The correct answer is 693.33333333.
Answer:
1. $5,700
2.
Dr depreciation expense $1,690
Cr accumulated depreciation $1,690
Explanation:
Crane Chemicals Company:
Under the straight-line method, the amount of depreciation remains the same over the useful life of the asset, in other words, the depreciation expense for 1 year to year 5 would be the same.
annual depreciation=(cost-salvage value)/useful life
annual depreciation=($31,400-$2,900)/5=$5,700
Salt Creek Country Club
annual depreciation=(cost-salvage value)/useful life
annual depreciation=( $17,500-$600)/10=$1,690
The journal entries for depreciation would be a debit to depreciation expense and a credit to accumulated depreciation accounts
Answer:
Technically yes
Explanation:
if you think about it marketing strategy and competitive position are the same thing bc lower and higher are in common
The private sector understand know how to clearly give customers what they want and need but it is hard to do that as a collective need and often satisfies different consumers for different reasons. Because they are unable to satisfy everyone all of the time with the same needs and wants, it is better to leave the government in control of security, defense, highways and things that are a standard need for everyone.
Incomplete question. I inferred you want to know if it is true or false.
Answer:
<u>True</u>
Explanation:
This term is often used in research by researchers to explain the reason for the hypotheses and conclusions made their work, etc. In other words, the <u>conceptual framework</u> paints a clearer/overall explanation of an idea.
For example, if an invention is made of a Car that uses water as fuel; such an invention must have a conceptual framework document explaining the idea behind that.