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Delicious77 [7]
3 years ago
11

Warren corporation purchased a truck at a cost of $60,000. It has an estimated useful life of five years and estimated residual

value of $5,000. At the beginning of year three, warren's managers concluded that the total useful life would be four years, rather than five years. There was no change in the estimated residual value. What is the amount of depreciation that warren should record for year 3 under the straight-line depreciation method?
Business
1 answer:
s344n2d4d5 [400]3 years ago
6 0

Answer:

What is the amount of depreciation that warren should record for year 3 under the straight-line depreciation method? $15500

Explanation:

Net Value Dep. year End Net value.

Year 1 55000 12000          43000

Year 2 43000 12000          31000

Year 3 31000 15500          15500

Year 4 15500 15500            0

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Police or security
They help to protect and make sure everyone is safe
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3 years ago
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Which of the following would you expect to decrease the demand for tennis racquets?
VladimirAG [237]

Answer:

C) An increase in the price of tennis racquets

Explanation:

If tennis racquets become more expensive, the demand for them will decline, and people will try to supply this need with substitutes, for example, lacrosse raquets. The reason for this is that the classical supply and demand model tells us that demand and price are inversely correlated: if the price goes up, demand goes down, and viceversa.

3 0
3 years ago
Bridges, shopping centers, and other jobs that take months or years to complete and involve the work of many are called ______.
s344n2d4d5 [400]

Bridges, shopping centers, and other jobs that take months or years to complete and involve the work of many are called Project

What is project?

A project is any endeavour that is carefully planned to accomplish a specific goal, whether it is done alone or with others. It may also involve research or design.

An alternate perspective describes a project as a series of connected tasks that must be completed within specific time, budget, and other constraints.

To learn more about Project

brainly.com/question/25009327

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3 0
2 years ago
The rate of return on the common stock of Flowers by Flo is expected to be 14 percent in a boom economy, 8 percent in a normal e
FinnZ [79.3K]

Answer: The standard deviation of the stock is 3.23 percentage

Explanation:

First we shall calculate the epected weighted average return of the stock.

We shall multiply the probability of the scenario with its expected return and then take the sum of the expected returns of different scenarios,

E(x) = (0.2 x 14%) + (0.7 x 8%) + (0.1 x 2%)

E(x) = 8.6%

We shall use the follwing formula to calculate the Variance of the stock,

σ²(x) = ∑ P(x_{i}) × [x_{i} - E(r)]²

σ²(x)  = (0.2) (0.14 - 0.086)² + (0.7) (0.08 - 0.086)² + (0.1) (0.02 - 0.086)²

σ²(x) = 0.001044

To find the standar deviation,

σ(x) = \sqrt{0.001044}

σ(x) = 0.0323109

in percentage it would be 3.23%

7 0
3 years ago
CMr. Garcia is listening to an investment planner talking about mutual funds; Garcia really believes in investing in such funds
ludmilkaskok [199]

Answer: False

Explanation:

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Mr Garcia should give his opinion on the issue raised by the planner and make inquiries so that the planner will give more detailed analysis regarding the investment.

The evidences gotten while discussing with him can be used to determine if the project is worth it or not.

4 0
3 years ago
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