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const2013 [10]
3 years ago
9

Which of the following estimates are required when calculating depreciation expense? 1. Depreciation rate 2. Useful life 3. Expe

cted maintenance costs 4. Salvage value
Business
1 answer:
boyakko [2]3 years ago
8 0

Answer:

These are required to calculate a depreciation expense on an asset:

1. Depreciation rate - the speed at which an asset becomes obsolete. Some assets depreciate faster than others, for example cars lose value more rapidly than houses.

2. Useful life - is the amount of time that the asset is expected to provide economic benefits for the firm. In the case of a computer, for example, average useful life is around 3 to 5 years depending on the company.

4. Salvage value - this is the residual value that the asset will have once its useful life has run out. A company needs this value to calculate the depreciable amount (which equals initial value - salvage value).

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(Part 1) If Malaland exports $59 billion in goods to Bursia, and Malaland imports $42 billion of goods from Bursia , what is the
lilavasa [31]

Answer:

Explanation:

Trade balance formula = Country’s Exports – Country’s Imports.

If Malaland exports $59 billion in goods to Bursia, and Malaland imports $42 billion of goods from Bursia , what is the goods trade balance for Malaland? $ 17 billion

What is the best way to describe Malaland's goods trade balance?

It is a positive trade balance; good's exports are greater than good's imports. Malaland companies will receive more capital and this can translate into a higher standard of living for the Malaland population.

If Malaland exports $44 billion in services to Bursia, and imports $49 billion of services from Bursia, what is the services trade balance for Malaland? $-5 billion.

What is the best way to describe Malaland's services trade balance?

It is a negative trade balance; service's imports are greater than service's exports. This could lead to protectionist measures that in the long run increases consumer prices, reducing living standards of Malaland population.

What is the overall balance of trade for Malaland if it exports $44 billion in services and $59 billion in goods while importing $49 billion in services and $42 billion in goods? $12 billion

What is the best way to describe Malaland's overall trade balance?

It is a positive overall trade balance. Even though, there are more services imports than exports, good exports are greater than good's imports. Malaland companies will receive more capital  and this can translate into a higher standard of living for the Malaland population.

8 0
3 years ago
As of March 12, 2020 the yield to maturity on 30 year US Treasury Bonds was 1.44%. On the same date, the yield to maturity on 30
noname [10]

Answer:

The forecast inflation rate is implied by these interest rates is 1.13%

Explanation:

when dealing with inflation, we have that:

(1 + nominal interest rate) = (1 + real interest rate) * (1 + inflation rate)

                              1.0144 = 1.0031 * ( 1 + inflation rate)

                   inflation rate = 1.0144/1.0031 - 1

                                         = 1.13%

Therefore, The forecast inflation rate is implied by these interest rates is 1.13%

7 0
3 years ago
wgu A real estate agent representing the buyer tells the seller that the buyer would be willing to pay much more than the asking
yKpoI14uk [10]

Answer:

The correct answer is Duty of loyalty.

Explanation:

The corporate sphere bears an important analogy with the contractual one, in the sense that in both the agreements of the parties and the provisions of the law must be fulfilled, that is, there is a duty of loyalty of the partners and a duty of loyalty of the administrators. However, any action carried out by a subject, over and above private covenants or regulatory provisions, must follow a standard of conduct that imposes a certain ethical behavior in legal relationships, that of good faith.

Therefore, and without delving into the normative level, noting that behaving under the strict principle of good faith with society would be the partner's main duty. Here it is possible to know the concrete scope of this principle as a source of special duties for the parties in the corporate sphere. Thus, a duty-generating principle is derived from it: cooperation, information and protection.

7 0
3 years ago
On August 1, Batson Company issued a 60-day note with a face amount of $58,800 to Jergens Company for merchandise inventory. (As
Trava [24]

Answer:

a. $58,800

b. $57,820

Explanation:

Generally, notes are issued on the discounted or face value. It is face value when the price of the note is the same as the face value while it is discounted when the price of the note is lower than the face or par value.

a. Since the note is issued on the face value of $58,800 , it means that the proceed is the same amount. The proceeds from a note that is issued, is that price at which the note is issued.

b. Discount value

= $58,800 × 10% × 60/360

= $980

Proceeds

= Face/par value of the note - Discount value of the note

= $58,800 - $980

= $57,820

5 0
3 years ago
Monopolistically competitive markets are characterized by a large number of firms A economies of scale B standardized products C
zavuch27 [327]

Answer:

The answer is B. standardized products

Explanation:

Monopolistic Competition has the following characteristics :

1. There large numbers of buyers and sellers

2. The products offered by sellers are close substitutes for the products offered by another seller.

3. The costs associated with entry and exit are low.

4. Sellers differentiate their products through advertising, branding etc.

Know that the most distinguishable factor in this market is product differentiation or standardized products.

The extent to which the seller is successful in product differentiation determines pricing power in the market.

The demand curve in this market is downward sloping i.e increase in price will lead to decrease in quantity demanded. This market is similar to perfectly competitive market.

The economic profit will fall to zero in the long run because the entry costs are not high.

7 0
3 years ago
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