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Stolb23 [73]
2 years ago
6

Nimo Co. purchased a machine for $12,000 and estimates it will use the machine for five-years with a $2,000 salvage value. Using

the double declining-balance depreciation method, compute the machine's first year depreciation expense.
Business
1 answer:
Gala2k [10]2 years ago
3 0

Answer:

$4800

Explanation:

Double declining deprecation method is when the deprecation expense of an asset is accelerated by 2. Depreciation is a method of expensing the cost of an asset.

In calculating depreciation expense using the double declining method , salvage value isn't used.

The formula:

2/ number of years ×(net book value)

2/5 × ($12,000) = $4800

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The Weston Corporation is analyzing projects A, B, and C as possible investment opportunities. Each of these projects has a usef
melamori03 [73]

Answer:

D

Explanation:

8 0
2 years ago
Scene: A savvy investor has a mix of stocks and bonds in their investment portfolio. Why would it be a good idea to mix stocks a
Komok [63]

Answer:

Explanation:

It wouldn't now, unless you are very wealthy. Interest rates are very low and you would have to go into the junk bond market to get any kind of decent return. But Junk Bonds are or can be very unstable and you get a high return for a very chancy situation.

I think I know what the question wants you to understand. You need something that will provide with income. You just don't want to deal with bonds. There are stocks around that pay dividends; they are very conservative and if they go down, that will be the least of your problems.

You can then devote your resources to capital gains or pure stocks: no interest payments, but the stock itself goes up. There is a whole different tax system for capital gains.

You should also get some gold or silver as insurance.

Since you have asked about stocks and bonds, I have not said anything about cryptos. That's an option, but you have to be very knowledgeable because those things can be an investment nightmare.

7 0
2 years ago
Which programs carry out repetitive tasks and can be programmed to make decisions based on specified conditions
Elanso [62]

Based on Machine technology fundamentals, the programs that carry out repetitive tasks and can be programmed to make decisions based on specified conditions are "<u>Intelligent agents</u>."

This is because Intelligent Agents is designed to carry out certain functions according to its environment, user input, and experiences.

<u>Intelligent agents</u> is designed with the capability to carry out or gather information on their own.

It can also be programmed to work at a specific time or when the user asks in real-time.

There are various types of Intelligent Agents. Some of these intelligent agents include the following:

  • Simple Reflex Agents;
  • Model-Based Reflex Agents;
  • Goal-Based Agents;
  • Utility-Based Agents;
  • Learning Agent;

Hence, in this case, it is concluded that the correct answer is Intelligent Agents.

Learn more here: brainly.com/question/24180103

8 0
2 years ago
The following items appear on the balance sheet of a company with a two-month operating cycle. Identify the proper classificatio
julsineya [31]

Answer:

Notes payable(due in 13 to 24 months)-L

Notes payable (due in 6 to 12 months)-C

Notes payable (mature in five years)-L

Current portion of long-term debt-C

Notes payable(due in 120 days) -C

FUTA taxes payable -C

Accounts receivable-N

Sales taxes payable-C

Salaries payable-C

Wages payable-C

Explanation:

A liability is a current one if it is due between today and the next one year(12 months),however any liability whose payment date is beyond one year is classified as long-term liability.

7 0
3 years ago
When Mi Ola’s purchasing manager places the weekly order for new bikinis based on how many of each type have sold that week, thi
geniusboy [140]

Answer:

The process of making this decision By the CLASSICAL MODEL of decision making

Explanation:

The classical general equilibrium model was developed in the 18th century within the neoclassical economics and it is related to classical economics.

The classical general equilibrium model aims to describe the economy by taking an aggregate of the behavior of individuals and firms.

Decision taken using this Method is usually based on what the eyes are seeing. Facts.

From the text, Ola buys new bikinis weekly based on the designs the customers are buying more. He decides on what to buy for the new week by looking at the designs that his customers went for the previous week. This is a clear case of Classical model of Decision making.

5 0
3 years ago
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