Answer:
$33,600
Explanation:
The computation is shown below:
But first we have to determined the following things
Depreciation rate
= 1 ÷ useful life
= 1 ÷ 10
= 0.1
It is double-declining so the rate is also double i.e. 0.20
Now in the first year, the depreciation expense is
= $40,000 × 0.20
= $8,000
Now in the second year, the depreciation is
= ($40,000 - $8,000) × 0.20
= $25,600
So, the accumulated depreciation at the end of 2019 is
= $8,000 + $25,600
= $33,600
Here the residual value is not relevant. hence, ignored it
venture capital would not be considered
<h3>What is
venture capital?</h3>
Venture capital is a type of private equity financing provided by venture capital firms or funds to startups, early-stage, and emerging companies with high growth potential or that have demonstrated high growth.
Venture capital is money put into startups and small businesses that are high risk but have the potential for exponential growth. A venture capital investment seeks a high return for the venture capital firm, typically in the form of a startup acquisition or an IPO.
To know more about venture capital follow the link:
brainly.com/question/18776651
#SPJ4
Answer:
Disclaimer
Explanation:
Express warranties could be simply be described as the agreement which binds a seller and buyer during the purchase of a certain product. Express warranties usually gives buyers the opportunity to return the product to the seller if damaged within a specified period of tine. Express warranty usually has no borders. Tbe use of disclaimer is used by sellers in other to introduce clauses into an express warranty whereby certain terms and conditions are given before the warranty can be deemed as valid. These limitations inteoduced and are capable of voiding the express warranty is called a disclaimer.
A.
getting money with special repayment terms
Answer:
(A) A wholly owned Subsidiary
Explanation:
A wholly owned subsidiary is a company that is completely owned by another company called the Parent/Holding Company. The parent company will hold all (100%) of the subsidiary's common stock.
A wholly owned subsidiary allows the parent company to diversify, manage, and possibly reduce its risk.
Some of the disadvantages of a wholly owned subsidiary include the possibility of multiple taxation, lack of business focus, and conflicting interest between subsidiaries and the parent company if not properly managed.
