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Deffense [45]
4 years ago
5

g Vaughn Manufacturing purchased a new machine on October 1, 2022 at a cost of $124,800. The company estimated that the machine

has a salvage value of $9,600. The machine is expected to be used for 96,000 working hours during its 8-year life. Compute depreciation using the following methods in the year indicated. (a) Straight-line for 2022 and 2023, assuming a December 31 year-end. (Round answers to 0 decimal place, e.g. 1520.) 2022 2023 Straight-line method $enter a dollar amount $enter a dollar amount
Business
1 answer:
Wittaler [7]4 years ago
5 0

Answer:

Straight-line Depreciation Expense for 2022 and 2023 = $ 14,400, $ 14,400

Explanation:

Vaughn Manufacturing

Depreciation Straight Line Method= Cost - Salvage Value/ Useful Life

Depreciation Straight Line Method= $124,800-$9,600/8-years

Depreciation Straight Line Method=15,200/8= $ 14,400

The straight line depreciation expense does not change. It remains same for the next years as well.

Straight-line Depreciation Expense for 2022 and 2023 = $ 14,400, $ 14,400

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Zigmanuir [339]

The overdraft fee is the fee that John was charged on his checking account.

<h3>What is an overdraft fee?</h3>

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The overdraft fee is usually paid to cover transactions if there are not enough funds in the account.

<h3>The checking account</h3>

This is a current account that lets deposit and easily withdraw for the sake of transactions.

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2 years ago
(a) how are bonds rated? (b) how are these rating helpful to the investors?​
Jet001 [13]

Answer:

a) Bond rating is done by evaluating and considering all the relevant internal as well as external factors associated with the financial status of a business.

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Explanation:

a) Bond-rating is the letter grading system that is used to indicate the quality of the credit-related to the bond of various organizations. Bond-rating is done by evaluating and considering all the relevant internal as well as external factors associated with the financial status of a business. Internal factors may include the financial strength of the organization. External factors may include various networks with interested investors and other government organizations and policies related to the same.

There are three important agencies that analyze the credit quality of a bond. These agencies are Standard & Poor's, Moody's, and Fitch rating Inc.

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7 0
3 years ago
Distinguish between corporate image and reputation​
My name is Ann [436]
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Inga [223]

Answer:

A. Input measures, process measures and output measures

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A project should have all of the following measures.

Input Measures

To ealuate the performance of the project we should measure the resource being used in the project.

Process Measure

In processing phase we should have controls over the resource to get the required output.

Output measure

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4 years ago
The government of Diarmina recently passed a law that requires foreign companies to partner with Diarminian companies if they wa
Orlov [11]

Answer:

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