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defon
3 years ago
10

Kansas Enterprises purchased equipment for $60,000 on January 1, 2021. The equipment is expected to have a five-year service lif

e, with a residual value of $5,000 at the end of five years. Using the straight-line method, depreciation expense for 2021 would be: Multiple Choice $12,000. $11,000. $60,000. None of these.
Business
1 answer:
Yuki888 [10]3 years ago
3 0

Answer:

$11000

Explanation:

Depreciation is the reduction in the value of an asset over time due to regular wear and tear. Straight - line depreciation is where the same amount is reduced every year over the life of the asset. It is calculated as (Cost of asset - residual value) / number of useful life years

= ($60000 - $5000) / 5 = $11000

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Transactional leadership

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The academic calendar for a university is August 15 through May 15. A professor commits to a contract that binds her to a teachi
tatiyna

Answer:

A. Will be the nine month period between August 15 and May​ 15; any time period longer than this will be long run for her.

6 0
3 years ago
The contractor proposed $x,xxx,xxx for manufacturing labor contemplating the following full time equivalent (FTE) for the three
Lady_Fox [76]

Answer:

$659,277

Explanation:

The computation of the manufacturing labor dollars per year over the three year period of performance is shown below:

For 3 year it is

= 3 × 1,800 hours × $31

= $167,400

For 4.5 years, it is

= 4.5 × 1,800 hours × $31 × 1.025

= $257,377.50

Foe 4 years, it is

= 4 × 1,800 hours × $31 × 1.025 × 1.025

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So, the manufacturing labor dollars per year is

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4 0
3 years ago
1) You are considering purchasing a 20 year bond from Saudi Arabia. You have a required return
inessss [21]

Answer:

$812.20

Explanation:

Given the following bond characteristic:

Coupon rate = 12%

Market or yield rate = 15%

Years to maturity = 20 years

Face or par value = $1000

Inputting the values into a bond value calculator, the bond value output is : $812.20

This means that the sum of the present value of all likely coupon payment and par at maturity. It is simply the present value of all cash streams it is projected to generate.

6 0
3 years ago
A factory pays its employees on Wednesdays, and on Thursdays, employee productivity seems to be a little slow. The productivity
Tju [1.3M]

Answer:

C. Fixed Interval

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The<u> "peak" of productivity</u> is the<u> exhibited behavior during pay day.</u> They try to work hard in order to receive a salary. <em>They become more inspired to work during the salary day.</em> It is followed by<em> </em><em>less productivity on Thursdays</em><em> </em>because they have already been rewarded.

Such reinforcement schedule is called the "fixed interval." This also means that their productivity will not increase if they will not be paid.

So, this explains the answer.

5 0
3 years ago
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