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adelina 88 [10]
3 years ago
10

Machinery was purchased for $85,000. Freight charges amounted to $3,500 and there was a cost of $10,000 for building a foundatio

n and installing the machinery. It is estimated that the machinery will have a $15,000 salvage value at the end of its 5-year useful life. Depreciation expense each year using the straight-line method will bea. $19,700b. $16,700c. $14,300d. $14,000
Business
1 answer:
tia_tia [17]3 years ago
7 0

Answer:

b. $16,700

Explanation:

The computation of the depreciation expense under the straight-line method is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($98,500 - $15,000) ÷ (5 years)

= ($83,500) ÷ (5 years)  

= $16,700

The original cost is computed below:

= Original cost  of machinery + freight charges + cost of building a foundation and  installing the machinery

= $85,000 + $3,500 + $10,000

= $98,500

In this method, the depreciation is same for all the remaining useful life

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3 years ago
Which of the following decisions is part of the HR function of compensation?
ivann1987 [24]

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D. Whether to pay office workers a wage or a salary

Explanation:

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Non -monetary compensation includes benefits such as housings, paid car, insurance coverage, and stock ownership.

In consultation with the other managers, the HR managers determine the level and combination of compensation for every employee. HR has to decide whether to employ office workers on a part-time or full-time basis. Equally, HR determines whether to pay the office workers either a salary or wages.

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3 years ago
A chord of a circle is l cm long. The distance of the chord to the center of the circle is h cm and the radius of the circle is
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After US companies objected that the Foreign Corrupt Practices Act would put them at a competitive disadvantage, the FCPA was ev
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After US companies objected that the Foreign Corrupt Practices Act would put them at a competitive disadvantage, the FCPA was eventually amended to allow for <u>grease payments.</u>

<h3><u>Grease payments are what?</u></h3>

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In the event that they did, the money would be seen as a bribe and would be prohibited. It all comes down to the purpose of the money, and there is a very thin line between a greasing payment and a foreign bribe.

Learn more about grease payments with the help of the given link:

brainly.com/question/14529082

#SPJ4

<u>Correct question:</u>

After US companies objected that the Foreign Corrupt Practices Act would put them at a competitive disadvantage, the FCPA was eventually amended to allow for ______.

Multiple choice question.

a) grease payments

b) import tariffs

c) commission payments

d) export tariffs

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2 years ago
A real estate salesperson brings a buyer to a For-Sale-By-Owner transaction. The home sells for $120,000, and the seller agrees
sweet [91]

Solution:

The home sells for = $120000

The commission that is paid by the seller is 3 percent

Therefore, commission = 3% of $120000 = $3600

The sales-person is on a 65 percent commission schedule with her broker which means that the saleperson gets the 65 percent amount of the commission.

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Therefore, the salesperson receives $2340 amount from the said transaction.

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