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
Mamont248 [21]
3 years ago
12

A diesel-powered tractor with a cost of $186,240 and estimated residual value of $5,700 is expected to have a useful operating l

ife of 59,000 hours. During April, the tractor was operated 200 hours.
Business
1 answer:
scoundrel [369]3 years ago
7 0

Answer:

$612

Explanation:

To compute the depreciation, first we have to compute the depreciation per hour which is given below:

= (Cost of diesel-powered tractor  - estimated residual value) ÷ (useful operating life)

= ($186,240 - $5,700) ÷ (59,000 hours)

= ($180,540) ÷ (59,000 hours)

= $3.06 per hour

Now the depreciation would be

= Operated hours  × depreciation per hour

= 200 units × $3.06

= $612

You might be interested in
if you want to be able to compare different investments , which piece of information is the most helpful
mariarad [96]
The interest rate and how well the product is selling.
5 0
3 years ago
ash Flows from Investing Activities During the year, Murray Company sold equipment with a book value of $125,000 for $175,000 (o
NeTakaya

Answer:

Investing cash flow from current year = -$250,750. This means that the company invested $250,750 in purchasing new equipment and land during the year.

Explanation:

cash flow from investing activities = money received from the sale of assets - money spent purchasing new assets

  • money received from the sale of assets = $175,000
  • money spent purchasing new equipment = plant & equipment year 20x1 - plant & equipment year 20x2 + cost of old equipment = $1,000,000 - $1,025,000 + $225,000 = $200,000
  • money spent purchasing new land = land 20x2 - land 20x1 = $725,750 - $500,000 = $225,750  

Cash flow from investing activities = $175,000 - $200,000 - $225,750 = -$250,750

5 0
3 years ago
A warranty in which the seller warrants that he or she has valid title to the goods he or she is selling and that the transfer o
balandron [24]

Answer:

of good title.

Explanation:

A good can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a good are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.

A warranty can be defined as a written promise or guarantee made by a manufacturer, lessor or seller about the identity or quality of goods and services or a property to a purchaser, promising him or her to repair or replace it if necessary within a specified time frame.

Hence, a warranty in which the seller of a good or service warrants that he or she has valid title to the goods he or she is selling and that the transfer of title is rightful is known as a warranty of good title.

A legal title can be defined as the actual (absolute) ownership of a property that is recognized and enforceable in a court of competent jurisdiction.

5 0
2 years ago
An industrialization policy of restricting imports in order to boost local production for local consumption of goods that would
raketka [301]

Answer:

The correct answer is letter "A": import substitution.

Explanation:

Import substitution is the strategy by which a government sets restrictions on imports so the same products being imported are consumed domestically instead of being exported. This approach is implemented to boost domestic production which increases the employment rate of a country.

<em>Protectionist countries</em> tend to impose tariffs on other countries' imports in an attempt to prioritize the industries within their borders.

4 0
3 years ago
Your Economics instructor assigns your class to investigate factors associated with the gross domestic product (GDP) of nations.
emmainna [20.7K]

Answer:

The Correlation analysis “R” is measured to compute the strength of relationship among variables. Moreover, the value of correlation is calculated among -1 to +1. Which implies that if the computed value is near to -1 then there will be strong but negative relation and if near to +1 then it is strong but relation among the variable. However zero is consider as neutral point.  

A. The computed value of correlation is - 0.772. The value identifies that that there is a strong but negative association among the variables (GDP and infant mortality rate).

B. The correlation analysis cannot computed among the variables continent and GDP because "continent" is a categorical variable not quantitative.  

C. The computed value of correlation is higher than 1. Thus, the statement implies that there is a very strong relationship among life expectancy and GDP which is incorrect. As the association cannot be higher than 1.  

D. There is a strong relationship among literacy rate and GDP as the relationship is nearer to 1. Furthermore, the association among literacy rate and GDP doesn’t suggest the causation.

E. The computed correlation among the variables is 0.90. Which indicated that the variables goes up. That is, when the GDP goes down the import is also decrease and when GDP increases the import increases Thus, the there is a positive correlation.

3 0
3 years ago
Other questions:
  • Victoria is creating a brochure for her photography studio. She designed the layout and placed a photo in the center of the page
    8·1 answer
  • When a firm performs well, investors holding shares are______ willing to sell it and therefore, the demand for the stock _______
    14·2 answers
  • Planning to finance higher education helps people prepare for their financial future because it teaches them about
    10·2 answers
  • When rent control pushes the price of apartments below the market equilibrium, then everyone who would like a rent-controlled ap
    10·2 answers
  • AccuBlade Castings Inc. casts blades for turbine engines. Within the Casting Department, alloy is first melted in a crucible, th
    6·1 answer
  • On June 5, Staley Electronics purchases 100 units of inventory on account for $10 each. After closer examination, Staley determi
    13·1 answer
  • Calculating Lower-of-Cost-or-Net Realizable Value
    7·1 answer
  • Jamie is single. In 2020, she reported $108,000 of taxable income, including a long-term capital gain of $5,800. What is her gro
    6·1 answer
  • you are the owner of a rapidly growing e-commerce business and you are looking for ways to customize your ads. since your team i
    6·1 answer
  • Question 1 A small company manufactures three different electronic components for computers. Component A requires two hours of f
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!