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
torisob [31]
3 years ago
8

McCanless Co. recently purchased an asset for $2,000,000 that will be used in a 3-year project. The asset is in the 4-year MACRS

class. The depreciation percentage each year is 33.33 percent, 44.45 percent, 14.81 percent, and 7.41 percent, respectively. What is the amount of depreciation in Year 2?
Business
1 answer:
Yuliya22 [10]3 years ago
4 0

Answer:

$889,000

Explanation:

Data provided as per the question below:

Purchases assets = $2,000,000

Depreciation Rate for Year 2  = 44.45%

The computation of amount of depreciation is shown below:-

Amount of depreciation in Year 2 = Purchases assets × Depreciation Rate for Year 2

=$2,000,000 × 44.45%

=$889,000

Therefore, for computing the amount of depreciation in Year 2 we simply multiply purchase assets with depreciation rate for year 2.

You might be interested in
The inventory system employing accounting records that continuously disclose the amount of inventory is called a.retail b.period
omeli [17]

Answer:

The correct option is D

Explanation:

Perpetual inventory is a method of accounting for inventory that records the sale of inventory immediately by the use of computerised point of sale systems.

6 0
3 years ago
The atmospheric pressure at a place is 650 mm of Hg. Convert this pressure
EleoNora [17]

Ans Solution

Explanation:

4 0
2 years ago
A _____ is an integrated collection of data that can include seemingly unrelated information, no matter where it is stored in th
Deffense [45]

A ​data warehouse is an integrated collection of data that can include seemingly unrelated information, no matter where it is stored in the company.

An enterprise data warehouse (EDW), sometimes referred to as a data warehouse (DW or DWH) in computing, is a system used for reporting and data analysis and is regarded as a key element of business intelligence.

data warehouse DWs serve as a central repository for combined data from a variety of sources.

They keep both recent and old data in a single location that is utilized to provide analytical reports for employees across the whole company.

The operational systems upload the data that is kept in the warehouse (such as marketing or sales).

Before being used in the data warehouse for reporting, the data may go via operational data storage and require data cleansing for extra activities to ensure data quality.

Learn more about the data warehouse here:

brainly.com/question/14615286?

#SPJ4

8 0
2 years ago
Question 2<br>Name and describe the basic functions in a warehouse.​
maks197457 [2]

Answer:

Storage

Explanation:

a psychological process

4 0
3 years ago
Read 2 more answers
Camrio Consultants conducted a meeting to make a decision about continuing a business contract with a client. The manager presid
goldenfox [79]

Answer:

A learning and effectiveness paradigm is not in place

Explanation:

Managers are more likely to employ people of like manners that will always follow the dame line of thought with them , an act that is not seen as a good practice as diversity of human resources can always bring out the best practice.

One of the tools of managing diversity towards achieving plurality  in organisation is a learning and effectiveness paradigm.

It is a tool used in integrating diverse personality , beliefs and attitudes in an organization.

7 0
3 years ago
Other questions:
  • What was one part of Mawi’s story that stood out to you from his videos? Why did it stand out?
    5·2 answers
  • The market for carbon allowances
    5·1 answer
  • A business operated at 100% of capacity during its first month and incurred the following costs: Production costs (17,700 units)
    10·1 answer
  • You decide to work in japan for the next 10​ years, accumulate some​ savings, then move back to the united states and convert yo
    8·1 answer
  • Financial statements does not cover a period of time but rather reports amounts at a specific point in time?
    9·1 answer
  • "For an investor seeking a tax sheltered investment, the primary advantage of a real estate direct participation program is the:
    10·1 answer
  • James has earned his associate’s degree and is not planning on furthering his education. Which of the following is a STEM career
    10·1 answer
  • Gutierrez Company reported net income of $193,400 for 2017. Gutierrez also reported depreciation expense of $45,600 and a loss o
    13·1 answer
  • Noelle, assistant manager at Green Gardens Restaurant, is preparing a questionnaire to help her evaluate customer satisfaction.
    12·1 answer
  • Write an essay with the topic: Information logistics system is one of the major topics of interest to manufacturing and logistic
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!