Answer:
the depreciation that should be charged over the useful life each year is $20,000
Explanation:
The computation of the depreciation expense using the straight line method is shown below:
= (Purchase cost of an equipment - residual value) ÷ (useful life)
= ($135,000 - $15,000) ÷ 6 years
= $120,000 ÷ 6 years
= $20,000
hence, the depreciation that should be charged over the useful life each year is $20,000
Answer:
The city's net investment in capital assets is $30,000
Explanation:
To calculate the city's net investment in capital assets we start with the total amount of capital assets:
Capital assets $800,000
minus accumulated depreciation ($120,000)
<u>minus outstanding bonds ($650,000) </u>
net capital assets $30,000
Answer:
A. measures the costs of acquiring or using resources in an organization.
Explanation:
Cost accounting is the procedure by which and organisation records, examines, and summarises any cost on processes or service.
Items that are considered include variable cost, fixed cost, and other expenses related to business operation.
Answer: market testing
Explanation: In simple words, market testing refers to the process in which a product is tested in real situation with actual potential customers before introducing it to the market. Market testing is usually done for the purpose of detecting problem so that appropriate changes could be made in the product.
In the given case, the company introduced its ice cream to only few numbers of customers to evaluate their reactions.
Hence that were at market testing stage
The answer to this question is t<span>he sixth digit can vary among NAFTA countries
In the code,the sixth digit is used as an identifier while the first five digits will be exactly the same for NAFTA countries.
This codes will be used by businesses to classifies their companies based on the type of economic activity that being done in north american region.</span>