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Nataliya [291]
4 years ago
9

Asset C3PO has a depreciable base of $16.5 million and a service life of 10 years. What would the accumulated depreciation be at

the end of year five under the sum-of-the-years'-digits method?
Business
1 answer:
Mariulka [41]4 years ago
8 0

Answer:

Accumulated depreciation at the end of year 5 is $12 million

Explanation:

The relevant number of years with which to depreciate the asset is from 1 to 10, however these numbers are taking in descending in order to have more depreciation in early years and less in later years.

Years              relevant weighting number

1                               10

2                               9

3                               8

4                                7

5                                 6

6                                 5

7                                 4

8                                 3

9                                  2

10                                 <u> 1</u>

Total weighting           55

The accumulated depreciation at the end of year 5 would depreciation from  year 1 to year 5 calculated as shown below:

(10+9+8+7+6)/55*$16.5 million=$12 million

In other words, at the end of year $12 million would have been charged as expense to income statement.

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Studentka2010 [4]

Answer:

Partial balance sheet of Tamarisk, Inc.

<u>Non Current Assets :</u>

Buildings                                                          $1,140,000

Less accumulated depreciation—buildings  ($652,000)  $488,000

Coal mine                                                          $509,000

Less accumulated depletion—coal mine       ($107,000)  $402,000

Goodwill                                                                                $421,000

Total                                                                                      $1,311,000

Explanation:

The Items above are Non- Current Assets. Non Current Assets are resources expected to generate economic benefits for a period exceeding 12 months.

8 0
3 years ago
Which of the following determines the process that a company will use to create its product? Group of answer choices a firm's mu
tekilochka [14]

Answer:

The answer is a firm's business level strategy

Explanation:

A strategy is a blueprint or a plan which spells out the major policies of an organisation, its goals and actions that will enables it to achieve the organisational objectives.

A firm business level strategy is a tool aimed at improving the competitive position of a firm's products within the market segment or industry that the firm operates.  It focuses on how a firm will satisfy customer's needs and gain competitiveness in the market in which it operates by  exploiting opportunities in market.  

6 0
3 years ago
To determine the effective gross income on a property, the sales associate should:________
artcher [175]

Answer:

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Explanation:

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3 years ago
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Answer: d. Regulate the firm's pricing behavior.

Explanation:

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3 0
3 years ago
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Answer:

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5 0
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