Answer:
$160,000
Explanation:
Depreciation expense = Net book value ×[2 ×( 1 / useful life)]
$400,000 × [2× (1 / 5)]
$400,000 × 0.4
= $160,000
I hope my answer helps you
Answer:
option (C) $7,420
Explanation:
Data provided in the question:
Estimate of uncollectible receivables = $6,600
Balance of Accounts Receivable = $116,000
unadjusted debit balance of the Allowance for Doubtful Accounts = $820
Credit sales during the year = $182,000
Now,
Bad debt Expenses is given as:
= Unadjusted debit balance for doubtful accounts + Uncollectible Receivable
= $820 + $6,600
= $7,420
Hence,
The correct answer is option (C) $7,420
In line with the reading, one gain of having smaller organizations are groups works more quickly and better participation amongst group members.
A set is a group of human beings with some commonplace characteristics or cause. a group can consist of any number of human beings. human beings in organizations engage, interact and perceive each different, often at regular or pre-determined instances and locations.
Groups name such companies in-agencies. Fraternities, sororities, sports teams, and juvenile gangs are examples of in-agencies. members of an in-group frequently come to be competing with contributors of another group for diverse sorts of rewards. This different organization is referred to as an out-organization. a set is formed with at least members. typically, the number of institutional participants in a collection ranges from 15 to twenty participants. It will become tough to control a big institution. consequently, it's miles stated that the more individuals in a set the more complex it's far to control.
Learn more about Groups here:
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Answer:
Options one and two are correct.
Explanation:
Discretionary fiscal policies are understood as how the government spends its taxes and how this behavior can change to shrink or expand the economy. In the question, it is necessary to shrink the economy due to the recession: additional spending and tax cut are not reliable options because the government needs money and these two options reduce the incomes. On the other hand A and B do the opposite by generating more incomes (tax increase) and by not spending as much as before (reduction in spending on education).
