5. Describe an ethical dilemma related to pricing or advertising. (1 point)

On January 1, 2018, the Allegheny Corporation purchased machinery for $115,000. The estimated service life of the machinery is 1

stiv31 [10]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Machine costs= $115,000.

The estimated service life of the machinery is 10 years.

The estimated residual value is $5,000.

The machine is expected to produce 220,000 units during its life.

1) straight line depreciation= (Machine purchase price - residual value)/ use life

straight line depreciation= (115000 - 5000)/10= 11000

2018= 11000

2019= 11000

2) sum of the years' method= (remaining useful life of the asset/sum of the years' digits)* depreciable cost

2018= 10/(10+9+8+7+6+5+4+3+2+1)*(115000-5000)= 110000/55=(10/55)*110000= 20000

2019= (9/55)*110000= 18000

3) Double declining balance method= 2* [(Asset cost - residual value)/useful life of the asset]

2018= (1100000/10)*2= 22000

2019= (110000-22000/10)*2= 17600

4) One hundred fifty percent declining balance= [(purchase value-salvage value)/use years]*1.5

2018= (110000/10)*1.5= 16500

2019= [(110000-16500)/10]*1.5= $14025

8 0

2 years ago

How much money does a therapyst make an hour/ and how much would they make in a year

enot [183]

An hour = the average hourly pay for a Therapist in the United States is $28.33 an hour. While ZipRecruiter is seeing hourly wages as high as $52.40 and as low as $12.74, the majority of Therapist wages currently range between $20.91 (25th percentile) to $31.01 (75th percentile) across the United States.

a year = the median annual salary for clinical, counseling, and school psychologists was $85,340 per year, according to the Bureau of Labor Statistics. The lowest 10 percent of workers earned less than $44,040, and the highest 10 percent earned more than $129,310.

3 0

2 years ago

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Culture goes deeper than observable behavior. It is a society's shared and socially transmitted ideas, values, and perceptions t

Vikentia [17]

I’m gonna say this one is true.

5 0

3 years ago

You have just applied for a 30year 100000 mortgage at a rate of 10%.what must be annual payment be?

Fittoniya [83]

Answer:

The correct answer is "$10,607.92".

Explanation:

Given:

Amount borrowed,

P = 100000

Interest rate,

r = 10%

or,

= 0.1

Time,

= 30 years

Now,

The annual payment will be:

⇒ $A=P\times \frac{r(1+r)^n}{(1+r)^n-1}$

$=100000\times \frac{0.1(1+0.1)^{30}}{(1+0.1)^{30}-1}$

$=10,607.92$ ($)

7 0

2 years ago

Bill and Brenda bought their home for $150,000. They made $50,000 of improvements. They sold the home for $450,000 and paid $30,

adell [148]

Answer:

Explanation:

Capital gains tax is a tax that is levied on the profit made from the sale of a non-inventory asset. The most common sources of capital gains are through the sale of bonds, precious metals, stocks, property, and real estate.

The IRS typically allows an exclusion of up to: $250,000 of capital gains on real estate for a single person and $500,000 of capital gains on real estate for a married couple who are filing jointly.

To find the amount on which they pay capital gains:

The adjusted basis is $200,000 which is:

Initial cost of buying the house for $150,000, plus cost of improvements $50,000.

The sales price of $450,000 minus the selling expenses which cost $30,000.

The amount realized is therefore:

$450,000 - $30,000 = $420,000.

Note: They will receive an exclusion of $500,000 because they are filing jointly. So Bill and Brenda will not pay any capital gains tax.

6 0

2 years ago

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