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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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<span>This is a de-marketing strategy through ads, which are assumed to be digital ads. The assumption is that the digital ad would reach the target audience of teenagers to discourage smoking. This type of marketing campaign shows the tobacco company in a 'responsible' light to the consumer. By discouraging underage use, the consumer can assume that this must be a good company and is honest in their marketing.</span>
3 0
3 years ago
Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $16; direct lab
SCORPION-xisa [38]

Answer:

Selling price= $51.48

Explanation:

Giving the following information:

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2 years ago
The ________ analysis is a process that includes research into target markets and the promotional strategies to reach them.
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4 0
3 years ago
The type of listing agreement that provides for payment of a commission to the broker even though the owner makes the sale witho
nasty-shy [4]

The type of listing agreement that provides for payment of a commission to the broker even though the owner makes the sale without the broker's aid is called an exclusive right to sell a listing.

Listing of exclusive distribution rights

Listing of exclusive distribution rights is the most commonly used contract. In this type of listing agreement, an agent is appointed as the sole agent of the seller and has exclusive authority to represent the property.

A California Realtor Listing Agreement is an agreement that authorizes a broker to sell an owner's property on their behalf. The contract allows them to list the property, but in most cases gives them exclusive rights to the property transaction and potentially earnable commissions.

Learn more about listing agreement here: brainly.com/question/8186569

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5 0
1 year ago
A company has a discount on a forward contract for an asset. How is the discount recognized over the life of the contract?
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2 years ago
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