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stiks02 [169]
3 years ago
8

Genesee Organics has just bought a new packing machine for its warehouse.

Business
1 answer:
Tcecarenko [31]3 years ago
5 0

Answer:

CCA for year 2 is $164,062.50

Explanation:

Total cost of machine = $750,000

CCA rate = 25%

CCA in year 1 = (Total cost / 2) * CCA rate

CCA in year 1 = ($750,000/2)*0.25

CCA in year 1 = $93,750

For year 2, CCA = (Total cost - CCA in year 1) *CCA rate

For year 2, CCA = ($750,000 - $93,750)*0.25

For year 2, CCA = $164,062.50

Hence, CCA for year 2 is $164,062.50

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kondor19780726 [428]
The type of venue that small-business retailers favor is C.SPECIALTY SHOP.

Being in a specialty shop, your products will be prominently displayed and competition is minimal <span>compared to other given venues.

Customers, looking for specific items that you can offer, usually  prefer going directly to the shops instead of wasting time looking around those bigger venues searching for items they need. </span>
8 0
3 years ago
Oriole Company made the following journal entry in late 2021 for rent on property it leases to Danford Corporation. Cash 153000
Morgarella [4.7K]

Answer:

$277,125

Explanation:

The calculation of  income tax expense is shown below:-

Income tax expense = Income taxes payable at the end of 2022 + (Rent revenue ÷ 2) × Tax rate

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6 0
3 years ago
Why are some industries regulated?
muminat
Uk ​ us ​ GOVERNMENT, LAW. a type of business that is controlled by government rules: This applies to workers in regulated industries, such as teaching or financial services. The nuclear industry is the most highly regulated industry in the world.
5 0
3 years ago
Cedrick's credit card was​ stolen, and he did not realize that it was stolen until he received his most recent billing stateme
denis23 [38]

Answer:

Cedrick's potential maximum liability = $50

Explanation:

Given:

$250 = a Blueminusray player

$600 = new set of tires

$200  = Cash withdrawal

$40 = interest charges

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Cedrick's potential maximum liability

Computation:

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7 0
2 years ago
How many languages in South Africa??​
Vaselesa [24]

Answer:

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4 0
2 years ago
Read 2 more answers
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