1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
solniwko [45]
3 years ago
13

A plant asset was purchased on January 1 for $40,000 with an estimated salvage value of $8,000 at the end of its useful life. Th

e current year's Depreciation Expense is $4,000 calculated on the straight-line basis and the balance of the Accumulated Depreciation account at the end of the year is $20,000. The remaining useful life of the plant asset is
a. 10 years.
b. 8 years.
c. 5 years.
d. 3 years.
Business
1 answer:
Lady_Fox [76]3 years ago
3 0

Answer:

b. 8 years.

Explanation:

We solve this with the formula for straight line depreciation:

\frac{cost - salvage }{useful \:\: life}

We plug our values and solve

\frac{40,000 - 8,000 }{useful \:\: life} = 4,000

\frac{32,000}{4,000} = useful \:\: life

useful life:  8 years

You might be interested in
Please help! :)
Slav-nsk [51]

Answer:

True.

Explanation:

Arbitration and mediation are two alternative ways of resolving legal conflicts, that is, they are alternatives to judicial litigation.

Thus, arbitration involves the selection of an impartial third party (similar to a judge), who will decide through an award who of the parties is right, basing his decision on law, morals, ethics or common sense.

For its part, mediation involves a negotiation between the parties, assisted by a third party, the mediator, who will seek to reach an agreement.

Both alternatives imply that a lawsuit is not initiated, which in itself entails a notable economic and time saving for the parties in conflict.

6 0
2 years ago
Webster is a talented baker and has a degree in business management. He wants to own his own chain of incorporated bakeries one
Ludmilka [50]

Answer: High up-front costs.

Explanation:

Webster's limitation to owning a chain of incorporated bakeries would be the high up-front cost or capital needed to start up the company.

The up-front costs as in the case of the question is the money needed to start up the bakery company.

3 0
3 years ago
Assume that a U.S. firm considers investing in British one-year Treasury securities. The interest rate on these securities is 12
MArishka [77]

Answer:

equal to the british interest rate

Explanation:

Data provided in the question

The Interest rate on these securities = 12%

In the U.S, the interest rate = 10%

Also the spot rate for today would become suitable for the spot rate

Based on the above information, the effective yield on the british securities would be equivalent to the british interest rate and hence the same is to be considered

7 0
2 years ago
Human rights violations​
Ganezh [65]

Answer:

Examples include torture, starvation, deprivation of religion, abortion, etc.

Explanation:

I don't know if that's what you need. I can give more examples.

6 0
3 years ago
What is the sum?<br>8+(-12)<br>0 -20<br>-4.<br>20​
Liula [17]

Answer:

is it negative 8? let me know if u get it rt

3 0
3 years ago
Other questions:
  • A manager of a monopoly firm notices that the firm is producing output at a rate at which average total cost is falling but is n
    8·1 answer
  • In order to sell a product at a profit, the product must be priced higher than the total cost to build the unit, plus period exp
    12·1 answer
  • Alex is a production manager who believes his firm uses more of all types of resources than is necessary to produce its products
    5·1 answer
  • The decision making process followed by consumers to maximize utility assumes that
    12·1 answer
  • Even though eggs are a significant source of cholesterol, what other information on the nutrition label should tom consider if h
    9·1 answer
  • Government transfer payments:A) are included as part of government purchases, G.B) can be viewed as negative tax payments, T.C)
    11·1 answer
  • Chevron Corporation is one of the largest integrated oil companies in the world. Its management is assessing the world marketpla
    12·1 answer
  • Out of all colors which two go together​
    12·1 answer
  • Star co.had sale revenue £540000 in 2015
    8·1 answer
  • Firm X has total earnings of $49,000, a market value per share of $64, a book value per share of $38, and has 25,000 shares outs
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!