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
Yakvenalex [24]
3 years ago
13

Use the following information to answer the question: Cost of car: $26,000 Residual value: $6,000 Life: 5 years Using the given

information, determine the depreciation expense for the first year straight-line method? A. $4,400 B. $5,200 C. $4,000 D. $6,000
Business
1 answer:
juin [17]3 years ago
7 0
(26000-6000)/5=4000
................
You might be interested in
Comment down below if you go to Carroll High School in Monroe La
Ganezh [65]

Answer:

yesss but i graduated in 2017

6 0
3 years ago
The list price on Boyton's catalog indicated that product A sells for $3,000, with a trade discount of 5%. Boyton sells the good
Alexeev081 [22]

Answer:

B) $2,850

Explanation:

1: Find the discount: $3,000*5% = $150

2: Subtract the discount: $3,000 - $150 = $2,850

4 0
3 years ago
Assume that Guardian Company uses a periodic inventory system and has these account balances: Purchases $500,000; Purchase Retur
romanna [79]

Answer:

Net purchases:

= Purchases - Purchase Returns and Allowances - Purchase Discount

= 500,000 - 14,000 - 9,000

= $477,000

Cost of goods sold:

= Net purchase + Freight-in

= 477,000 + 15,000

= $492,000

3 0
3 years ago
Big Canyon Enterprises has bonds on the market making annual payments, with 12 years to maturity, a par value of $1,000, and a p
PSYCHO15rus [73]

Answer:

6.32%

Explanation:

Bonds yield amount = $1,030 × 6.14% = $63.242

Coupon rate = Bond yield amount ÷ Par value of the bond = $63.242 ÷ $1,000 = 0.063242, or 6.32%

Therefore, the coupon rate on the bonds must be 6.32%.

4 0
3 years ago
When a government transfers the rights and obligations of an asset to another legally separate governmental or private sector en
Mamont248 [21]

Answer: A service concession arrangement (D)

Explanation:

A service concession arrangement is an agreement whereby the government contracts with a private enterprise in order to operate, develop and maintain an infrastructural facility such as a tunnel, bridge, road, hospital, airport or prison. The government regulates and controls the kind of services the operator must provide, to whom the services are provided and at the price the services will be provided.

Concession agreements can also be between a non-governmental owner and a concessionaire, whereby the non-governmental owner gives the operator the exclusive rights to use and maintain the business for a stipulated period of time under specified conditions.

4 0
3 years ago
Other questions:
  • The mere exposure effect most directly contributes to the positive relationship between ________ and liking.
    6·1 answer
  • Which type of markup takes your company's total costs into account?
    13·2 answers
  • Sometimes food is produced in other countries that do not have the same level of chemical safety as in the US. This imported foo
    13·1 answer
  • McDonald’s pressed on with the strategic plan of offering all-day breakfast in spite of initial struggles because strategic deci
    7·1 answer
  • For each of the following characteristics, check which types of firm it describes: a monopoly firm, a monopolistically competiti
    14·1 answer
  • Texas Roadhouse opened a new restaurant in October. During its first three months of operation, the restaurant sold gift cards i
    14·1 answer
  • Universal Foods issued 10% bonds, dated January 1, with a face amount of $150 million on January 1, 2016. The bonds mature on De
    6·1 answer
  • Distinguish between private and public company???​
    10·2 answers
  • due to changes in production, hanson steel gave each employee 75 percent of the cost savings. hanson steel uses a ________ compe
    13·1 answer
  • The following describe several different business organizations. Determine whether each description best refers to a sole propri
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!