Answer:
Depreciation expense = $4,400
Accumulated depreciation = $13,200
Explanation:
Depreciation: The depreciation is the amount which decreases the value of the asset. It can be by obsolescence, usage, tear and wear, etc.
The annual depreciation is given i.e. $4,400 which will be charged in depreciation expense whereas the accumulated depreciation would be equal to
= Annual Depreciation × useful life
= $4,400 × 3
= $13,200
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
$1,257,750
Explanation:
Year ended inventory at price end-of-year prices index
December 31
2016 $650,000 1.00
2017 $1,260,000 1.05
2018 $1,350,250 1.10
2016 $650,000 / 1 = $650,000
2017 $1,260,000 / 1.05 = $1,200,000
$1,200,000 - $650,000 = $550,000 x 1.05 = $577,500
<u>+ $650,000 </u>
$1,227,500
2018 $1,350,250 / 1.05 = $1,227,500
$1,227,500 - $650,000 - $550,000 = $27,500 x 1.1 = $30,250
<u>+ $1,227,500</u>
$1,257,750
B) Step 2: Assess the national business environment is part of which step in the screening process for potential markets and sites.
The national environment of a business consists of economic, demographic, natural, cultural and political forces. The external environment of a company is often divided into an economic environment, a political and governmental environment, a sociocultural environment, and an international environment.
A state-owned enterprise is a company that operates within the borders of a particular country. Like local companies, state-owned companies understand the culture of the country and develop products and services to satisfy the market. For example, Donut Time is a donut shop that operates throughout Australia.
The question is incomplete. Please read below to find the missing content.
Exploring the cost of transporting goods is part of which step in the screening process for potential markets and sites?
A) Step 1: Identify basic appeal
B) Step 2: Assess the national business environment
C) Step 3: Measure market or site potential
D) Step 4: Select the market or site
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The first step is to find out how important a plutocrat you make each month. You’ll want to calculate your net income, which is the quantum of plutocrats you earn lower levies. still, anyhow if you’re part-time or full-time, the quantum listed is likely your net income If you admit a regular stipend through your employer.
Keep in mind that if you’re enrolled in a health insurance plan, flexible spending account (FSA), and/or a retirement account through your employer, the money is often automatically withdrawn from your paycheck. You’ll want to subtract those deductions to make sure you have a clear picture of your take-home pay.
If you freelance, are self-employed, or simply don’t receive a regular paycheck, you’ll need to subtract taxes from your income amount. The self-employment tax rate is 15.3%, according to the IRS. You can use this TaxAct calculator to estimate how much taxes you’re required to pay in a year. Then you can divide by 12 to get a monthly estimate.
What is a flexible spending account (FSA)?
A flexible spending account (FSA) is a type of savings regard that provides the account holder with specific duty advantages. An FSA is occasionally called a “flexible spending arrangement” and can be established by an employer for workers. The account allows you to contribute a portion of your regular earnings; employers also can contribute to workers’ accounts. Distributions from the account must be used to repay the hand for good charges related to medical and dental services.
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