Answer:
Annual depreciation=$188,000
Explanation:
Giving the following information:
Purchasing price= $1,000,000
Salvage value= $60,000
Useful life= 5 years
To calculate the depreciation expense under the straight-line method, we need to use the following formula:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (1,000,000 - 60,000)/5
Annual depreciation=$188,000
Answer:
I belive its c.
Explanation:
It says interest EARNED on INVESTMENTS which would be a good thing not an expense.
If you invest in something you can get the money back
Answer:
D) Stay strategic but also stay on top of tactical
Explanation:
Since in the question it is mentioned that the event planning hired a new marketing assistant also he informed that he is a large picture person not a comprehensive oriented person
So here the Tyler determine the needs of a new assistant as both the components of strategic and the tactical is required to become the plan successfully
Therefore the option D is correct
Answer:
c. $144,000
Explanation:
Consider the Incremental Costs and Revenues. Fixed Costs are irrelevant for this decision since they do not change within the operating range of 60,000.
<u>Analysis of Incremental Costs and Revenues</u>
Sales (3,000×$75) 225,000
Variable manufacturing ( 3,000×$25) (75,000)
Variable selling and administrative (3,000×$2) (6,000)
Net Income 144,000
<u>Conclusion</u>
An incremental net income of $144,000 will result from accepting the special order.
