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bezimeni [28]
4 years ago
13

1. Albacore Corporation purchased a new machine costing $27,600 on January 1, 2017. The machine is expected to have a $1,800 sal

vage value at the end of its useful life of six years.What is the depreciation expense that Albacore Corporation records for 2017 using the straight line method?
Business
1 answer:
docker41 [41]4 years ago
7 0

Answer:

Annual depreciation= $4,300

Explanation:

Giving the following information:

Purchasing price= $27,600

Salvage value= $1,800

Useful life= 6 years

To calculate the depreciation expense using the straight-line method, we need the following formula:

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

Annual depreciation= (27,600 - 1,800) / 6= $4,300

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Top salesperson Carl noticed that the new salesperson, Brandon, was struggling to make sales. Carl told Brandon that learning sa
GalinKa [24]

Answer:

The correct answer is A. coaching .

Explanation:

Coaching means instruct, teach, or train. In the sales environment, skills are required that allow a constant level of performance over time, and in the event that you do not have knowledge about a specific market, it is best to receive the training of an expert person. In the example, we see that Carl is a person with great knowledge of the market, and Brandon a beginning seller with many difficulties in closing sales. Your help is important because it allows Brandon to perform better.

5 0
3 years ago
Suppose that the price of chicken rises sharply compared to the price of turkey. In response, consumers buy more turkey and less
astra-53 [7]

Answer:

A.overstate; substitution

Explanation:

Consumer Price Index (CPI): is a measure that examines the weighted average of prices of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking the average of the price changes for each item in the predetermined  goods. Changes in the CPI are used to assess price changes associated with the cost of living therefore the CPI is used economist for identifying periods of inflation or deflation.

when we say the CPI overstate inflation; it is because of:

Substitution bias (when the price of a product in the consumer basket increases substantially, consumers tend to substitute lower-priced alternatives; Therefore, it tends to overstate inflation due to a lack of accountability ) and;

Quality bias (over time, technological advances increase the life and usefulness of products).

3 0
4 years ago
Hillward Bakers Inc. has been using a logo with the letters"HB-in blue color and a baker's hat above these letters since its inc
notsponge [240]

Answer:

B) Hillward can sue Hobert since the logo has been used by Hillward and is associated with it.

Explanation:

Since Hillwards logo is an elaborate piece of creative art, then they can sue Hobert for using their logo since it was associated directly to them during the past decade. Common logos are not usually protected by copyright unless they show significant creative artwork done.

It is always better and easier to protect a logo when it is a registered trademark but even if you haven't registered it you can still sue and win for infringement. When a company uses a logo, especially for a long time, it is establishing common law trademark rights.

4 0
4 years ago
n preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is
nalin [4]

Answer:

$34,000

Explanation:

Calculation for the Net cash provided by operating activities

Net income 52,000

Adjustments :

Add Depreciation expense 30,000

Less Decrease in Accounts payable (18,000)

Less Increase in accounts receivables (25,000)

Less Increase in inventories (5,000)

Net cash provided by operating activities $34,000

Therefore Net cash provided by operating activities was: $34,000

3 0
3 years ago
According to this credit report, how many accounts has Lillie had sent to collections?
Natali [406]

Answer:From the credit report the number of accounts that Lille has sent collections is 0. This is because she has sent not sent any to an account. What is a credit report? This is a report of how a persons credit activity is. It also tells about the financial standing of a person and how they are faring in terms of finance.

Explanation:

4 0
2 years ago
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