Answer:
Depreciation Expense for 2018; $10,528.57
Explanation:
On January 2, 2016
machine cost = $100,000
Useful life = 10 years
Annual depreciation = ($100,000 - $6000)/10
= $9,400
By early 2018,
Carrying amount of the machine
= $100,000 - 2($9,400)
= $100,000 - $18,800
= $81,200
Useful life is reassessed to 7 years (rather than 8) with a salvage value of $7,500
Annual Depreciation = ($81,200 - $7,500)/7
= $73,700/7
= $10,528.57
Depreciation Expense for 2018; $10,528.57
Answer:
The correct answer is letter "B": Imports have grown faster than exports, and the United States has become a net importer.
Explanation:
International trade is not just a major engine of the U.S. economy, but for the global economy. The total trade share in terms of the global Gross Domestic Product was 25% in 1960 and it has raised to 56% in 2017. Though, imports have surpassed the level of exports, making America be a net importer. Main imports are in the form of raw materials for the production of different goods mainly vehicles, and clothing.
Total= $159,552
Giving the following information:
The company has budgeted to sell 15,600 Debs in February.
Sales commissions $ 0.96*15,600= 14,976
Shipping $ 1.46 *15,600= 22,776
Executive salaries $ 60,600
Depreciation on office equipment $ 20,600
Other $ 40,600
Total= $159,552
Answer:
Which fact supports the idea that renting is a good option for living in a place for a short period of time?
The idea about renting is a good option as far is for a short period of time which enables one to increase savings which would lead to accumulation of more savings before getting ones permanent residence.
Explanation:
