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
Alisiya [41]
4 years ago
14

MC Qu. 9-81 Holly, Inc. has a building that originally cost... Holly, Inc. has a building that originally cost $410,000. Holly e

xpects to be able to sell the facility for $244,000 at the end of its useful life. The balance of the related Accumulated Depreciation account is $107,000. The depreciable cost of the facility is: Multiple Choice $166,000. $137,000. $303,000. $107,000.
Business
1 answer:
PilotLPTM [1.2K]4 years ago
5 0

Answer:

$166,000

Explanation:

Depreciation is a method used in expensing the cost of an asset. It is the reduction in the value of an asset.

Depreciable cost is the amount of an asset's cost that would be depreciated.

Depreciable cost = Cost of asset - Salvage value

$410,000 - $244,000 = $166,000

I hope my answer helps you

You might be interested in
Many individuals have been to a corner market in a city and noticed soggy lettuce, a moldy cucumber or other far from fresh prod
Slav-nsk [51]
The cucumbers are see threw and the flight of the agent is in sight which means 7)
7(6)•5
8 0
2 years ago
Which of the following statements is CORRECT? a. Because of their simplified organization, it is easier for proprietors and part
shutvik [7]

Answer:

b. One advantage to forming a corporation is that the owners of the firm have limited liability.

Explanation:

Every equity shareholder has this advantage that he cannot be called off, in case of any liability in the company, as the company stands liable and not the shareholder, whereas in partnership or proprietorship even all the partners can be called off to meet the liability personally, in case of any failure from the firm.

Though firms have tax advantage, but this is the disadvantage to the firm that the liabilities are unlimited.

5 0
4 years ago
What are the four obstacles that impede economic growth?
bogdanovich [222]
<span>Obstacle # 1. Interlocking Various </span><span>Obstacle # 2. Population </span><span>Obstacle # 3. The Difficult of Adapting Western Technology </span><span>Obstacle # 4. Lack of Preparation for an Industrial Revolution </span><span>Obstacle # <span>5. The International Context</span></span>
7 0
4 years ago
An insurance office owns a large building downtown. The sixth floor of this building currently houses its entire Human Resources
ladessa [460]

Answer:The cost of the research into the feasibility of renting the sixth floor.

Explanation:

This cost will not considered for it's a sunk cost which was useful in helping the company to take a decision but it's not recoverable, the letting or not letting out of the building cannot change, so it should not be consider when deciding whether to rent out the sixth floor.

The price of renting the sixth floor out impacts on the income and so equally is cost in terms of materials in moving the human resources department, refurbishing the new office and efficiency this makes all these relevant in deciding whether to rent out the sixth floor.

6 0
4 years ago
The world's largest currency market is located in the city of __________.
laila [671]
According to Investopedia, it would be London.
7 0
3 years ago
Other questions:
  • Munchkin is a popular baby clothing brand. The founder of the company, Isabel, conducts a brainstorming session with her employe
    11·1 answer
  • Shelton, Inc. has sales of $435,000, costs of $216,000, depreciation expense of $40,000, interest expense of $21,000, and a tax
    6·1 answer
  • Runaround Corporation sells running shoes and during January they ran production machines for 23,000 hours total and incurred $
    6·1 answer
  • Miranda works at a small-batch soda pop manufacturing plant. for eight hours a day, she uses her right hand to lift individual b
    12·1 answer
  • Consumers should be concerned about high interest rates because high interest rates __________.
    14·1 answer
  • Which of the following is Not a component in part one of a Formal Report. A. Progress report.B. Feasibility report C.complaint r
    12·1 answer
  • In the company's accounting system all fixed expenses of the company are fully allocated to products. Further investigation has
    11·1 answer
  • Explain the differences in operating incomes obtained in requirements 1 and 2. The difference in operating income under absorpti
    12·1 answer
  • Krumbly Corporation uses the FIFO method in its process costing system. At the beginning of the month, Department D's work in pr
    8·1 answer
  • A property is generating $100,000 in income and has expenses of $25,000. The investor pays $3,000 toward mortgage principal each
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!