Which situation best illustrates the concept of scarcity?

Bina Co. purchased a vehicle on January 1st for $15,000 and estimates it will use the vehicle for eight years with a $3,000 salv

zhuklara [117]

Using the double declining-balance depreciation method, the vehicle's second year depreciation expense is: $2,812.50.

<h3>Second year depreciation expense </h3>

First step is to calculate the first year depreciation expense

First year depreciation expense=15,000×(100%/8 x 2)

First year depreciation expense=15,000 x 25%

First year depreciation expense=3,750

Second step is to calculate Second year depreciation expense

Second year depreciation expense = (15,000-3750) x 25%

Second year depreciation expense=11,250x 25%

Second year depreciation expense =2812.50

Therefore Using the double declining-balance depreciation method, the vehicle's second year depreciation expense is: $2,812.50.

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8 0

1 year ago

Following is information on two alternative investments being considered by Jolee Company. The company requires a 6% return from

Tema [17]

Answer and Explanation:

The computation of the net present value is presented in the attachment below:

For project A, the net present value is $91,771.53 and for project B, the net present value is $79,390.69

It is computed after considering the discounting factor that comes from

= 1 ÷ (1 + discount rate)^number of years

for year 1, it is

= 1 ÷ (1 + 0.06)^1

The same applied for the remaining years

6 0

3 years ago

Which of the following are arguments that are given to support trade barriers?

Roman55 [17]

Answer:

E To prevent dumping

Explanation:

There are several arguments that are given to support trade barriers; one of which is to prevent dumping. A country would place embargo on imports with respect to some of the goods that are produced in her country. This is to enable and encourage local production of such goods. Where a country permits importation of goods that are produced locally, such action could being down the efforts of local production ; hence local industries might not thrive in terms of production.

Also, placing embargo on the importation of goods that are produced locally in a country would take away the possibility of making the country for dumping ground in terms of goods that are not up to standard, produced in a foreign country and same would have been imported.

5 0

3 years ago

Which account has the lowest minimum balance requirement? Bank Account Terms and Conditions Account A Account B Account C Accoun

Sedaia [141]

Answer:

d

Explanation:

3 0

3 years ago

Read 2 more answers

The opportunity cost of tesla's investment in a new battery factory in nevada is

Alex787 [66]

I believe the answer is: D. <span>what the company considered to be the best-foregone option to the factory.
The creation of new type of battery would cost Tesla a huge amount of capital that would definitely impact the amount of their profit for several operating years. The difference in profit between prior and after new battery would be the opportunity cost that must be taken by Tesla.</span>

5 0

3 years ago