Answer:
The remaining useful life of the plant asset is 2 years.
Explanation:
The depreciable cost of the asset is 44000 - 10000 = $34000
The straight line method charges a constant depreciation expense per year over the estimated useful life of the asset.
The depreciation expense per year is $3400.
The formula for straight line depreciation is,
Depreciation expense per year = (Cost - residual value) / estimated useful life
3400 = (44000 - 10000) / estimated useful life
3400 = 34000 / estimated useful life
Estimated useful life = 34000 / 3400 = 10 years
The accumulated depreciation has been charged for the amount of $27200. This represents a depreciation for 8 years.
27200 / 3400 = 8 years
Thus, the remaining useful life of the plant asset is 10 - 8 = 2 years
Answer: False
Explanation:
Beaten paths are the routes that have previously been taken by friends, family or relatives. From the question, we are told that the existence of "beaten paths" tends to discourage immigration because of the perception that job prospects have been exhausted.
This is wrong. It should be noted that that the existence of beaten paths does not discourage people from migrating but rather encourages people as there are better job prospects.
Answer:
Market Segmentation
Explanation:
Analyzing a market by specific characteristics in order to create a target market is called market segmentation.
Answer:
The correct answer is $240.
Explanation:
According to the scenario, the computation of the given data are as follows:
Number of contracts = 4
Troy Number = 100
End price = 1,285.30
Purchase price = 1,284.7
So, we can calculate the profit or loss by using following formula:
Profit / Loss = Number of contracts × Troy number × ( End Price - Purchase price)
By putting the value, we get
Profit / Loss = 4 × 100 × (1285.30 -1284.7)
Profit = $240
The answer is A: Journals. Journals books written to record a person’s experience and thus are primary sources of information.