The deprecation expense in year 1 is $1225.
<h3>
What is the depreciation expense in year 1?</h3>
Depreciation is a method that is used to expense the carrying value of an asset. Straight line depreciation is a depreciation method that allocates the deprecation expense evenly across the useful life of the asset.
Straight line depreciation expense is a function of the useful life of the asset, the cost of the asset and the salvage value of the asset.
Straight line depreciation expense = (number of months from Sept to Dec / number of months in a year) x (Cost of asset - Salvage value) / useful life
(3/12) x [(28,400 - 3900) / 5]
1/4 x (24,500/5) = $1225
To learn more about straight line depreciation, please check: brainly.com/question/6982430
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Answer:
There is no short answer.
Explanation:
We are given an article that presents a study that suggests adults who played varsity sports in high school have a 20% higher chance of earning a bachelor's degree in college than the ones who did not play during high school.
The outcome variable in this example, which is also the same as a dependent variable, is the chance of graduating from college with a bachelor's degree, which depends on whether that person played varsity sports during their high school years or not.
The treatment variable in this example, which is also the same as an independent variable, is whether the subject played varsity sports in high school or not which affects their chances of graduating from college with a bachelor's degree.
Counterfactual means thinking about an event in a way that did not actually happen, counter to the facts and it helps people feel more in control which in turn provides a psychological soothing effect. Counterfactual scenario in the given example for high school athletes would be not being able to earn a bachelor's degree despite having played sports in high school.
Thinking about the counterfactual scenario is important because it helps people get a sense of power and a feeling of control which is a primal instinct the brain needs to feel safe.
I hope this answer helps.
Answer:
Shortage
Explanation:
I got it correct because I watched the given recording.
Answer:
0.37
Explanation:
The formula to compute the debt ratio is shown below:
= Total liabilities ÷ Total assets
where,
Total liabilities would be
= Current liabilities + Long term liabilities
= $75,000 + $35,000
= $110,000
And, the total assets would be
= $300,00
Now put these values to the above formula
So, the ratio would equal to
= $110,000 ÷ $300,000
= 0.37
For the answer to the question that is being asked and shown above, it is "TRUE." <span>The value of a cash budget is that it helps you predict and supply your future cash needs. This statement is true as far as the value of a cash is concerned.</span>
