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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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anson Corporation Co.'s trial balance included the following account balances at December 31, 2021: Accounts receivable $13,800
natulia [17]

Answer:

$90,350

Explanation:

Accounts receivable $13,800 ⇒ current assets

Inventory 42,000 ⇒  current assets since the company expects to sell them in less than a year

Patent 12,200 ⇒ intangible non-current asset

Investments 30,700 ⇒ current asset since they mature in less than one month

Prepaid insurance 7,700 ⇒ only half of it is considered a current asset since it covers a 2 year period

Notes receivable, due 2024 51,800 ⇒ non-current asset

total current assets = $13,800 + $42,000 + $30,700 + ($7,700/2) = $90,350

8 0
4 years ago
Most of the time required to maintain an e-commerce site is spent on?
Julli [10]

Most of the time required to maintain an e-commerce site is spent on general administration and making changes and enhancements to the system.

Demanding situations in constructing a a hit e-trade presence? so as from beginning to give up, the fundamental steps. structures analysis/planning; structures layout; constructing the device; checking out; and implementation.

All the following are easy steps for optimizing web page content material that could lessen reaction times except: segmenting computer servers to carry out committed functions. Which of the subsequent is the minimal system structure requirement for an e-trade website that

E-commerce is the shopping for and selling of goods and services, or the transmitting of finances or facts, over an electronic community, basically the internet. The negative aspects of e business includes the lack of interpersonal relations between clients and commercial enterprise enterprise as they do not know about the bodily lifestyles of each different and it isn't always suitable wherein consumer requires personalised services. protection is a chief challenge in pursuing e-commerce sports.

Learn more about e-commerce here:-brainly.com/question/23369154

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7 0
2 years ago
The following lots of Commodity Z were available for sale during the year.
quester [9]

Answer:

The year end closing inventory is $1256

Explanation:

The LIFO or Last In First Out method of inventory valuation follows that the latest or last purchased inventory will be the one that is sold first. Thus, under this method, the inventory that is purchased at start will be the one that will be left at the end and will form up the ending inventory.

The ending inventory of 24 units means that these units will comprise of inventory from the beginning of the period.

Thus, out of these 24 units, 8 units will be from the beginning inventory and the remaining from the first purchase (24 - 8 = 16).

The cost of ending inventory will be,

8 units at $49 per unit =   $392

16 units at $54 per unit  = $864

The total amount of closing inventory is = 392 + 864 = $1256

5 0
3 years ago
Brandon is a college freshman who dreams of managing a chain of national hotels. Which job would best help him achieve his goal?
laiz [17]

Answer:

B

Explanation:

5 0
3 years ago
Read 2 more answers
What should you do if you determine the root cause and find that it is out of your control?
Anvisha [2.4K]

Answer:

The correct answer is the option A: Nothing. Once you determine the root cause, your work is done whether it is in your control or not.

Explanation:

To begin with, the question is related to what is called "Root Cause Analysis" known in the management field as a process by which the managers tend to identify what cause a problem by looking deeply into the root of it thanks to an excesive analysis done by a team. It is necessesary to clarify that the main purpose of this method is just to identify the problems' root and from there to come out with solutions regarding the situation if able, but it is not the point of the analysis to take action or to implement those solutions. So therefore that if the situation turns to be out of the control of the person responsible for the analysis then there is nothing he could do because his job has already been done.  

8 0
3 years ago
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