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
stellarik [79]
3 years ago
7

Mather company purchased equipment on january 1, 2015 at a total invoice cost of $336,000; additional costs of $6,000 for freigh

t and $30,000 for installation were incurred. the equipment has an estimated salvage value of $12,000 and an estimated useful life of five years. the amount of accumulated depreciation at december 31, 2016 if the straight-line method of depreciation is used is:
Business
1 answer:
Olenka [21]3 years ago
4 0

Annual rate of depreciation = $360,000/5 years = $72,000 per year  

You might be interested in
Favorite Memories is a small company that specializes in serving women over the age of 50 who are special occasion gift shoppers
oksano4ka [1.4K]

Answer:

D) Concentrated Targeting

Explanation:

As Favorite Memories is a small company that specializes in serving women over the age of 50 who are special occasion gift shoppers overlooked by major competitors. They are using concentrated targeting very well and effectively. This is a marketing strategy where we target one particular segment which has been ignored and overlooked by the competitors.  

This strategy is mostly used by the small companies because they do not have much resources in order to compete at all fronts with the competitors. This strategy e helps small companies in developing their distinct and specialized niche market. Companies try finding the gap in the market and then a whole new market is established in that gap.

7 0
3 years ago
Suppose that the Federal Reserve wants to target a higher interest rate, the Federal Reserve would then:
GarryVolchara [31]

Answer:

if the FED wants to increase interest rates, it will generally engage in a contractionary monetary policy. This means that it will decrease the money supply in the economy. A contractionary monetary policy takes place when the FED starts to sell US securities and that way it will take away money from the economy. But in order to make more people want to purchase the securities, it will generally increase the interest rates.

Explanation:

5 0
3 years ago
DeLong Corporation was organized on January 1, 2017. It is authorized to issue 13,000 shares of 8%, $100 par value preferred sto
balandron [24]

Answer:

DeLong Corporation

Journal Entries:

Jan. 10: Debit Cash $507,000

Credit Common stock $253,500

Credit Additional Paid-in Capital- Common stock $253,500

To record the issue of 84,500 shares at $6 per share.

Mar. 1: Debit Cash $540,750

Credit Preferred stock $515,000

Credit Additional Paid-in Capital - Preferred stock $25,750

To record the issue of 5,150 shares at $105 per share.

Apr. 1 Debit Land $80,500

Debit Loss on Purchase of Land $10,500

Credit Common stock $72,000

Credit Additional Paid-in Capital- Common stock $19,000

To record the issue of 24,000 shares for land.

May 1: Debit Cash $396,625

Credit Common stock $250,500

Credit Additional Paid-in Capital- Common stock $146,125

To record the issue of 11,000 shares at $4.75 per share.

Aug. 1: Debit Attorney Fees $38,500

Credit Common stock $33,000

Credit Additional Paid-in Capital- Common stock $5,500

To record the issue of 11,000 shares for attorney's fees.

Sept. 1: Debit Cash $84,000

Credit Common stock $36,000

Credit Additional Paid-in Capital- Common stock $48,000

To record the issue of 12,000 shares at $7 per share.

Nov. 1: Debit Cash $218,000

Credit Preferred stock $200,000

Credit Additional Paid-in Capital-Preferred stock $18,000

To record the issue of 2,000 shares at $109 per share.

Explanation:

a) Data and Analysis:

January 1, 2017, Authorized Shares:

13,000 shares of 8%, $100 par value Preferred Stock

526,000 shares of no-par Common Stock with a stated value of $3 per share

Jan. 10: Cash $507,000 Common stock $253,500 Additional Paid-in Capital $253,500

Mar. 1: Cash $540,750 Preferred stock $515,000 Additional Paid-in Capital $25,750

Apr. 1 Land $91,000 Common stock $72,000 Additional Paid-in Capital $19,000

May 1: Cash $396,625 Common stock $250,500 Additional Paid-in Capital $146,125

Aug. 1: Attorney Fees $38,500 Common stock $33,000 Additional Paid-in Capital $5,500

Sept. 1: Cash $84,000 Common stock $36,000 Additional Paid-in Capital $48,000

Nov. 1: Cash $218,000 Preferred stock $200,000 Additional Paid-in Capital $18,000

8 0
3 years ago
The demand curve that talero faces is identical to which of its other curves? check all that apply.
ANTONII [103]
It is the marginal revenue curve. Since a superbly focused firm faces a splendidly elastic demand curve to the market value, it can offer any amount it picks at this cost. This appears as the horizontal demand curve at the market price.Because all units delivered are sold at the market cost, the adjustment incomplete income that outcomes from a one­unit increment in the amount sold are equivalent to the cost. Hence, marginal revenue curve is the same as the company's request bend and plots as an even line at the market cost
3 0
3 years ago
g When choosing a forecasting technique, a critical trade-off that must be considered is that between: time series and associati
lapo4ka [179]

A critical trade-off which must be considered when choosing a forecasting technique is that between: C. cost and accuracy.

<h3>What is a forecasting technique?</h3>

A forecasting technique can be defined as a process through which predictions can be made about the economy, especially based on macroeconomic and microeconomic conditions such as:

  • GDP
  • Inflation
  • Unemployment

In Economics, cost and accuracy is a critical trade-off which must be considered when choosing a forecasting technique.

Read more on forecasting technique here: brainly.com/question/23009258

#SPJ1

7 0
2 years ago
Other questions:
  • According to the rule of 72, if the GDP of the Apex Federation is growing at 1.7% per year, its economy will double in approxima
    6·1 answer
  • A company's sales forecast would likely consider all of the following factors except: advertising and pricing policies. top mana
    6·2 answers
  • What are two advantages of highly marketable items? a) They wear out quickly and need to be replaced often b) They always have a
    6·1 answer
  • In your own words, describe what civic engagement means to
    10·2 answers
  • Mr. Hamid is running his small retail business under the name of Hamid Store. He has recently hired Mr. Imran as a junior accoun
    5·1 answer
  • Opportunity cost refers to:
    6·1 answer
  • What type of relationship exists between the growth of the money supply and changes in the inflation​ rate?
    11·1 answer
  • To take into consideration demand uncertainty in reorder point (R) calculations, what do we add to the product of the average da
    14·1 answer
  • Review the powers of and limits to taxation in the United States. How does the constitution limit federal and state powers of ta
    11·1 answer
  • Bearcat Construction begins operations in March and has the following transactions.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!