Answer:
Depreciation expense= $7,612.5
Explanation:
Giving the following information:
Purchase price= $66,000
Salvage value= $5,100
Useful life= 8 years
<u>First, we need to determine the depreciation expense for the whole year. We will use the following formula:</u>
<u></u>
Annual depreciation= 2*[(book value)/estimated life (years)]
Annual depreciation= 2*[(66,000 - 5,100) / 8]
Annual depreciation= $15,225
<u>For 2020:</u>
Depreciation expense= (15,225/12)*6= $7,612.5
Answer:
The correct answer is letter "D": Total variable costs decrease as the volume increases.
Explanation:
Total fixed costs are those that do not vary when the volume of production changes. However, unitary fixed costs change with fluctuations in production. As production increases, unitary fixed costs decrease and if production decreases unitary fixed costs increase.
Also, unitary variable costs remain the same in front of changes in output but total variable costs change directly proportional to variations in production.<em> It means if the volume in production increase so will total variable costs and vice versa.</em>
Restrictive covenants "were rendered unenforceable by Shelly v. Kraemer in 1948."
This is evident by the Supreme Court decision in 1948 during the case of Shelly v. Kramer when the court ruled that the 14th Amendment prohibits the court from enforcing race discrimination in real estate contracts.
The 14th Amendment, which was ratified on July 9, 1868, stated that all the citizens of the United States have equal protection under the law.
Thus, no American citizens shall be deprived of life, liberty, or property by any state law.
Hence, in this case, it is concluded that the correct answer is option A. "were rendered unenforceable by Shelly v. Kraemer in 1948."
Learn more here: brainly.com/question/21345607
Answer:
- Used its fixed assets more efficiently.
- Had a greater increase in sales relative to its fixed assets.
Explanation:Fixed assets are long term assets that a company acquires,they are also tangible and are non current in nature. This type of assets appear in a company's balance sheet buildings,equipments,lands etc.
WHEN A FIXED ASSET IS EFFICIENTLY UTILIZED IT WILL CONTINUE TO GIVE A HIGHER TURNOVER.
IT CAN ALSO MEAN THAT THE ASSET HAD A GREATER INCREASE IN SALES RELATIVE TO ITS FIXED ASSET.
Answer:
Ecommerce, or electronic commerce, is a term that’s used often in sales discussions these days. Product sellers and service providers can increase sales through online commerce and boost revenue with ease. Selling online is a popular sales method, worldwide.
Explanation:
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