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Masteriza [31]
3 years ago
10

Stear Corp. bought a machine on January 1, 2012 for $37,500. The company follows a policy of calculating depreciation using the

Written-Down-Value method at 8% per annum. The accounting period of Stear Corp. is from January to December. What will be the amount of depreciation added to the Accumulated Depreciation Account for the year 2013?

Business
2 answers:
Alla [95]3 years ago
8 0

Answer:

The answer would be $5,760

Explanation:

Written-down-value method (WDV) is calculated using the following formula: WDV= (Asset cost- Asset savage value)* Depreciation rate in %

at the end of 2012, Asset cost = $37,500; savage value = 0; depreciation rate= 8%

Therefore, at the end of 2012, the depreciation is calculated as follows:

WDV= 37,500* 8% = $3,000

At the end of 2013, asset cost =37,500: savage value =37500-3000= 34,500; depreciation rate= 8%

WDV = 34500 *8= $2,760

The amount of depreciation to be added to the accumulated depreciation account for the year 2013 will be the sum for the two years.

That is,  $3,000+$2,760= $5,760

Nonamiya [84]3 years ago
5 0

Answer:

Update: It is B.

Well it is definitely not C or D.

I have tried both and got it wrong each time.

Explanation:

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The following are national income account data for a hypothetical economy in billions of dollars: government purchases ($1,050);
zimovet [89]

Answer:

Percentage of Personal consumption expenditures is 70.07%

Explanation:

The most common way to measure the national income account is gross domestic product (GDP)

GDP = C + I + G + (X – M) or

GDP = private consumption + gross investment + government investment + government spending + (exports – imports).

government purchases ($1,050) is government spending

personal consumption expenditures ($4,800) is private consumption

imports ($370)

exports ($240)

gross private domestic investment ($1,130) is gross investment

GDP = $1,050 +$4,800+$1,130+$240-$370=6.850

Personal consumption expenditures proportion  is $4,800/6.850=0,7007

in %= 70.07%

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3 years ago
Which of the following is a difference between customized services and standardized services?
Verizon [17]

Answer:

The correct answer is the letter a. Standardized services are more efficient and cost less than personalized services.

Explanation:

The personalized services are those provided according to the characteristics of each person, that is, we seek to individualize the service to meet customer needs. Standardized services refer to services provided equally to all customers, not seeking individualization. In this respect, standardized services are more efficient and cost less, as the individual cost of service does not change, leading to lower costs as the quantity of services sold increases.

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Fine Lines Inc. is a notebook manufacturing company based in Ohio. Fine Lines' main market is Ohio. It aims at providing its pro
likoan [24]

Answer:

a.mechanistic

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8 0
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An increase in interest rates causes the local currency to appreciate. In comparison to domestic goods and services, import prices decline. Exports see a decline in profitability and competition. Exports decline while imports rise, reducing the net export portion of total demand and spending.

To learn more interest rate would cause a fall in net exports and a RISE  about:

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