Answer:
Annual depreciation=$188,000
Explanation:
Giving the following information:
Purchasing price= $1,000,000
Salvage value= $60,000
Useful life= 5 years
To calculate the depreciation expense under the straight-line method, we need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (1,000,000 - 60,000)/5
Annual depreciation=$188,000
Answer:
correct answer is American Tire is currently operating at its full capacity
Explanation:
given data
firm's sales increase by = 10 percent
growth in sales and fixed assets = 10 percent
solution
correct answer is American Tire is currently operating at its full capacity because here it is a currently operating at full capacity that is increase in the sales that is require similar increase in the fixed asset
and when it is a operating at the excess capacity then lower increase in the fixed asset is require
and when it retains all income then lower increases in the fix asset is require.
so correct answer is is American Tire is currently operating at its full capacity
POPS' owners and managers use the company's income statement to ultimately determine the company's <u>double </u><u>bottom line</u>.
More about income statement:
One of the three financial statements on which stock investors rely is the income statement. (The balance sheet and cash flow statement round out the list.) Investors who wish to evaluate a company's profitability and potential growth must comprehend an income statement.
Morea about double bottom line:
By adding a second bottom line to gauge a for-profit company's success in terms of its positive social impact, the double bottom line (also known as 2BL or DBL) tries to expand the traditional bottom line, which assesses fiscal performance and accounts for financial profit or loss.
Learn more about bottom line here:
brainly.com/question/3900120
#SPJ4
Answer:
Company site
Explanation:
A company's website is a communication tool used to convey information to internal members and the public. The website contains updated information on various topics concerning the company. There are sections for products and services, the top management, and careers with the company.
An individual seeking to work in a specific company should visit its website to look for opportunities.
Answer:
The question is incomplete
Choose one correct answer from the following;
a.the demand for trees is inelastic.
b. total revenue to tree producers rose this year.
c. consumers bought the same number of Christmas trees this year as last year.
d.the price of the Christmas trees stayed the same.
e.the demand for trees is unit elastic.
The answer is e.the demand for trees is unit elastic.
Explanation:
Price elasticity of demand =( (25-30)/30 *100)/ 1680-1400/1400 *100)=1.2
