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Ludmilka [50]
3 years ago
15

Mather Company purchased equipment on January 1, 2018 at a total invoice cost of $336,000; additional costs of $6,000 for freigh

t and $30,000 for installation were incurred. The equipment has an estimated salvage value of $12,000 and an estimated useful life of five years. The amount of accumulated depreciation at December 31, 2019 if the straight-line method of depreciation is used is
Business
1 answer:
mestny [16]3 years ago
7 0

Answer:

$144,000

Explanation:

The computation of accumulated depreciation is shown below:-

Total cost = Invoice cost + Freight + Installation

= $336,000 + $6,000 + $30,000

= $372,000

Depreciation as per SLM = (Total Cost - Salvage Value) ÷ Estimated useful life

= (372,000 - 12,000) ÷ 5

= $72,000

The amount of accumulated depreciation (after 2 years) = Depreciation as per SLM × Years

= 72,000 × 2

= $144,000

So, for computing the accumulated depreciation we simply applied the above formula.

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If employers do not require a(n) __________, performance appraisal ratings often do not match the normal distribution of a bell-
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Answer:

forced distribution

Explanation:

Based on the rest of the sentence it can be said that the missing term is forced distribution. This is a system that requires managers to evaluate each individual and rank them typically into one of three categories. These categories are excellent, good, and poor and allow managers to indicate if the employee should be terminated, is doing good, or is in-line for promotion as indicated in the graph below. This term is also known as the vitality curve or bell curve.

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3 years ago
The downward slope of a demand curve illustrates the pattern that as ________ decreases, ________ increases.
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3 years ago
Which of the following represents a competitive intelligence practice that is both legal and ethical? a. A city council member s
taurus [48]

Answer:

The correct answer is letter "C": An executive attends a trade show solely to obtain a competitor's brochures, listen to sales pitches, and ask questions about the competitor's products.

Explanation:

Competitive intelligence refers to the steps companies take to obtain information about their surrounding environment and competitors. If the attempt is to conduct competitive intelligence ethically and legal, top executives in charge should obtain as much information as possible from a <em>legitimate source</em> with the limitations that could imply <em>without compromising the company</em> in business not inherent to its operations.

5 0
3 years ago
use the rule of 72 to calculate how long it will take for your money to double if it's earning 6% in interest
marissa [1.9K]
It would take by my calculations around 16 yrs but that is just an hypothesis

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7 0
4 years ago
Assume that the price of a European call expiring in six-month with a strike price of $30 is $2. Suppose that the underlying sto
Komok [63]

Answer:

correct option is c. $2.51

Explanation:

given data

strike price of $30 = $2

underlying stock price = $29

dividend = $0.50

risk-free rate = 10%

solution

we use here pit call parity  that is

c - p = s - k e^{-rt} -D    .....................1

S is current price and c is call premium and r is rate and t is time

so price of put p will be

p = c-s + k e^{-rt} + D

put here value and we get

p  = 2 -29 + 30  e^{-0.1*0.5} + 0.5  e^{-0.1*2/12}  + 0.5 e^{-0.1*5/12}

p  = 2.508

p = $2.51

so correct option is c. $2.51

8 0
3 years ago
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