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Mkey [24]
3 years ago
15

A machine costing $57,000 with a six-year life and $54,000 depreciable cost was purchased January 1. Compute the yearly deprecia

tion expense using straight-line depreciation.
Business
1 answer:
RSB [31]3 years ago
5 0

Answer:

$9,000

Explanation:

The computation of the depreciation expense using the straight-line method is shown below;

= (Purchase value of machinery - residual value) ÷ (estimated useful life)

= $54,000 ÷ 6 years

= $9,000

The depreciation cost is the cost which is come after considering the salvage value and the same is to be considered

Hence, the depreciation expense is $9,000

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m_a_m_a [10]

The term for goods that your business ships to another country is known as <u>Exports</u>.

Export/ Exporting:

  • The process by which companies from one country sell their goods and services to companies or consumers in a different country is known as Exporting.
  • The exports, along with imports, make up international trade.
  • They are incredibly important to modern economies as they offer people and firms many more markets for their goods.
  • Exporting into foreign markets can reduce per-unit costs by expanding operations to meet increased demand.
  • Also, the companies that export into foreign markets gain new knowledge and experience that may allow the discovery of new technologies, marketing practices, and insights into foreign competitors.

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1 year ago
Which office has been criticized for placing business interests ahead of environmental concerns?
Delvig [45]
<span>The Trump office has been accused of placing greater importance on their own business interests, and no interest at all on environmental concerns.Trump has made it clear that he has no intention to improve the earth's environment in the future.</span>
6 0
2 years ago
The employees of Carlofen, a cell phone manufacturer, raised a concern to their management about their poor pay and excess workl
a_sh-v [17]

Answer: Organization decline

Explanation: The organization inability to address the complain of its staff welfare and not being considerate with work load led to the resignation of her staff, this is known as organization decline. This affects the performance of the company especially when the company are not able to employ capable hands immediately after the resignation of it's employees for the main time, also the employees which are employed won't settle immediately for the job as it would take them time to understand their roles properly, all this factors would lead to organization decline.

5 0
2 years ago
Read 2 more answers
As a business owner, explain the importance of scanning the internal and external environment of a business.
maw [93]

Answer:

1. Identification of strength

2.identificationof weakness

3. Identification of opportunity

4. Identification of threat

5. Optimum of use of resources

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2 years ago
Question 5 of 12 An insured and his wife are both involved in a head-on collision. The husband dies instantly, and the wife dies
Roman55 [17]

An insured and his wife are both involved in a head-on collision. The husband dies instantly, and the wife dies 15 days later. The company pays the death benefit to the estate of the insured. This indicates that the life insurance policy had they were in the room alone

This is further explained below.

<h3>What is an insurance policy?</h3>

Both the insured person and his wife are engaged in an accident that occurs head-on. The husband passes away in an instant, and the wife follows him in passing 15 days later. The death benefit is paid out by the firm to the estate of the covered person. This suggests that the life insurance coverage would not have paid out if they were alone in the room.

In conclusion, A legal relationship exists between an insurance firm, often known as the insurer, and the person(s), business, or entity that is being covered under the terms of an insurance policy (the insured). Reading your policy gives you the ability to check that it satisfies your requirements and ensures that you comprehend both your duties and those of the insurance business in the event of a loss.

Read more about insurance policy

brainly.com/question/17479291

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