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Marysya12 [62]
3 years ago
7

Central Supply purchased a new printer for $45,000. The printer is expected to operate for nine (9) years, after which it will b

e sold for salvage value (estimated to be $4,500). How much is the first year’s depreciation expense if the company uses the double-declining-balance method?
Business
1 answer:
Molodets [167]3 years ago
7 0

Answer:

$9,900

Explanation:

The double-declining method is an accelerating approach to accounting for depreciation. The method uses twice the rate of the straight-line depreciation method. For central supply, the straight-line depreciation rate will be.

Useful- life 9 years, the rate will 1/9 x 100

=11.11 %

Double declining method = 11 % x 2 = 22%

the Depreciable amount equal to asset cost minus salvage value

=$45,000 -$4500

=$40,500

Depreciation is done up to the salvage value.

The first-year depreciation will be  22% of the book value( the cost price)

=22% of $45,000

=22/100 x $45,000

=$9,900

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The form of organization must the project manager be working in Functional.

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Organization refers to the group of the people working together in order to achieve organizational goal. The aim of every organization is maximization of the profits.

In the above case, the project manager is trying to complete a software development project but is unable to get the attention on the project. all the resources are under completion of the different works.

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2 years ago
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natka813 [3]

Answer:

D) M2 is the best definition of money as a medium of exchange.

Explanation:

M2 includes all M1 plus some broader types of money which represent near money such as savings accounts, money market securities, mutual funds, small denomination time deposits (CDs worth less than $100,000). These are classified as ear money because they can be easily and quickly converted into currency (cash) or checking account deposits.

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3 years ago
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Evgen [1.6K]

Answer:B. So that the growth can be carefully monitored and managed

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When a company grows the number of managers are expected to increase so that the activities of the organization is effectively coordinated,growth can be properly and efficiently monitored and managed.

If growth is not efficiently monitored and managed it will hinder the overall performance of the organization.

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Answer:

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