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
Ten-year-old sarah and 5-year-old haley were making a special birthday card for their grandmother. by patiently showing haley ho
Helga [31]

Answer:

This is true

Explanation:

Sarah illustrated scaffolding for Haley by supporting her through learning when putting lace around the card's edge.

4 0
3 years ago
You are the beneficiary of a life insurance policy. the insurance company informs you that you have two options for receiving th
lesantik [10]

So in this case, you would need to find the present value (PV) of the monthly payments. With the information given, you would have a PV= 195,413.08, which is less than the lump sum payment. In this case, you would take the 1 time payment.

Another way to look at this is to calculate the future value (FV) of both payouts. For the lump sum payment, you would assume the same interest rate (6%) and at the end of the same 20 years period, your investment would be worth 662,040.90 while the monthly payment option would be worth 646,857.25

7 0
2 years ago
Martin is offered an investment where for $6000 today, he will receive $6180 in one year. He decides to borrow $6000 from the ba
Ne4ueva [31]

Answer:

The maximum interest rate which the bank needs to offer the loan is 3%

Explanation:

The maximum interest rate which the bank needs to offer the loan is computed as:

Maximum interest rate = Amount received in one year - Amount invested today / Amount invested today

where

Amount received in one year is $6,180

Amount invested today is $6,000

Putting the values above:

Maximum interest rate = ($6,180 - $6,000) / $6,000

= $180 / $6,000

= 3%

So, the maximum interest rate is 3% which is needed to offer by banks

3 0
3 years ago
How would inventions such as the smart fitting room affect retail jobs???
Lorico [155]

Answer:

ummm because it is bigger

Explanation:

4 0
3 years ago
Suppose the government passes a law that reduces unemployment benefits in a way that causes unemployed workers to seek out new j
SCORPION-xisa [38]

Answer:

The correct answer is C. If the government passes a law that reduces unemployment benefits in a way that causes unemployed workers to seek out new jobs more quickly. The policy will cause the natural rate of unemployment to fall, which will shift the long-run aggregate supply curve to the right .

Explanation:

Unemployment occurs when there is a greater supply of labor than what is demanded. This means that there are people who seek employment at the regular wage rates, but who are unable to get employment in the open labor market. Unemployment also means that people who actually want to work (and who are unemployed) cannot work with what they are qualified for.

Unemployment is a social problem, and low unemployment and high employment are important in order to develop and maintain a welfare society. For each individual, work is the most important insurance for their own welfare and social inclusion.

If the aforementioned law were approved, and the unemployed began to look for work imminently (even leaving aside some pretensions), many of them would get a job in a shorter time than if this law were not approved, which would decrease the country's unemployment rate.

6 0
3 years ago
Other questions:
  • Carpenter Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the
    14·1 answer
  • On January 2, 2015, Quick Delivery Company traded in an old delivery truck for a newer model. The exchange lacked commercial sub
    12·1 answer
  • In placing a tire order with Goodyear, River City Industrial Supply finds that the truck tires it is ordering have increased $37
    5·2 answers
  • Carmex's first efforts in marketing research had the research objective of figuring out who it was as a company and what the Car
    12·1 answer
  • Gravel would most likely exist in the ________ of a river.
    15·1 answer
  • Along any downward sloping straight-line demand curve: Group of answer choices both the price elasticity and slope are constant.
    7·1 answer
  • Three ways a business can promote products and services and describe the strengths and weaknesses
    5·1 answer
  • David purchased a $5,000 bond on the secondary market. He paid a $500 premium. What is David's basis?
    6·1 answer
  • Have a good rest of your day guys keep a look out for more! love y'all!
    14·2 answers
  • There is an inverse relationship between followers and engagement -- surprisingly, the more followers, the LESS engagement with
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!