Answer:
The depreciation expense for Year 1 under units of production method is $5200.
Explanation:
The units of production method of depreciation charges the depreciation expense based on the activity level for which the asset was used during a period. There is an estimated useful life of the asset in terms of how many units it is expected to produce through out its useful life. The formula for units of production method of depreciation is,
Depreciation charge per unit = (Cost - Salvage value) / Total estimated useful of asset in units
Thus, per unit depreciation is = (30000 - 6000) / 60000 = $0.4 per mile
In the first year, the asset is used for 13000 miles so depreciation expense for the year is,
Depreciation expense Year 1 = 0.4 * 13000 = $5200
Answer:
D
Explanation:
A credit Union is owned by its customers.
Answer:
C. Credit Service Revenue for $45
Explanation:
The journal entry to record this given transaction is shown below:
Cash A/c Dr $45
To Service Revenue A/c $45
(Being the cash received is recorded)
At the time of receiving the cash, we debited the cash account and since the service is provided so we credited the service revenue. Both the accounts are to be credited and debited for $45
Answer: (D) Transnational
Explanation:
The transnational strategy is one of the type of global business strategy in which the various types of products and the services are get promoted globally and this type of strategy basically using the personalized approach for promoting the brands and the products in the market by targeting the consumers or audience.
The main advantage of the transnational strategy is to providing the various types of simultaneous function in the multiple countries.
According to the given question, the company using a transnational strategy for the purpose of balancing the efficiency to adjust the local preferences in the various types of other countries.
Therefore, Option (D) is correct answer.
People with a bachelor's degree<span> make 84% </span>more<span> over a lifetime than high school graduates.</span>