Answer:
D. $156,000
Explanation:
Cost = $400,000
Residual value = $10,000
Useful life = 5 years
Now,
Annual straight line depreciation =
Annual straight line depreciation =
Annual straight line depreciation =
Annual straight line depreciation = $78,000
Annual depreciation expense is transferred to the accumulated depreciation. Thus, accumulated depreciation is sum of depreciation expense charged over the useful life of the asset.
Depreciation table has been constructed to compute the accumulated depreciation on 31st December 2017.
Your answer would be B. The price will go up because supply is low.
The principle that's illustrated by the gas tax is known as the benefit received principle.
<h3>What's a tax?</h3>
It should be noted that a tax is a compulsory payment that generate revenue to the government.
In this case, a gas tax imposed by some states in which those who use the roads more pay more to maintain them is based on the benefits received principle.
Learn more about tax on:
brainly.com/question/25783927
Answer: B. Yes. Branding allows the mushrooms to be easily identified in the future. Thus, if they were of inferior quality, the company would lose customers and go out of business over time.
Explanation:
Branding is a way of making sure that your product is easily identifiable over other products.
When a company brands it's goods, they are trying to create Brand Awareness and this usually happens when a company plans to stay in a business for a while and indeed with the way the Firm is spending a lot of money on Advertising, one can surmise that they do indeed plan to stay in the business because they have spent a lot.
It would therefore make little to no sense on their part to spend such huge amounts of money to build their brand if their products will be of low quality. The mushrooms have to be of high quality so that people may associate their brand with High Quality.
Answer
The correct answer is c. $ 7,500.
Explanation:
The reconciliation of the change in fund balance in governmental fund financial statements to the change in net position for governmental activities in the government-wide financials is computed using the GOES BARE mnemonic. The fact pattern only describes measurement focus (GOES) issues computed as follows:
G Change in Governmental Fund Balance $ 1,500
O Other Financing Sources 0
E Expenditure - Capital Outlay 9,000
(net of depreciation) (3,000)
S Internal Service Fund Net Income 0
Change in Net Position in government
-wide financial statements $ 7,500