Answer:
The answer is "148050 and 246740".
Explanation:
Please find the complete question in the attached file.
for point a:
Cost 
Less: Salvage value 
Depreciable cost 
Divide by Useful life 
Annual Depreciation 
Depreciation expense
Accumulated Depreciation
for point b:
Double declining balance rate 
Depreciation for 2019 
Depreciation for 2020
Depreciation expense for 2021 
Depreciation expense 78840
Accumulated Depreciation 
Answer:
(a) $21,000
(b) $112,000
(c) $34,000
Explanation:
Accounting equation is as follows:
Assets = Liabilities + Owner’s Equity
(a) $80,000 = $59,000 + Owner’s Equity
$80,000 - $59,000 = Owner’s Equity
$21,000 = Owner’s Equity
(b) Assets = $47,000 + $65,000
= $112,000
(c) $88,000 = Liabilities + $54,000
$88,000 - $54,000 = Liabilities
$34,000 = Liabilities
Answer: Introduction, supporting details, and conclusion.
Answer:
false promises
Explanation:
the keyword was unrealistic,because their trying to add additional fees.
Answer:
D) control the desired price and output to maximize profits, but a perfectly competitive firm can only choose the desired output.
Explanation:
Firms competing in perfectly competitive markets are price takers, meaning that they cannot set the price of their products or services, but monopolists can actually set the price of their products or services because their market power is high enough to do so. Also, a monopolist can choose to lower or increase its output depending on the resulting profits.
This excessive market power is the reason why natural monopolies are usually regulated by the governments and many monopolistic firms are forced to split into smaller firms that compete against each other.
