Answer:
Double-declining balance method
Explanation:
First we have to find the depreciation rate which is shown below:
= One ÷ useful life
= 1 ÷ 4
= 20%
Now the rate is double So, 40%
In year 1, the original cost is $15,000, so the depreciation is $6,000 after applying the 50% depreciation rate
And, in year 2, the depreciation is ($15,000 - $6,000) × 40% = $3,600
And, in year 3, the depreciation is ($15,000 - $6,000 - $3,600) × 40% = $2,160
Answer:
Part 1.
3.1 times
Part 2.
a. total assets
Part 3
d. the company's ability to generate sufficient cash to repay debt when due.
Explanation:
<u>For Part 1</u>
Inventory turnover measures the activity of liquidity of a company`s inventory. The higher the ratio in comparison, the more efficient the inventory is managed.
<em>Inventory turnover = Cost of Sales ÷ Inventory</em>
therefore,
Inventory turnover = $982,500 ÷ $ 312,500 = 3.1 times
<u>For Part 2</u>
In a common-size Balance Sheet, each item is expressed as a percentage of total assets whereas in a common size Income Statement, Sales revenue is expressed as 100 % and every other item is expressed as a percentage of sales revenue.
<u>For Part 3</u>
Solvency or Liquidity is the ability of short term assets to cover short term liabilities. Also put, it is the company's ability to generate sufficient cash to repay debt when due.
Answer:
To use brainly or to not use brainly. I dont like cheating but sometimes I realy need help.
Explanation:
Answer:
Which pharmaceuticals company has decided to expand its vaccine business in the United Kingdom with an investment of £240 million?
answer= B.) Serum Institute of India
Answer:
$61
Explanation:
The computation of unit product cost for the month under absorption costing is shown below:-
Unit product cost = Direct material + Direct labor + Variable Manufacturing overhead + Fixed manufacturing cost
= $18 + $10 + $4 + ($255,200 ÷ 8,800)
= $61
Therefore for computing the unit product cost for the month under absorption costing we simply applied the above formula.