Answer:
c. $10,000
Explanation:
Depreciation per year = (Cost of equipment - Salvage) / useful life
Depreciation for 1 year (Jan 1,2006 - Jan, 2007) = (60000-0)/3 = 20,000
However, on January 2007, the remaining useful life will change from 2 years to 5-1 = 4 years
Beginning 2007,
accumulated depreciation = 20,000
Remaining Book value of equipment = 60,000 - 20,000 = 40,000
Depreciation for Year 2007 will be = ($40,000 -0)/4 = $10,000
Answer:
Option: U.S. Defense spending increased.
Explanation:
The involvement of the United States after the Second World War increased as they tried to stop communism. America promoted to a strong military with supportive of the MX missile system and the Strategic Defense Initiative program. During the presidency of Reagan, the administration carried military buildup a to compete with the Soviet Union and further in advancing too. The Strategic Defense Initiative was a U.S. missile defence program played a very prominent role in the United States and Soviet relations in the 1980s.
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Answer:
58,500
Explanation:
Given the information above, the formula for Inventory loss is
Inventory loss = Opening inventory + Purchases - Cost of sales
Where,
Cost of sales = $432,000 × 100 ÷ 160
=$270,000
Since opening inventory = $153,000
Purchases = $175,500
Therefore,
Inventory loss = $153,000 + $175,500 - $270,000
= $58,500
Answer:
Explanation:
There are three ways to propagate a plant: dividing (separating an already growing plant into two), rooting a leaf (typically done with succulents), or rooting a cutting (a small stem with leaves).