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34kurt
3 years ago
6

Crackling Fried Chicken bought equipment on January 2, 2016, for $21,000. The equipment was expected to remain in service for fo

ur years and to perform 3,600 fry jobs. At the end of the equipment's useful life, Crackling estimates that its residual value will be $3,000. The equipment performed 360 jobs the first year, 1,080 the second year, 1,440 the third year and 720 the fourth year.1. Prepare a schedule of depreciation expense, accumulated depreciation and book value per year for the equipment under the three depreciation methods. Show your computations. Note: Three depreciation scehduled must be prepared.

Business
1 answer:
rjkz [21]3 years ago
5 0

Answer:

Please see attachment

Explanation:

Please see attachment

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Martin Luther King, Jr. was argued that African-Americans should be more patient and that civil rights should not be for all.

<h3>Who is Martin Luther King Jr?</h3>

Martin Luther King Jr can be regared as an American Baptist minister as well as

activist who was the civil rights movement leader in 1955 .

Therefore, he stressed that African-Americans should be more patient and that civil rights should not be for all.

Learn more about Martin Luther King Jr at;

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3 years ago
Recently, Glenda Estes was interested in purchasing a Honda Acura. The salesperson indicated that the price of the car was eithe
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The rate of interest charged to Glenda would be 5.18% upon the payment of her car in five annual installments.

<h3>What is a rate of interest?</h3>

The percentage of interest charged over the principal amount of loan or advances for a particular period of time, is known as the rate of interest of such loan.

The computation of rate of interest using the formula and given information will be,

\rm Rate\ of\ Interest= \dfrac{Interest}{Principal\ x\ Time}\ x\ 100\\\\\rm Rate\ of\ Interest= \dfrac{7150}{138000}\ x\ 100\\\\\rm Rate\ of\ Interest= 5.18

Hence, the computation of the rate of interest is as aforementioned.

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8 0
2 years ago
A company purchased $9,500 of merchandise on June 15 with terms of 3/10, n/45. On June 20, it returned $475 of that merchandise.
mojhsa [17]

Answer:

The cash paid on June 24  is $8,754.25

Explanation:

The computation of the cash paid is shown below:

= (Merchandise purchase - returned goods) × ( 1 - discount rate)

= ($9,500 - $475) × ( 1 - 0.03%)

= $9,025  × 0.97

= $8,754.25

Since the company paid the amount within the discount period, so it can avail the discount benefit.

We deduct the discount rate from 1 as the percentage value is 100 so that accurate value can come.

6 0
3 years ago
Herzberg concluded from his studies that managers should focus on ____ factors to produce long-term dedication from their employ
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<span>C. Hygiene. If managers want long-term dedication from their employees, they need to focus on the office or job site environment, setting clear policies, assigning challenging work, and acceptable working conditions.</span>
8 0
3 years ago
Book Values versus Market Values In preparing a balance sheet, why do you think standard accounting practice focuses on historic
Pachacha [2.7K]

Answer:

Historical costs is objectively and precisely measured, whereas market values can be difficult to estimate, and different analysts would come up with different

values.

Explanation:

In preparing a balance sheet it is customary for a company to value the assets and other items based on historical costs rather than market values.

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This is more object than market value which varies at any one time.

Market value for an item will vary depending on location and the market.

6 0
3 years ago
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