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telo118 [61]
3 years ago
5

A laser surgical tool has a cost basis of $100,000 and a five-year depreciable life. The estimated SV of the laser is $20,000 at

the end of five years. Determine the annual depreciation amounts using the SL method.
Business
1 answer:
VARVARA [1.3K]3 years ago
4 0

Answer:

The annual depreciation under SL is $16000 per year.

Explanation:

The depreciation expense under Straight Line (SL) method remains constant throughout an asset's useful life. The depreciation under straight line method is calculated by calculating the value of the asset that is eligible for depreciation, which is its cost less the salvage value (SV) and dividing it by the asset's useful life.

The straight line depreciation per year = (Cost - SV) / estimated useful life

Annual depreciation under SL = (100000 - 20000) / 5   = $16000 per year

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Ibtihal occasionally had garage sales at her home, and also sells a few items each month on Ebay. In one garage sale, she sold a
Taya2010 [7]

Answer:

<em>Brian prevails because the product has a warranty for some months or years.</em>

Explanation:

Therefore, <em>Ibtiha, though did not know about the defectiveness of the Ice Cream Maker sold to Brian is bound by law to replace or repair the defect device depending on what was contained in the warranty.</em>

<em />

A warranty is a type of guarantee, usually a written guarantee for a product, that a manufacturer or similar party makes regarding the condition of its product. It also refers to the terms and situations in which repairs or exchanges will be made if the product does not function as originally described or intended.

However, a warranty holds the maker of the product responsible to repair or replace a defective product or its parts, thereby Brian prevails as Ibtihal will be made to comply with the provisions of the warranty.

6 0
3 years ago
Read 2 more answers
A process produces​ 6,000 units of output that yield​ $5.00 per unit. Resources contributed to this output are 200 hours of labo
goblinko [34]

Answer:  30 units per hour

Explanation:

Given that,

Total number of product = 6,000 units

Yield = $5.00 per unit

Resources contributed to this output = 200 hours of labor at​ $15.00 per​ hour

Materials =​ $750

Overhead =​ $250

Labor productivity​ = \frac{Total\ number\ of\ product}{Resources\ contributed}

                              = \frac{6,000}{200}

                              = 30 units per hour

3 0
2 years ago
What is the difference between a shortage and scarcity?.
klio [65]

Explanation:

shortage is when a particular thing is present for use but not up to what the person needs.

scarcity is when a thing or object ceased to be used or non availability of a particular thing for a particular period of time.

7 0
2 years ago
For every problem-solving activity it is crucial that no less than five alternatives be considered.
jok3333 [9.3K]

Answer:

true

Explanation:

beacause

5 0
2 years ago
A wedding party hired a sole proprietorship to cater their wedding. In this situation the sole proprietorship is a partnership,
Kruka [31]

Answer:

False

Explanation:

A sole proprietorship is owned and managed by a single person. The owner is responsible for all the decisions and actions of his or her business. The owner may hire workers to assist in running the business. The workers remain workers and not partners in the business.

The law does not distinguish between the business and the owner. Any liabilities arising from the business are considered to be the owner's liability. In this wedding situation, the sole proprietor is solely responsible for the mistakes of his assistant.

7 0
3 years ago
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