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Lubov Fominskaja [6]
3 years ago
8

On October 1, 2014, Mann Company places a new asset into service. The cost of the asset is $80,000 with an estimated 5-year life

and $20,000 salvage value at the end of its useful life. What is the depreciation expense for 2014 if Mann Company uses the straight-line method of depreciation?a. $3,000.b. $16,000.c. $4,000.d. $8,000.
Business
1 answer:
Lelu [443]3 years ago
3 0

Answer:

The correct answer is A.

Explanation:

Giving the following information:

On October 1, 2014, Mann Company places a new asset into service. The cost of the asset is $80,000 with an estimated 5-year life and $20,000 salvage value at the end of its useful life.

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

Annual depreciation= 60,000/5=12,000

3 months depreciation= 12,000/12*3= 3,000

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Answer: (A) Assistant project managers

Explanation:

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 The main responsibility of the assistant project  managers is to supporting the given function of the project and execute the given project.

According to the given question, a typical project office is basically responsible for managing the large projects which include both the project manger and the assistant project managers.  

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3 years ago
If an organization sets the marketing objective of maintaining uniformity and strong centralized control over its marketing acti
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Answer:

standardization

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3 years ago
The Whole Foods chain of supermarkets has stated, "With great courage, integrity, and love, we embrace our responsibility to co-
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<em>As</em> the whole foods communicated that they don't want any harm towards the planet and claim themselves as responsible ones to care for this planet, it suggests that this is their value statement.

3 0
3 years ago
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UkoKoshka [18]

Answer: C- Alzania's neighbor exported half its production of cotton that year

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6 0
3 years ago
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