Answer:
A. $57,000
B. Depreciation rate per mile is $0.19
C. Depreciation is $14,630
Explanation:
a. cost of the truck less the residual value.
Cost of the truck $69,000
Less: Residual value <u>$12,000</u>
$57,000
b. Depreciation rate per mile is computed by dividing cost of the truck less the residual value over the estimated useful life.
$57,000 / 300,000 miles = $0.19
c. Units-of-activity depreciation for the year is computed by multiplying miles driven for the year by depreciation rate per mile.
77,000 miles x $0.19 = $14,630
Answer:
farther to the right than temporary tax cuts
Explanation:
The permanent tax cuts have more impact on consumption spending than temporary one. A permanent tax cut raises the expected lifetime wealth and increases autonomous consumption, thus leading to an upward shift of the consumption function. Consequently the permanent tax cuts shift the AD curve farther to the right compared to the temporary tax cuts.
USDA actually has several stickers/labels/stamps that could have different meanings. However, the sticker most likely indicates that the chicken has passed for inspection while the grading stamp means that the poultry processor also requested to have the quality of the chicken evaluated and graded.
The USDA has separate programs for the inspection and for the grading of meet. The former is mandatory and guarantees the wholesomeness of the meat. This means that the animal from which the meat was taken from is not diseased and that the meat is clean and fit for human consumption. Inspection programs are paid for by public funds.
However, USDA also has a grading program, which is paid for by the meat processors. The grading program checks and classifies the meat according to its quality (e.g. flavor, juiciness, and tenderness). Poultry with a Grade A poultry for example is one which does not have "defects" such as feathers, discoloration and bruising.
Answer:
accounts payable 2,000 debit
cash 2,000 credit
salaries expense 1,200 debit
cash 1,200 credit
Equipment 39,000 debit
cash 39,000 credit
utilities expense 800 debit
cash 800 credit
B-Valdez drawins 4,500 debit
cash 4,500 credit
Explanation:
In all cases the company is using cash. It is performing a cash disbursements thus we credited.
In the debit side we post what we receive or destination of the cash.
Like, equipment, salaries expense and so on.
