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
lidiya [134]
3 years ago
10

Depreciation

Business
1 answer:
Kitty [74]3 years ago
6 0

Answer:

A) allocates the cost of an asset..

You might be interested in
Assume that, on January 1, 2021, Matsui Co. paid $1,795,200 for its investment in 74,800 shares of Yankee Inc. Further, assume t
mixas84 [53]

Answer: $1,852,320

Explanation:

First find out the proportion owned by Matsui.

= 74,800 shares / 220,000

= 34%

The investment at the end of the year is:

= Cost of investment + Shares of net income - Share of dividend

Share of income:

= Percentage ownership * Net income

= 34% * 240,000

= $81,600

Share of dividend:

= 34% * 72,000

= $24,480

Investment at end of year:

= 1,795,200 + 81,600 - 24,480

= $1,852,320

8 0
3 years ago
Powers Corporation has provided the following information for its most recent month of operation: sales $16,000; ending inventor
Elza [17]

Answer:

The beginning inventory was  $2000.

Explanation:

First, we need to calculate the Cost of Goods sold. The cost of Goods sold is the difference between the Sales and the gross profit. Thus, the cost of goods sold is 16000 - 10000  =  $6000

The value of the beginning inventory for the period can be calculated by using the Cost of Goods sold formula. The cost of goods sold is calculated as:

Cost of goods sold = Beginning inventory + Purchases - Closing Inventory

Plugging in the available figures in the formula,

6000  =  Beginning Inventory  +  8000  -  4000

6000 = Beginning inventory + 4000

6000 - 4000 = Beginning Inventory

Beginning Inventory = $2000

7 0
3 years ago
Which of the following hitches are allowed home depot
IceJOKER [234]
Post a picture or something because that doesn’t make any sense
5 0
3 years ago
Survey data can be collected with questionnaries. Which type of question has a limited number of preselected responses?
Stella [2.4K]
No question has a limited number of questions
if this is wrong I apologize
6 0
3 years ago
What a example of a social news site
scoundrel [369]

Explanation:

  • It encourages people community to post their news
  • The news can be posted for a group or to a general public too
  • The group or the general public can comment on the news
  • The news which is interesting based on the reviews will be given the top priority

Example:

Reddit - A large site with huge number of user  

Digg - This is also quite popular and it has different categories of news where the user can view news based on his/her interest.

6 0
3 years ago
Other questions:
  • Indicate whether each of the following audit procedures is a test of controls, a substantive test, or dual-purpose test. Next, i
    6·1 answer
  • Describe at least four ways you can take money out of a checking account
    11·2 answers
  • If a taxpayer's pension or annuity includes contributions that were previously included in gross income, the taxpayer may genera
    7·1 answer
  • Ford Motor Company, one of the world’s largest automakers, reports the following income statement accounts for the year ended De
    12·1 answer
  • F the decrease in the supply of a product is greater than the increase in its demand, _____.
    12·1 answer
  • SAT scores generally fall _____ points above or below a student's true ability.
    15·2 answers
  • A manager who always achieves the tasks given to him or her, uses verbal putdowns and poor performance evaluations to motivate e
    14·1 answer
  • Without authorization, Brady uses the trademark of Ciera Coffee Company to promote cheap, flavorless candy, which is not similar
    10·1 answer
  • How long will it take my investment to grow calculator
    11·1 answer
  • Which characteristic is most important in identifying which data to collect for marketing research?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!