Answer:
$2,250
Explanation:
Given;
Cost of machine = $100,000
Residual value = $10,000
Useful life = 10 years
Annual depreciation = (Cost - Residual value ) ÷ useful life
= ($100,000 - $10,000 ) ÷ 10
= $90,000 ÷ 10
= $9,000 per year
Duration from October 1, 2018 to December 31, 2018 in year = 
years
= 0.25 year
therefore,
Depreciation expense for the year ended December 31, 2018
= Annual depreciation × Duration
= $9,000 × 0.25
= $2,250
The contribution margin approach helps managers in short-tern decision making because it reports costs and revenues at their current value.
The contribution margin ratio/approach allows companies to determine their profits they can make from a product minus variable costs.
Answer:
if they have a high variable cost, the business will make no money and would probably start to loose money, to the point where they go out of business. So they have to keep the variable cost low, manufacture their products with a low price, and sell their products high to make money and keep the business going.
Answer:
they didn't have a first aid kit
Explanation:
a first aid kit is a very inport must have
Answer:
C) 3
Explanation:
The current ratio is the firms Current assets relative to its current liabilities.
It can be calculates as follows,
Current Ratio = Current assets / Current liabilities
Current Ratio = 240,000 / 80,000
Current ratio = 3
This signifies a healthy ratio as the company has 3 times as much current assets as compared to its current liabilities.
Hope that helps.
