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Anna35 [415]
3 years ago
9

* Round all answers to the nearest dollar Your company buys a tower crane for $900,000 on January 1, 2019. It has a 20 year life

, it's expected salvage value is $20,000, and total estimated usage is 20,000 hours. Assuming you use straight line depreciation how much is the depreciable amount? $
Business
1 answer:
evablogger [386]3 years ago
4 0

Answer:

Depreciable amount= $880,000

Explanation:

Giving the following information:

Your company buys a tower crane for $900,000 on January 1, 2019. It has a 20-year life, it's expected salvage value is $20,000.

To calculate the annual depreciation, we need to use the following formula:

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

Annual depreciation= (900,000 - 20,000)/20= $44,000

Depreciable amount= original cost - salvage value= 880,000

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Personal Selling is :
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Answer:

Option A. The two-way flow of communication between a buyer and seller, often in a face-to-face encounter, designed to influence a person’s or group’s purchase decision.  

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3 years ago
Bonnie is writing a cover letter for a job application. She has written the introduction describing her strengths. However, she
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3 years ago
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The smallest deed is better than the greatest intention meaning
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<span>"The smallest deed is better than the greatest intention"

Here's my look on this saying:

Many of people, including myself have talked about our great intentions to impact somebody or some place. We might intend to do something, but forget about the importance of following through with those intentions. It is far better to make time to complete small good deeds than to spend your time talking about what you will do “one day.” This can be brought back to the quote, "No deed is too small the be appreciated". No matter how much good we intend to do, it will never compare, in all actuality, to how much good we actually do.

Thank you for your question! I hope this helped! Have an amazing day! :D

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the answer to this question is 4.70%

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