Answer:
Accumulated depreciation= $276,000
Explanation:
Giving the following information:
On January 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years. The estimated residual value is $ 10,000.
Depreciable value= 700,000 - 10,000= 690,000
Straight-line depreciation= 690,000/5= $138,000
Accumulated depreciation= 138,000*2= $276,000
1. is credit card
2. is debit card
3. is card
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Answer:
Hello your question is incomplete attached below is a screenshot of the question
Answer: i) Darby is doing something wrong
ii) Ethic traps are : Money and Rationalization
Explanation:
Darby is doing something wrong because she is taking the benefits of H associates company for personal purposes. and this totally unethical behavior been exhibited by Darby
The ethics trap faced by Darby are :
Money ; Money is the most influential trap that makes employees engage in most unethical activities because Human beings want more money always
Rationalization : Darby is using the company's facilities for personal use because she feels that her usage of the facilities for personal use won't affect the company negatively
Answer:
True
Explanation:
The reason is that the opening inventory value of year 2 is the closing amount of the year 1. Its similar to the closing cash amount left in till at the end of year 1 is the opening amount at the year 2. So the opening inventory of year 2 is closing inventory of year 1. This means the closing inventory of year 1 has decreased by $10,000.
As we know that:
Cost of goods sold = Op. Inventory + Purchases - Cl. Inventory
This means if the closing amount increases the cost of goods decreases and in the given scenario the closing inventory of year 1 has been decreased which means that the cost of goods sold has increased which will decrease the profit. And if the profit decreases then:
Earning per share = Profit after tax (Decreased) / Number of share (Same)
As the profit has decreased the earning per share will also decrease.
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