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Anika [276]
3 years ago
14

A depreciable asset has an estimated 15 percent salvage value. At the end of its estimated useful life, the accumulated deprecia

tion would equal the original cost of the asset under which of the following depreciation methods? Productive- Sum-of-the- Double- Output Years'-Digits Declining-Balance Select one:
a. Yes No No
b. No No No
c. No Yes No
d. Yes Yes Yes
Business
1 answer:
8090 [49]3 years ago
7 0

Answer:

B

Explanation:

Depreciation is the uniform decrease in the value of an asset over a period until the salvage value is reached.

It is given by :

Annual depreciation expense = (cost of asset - salvage)÷ useful life of the asset

Therefore the accumulated depreciation would not equal the original cost of the asset at the end of its estimated useful life because the salvage value will be deducted from cost of asset under declining-Balance.

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On August 1, 2018, Fowler Company acquired $500,000 face value 10% bonds of Kasnic Corporation at 104 plus accrued interest. The
SashulF [63]

Answer:

a. Debt Investments 520,000

Interest Revenue 12,500

Cash 532,500

Explanation:

The journal entry is as follows

Debt Investments 520,000

Interest Revenue 12,500

         To Cash 532,500

(Being the purchase of the bond is recorded)

The calculation is shown below:

For debt investment,

= $500,000 × 104%

= $520,000

And, for interest revenue it is

= $500,000 × 10% × 3 months ÷ 12 months

= $12,500

The three months is calculated from the May 1, 2018 to August 1, 2018

Since the bonds are purchased so the cash account are credited and the debt investment and the interest revenue is debited

5 0
3 years ago
When an ad for the American Indian College Fund used the headline, "I Will Keep 286,000 People from Losing Their Sacred Land" to
Katena32 [7]

Answer:

there are several options for this question and they are,

A. teaser

B. testimonial

C. direct

D. transformational

E. indirect

and the correct answer is E. Indirect.

Explanation:

if you look at this advertisement, you can clearly see that the title is detailed to an extent, stating a specific number 286,000 people. and then the importance of the "lands'' are highlighted by stating the word "sacred". when you state something is "Sacred", it sort of send out a single to the readers mind that it can be religious or highly sensitive.

apart from this, although the statement say that "I will keep", it does not say "keep safe from whom?" so this too greatly and indirectly influence the reader.

5 0
3 years ago
Based on this module, what option would you choose to prepare your taxes? Why? What is one advantage and one disadvantage to usi
serious [3.7K]

Answer:

1.1099 form to prepare my taxes

2.The ADVANTAGE is that I will get to fill it out when compare with the W-2 which is already filled out and may take more money than I spent.

3. The DISADVANTAGE is that in a situation where anything I filled in the 1099 form is wrong the IRS may find out which means I will be the one to pay for the damage

Explanation:

1.Based on the module the option I would choose to prepare my taxes is that I will use the 1099 FORM TO PREPARE MY TAXES, reason been that it will gives me an option on telling either the government or IRS of the amount of money I spent in the year.

2.The ADVANTAGE is that I will get to fill it out when compare with the W-2 which is already filled out and may take more money than I spent.

The second ADVANTAGE with the 1099 is that I will definitely get to write an approximate of the amount of money I wasted and the amount of money I needed to get back from the IRS.

3. The DISADVANTAGE is that in a situation where anything I filled in the 1099 form is wrong the IRS may find out which means I will be the one to pay for the damage.

Second DISADVANTAGE is that in a situation where the information I wrote in that form is wrong the IRS will either give me a penalty or charge me more Amount of money.

4 0
2 years ago
In a manufacturing process, five workers could produce 60 units per hour. Labor costs are $15/hour, and material cost is $20/uni
Tcecarenko [31]

Answer:

1.729

Explanation:

Given;

Number of units produced by 5 workers = 60 per hour

Labor cost = $15/hour

Material cost = $20/unit

Overhead charged = 1.5 times direct direct labor cost

or

Overhead charged = $22.5/hour

Selling cost of the finished units = $40/unit

Now,

the total labor cost = Direct labor × Total number of labor = $15 × 5 = $75

Total material cost = Number of units × Material cost per unit

Total material cost = 60 × $20 = $1,200

Total overhead = 1.5 × the total labor cost  = 1.5 × $75 = $112.5

Therefore,

the total cost of production = $75 + $1,200 + $112.50 = $1,387.5

Total revenue = Number of units × Selling cost = 60 × $40 = $2,400

Thus,

the multifactor productivity = \frac{\textup{Total revenue}}{\textup{Total cost of production}}

or

the multifactor productivity =  \frac{2400}{1387.5}

or

the multifactor productivity = 1.729

5 0
2 years ago
Who is affected by our government's fiscal policies?
SashulF [63]

Answer:

A.Only individuals

Explanation:

because thats the answer

3 0
3 years ago
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