Answer:
Annual depreciation= $77,000
Explanation:
Giving the following information:
Purchase price= $800,000 
Salvage value= $30,000
Useful life= 10 year
Under the straight-line method of depreciation, the depreciation expense is constant along the useful life.
We need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (800,000 - 30,000)/10
Annual depreciation= $77,000
 
        
             
        
        
        
Tariffs, non-tariffs, import quotas and voluntary export restraints
        
             
        
        
        
Answer:
Cost Flow Methods
Gross profit and ending inventory on April 30 using:
                                                           Gross Profit     Ending Inventory
(a) first-in, first-out (FIFO)                     $75                   $546 
(b)
last-in, first-out (LIFO)                       $71                   $542 
(c) weighted average cost method     $73                   $544
Explanation:
a) Data and Calculations:
Item Beta   Cost
April 2  Purchase   $270
April 15  Purchase   272
April 20  Purchase 274
Total                      $816
Average cost per unit = $272  ($816/ 3 units)
Assume that one unit is sold on April 27 for $345
Gross profit and ending inventory on April 30 using:
                                                           Gross Profit            Ending Inventory
(a) first-in, first-out (FIFO)                 $75 ($345 - $270)  $546 ($816 - $270)
(b)
last-in, first-out (LIFO)                   $71 ($345 - $274)   $542 ($816 - $274)
(c) weighted average cost method $73 ($345 - $272)  $544 ($816 - $272)
Ending inventory = Cost of goods available for sale Minus Cost of goods sold
Gross profit = Sales Minus Cost of goods sold
 
        
             
        
        
        
Answer:
<u>A. The consumer is a participant in the process of delivering products or services.</u> 
Explanation:
- As a  known fact the consumer is a part of the entire process and all of the e-commerce is surviving of the large consumer base and hence the delivery of the product to the home of the consumer is it a new or unique aspect of e-commerce.
- Without the participation of the consumer, e-commerce has no competition in the marketplace while the rest are unique or global characteristics of the e-commerce industry.