1. Of the following statements, which one or ones describe actions harmful to your credit score?

E9-6 Computing Depreciation under Alternative Methods [LO 9-3] Solar Innovations Corporation bought a machine at the beginning o

USPshnik [31]

Answer:

Straight line method result the $14,000 highest net income in 2nd year.

Explanation:

According to the scenario, computation of the given data are as follows:-

Straight Line Method Depreciation Method = (Purchase Value - Residual Value) ÷ Useful Life

= ($22,000 - $2,000) ÷ 5

= $20,000 ÷ 5 = $4,000

Straight Line Method:-

Year Cost($) Dep. Amount/ year Accumulated Dep. Book Value

1 22,000 4,000 4,000 18,000

2 22,000 4,000 8,000 14,000

3 22,000 4,000 12,000 10,000

4 22,000 4,000 16,000 6,000

5 22,000 4,000 20,000 2,000

Unit of Production Method:-

Year Cost Units Calculation Of Dep. Dep. Amount/Year Accumulated Dep. Book Value($)

1 22,000 2,000 (22,000-2,000)×2,000÷10,000 4,000 4,000 18,000

2 22,000 3,000 (22,000-2,000)×3,000÷10,000 6,000 10,000 12,000

3 22,000 2,000 (22,000-2000)×2,000÷10,000 4,000 14,000 8,000

4 22,000 2,000 (22,000-2,000)×2,000÷10,000 4,000 18,000 4,000

5 22,000 1,000 (22,000-2,000)×1,000÷10,000 2,000 20,000 2,000

Total 10,000

Calculation of Depreciation = (Machine Value - Residual Value) × No. of Unit ÷ Total Unit

Straight line method result the $14,000 highest net income in 2nd year.

6 0

3 years ago

Pug Corporation has 11,000 shares of $10 par common stock outstanding and 21,000 shares of $100 par, 5% noncumulative, nonpartic

kow [346]

Answer:

the dividends per share for preferred and common is $5 and $5.45 respectively

Explanation:

The computation of the dividend per share for both stocks is as follows:

For preference one

= 5% of $100

= $5

And, for common one

= ($165,000 - (21,000 × 100 × 5%)) ÷ (11,000 shares)

= $5.45

hence, the dividends per share for preferred and common is $5 and $5.45 respectively

4 0

2 years ago

Switch to your low-beam headlights when you are driving within ______ of a vehicle you are following.

xeze [42]

When you are driving within 200-300ft of a vehicle you are following

3 0

2 years ago

The proper sequence of events for a referee to take if a coach refuses to start play with both teams on the ice, after the game

Sveta_85 [38]

Answer:

A. True

Explanation:

The proper arrangement of the events for a referee for taking in the case when a coach deny for starting play with the both teams on the ice and after the game has started the captain would be warned with 15 seconds for comply and it should be warn again with 15 seconds now the game is suspended and it analyze the penalty of the match to the head coach and report the same to the proper authorties

So the above represent true

4 0

2 years ago

Phyllis Stintson needs to decide whether to start a campaign against deforestation in Indonesia. Though her research team has pr

Helen [10]

Answer:

B) intuition

Explanation:

Analyzing the scenario above, it is clear that Phyllis Stintson performed the decision-making process according to her intuition.

It is possible to perceive the use of intuition as the question provides information that he made the decision by drawing unconscious references from several different experiences in the past.

Intuition can be an important skill for leaders, who need to make decisions that are increasingly quick and important for the success of an organization, so it is important that a leader's self-awareness is a valued characteristic, because from self-awareness the leader has greater emotional control over his experiences, his intuition, his knowledge and other essential characteristics which will be useful to base an important decision-making process.

7 0

2 years ago