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qaws [65]
3 years ago
10

The Upjohn Company purchased new packaging equipment with an estimated useful life of five years. The cost of the equipment was

$55,000, and the salvage value was estimated to be $5,000 at the end of year 5. Compute the annual depreciation expenses over the five-year life of the equipment under each of the following methods of book depreciation:a.Straight-line methodb.Double-declining-balance method
Business
1 answer:
egoroff_w [7]3 years ago
3 0

Answer: a). Straight line method = $10,000. b). Double declining balance method = $20,000.

Explanation: Depreciation is the weat and tear of an asset over the useful life. There are several methods of depreciation. They include; straight line method, double-declining method, units of production method and so on.

Straight line method = (cost - salvage value)/ useful life

= (55000 - 5000)/5 = 50000/5

= $10,000

Double-declining balance method = straight line method × 2

= $10,000 × 2

= $20,000

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Yoshi operates a shoe store as a sole proprietorship. However, he is in poor health and may be unable to continue running the bu
Shalnov [3]

Answer:

A. ceases to exist unless sold or taken over by Yoshi's heirs. 

Explanation:

A sole proprietorship is a from of business which is owned by one person. The owner is usually the decision maker.

One of the disadvantages of sole proprietorship is lack of continuity. The business usually ends when the owner dies. Although , family members can take over running the business.

I hope my answer helps you.

6 0
3 years ago
1. You’ve been hired by Nielsen Company to study the market for potatoes. Demand in the potato market is characterized by the de
icang [17]

Answer:

P = MR = 1

Explanation:

The demand function is q = 25 - 12p.

The  total income is the price of potatoes multiplied by the quantities of potato --> P * Q

p*q = p*(25-12p)

p*q = 25p - 12p^2

the first derivative of the previous equation is the marginal revenue. In perfect competition the Price = Marginal revenue.

First derivative of total income ---> 25-24p

And MR = P

25-24p=p

25=25p

<h2>p=1</h2>

8 0
3 years ago
Drag the tiles to the correct boxes to complete the pairs.
Sonbull [250]

Answers:

F h Garvey

Explanation:

Dfffd

4 0
3 years ago
A new product made from recycled bio-plastics needs 25 labor hours to complete the build for the first unit. If production opera
Zigmanuir [339]

Answer:

166.25 hours

Explanation:

It take 25 hours if the production is going at 100% capacity, but the production is only going at 67%, therefore, 33% of the capacity is under utilized. It takes 8.25 more hours to finish the unit since the capacity is only at 67%. Finally, it takes 25+8.25 hours to finish a single product, hence taking 166.25 hours for 5 units.

We do this like this:

--> 25 ------ 100

--> X   ------ 33

--> 33*25 = 100*X

--> 825/100

--> X=8.25

Hope this clears everything. Thankyou.

7 0
3 years ago
Which of the following best defines an in-text citation?
Thepotemich [5.8K]

<u>An in-text citation(a) A brief quotation from an outside author's work that leads the readers to works by the same author.</u>

Explanation:

An in-text citation is a reference which is made within the body of text of an academic writing .

It is the  in-text citation that  alerts the reader about a source that has informed your own writing. The exact format of an in-text citation will depend on the style you need to use, for example, APA,MPA style

An in-text citation is used  to, summarize, paraphrase, or quote from another reference source.

For Example :-In APA style in-text citation  uses the author's last name and the year of publication, like (tsield, 2008). For direct quotations, include the page number as well  (tsield, 2008, p. 18).

<u>An in-text citation(a) A brief quotation from an outside author's work that leads the readers to works by the same author.</u>

6 0
3 years ago
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