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
Mandarinka [93]
3 years ago
13

In the first year of an asset's life, which of the following methods has the smallest depreciation?

Business
1 answer:
Lubov Fominskaja [6]3 years ago
3 0

Answer:

d. Straight-line.

Explanation:

Depreciation: Depreciation is an expense indicating a reduction in the value of fixed assets due to tear and wear, obsolescence, usage, time period, etc. It is shown on the income statement debit line. It is a non-cash item not impacting the cash balance.

In the straight-line method, the depreciation expense would be lowest in this method and it remains the same for the remaining useful life

In the double-declining method, the depreciation rate is doubled and contain the highest value

In the sum of the year digit, we sum the useful life like 5 years so we sum 5+4+3+2+1 = 15 years and divide it to the useful life i.e 5

In the composite or group, the depreciation is taken for the group, not for the individual company

You might be interested in
VWhat is a commodity? A. Something that producers are unable to sell to consumers B. A resource that is available in unlimited q
sdas [7]
The definition of commodity is D. Some examples are gold, silver and copper.
4 0
3 years ago
Read 2 more answers
Standahl Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports.
avanturin [10]

Answer:

$335,428

Explanation:

The computation of the plane operating cost is shown below:

Plane Operating Cost = Fixed cost + (Variable cost per unit × quantity) + (Variable cost per unit × quantity)

= $41,490 + ( $2,839 × 101 flights) + ($23 × 313 passengers)

= $41,490 + $286,739 + $7,199

= $335,428

We only considered the planned activity as we have to compute the plane operating cost for the planning budget

8 0
3 years ago
Interest rates can be measured more accurately and quickly than reserve aggregates; hence an interest rate is preferred to the r
7nadin3 [17]

Answer:

False

Explanation:

This is false.

In reporting reserves aggregate there are lags interest rate such as the federal interest rate are quite easy to measure and easily observable. Such short term interest rate are nominal values and they do not measure the real cost of borrowing well. It does not show accurately what happens to Gross domestic product. Real interest rate equals nominal interest rate as a ratio of reduced inflation gives a representation of true cost of borrowing.

We cannot say with certainty that interests rate is a better policy instrument based on the ground of measurability.

7 0
3 years ago
In the context of the aio dimensions for measuring consumers' lifestyles, "a" stands for ________.
djyliett [7]
In the context of the aio dimensions for measuring consumers' lifestyles, "a" stands for <span><em>activities</em></span>
4 0
3 years ago
Melanie has a choice of driving or flying from Durham, North Carolina to Knoxville, Tennessee for a one-day business trip. If sh
Elis [28]

Answer:

Correct option is (b)

Explanation:

Time available for work if Melanie chooses to travel by air = 7 hours

Income per hour = $40

Total income earned if chooses to travel by air = 40 × 7 = $280

Time available for work if Melanie chooses to drive = 4 hours

Total income earned if chooses to drive = 40 × 4 = $160

Price differential = 280 - 160 = $120

As a rational decision maker, Melanie will choose to fly over drive only if her price differential is below $120. She will choose to drive if price differential is above $120.

4 0
2 years ago
Other questions:
  • Which of the following individuals are required to pay taxes to fund Social Security and Medicare?
    10·1 answer
  • Do you think that customers are impressed with the effort that Gap has made to respond to the need to have more worker friendly
    10·1 answer
  • You only hate what you can't be <br> a. true <br> b. false
    7·2 answers
  • Plough Company reported net income of $180,000 for the current year. Depreciation recorded on buildings and equipment amounted t
    15·1 answer
  • Paolo and Isadora Shaw are married, file a joint tax return, and have one dependent child, Dante. The Shaws report modified AGI
    6·1 answer
  • The concept of ""human resource management"" implies that employees in an organization cannot be considered as a resource and he
    14·2 answers
  • How has Apple been able to sustain its competitive advantage in the smartphone industry?A. by reducing its network effects B. by
    15·1 answer
  • About how many federal law enforcement offices ate employed in the United States
    5·2 answers
  • A shift from labor to equipment is:
    7·1 answer
  • Assume Gillette Corporation will pay an annual dividend of 0.61 one year from now. Analysts expect this dividend to grow at 11.5
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!