Company's direct materials budget shows the following cost of materials to be purchased for the coming three months: Jan
    6·1 answer
  • Wormwood, Ltd., produces a variety of furniture products. The planning committee wants to prepare an aggregate plan for the next
    14·1 answer
  • Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
    14·1 answer
  • On January 1, 2021, the Allegheny Corporation purchased equipment for $115,000. The estimated service life of the equipment is 1
    7·1 answer
  • A manufacturing department completed and transferred to finished goods a total of 50,000 units. They also had 2,500 units in end
    5·1 answer
  • Which e-commerce business model used in procurement and sourcing has a seller-operated service that consists of a number of elec
    8·1 answer
  • What role does a project manager in an e-learning program play? bringing content to life and making it accessible tracking progr
    5·1 answer
  • You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 10 percent, -10 percent, 17 per
    6·1 answer
  • Prestige LLC, a small company that manufactures specialty cereals and energy bars, wants to launch a "green marketing" program i
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!