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Nikitich [7]
3 years ago
8

Moped, Inc. purchased machinery at a cost of $44,000 on January 1, 2017. The expected useful life is 5 years and the asset is ex

pected to have salvage value of $4,000. Moped depreciates its assets using the double-declining balance method. What is the firm's depreciation expense for the year ended December 31, 2017?
Business
1 answer:
AysviL [449]3 years ago
3 0

Answer:

Annual depreciation= $16,000

Explanation:

Giving the following information:

Purchase price= $44,000

Useful life= 5 years

Salvage value= $4,000

<u>To calculate the depreciation expense under the double-declining balance, we need to use the following formula:</u>

<u></u>

Annual depreciation= 2*[(book value)/estimated life (years)]

Annual depreciation= 2*[(44,000 - 4,000) / 5]

Annual depreciation= 16,000

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What is meant by centralised direction
Alla [95]

Centralized direction explain why we often overestimate how well we can predict future actions of others.


I hope that's help:0

5 0
3 years ago
The cost for a carton of milk is $3, and it is sold for $5. When the milk expires, it is thrown out. You also know that the mean
svetlana [45]

Answer:

a) $3

b) $2

c) 1449

Explanation:

Given:

The cost for a carton of milk = $3

Selling price for a carton of milk = $5

Salvage value = $0        [since When the milk expires, it is thrown out ]3

Mean of historical monthly demand = 1,500

Standard deviation = 200

Now,

a) cost of overstocking = Cost  for a carton of milk - Salvage value

= $3 - $0

= $3

cost of under-stocking = Selling price - cost for a carton of milk

= $5 - $3

= $2

b)  critical ratio = \frac{\textup{cost of under-stocking }}{\textup{cost of overstocking + cost of under-stocking }}

or

critical ratio = \frac{\textup{2}}{\textup{3 + 2}}

or

critical ratio = 0.4

c) optimal quantity of milk cartons = Mean + ( z × standard deviation )

here, z is the z-score for the critical ration of 0.4

we know

z-score(0.4) = -0.253

thus,

optimal quantity of milk cartons = 1,500 + ( -0.253 × 200 )

= 1500 - 50.6

= 1449.4 ≈ 1449 units

4 0
3 years ago
Trust and transparency are critical to successful and culturally competent research. In the research setting, establishing trust
Gnom [1K]

Answer:

The correct answer is number (2): Limiting public transparency and accountability.

Explanation:

Researchers must provide trust and transparency during their study so the result of the research will reflect reliable information. Accountability, as well, should be present at all moments during the study moreover at the moment of collecting information from the target population and while gathering all the data to avoid manipulation that could affect the outcome of the research.

7 0
3 years ago
If the core part of the purchase is ___________. bad it does not affect satisfaction. good it increases satisfaction. good it de
Andre45 [30]

If the core part of the purchase is bad it increases dissatisfaction

Explanation:

A core product is a product or service of a company more closely related to its core competences. The central product allows the functionality, benefit or remedy to issues with which the customer orders the commodity.

For example, the core component of a car's ability to drive places at an easy speed is the core advantage.

When you can not give quality service to your clients, you would be disappointed and depressed, even though you can deliver them an outstanding key product.

4 0
3 years ago
On July 1, Aloha Co. exercises a call option that requires Aloha to pay $224,400 for its outstanding bonds that have a carrying
skelet666 [1.2K]

Answer:

Date                 Account title                                              Debit             Credit

July 1                Bonds Payable                                      $220,000

                        Premium on Bonds Payable                  $8,200

                        Cash                                                                            $224,400

                        Gain on retirement of bond                                       $3,800

<u />

<u>Working:</u>

Premium = Carrying value - Par value

= 228,200 - 220,000

= $8,200

Gain on retirement of bond = Carrying amount - Amount paid:

= 228,200 - 224,400

= $3,800

3 0
2 years ago
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