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
Oksanka [162]
3 years ago
12

A purchase of equipment for $18,000 also involved freight charges of $500 and installation costs of $2,500. The estimated salvag

e value and useful life are $2,000 and 4 years, respectively. Under the straight-line method, annual depreciation expense will be
A. $4,750
B. $4,500
C. $4,125
D. $4,625
Business
1 answer:
IrinaVladis [17]3 years ago
3 0

Answer:

$4,750

Explanation:

The computation of the depreciation expense is shown below:

= (Original cost - residual value) ÷ (useful life)

where,

Original cost = $18,000 + $500 + $2,500 = $21,000

And, the other items would remain same

Now put these values to the above formula

So, the value would be equal to

= ($21,000 - $2,000) ÷ (4 years)

= ($19,000) ÷ (4 years)  

= $4,750

You might be interested in
When brand equity is measured using stock valuation with an estimate of the portion of the value allocated to brand equity and n
natka813 [3]

Answer:

The correct answer is letter "B": market value.

Explanation:

Market Value is the price of an asset that is traded or offered for sale in a public forum where multiple buyers are allowed to make offers to buy that asset. For marketable securities of publicly traded companies, the companies are required to issue periodic financial information to the public to meet a full-knowledge requirement.

7 0
3 years ago
Read 2 more answers
An internet company gives their old computer system to the computer science
Elanso [62]

Answer:

Explanation:

The formula for GDP is

GDP = C + I + G + NX

C = consumption

I  = Investment by business and household purchases by individuals

G = Government  Expenditures

NX = foreign trade.

The first thing you can do is knock out foreign trade.

I think you can dispense with Government expenditures as well all though a school is an arm of government.

I think investment is what you have to look at carefully because it does include charitable organizations.  We'll come back to this.

Consumption is what it sounds like it sounds.

You can't answer this in any other way than to know how the company writes it off. It is an asset that goes from some value to 0. It no longer exists on their books. So it decreases their assets. It is balanced on their books by calling it an expense I think and that further has impact on their books.

So they are decreasing their value (albeit by a small amount -- they've already bought new computers).

I'm not sure about this, but I think what has happened is that the GDP is going to go down. Their investment has decreased by being written off.

8 0
2 years ago
After six months with the company, betty's performance was evaluated by a graphic rating form. the ratings for each statement we
erik [133]
The correct answer that would best complete the given statement above would be option 1. objective. Based on the given situation above about how Betty's performance was evaluated, Betty experienced an objective appraisal method. It is objective since it is based on graphic rating forms. Hope this answer helps.
6 0
3 years ago
______ involves the free flow of products and factors of production between member countries, the adoption of a common external
Ivahew [28]

Answer:

A, an economic Union.

Explanation:

An economic union is a type of trade agreement concerning the same market of commodities, between a group of countries.

The trade agreement usually involves the free flow of the factors of production as well as factors of production.

Also, the agreement means that countries that are a part of the economic union are able to adopt a currency, regulate and harmonize tax rates as well as implement similar policies.

Asides economic union, there are other types of trade agreements and they include, free-trade zones, custom union, etc.

Cheers.

5 0
2 years ago
Read 2 more answers
At friendly financial consulting, wayne thurston is allowed to choose what time he starts his workday, and can come to work any
9966 [12]

The correct answer is flex time.

Wayne is working under a system of flex time. Flex time is a system of working a set number of hours with the starting and finishing times chosen within agreed limits by the employee.

4 0
3 years ago
Other questions:
  • When opening a check account, the bank does not run an account verification if you provide a state-issued ID.
    11·1 answer
  • A supervisor who believes an employee's grievance is not a contractual violation should: accept the employee's grievance, and th
    13·1 answer
  • For each of the following transactions, determine if Raymond Corporation has earned revenue during the month of May and, if so,
    9·1 answer
  • At the stage, the product reaches its highest point of demand and sales
    14·1 answer
  • Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hou
    9·1 answer
  • Dubberly Corporation's cost formula for its manufacturing overhead is $31,100 per month plus $50 per machine-hour. For the month
    8·1 answer
  • International marketing can be defined as
    13·1 answer
  • An economic principle states that the lower the price of a product, the greater the quantity consumers will wish to purchase. Th
    14·1 answer
  • If offered employment by Amazon, would you be legally eligible to begin employment immediately?
    14·1 answer
  • Click on the BACKPACK tab and add any options that you believe will align with the needs of the LUXURY TRENDFOLLOWER segment. Yo
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!