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Ksju [112]
3 years ago
6

The Pack Company purchased an office building for $9,000,000. The building had an estimated useful life of 40 years and an expec

ted salvage value of $1,000,000. Calculate the depreciation expense for the second year using the double-declining balance method.
Business
1 answer:
xz_007 [3.2K]3 years ago
8 0
<h2>Depreciation = Cost Price --Salvage/Useful Life</h2><h2>=9,00,000-1,00,000/40</h2><h2>=8,00,000/40</h2><h2>= 20,000</h2><h2 /><h3>Explanation:</h3><h3>Depreciation is 20,000</h3><h3></h3>

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This would be a case of insider trading, meaning that the trader (the financial advisor) has information that is not public that will affect the future performance of the company. If the advisor acts on this early information and profits, then this could be considered illegal.

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4 years ago
The level of difficulty a manufacturer experiences in getting retailers to purchase its products is determined by the degree to
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<h3>What is vertical integration?</h3>

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4 0
3 years ago
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Answer:

4.Teach Fred about how decisions are made and communicated, as well as how conflict is handled.

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The most effective way to help him is by teaching him <em>how decisions are made and conflict is handled</em>, in a straightforward manner. Since Fred is working in a team and not individually, it is essential for him to learn the basics of conflict management, as conflict handling varies immensely from country to country.

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4 0
3 years ago
Ben Collins plans to buy a house for $188,000. If the real estate in his area is expected to increase in value by 3 percent each
Sunny_sXe [5.5K]

Answer:

The value after seven years from now is $231,216.29

Explanation:

The computation of the expected value would be seven years from now is shown below:

Here we use the future value formula i.e. shown below:

Future value = Present value × (1 + interest rate)^number of years

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= $188,000 × (1.03)^7

= $231,216.29

Hence, the value after seven years from now is $231,216.29

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