Answer: $1392
Explanation:
The depreciation rate under straight line is =1/5=0.2
The depreciation rate under double declining is = 0.2 × 2 = 0.4
Depreciation expense for the first year = 0.4 × $5800 = $2320.
At the beginning of year two, net book value = $5800 - $2320 = $3480
Depreciation expense for year two = 0.4 × $3480 = $1392
Answer:
- $140
- $14,140
Explanation:
1. First find the net amount amount the company borrowed in April:
= Cash balance to be maintained + Loan repayment - Budgeted end of April balance
= 37,000 + 1,000 - 24,000
= $14,000
Interest = 14,000 * 12%/ 12 months
= $140
2. Financing effect:
= Amount borrowed + Interest
= 14,000 + 140
= $14,140
Answer:
b. $1,500
Explanation:
The computation of the total amount of manufacturing overhead is shown below:
= Assembly department + Fabrication department
where,
Assembly department equals to
= $30 × 40 machine hours
= $1,200
Fabrication department would be
= $12 × 25 direct labor hour
= $300
So, the total manufacturing overhead would be
= $1,200 + $300
= $1,500
Answer:
Explanation:
The national debt includes ;Treasury bonds bought by a little old lady in Peoria
The public debt includes ;Treasury bonds bought by the Social Security Administration, First National Bank of Dallas the government of China First National Bank of Dallas a citizen of Germany the government of China a citizen of Germany a little old lady in Peoria the Social Security
Administration Internally held debt includes; bonds owned by the Social Security, Administration First National Bank of Dallas the government of China a citizen of Germany a little old lady in Peoria.
Externally held debt includes bonds owned by the Social Security Administration First National Bank of Dallas the government of China a citizen of Germany a little old lady in Peoria
<span>The question is asking which market structure has a single company or seller in a market with many barriers to entry and the answer is
C. Monopoly. A monopoly is a situation where only one company has a chance to sell their products. Think for example about a national post company that is the only company that has the right to enter people's houses and access their mailbox- this is an example of a monopoly.</span>