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
muminat
2 years ago
10

Central Supply purchased a new printer for $67,500. The printer is expected to operate for nine (9) years, after which it will b

e sold for salvage value (estimated to be $6,750). How much is the first year’s depreciation expense if the company uses the double-declining-balance method? A. $15,000 B. $ 7,500 C. $18,000 D. $13,500 E. None of the above
Business
1 answer:
Sergeu [11.5K]2 years ago
8 0

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Central Supply purchased a new printer for $67,500. The printer is expected to operate for nine (9) years, after which it will be sold for salvage value (estimated to be $6,750).

Annual depreciation= 2*[(original cost - residual value)/estimated life (years)]

Year 1= 2*[(67,500 - 6,750)/9]= $13,500

You might be interested in
Diminishing marginal product suggests that the marginal A. cost of an extra worker is unchanged. B. cost of an extra worker is l
MArishka [77]

Answer:

The correct answer is letter "D": product of an extra worker is less than the previous worker's marginal product.

Explanation:

The Law of Diminishing Marginal Productivity indicates that increasing one variable while holding others the same can initially increase output but eventually adding more of that variable results in lower return rates. This law helps explain that it is not always the best way to increase income by increasing production.

<em>Initially, companies recruiting additional workers would boost production until too few machines or not enough space is sufficient to accommodate everyone. Then, the production rate will decrease.</em>

7 0
2 years ago
In some cases, individuals who start a business have special voting rights that help them exercise more control over the firm. T
Olin [163]

individuals that have special voting rights owns a special class of stock called classified stock.

The classified stock refers to class of common stock that comes with special privileges like dividend rights or enhanced voting rights.

Usually, these stock are issued/owned by individual that started or co-start the business.

The classified stock is used to ensure the company's founders maintain its control over the establish company even without owning the majority of the common stock.

Therefore, the individuals that have special voting rights owns a special class of stock called the classified stock.

Read more about classified stock:

<em>brainly.com/question/23881482</em>

6 0
2 years ago
Arrange the steps to show the effects of contractionary fiscal policy. Tiles Inflationary pressure decreases. Government increas
lana [24]
<span>Government increases the tax rate.
Consumers have less money to spend.
</span>Producers manufacture fewer goods.
Inflationary pressure decreases.<span>

</span>
7 0
3 years ago
Read 2 more answers
Sarah was in a meeting where various vendors were being considered. She noticed that one of the vendors had a history of mistrea
Papessa [141]

Answer:

C. role relativism

Explanation:

In this relativism the moral fits to the goals of the company so its adjusted to gain the goals set inside the firm regardless personal views.

6 0
3 years ago
Read 2 more answers
Eggs, toilet paper, and candy bars are examples of what kind of good?
lawyer [7]
Its convenience goods
6 0
3 years ago
Read 2 more answers
Other questions:
  • In which of the following situations would you prefer to be the​ lender? A. The interest rate is 4 percent and the expected infl
    5·1 answer
  • Which of the marketing mix elements corresponds to what the buyer gives up in the marketing exchange?
    9·1 answer
  • A _____ is an association of producers that control supply and prices
    11·1 answer
  • What is the horizontal rule in a customer service aspect?
    13·1 answer
  • When people engage in a collaborative process of identifying values, assumptions, and goals from which support for change will n
    12·1 answer
  • Suppose that you deposit? $10,000 in an account that pays? 6% interest and you want to know how much will be in your account at
    10·1 answer
  • What is management and leadership​
    15·2 answers
  • What is it called whenever there<br> is no shortage or surplus in the<br> market?
    8·2 answers
  • Describe why it is important to understand how businesses impact you.
    5·1 answer
  • If PPE will be used, what should employers develop and maintain in the workplace?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!