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Annette [7]
4 years ago
9

Kinney Company purchased a truck for $66,000. The company expected the truck to last four years or 100,000 miles, with an estima

ted residual value of $8,000 at the end of that time. During the second year the truck was driven 27,000 miles.Compute the depreciation for the second year under each of the methods below and place your answers in the blanks provided.Units-of-activity $_________Double-declining-balance $_________
Business
1 answer:
Juli2301 [7.4K]4 years ago
6 0
I dunno (I need to awnser this to ask a question so ignore this)
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9. The least risky method by which firms conduct international business is: a franchising b. acquisitions of existing operations
TEA [102]

Answer:

c. international trade

Explanation:

Options A and E are wrong because franchising and licensing businesses need to pay a special commission or extra expense to do the business. In that case, if the first company faces any disreputed problem due to the food, it is challenging for other franchisees to operate. Licensing business needs a massive cost at the start of the market.

Options B and D are wrong because acquisitions of existing operations or establishing a new subsidiary require high investment.

<em>Option C</em> is correct because international trade can take place at any time. There is a little cost when the trading period starts. Otherwise, there are not many costs. So, it is a less risky method.

4 0
3 years ago
Cellant Solar Energy, INC, is a company that produces solar panels for domestic use. It has 800 permanent employees working in d
aev [14]

Answer:

$300,000

Explanation:

A company is implored to pay punitive damages if it only intentionally discriminated against employees or their federally protected rights.

The punitive charges paid under the Civil Rights Act of 1991 is $50,000 per violation, this covers an employee number of 14 - 100. While companies with over 500 employees are expected to pay $300,000 per violation.

Since Cellant Solar Energy, Inc. is involved in a case of intentional employee discrimination and it has 800 permanent employees working in different departments. The maximum punitive damage that they will have to pay under the Civil Rights Act of 1991 is $300,000.

4 0
3 years ago
Read 2 more answers
Perit Industries has $165,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternat
Arte-miy333 [17]

The net present value of project A that Perit Industies plans to undertake is $-79,009.91.

<h3>What is the net present value?</h3>

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

  • Cash flow in year 0 = -165,000
  • Cash flow in year 1 - 6 = 21,00
  • Cash flow in year 6 = 9500

I = 14%

NPV = $-79,009.91.

Please find attached the complete question. To learn more about net present value, please check: brainly.com/question/25748668

5 0
2 years ago
On December 31, Year 1, Elm Village paid a contractor $4,500,000 for the total cost of a new Village Hall built in Year 1 on Vil
Lubov Fominskaja [6]

Answer:

D. Other financing uses control

$1,500,000

Explanation:

Given that

Total cost of a new village hall = $4,500,000

Transferred balance = $1,500,000

Issue of bond sold at face value = $3,000,000

By considering the above information, the account and amount reported for the General fund is as follows

The transferred balance i.e $1,500,000 is shown in the other financing uses control account which denotes the operating transfer and the $3,000,000 should be recognized as a fund for capital project in a other financing sources control account

3 0
3 years ago
Which strategy is an effective way to manage risk
eimsori [14]

Answer:

a documenting and sharing a risk

Explanation:

In the world of risk management, there are four main strategies:

Avoid it.

Reduce it.

Transfer it.

Accept it.

9 Types of Effective Risk Management Strategies

Identify the risk. Risks include any events that cause problems or benefits. ...

Analyze the risk. ...

Evaluate the risk. ...

Treat the risk. ...

Monitor the risk. ...

Avoidance. ...

Reduction. ...

Sharing.

8 0
3 years ago
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