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zepelin [54]
3 years ago
7

Duluth Ranch, Inc. purchased a machine on January 1, 2018. The cost of the machine was $21,500. Its estimated residual value was

$6,500 at the end of an estimated 5-year life. The company expects to produce a total of 10,000 units. The company produced 850 units in 2018 and 1,300 units in 2019. Required: Calculate depreciation expense for 2018 and 2019 using the straight-line method. Calculate the depreciation expense for 2018 and 2019 using the units-of-production method. Calculate depreciation expense for 2018 through 2022 using the double-declining balance method.
Business
1 answer:
SVEN [57.7K]3 years ago
5 0

Answer:

Explanation:

Cost of acquisition - $21,500

Residual value - $6,500

Depreciable amount - 21500-6500 =15,000

Useful life = 5 years

Total units produced = 10000

Depreciation rate = 1/5*100 = 20%

Double depreciation raate = 40%

Depreciation                           2018                  2019

Straight line 20%*15000        3000                3000

Units of production

850/10000*15000                   1275

1300/10000*15000                                          1950

Double declining balance method

2018 = 40%*21500 = 8600

2019 =(21500-8600) *40%= 5160

2020  (12900 -5160)*40% = 3096

2021   (7740-3096) *40% =1858

2022 (4644-1858)*40% = 1114

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TiliK225 [7]

Answer:

The correct option is C ,$15,300

Explanation:

GDP is a short form of Gross Domestic Product which is an indicator of total goods produced in an economy in a period of one year.

Using the expenditure method,GDP van be computed using the below formula:

GDP=C+I+G+(X-M)

C is the consumption in the economy which is $9000

I is the level of investment at $3,000

G is the government expenditure of $3,500

X is the export of $2,500

M is the import of $2,700

GDP=$9000+$3000+$3500+($2500-$2700)

GDP=$15,300

Hence the GDP is $15,300

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3 years ago
The price that a company charged for a basketball hoop is given by the equation where x is the number of hoops that are produced
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Answer: 1.3 million

because i know

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3 years ago
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For this question, assume that the Phillips curve equation is represented by the following: πt − πt−1 = (m + z) − αut. Which of
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Answer:

Correct option is C

Explanation:

Increase in \alpha decreases πt - π(t-1) which shows decrease in natural rate of unemployment.

Phillips bend clarifies the connection between expansion rate and joblessness rate. As indicated by it there is a reverse connection between the joblessness rate and swelling rate. It implies there is an exchange off among expansion and joblessness rate.  

The strategy ramifications of Phillips bend is that administration can't lessen swelling and joblessness together. It joblessness decreases, at that point the economy must acknowledge higher expansion. Then again, on the off chance that economy lessens expansion, at that point it must acknowledge higher joblessness.  

When there is synchronous change in the swelling rate and joblessness rate then this is an instance of development along the short-run Phillips bend.  

Then again, when either joblessness rate or swelling rate stays unaltered while different changes then it prompts moving of short-run Phillips bend.

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3 years ago
The ABC Company expects stock prices to decrease. The current stock price is $96. The company purchases a put option, with exerc
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Answer:

Payoff = $2 per share.

Explanation:

In a put option, the long (the party that buy the put) will have gain on the option when the underlying asset price is lower than the excercise price of that asset <em>(imagine the advantage that you can sell a chicken at $12 when it market price of is is only 10)</em>.

Because the stock price is $91, lower than exercise price of 93, so the company should exercise the put. Total payoff per share is 93 - 91 = $2.

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6 0
3 years ago
state four measures that may be taken by the government to control inflationstate formations that taken by the government to con
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Answer:

see below

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<u> Four measures that may control inflation include</u>

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2. <u>Increasing reserve requirement:</u> Reserve is the proposition of customer discounts that commercial banks are expected to maintain at their custody at all times. Increasing the reserve requirement means banks will reduce lending, thereby reducing the money supply in the economy.

3. <u>The open market sells</u>: The government makes available many treasury bills and bonds for purchase in the market. It offers attractive rates that encourage banks and other institutions to buy them. Buying the treasury bills means banks will use a substantial percentage of customer deposits on treasury bills other than lending to customers. Open market sales mop up excess liquidity in the markets, reducing the rate of cash circulation.

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