Answer: The correct answer is choice b.
Explanation: Location is very important for businesses. Of the options presented, the only one that is incorrect is choice b - Once management is committed to a specific location, many costs become easy to reduce. This choice is incorrect. Even though management is committed to a location, it does not mean that it is easy to reduce costs. Even though they are committed to a location, it may be impossible to reduce costs.
Answer:
natural resources
Explanation:
producers provide good services towards their consumers, but what do they actually provide? they provide food, plants etc.
Answer:
The remaining useful life of the plant asset is 2 years.
Explanation:
The depreciable cost of the asset is 44000 - 10000 = $34000
The straight line method charges a constant depreciation expense per year over the estimated useful life of the asset.
The depreciation expense per year is $3400.
The formula for straight line depreciation is,
Depreciation expense per year = (Cost - residual value) / estimated useful life
3400 = (44000 - 10000) / estimated useful life
3400 = 34000 / estimated useful life
Estimated useful life = 34000 / 3400 = 10 years
The accumulated depreciation has been charged for the amount of $27200. This represents a depreciation for 8 years.
27200 / 3400 = 8 years
Thus, the remaining useful life of the plant asset is 10 - 8 = 2 years
Answer: False
Explanation: They have a division for college students , parents and educators.
Answer:
gain of $6,350.
Explanation:
Depreciation expense each year = (cost of asset - residual value) / useful life
($46,200 - $6,300) / 4 = $9,975
Depreciation expense after two years = $9,975 x 2 = $19,950
Value of the equipment in two years = $46,200 - $19,950 = $26,250
If the equipment is sold for $32,600, the equipment would be sold at a profit
Profit = $32,600 - $26,250 = $6350