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Zepler [3.9K]
3 years ago
10

Which is bigger 100,000 or .000157

Business
2 answers:
Fudgin [204]3 years ago
7 0
100,000? because .000157 is a decimal, right?
Artemon [7]3 years ago
6 0
.000157 is bigger ♡♡
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Sorter Company purchased equipment for $330,000 on January 2, 2019. The equipment has an estimated service life of 8 years and a
Makovka662 [10]

Answer:

1. Depreciation expense for 2019(Straight-line)= (Cost of the assets - Salvage value) / life of the assets

= ($330000 - $33000)/8

= $37,125

2. Sum-of-the-years'-digits = 1+2+3+4+5+6+7+8 = 36

Depreciation Expense for 2019(Sum-of-the-years'-digits method)

= ($330000 - $33000)*8/36

= $66,000

3. Double-declining-balance depreciation rate = (100/8 years)*2 = 25%

Depreciation Expense for 2019 = 330000*25% = $82,500

5 0
3 years ago
Young Company is beginning operations and is considering three alternatives to allocate manufacturing overhead to individual uni
ycow [4]

Answer:

d. All ending inventory balances are zero.

Explanation:

Manufacturing overhead is an indirect cost which occurs when the production is done. Examples are Depreciation, Repairs and Maintenance etc.

All ending inventory balances are zero is the correct option because there is no opening balance and any change in net income is recorded in the balance sheet so, there will be no closing balance.

All production costs approach those costs that were budgeted, The sales mix does not vary from the mix that was budgeted and  All manufacturing overhead is a fixed cost are all incorrect.

8 0
2 years ago
I contract with you to buy your desk for $100. Is this an example of common law or UCC?
Airida [17]
Its an example of UCC
6 0
2 years ago
What do you mean by modern technology?
KonstantinChe [14]
Modern technology is simply an advancement of old technology, the impact of technology in modern life is unmeasurable, we use technology in different ways and sometimes the way we implement various technologies ends up harming our lives or the society we leave in.
3 0
3 years ago
A firm is evaluating a proposal which has an initial investment of $50,000 and has cash flows of $15,000 per year for five years
Harlamova29_29 [7]

Answer:

3 1/3 years

Explanation:

Payback period is the time required for the inflows from a project to be equal to the initial outflow for the project. It is a key consideration in capital budgeting. It is usually assumed that the outlay or initial outflow is made in year 0 and the first inflow comes in after a year.

Year       Cash outflow      Cash inflow           Balance

0                ($50,000)                   -                ($50,000)

1                         -                   $15,000           ($35,000)

2                        -                    $15,000          ($20,000)

3                        -                    $15,000           ($5,000)

4                      -                      $15,000           $10,000

5                       -                    $15,000            $25,000

Hence the payback period

= 3 years and 5000/15000 * 12 months

= 3 years 4 months

= 3 1/3 years

3 0
3 years ago
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