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Arturiano [62]
3 years ago
11

Bricker Enterprises purchased a machine for $100,000 on October 1, 2018. The estimated service life is ten years with a $10,000

residual value. Bricker records partial-year depreciation based on the number of months in service. Depreciation expense for the year ended December 31, 2018, using straight-line depreciation, is:
Business
1 answer:
lutik1710 [3]3 years ago
3 0

Answer:

$2,250

Explanation:

Given;

Cost of machine = $100,000

Residual value = $10,000

Useful life = 10 years

Annual depreciation = (Cost - Residual value ) ÷ useful life

= ($100,000 - $10,000 ) ÷ 10

= $90,000 ÷ 10

= $9,000 per year

Duration from  October 1, 2018 to December 31, 2018 in year = \frac{3}{12} years

= 0.25 year

therefore,

Depreciation expense for the year ended December 31, 2018

=  Annual depreciation × Duration

= $9,000 × 0.25

= $2,250

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The correct answer would be April 8.

Explanation:

A food handler or a chef is prepping a seafood coconut curry dish on April 4. This dish uses shrimps and scallops as ingredients. Shrimps has an use by date of 8th April, and the scallops has the use by date of 10th April. So now the use by date of seafood coconut curry needs to be determined.

It is very simple to determine the use by date of seafood coconut curry. The use by date of both ingredients would be seen, and the use by date of any product which is earlier than use by date of the other, would be set as the use by date of the seafood coconut curry.

So the use by date of shrimps is April 8, so the use by date for the seafood coconut curry would be April 8 too, otherwise due to the expiration of the shrimps on April 8, the whole food will be wasted.

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4 years ago
Carly is a manager at a business. when she has a job opening, she regularly does internet searches for the applicants to see if
Nezavi [6.7K]
The actions that Carly displays are considered to be legal as it does not involve of doing things that may be considered for it to be illegal in any way but the way she does these things is highly unethical because she doesn't necessarily need to do this because it could it is not biased and her way of doing things affects her decision that is not in a professional way.
5 0
4 years ago
Cullumber Corporation purchased 37000 shares of common stock of the Sherman Corporation for $52 per share on January 2, 2020. Sh
yawa3891 [41]

Answer:

Revenue from investment = 229,400

Explanation:

Given:

Purchased shares = 37,000

Value per share = $52

Sherman Corporation total shares = 100,000

Cash dividends = $162000

Net income = $620000

Find:

Revenue from investment = ?

Computation:

Revenue from investment = Net income (Purchased shares / Sherman Corporation total shares)

Revenue from investment = $620000 (37,000 / 100,000)

Revenue from investment = 229,400

7 0
3 years ago
The Perez Lumber Company sells boards in a perfectly competitive market. The current marginal cost of boards at the current outp
mafiozo [28]

Answer:

c. decrease monthly output to 200 board feet.

Explanation:

If the firm wants to maximize profit it should decrease monthly output to 200 board feet demand by doing so , vital rate  will ultimately increase the cost of the product and shift them to the profit. The correct answer is C.

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3 years ago
Three examples of foreign companies operating in Fiji and a type of service they provide
bixtya [17]

Answer:

Three foreign companies operating in Fiji:

  • Bank of Baroda: a multinational, financial services companies from India. It offers banking services in Fiji, and is one of the five international banks that operate in that country.
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3 years ago
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