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3 years ago

Companies can depreciate equipment in which of the following ways?

Business

2 answers:

finlep [7]3 years ago

7 0

Answer: asset cost, salvage value, useful life, and obsolescence.

Explanation: Any method may be adopted by companies

grigory [225]3 years ago

4 0

Answer:

Depreciation is the method of accounting used to allocate the cost of a tangible asset over its useful life and is used to account for declines in value is called depreciation. A long-term asset is depreciated for tax and accounting purposes. Depreciation is an accounting method of allocating the cost of a tangible or physical asset over its useful life or life expectancy. Depreciation represents how much of an asset's value has been used up.

Depreciation can me measured in the following ways: Straight line method, Diminishing method, Sum of the year digit method, and others

Explanation:

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The Securities and Exchange Commission: Select one: A. examines the prospectus during the Green Shoe period. B. reviews registra

Anna71 [15]

Answer:

<em>B. reviews registration statements to ensure they comply with current laws and regulations.</em>

Explanation:

The Securities and Exchange Commission (SEC) is an independent federal agency which focuses on three main missions:

Secure investors;
Maintain reasonable, deliberate, and productive markets;
Encourage capital arrangement.

They help investors form reasonable decisions.

5 0

3 years ago

g The Berwin Company established a master budget volume of 35,000 units for April. Actual overhead costs incurred amounted to $9

Naya [18.7K]

The actual overhead incurred = $98,500

The overhead applied = 34000 * 1 ( $1.75 + $1.50) = 34000*1*3.25 = $110,500

The budgeted overhead = 34000*1*$1.75 + (35000*1*1.50) = (34000*1*$1.75)+52500 = $112,000

A) The total manufacturing overhead cost variance = Overhead applied - Actual overhead = $110,500 - $98,500 = $12,000 F

3 0

4 years ago

In 2019, Amanda and Jaxon Stuart have a daughter who is 1 year old. The Stuarts are full-time students and they are both 23 year

sergeinik [125]

Answer:

a. Their AGI is $15,000, consisting of $5,000 of capital gains and $10,000 of wages.

$0, SINCE INVESTMENT INCOME EXCEEDS $3,600

b. Their AGI is $15,000, consisting of $10,000 of lottery winnings (unearned income) and $5,000 of wages.

$3,526, SINCE TOTAL EARNED INCOME AND AGI ARE LESS THAN $46,884

c. Their AGI is $25,000, consisting of $20,000 of wages and $5,000 of lottery winnings (unearned income).

$3,526, SINCE TOTAL EARNED INCOME AND AGI ARE LESS THAN $46,884

d. Their AGI is $25,000, consisting of $5,000 of wages and $20,000 of lottery winnings (unearned income).

$3,526, SINCE TOTAL EARNED INCOME AND AGI ARE LESS THAN $46,884

e. Their AGI is $10,000, consisting of $10,000 of lottery winnings (unearned income).

$0, SINCE NO EARNED INCOME IS INCLUDED

3 0

3 years ago

Jessica’s Office Supply, Inc., had 300 calculators on hand at January 1, 2017, costing $16 each. Purchases and sales of calculat

otez555 [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Jessica’s Office Supply, Inc., had 300 calculators on hand on January 1, 2017, costing $16 each.

Purchases and sales of calculators during January were as follows:

January 12: 200 units for $25

J 14: 150 for $17

J 29: 100 for $18

J 30: 150 for $30

According to a physical count, 200 calculators were on hand on January 31, 2017.

FIFO:

Inventory= 150*30 + 50*18= $5,400

COGS= 300*16 + 200*25 + 150*17 + 50*18= $13,250

LIFO:

Inventory= 200*16= $3,200

COGS= 150*30 + 100*18 + 150*17 + 200*25 + 100*16= 15,450

Average cost method:

Average cost= (16 + 25 + 17 + 18 + 30)/5= 21.2

Inventory= 21.2*200= $4,240

COGS= 21.2* 700= $14,840

8 0

3 years ago

A(n) -Select- is a long-term contract under which a borrower agrees to make payments of interest and principal on specific dates

Hoochie [10]

Answer:

Bond; treasury; degree of risk.

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.

A bond is a long-term contract under which a borrower agrees to make payments of interest and principal on specific dates. There are four main types reflecting who the issuers are: treasury, corporate, state and local government, and foreign. Each type differs with respect to degree of risk and expected return. All have some common characteristics even though they may have different contractual features.

4 0

3 years ago