1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivenika [448]
3 years ago
15

A machine was purchased for $35,500, having a useful life of 10 years, and a residual value of $6,000. Compute the annual deprec

iation expense using the straight-line method.
Business
1 answer:
Akimi4 [234]3 years ago
6 0

Answer:

Annual depreciation= $2,950

Explanation:

Giving the following information:

A machine was purchased for $35,500, having a useful life of 10 years, and a residual value of $6,000.

<u>To calculate the depreciation expense under the straight-line method, we need to use the following formula:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (35,500 - 6,000) / 10

Annual depreciation= $2,950

You might be interested in
By participating in as many newsworthy events as possible, such as visiting orphanages or disaster sites, candidates are often a
nikdorinn [45]
I would say in these cases where candidates are being seen at disaster sites or orphanages for example, they are attempting to catch media attention for their apparent humanitarian qualities and thus garner support amongst the voters.
6 0
2 years ago
In collaborative problem solving, it is important for the initiator to:
Solnce55 [7]

Answer:

The correct answer is B

Explanation:

Collaborative Problem Solving is the tool or a technique which is used for solving the problems and it makes the explicit respond.

The initiator is the person who initiates the response in the problem in order to solve the problems.

So, the vital as well as primary thing for the initiator is to avoid making the evaluative or measured conclusions as well as attribute the motives or purpose to the respondent, whose query it is.

3 0
3 years ago
Ashton, an appraiser, is estimating value using the sales comparison approach. He applies more weight to two comparables over se
alexandr402 [8]

When Ashton, the appraiser applies more weight to two comparables over several others he used, he is utilizing the: Correlation method.

<h3>What is the Correlation Method?</h3>

The correlation method is the method utilized in the sales comparison approach where more importance is given to two properties being compared against some others.

The sales comparison approach itself is used in analyzing the worth of a property by comparing it to others that have been sold in recent times.

Learn more about the sales comparison approach here:

brainly.com/question/14497595

6 0
2 years ago
The lack of competition within a monopoly means that
nexus9112 [7]
The company could make the prices as high as they want. This is also means the company basically rules the business.
5 0
3 years ago
Read 2 more answers
Customer value creation is made possible by __________, the practice of building ties to customers based on a salesperson's atte
Vinil7 [7]
Relationship selling, or the concept of Relations Marketing.
4 0
3 years ago
Other questions:
  • Malkin corp. has no debt but can borrow at 8.75 percent. the firm’s wacc is currently 16 percent, and there is no corporate tax.
    13·2 answers
  • Black owned and resided on the premises at 1803 North Monroe Street in the city of Lawn. He had purchased the house from Green i
    5·1 answer
  • An outside supplier has offered to make and sell the part to the company for $24.10 each. If this offer is accepted, the supervi
    10·1 answer
  • Bill owns a company called Wild Bill's Bracelets that sells custom jewelry. He launched a Search campaign to drive sales of his
    8·1 answer
  • The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Great Bay Boats. The r
    13·1 answer
  • if estimated land value is 225,000 total net operating income is 85,000 and interest on the estimated land value is 14% per year
    8·1 answer
  • InSeason Inc. started a chain of organic supermarkets that had initial success. The managers achieved a mastery of the firm's cu
    8·1 answer
  • A tool that has been __________defective will creates headache and irritation. *
    6·1 answer
  • The company has 7 million shares of common stock outstanding. The current share price is $68, and the book value per share is $8
    9·1 answer
  • upton industries has revenues of $42,629, interest expense of $1,230, depreciation of $2,609, cost of goods sold of $23,704, div
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!