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3 years ago

The answer for number 1, and 2 please

Business

2 answers:

crimeas [40]3 years ago

8 0

Answer:

where's the picture I cant find it

Alinara [238K]3 years ago

7 0

?? I’m not sure what picture u attached

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On April 1, Cyclone Co. purchases a trencher for $280,000. The machine is expected to last five years and have a salvage value o

Vilka [71]

Answer:First Year Depreciation= $84,000

Second Year Deprecation= $78,400

Explanation:

Using Double declining

We have that :

Depreciation value = Cost - Salvage value

$280,000 - $40,000 =$240,000

Since machine is expected to depreciate for 5 years, Annual depreciation = 240,000 / 5 years

= $48,000

Annual Depreciation Rate = 48,000 / 240,000 = 20%

Therefore, Double declining = 20 x 2 = 40%

First Year Depreciation: from April to December

= 40% x 280,000 x 9/12 months

= $84,000

Second Year Deprecation:

= 40% x (280,000 - 84,000)

= $78,400

4 0

3 years ago

What account is a affected when goods are sold on credit

katovenus [111]

Answer: account receivable account

Explanation:

The accounts receivable account simply refers to an asset account on the balance sheet which represents the money that is due to a business in the short term. It should be noted that the accounts receivables are created when goods are bought on credit by the buyer.

In such case, when the goods are sold on credit to the buyer, this will lead to a debit on the account receivable account and this will bring about an increase to the company's assets.

7 0

3 years ago

Funeral services, encyclopedias, fire extinguishers and reference books fall into this product classification: A. Homogeneous Pr

alina1380 [7]

Answer: Unsought products.

Explanation:

Unsought products are products that consumers rarely purchase, either due to lack of awareness about the product or lack of regular usage of those products. The unsought products includes; encyclopedias, cemetery space, reference books etc.

6 0

4 years ago

Sarkis is a sales manager for the bratney companies, a company that manufactures equipment used in the processing of grains and

pentagon [3]

The decision is made under the condition of Uncertainty, Because The goal is clear, but there is no clear solution to the problem
The condition of uncertainty occurs when the managers are required to take a certain decision which outcome couldn't be predicted by the Organization.
To handle this type of situation, the managers must willing to take the chance of failure that could damage the organization while providing the organization to advance at the same time.

6 0

3 years ago

After developing a computer locking system, Caffrey Computer Corp. worked out a licensing deal with Chicago Desktop (a potential

Vika [28.1K]

Answer:

A Strategic Alliance

Explanation:

A Strategic Alliance refers to a combined effort or activities of two firms so as to strengthen their market position and yet at the same time maintain their individual separate corporate existence.

It represents a mutually beneficial agreement between two corporate firms under which, terms are less binding and stringent than a joint venture.

The purpose behind such an alliance could be, expansion, product line improvement or together gain a competitive advantage.

Such an alliance helps both businesses achieve a common goal driven by mutual assistance and pooling of resources.

In the given case, the tie up between Caffery computer corp. and Chicago desktop to sell computer locking systems alongside computers, would be termed a strategic alliance, since such an arrangement would benefit both, reduce competition for each with collective gain w.r.t market share.

3 0

3 years ago