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
Gelneren [198K]
3 years ago
8

On January 1, Truesdale, Inc., purchased a piece of machinery for use in operations. The total acquisition cost was $33,000. The

machine has an estimated useful life of 3 years and a salvage value of $3,000. Using the straight-line method, the amount of depreciation that should be recorded during year 1, is approximately
Business
1 answer:
hammer [34]3 years ago
4 0

Answer:

Annual depreciation= $10,000

Explanation:

Giving the following information:

The total acquisition cost was $33,000. The machine has an estimated useful life of 3 years and a salvage value of $3,000.

To calculate the depreciation expense under the straight-line method, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (33,000 - 3,000)/3

Annual depreciation= $10,000

You might be interested in
Free entry means that:________
g100num [7]

The correct option is (c) no legal barriers prevent a firm from entering an industry.

No legal barriers:

Non-legal writing non-legal careers anything unrelated to the law or the legal profession.

Because, the industry is free and flexible for enter and exit and no other government interventions will be applicable in that free entry no barriers is there and movability will be 100% for any industry.

Not option (a) Because, the government really levies admission fees for certain types of businesses due to the legal issues surrounding certain businesses and fields, hence they never reimburse the fees.

Not option (b) because, Because it is a government supported program and private businesses cannot participate for free, only semi-government or completely government can do the same, government financed research never helps in sustaining in lower cost patients and hurdles.

Not option (c) because, If a company is operating a successful and reliable business, its marginal cost cannot be zero, and thus will normally not provide free entrance into any industry or type of business.

Learn more about No legal barriers here  brainly.com/question/12513296+

#SPJ4

4 0
2 years ago
A teacher is purchasing supplies for the classroom and has three discounts to apply to the purchase one at a time. First discoun
Vesnalui [34]
The teacher will pay $143.18
8 0
3 years ago
If an air parcel is given a small push upward and it continues to move upward on its own accord, the atmosphere is said to be?
Over [174]

If an air parcel is given a small push upward and it continues to move upward on its own accord, the atmosphere is said to be stable.

If a rising parcel of an air parcel is cooler than the encompassing surroundings it's going to generally tend to sink and returned to its original function. that is due to the fact cool air is extra dense or heavier than hotter air. that is known as stable air. If a rising parcel of air is warmer than the encompassing environment it's going to hold to an upward push.

The relative humidity reaches a hundred percent determined whilst the air parcel temperature cools all the way down to its authentic dew point temperature, similarly lifting and cooling results in internet condensation, forming a cloud at the environmental lapse rate.

Learn more about The air parcel here:-brainly.com/question/14709186

#SPJ4

5 0
2 years ago
According to Moore's data on how workers view their jobs, a. the higher the annual income, the more people get a sense of identi
Licemer1 [7]

Answer:

The correct answer is A) The higher the annual income, the more people get a sense of identity from their job.

Explanation:

Employees do not perceive their duties in the same way when they do so for a lower salary than they aspire to. This situation also affects motivation because they find as if they were giving away their time in exchange for a salary below normal.

4 0
4 years ago
John, the owner of a lawn care service, likes to meet with his employees six months after their yearly evaluation to discuss how
Mariana [72]

Answer:

<em>Control</em>

Explanation:

The control cycle <em>is the incremental process in which tests are prepared, tracked, reviewed,  and updated. </em>

The control cycle is widely used to continually monitor organizational expenditures and  system flows.

The assumption when applying the control cycle to budgeting is that each subsequent iteration of  the budget will be changed based on the information obtained when comparing the initial budget with  actual results.

6 0
3 years ago
Other questions:
  • You own a stock with an average return of 15 percent and a standard deviation of 15 percent. In any one given year, you have a 6
    14·1 answer
  • On a tour of several states, you discover a county governed under a state law that permits home rule. The county chooses its own
    9·1 answer
  • An investment will pay $100 at the end of each of the next 3 years, $200 at the end of Year 4, $300 at the end of Year 5, and $5
    12·1 answer
  • How would a strong U.S. dollar impact the trade of grain produced in the United States?
    11·1 answer
  • Sparrow Co. is currently operating at 80% of capacity and is currently purchasing a part used in its manufacturing operations fo
    10·1 answer
  • Benefits may include things like health insurance, life insurance, retirement funds, equity opportunities (stock in the company)
    5·1 answer
  • Powell Lighting was the first company to start selling LED light bulbs in its country—a product that gained popularity among div
    12·1 answer
  • A couple is required by their lender to have a down payment of 20% of the purchase price of the home they want to buy. If the co
    8·1 answer
  • Professionals in_______ and investment pathway help companies connect with investors
    15·2 answers
  • PepsiCo, Inc. (PEP) reported the following information about its long-term debt in the notes to a recent financial statement (in
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!