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AlladinOne [14]
4 years ago
5

Sadler Corporation purchased equipment to be used in manufacturing. The purchase was made at the beginning of 2015 by paying cas

h of $150,000. The equipment has an estimated residual value of $10,000 and an expected useful life of 10 years. At the beginning of 2017, Sadler concluded that the total useful life of the equipment will be 8 years rather than 10, and that the residual value will be zero. Sadler uses the straight-line method for depreciation.
Prepare the journal entry to record depreciation on the equipment for 2016.
Business
1 answer:
il63 [147K]4 years ago
6 0

Answer:

The journals entry to record depreciation on the equipment for 2016 will be:

Debit Depreciation expense $14,000

Credit Accumulated depreciation $14,000

<em>(To record depreciation expense for Year 2016)</em>

Explanation:

Under straight-line method, depreciation expense is (cost - residual value) / Estimated useful life = ($150,000 - $10,000) / 10 years = $14,000 yearly depreciation expense. This applies to Years 2015 and 2016.

The change in the estimate in Year 2017 will not affect the depreciation expense for 2016 based on the previous parameters,

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Creating a Multimedia Presentation to Demonstrate Knowledge of Agriculture, Food, and Natural Resource Careers For this assignme
professor190 [17]

Answer:

Create a bulleted list describing four tasks for Farmworkers and Laborers, Crop that are listed as

common tasks on the O*NET site.  

• Harvest plants, and transplant or pot label them.

• Harvest fruits and vegetables by hand.

• Set up and operate irrigation equipment.  

Create a bulleted list describing four work activities for Farmworkers and Laborers, Crop that are listed

as common work activities on the O*NET site.  

the slide.

• Handling and moving objects.

• Preforming general physical activities.

• Getting information.

• Identifying objects, actions, and events.

Create a bulleted list describing work contexts for Farmworkers and Laborers, Crop that are listed as

common work contexts on the O*NET site.  

to the slide.

• Spend Time Using Your Hands to Handle, Control, or Feel Objects, Tools, or

Controls

• Face-to-Face Discussions

• Outdoors, Exposed to Weather

• Spend Time Standing

 

Common Tasks for Foresters

Create a bulleted list describing four tasks for Foresters that are listed as common tasks on the O*NET

site.

• Monitor contract compliance and results of forestry activities to assure adherence to

government regulations.

• Plan and supervise forestry projects, such as determining the type, number and

placement of trees to be planted, managing tree nurseries, thinning forest and

monitoring growth of new seedlings.

• Establish short- and long-term plans for management of forest lands and forest

resources.

• Determine methods of cutting and removing timber with minimum waste and

environmental damage.

 

Create a bulleted list describing four work activities for Foresters that are listed as common work

activities on the O*NET site.  

• Getting Information

• Identifying Objects, Actions, and Events

• Organizing, Planning, and Prioritizing Work

• Communicating with Supervisors, Peers, or Subordinates  

Common Work Contexts for Foresters

Create a bulleted list describing work contexts for Foresters that are listed as common work contexts on

the O*NET site.  

• Electronic Mail

• Face-to-Face Discussions

• Telephone

• Freedom to Make Decisions    

Common Tasks for Nursery and Greenhouse Managers

Create a bulleted list describing four tasks for Nursery and Greenhouse Managers that are listed as

common tasks on the O*NET site.

• Collect and record growth, production, and environmental data.

• Manage nurseries that grow horticultural plants for sale to trade or retail customers, for

display or exhibition, or for research.

• Direct and monitor trapping and spawning of fish, egg incubation, and fry rearing,

applying knowledge of management and fish culturing techniques.

• Direct and monitor the transfer of mature fish to lakes, ponds, streams, or commercial

tanks  

Common Work Activities for Nursery and Greenhouse Managers

Create a bulleted list describing four work activities for Nursery and Greenhouse Managers that are

listed as common work activities on the O*NET site.  

to the slide.

• Making Decisions and Solving Problems

• Organizing, Planning, and Prioritizing Work

• Communicating with Supervisors, Peers, or Subordinates

• Scheduling Work and Activities  

Common Work Contexts for Nursery and Greenhouse Managers

Create a bulleted list describing work contexts for Nursery and Greenhouse Managers that are listed as

common work contexts on the O*NET site.  

to the slide.

• Face-to-Face Discussions

• Outdoors, Exposed to Weather

• Freedom to Make Decisions

• Structured versus Unstructured Work  

Veterinarians  

Create a bulleted list describing four tasks for Veterinarians that are listed as common tasks on the

O*NET site.  

• Treat sick or injured animals by prescribing medication, setting bones, dressing wounds,

or performing surgery.

• Inoculate animals against various diseases, such as rabies or distemper.

• Examine animals to detect and determine the nature of diseases or injuries.

• Collect body tissue, feces, blood, urine, or other body fluids for examination and

analysis.  

Create a bulleted list describing four work activities for Veterinarians that are listed as common work

activities on the O*NET site.  

• Making Decisions and Solving Problems

• Getting Information.

• Updating and Using Relevant Knowledge

• Identifying Objects, Actions, and Events  

Common Work Contexts for Veterinarians

Create a bulleted list describing work contexts for Veterinarians that are listed as common work

contexts on the O*NET site.  

• Face-to-Face Discussions

• Telephone

• Indoors, Environmentally Controlled

• Contact with others

Explanation: hope this helps this is what I got

5 0
3 years ago
Read 2 more answers
Brian holds a meeting with all the managers in the company to identify a strategy for business growth. He tells the managers tha
Pavel [41]

Answer:

E

Explanation:

market penetration means selling exiting products in existing market which is less risky then other methods of development. this is also called aggressive marketing.

6 0
3 years ago
A company is 49% financed by risk-free debt. The interest rate is 8%, the expected market risk premium is 6%, and the beta of th
NemiM [27]

Answer: 9.81%

Explanation:

Cost of capital = (cost of debt * weight of debt) + ( cost of equity * weight of equity)

Cost of Equity = Risk free rate + beta * Market risk premium

= 8% + 0.59 * 6%

= 11.54%

Cost of capital = (8% * 49%) + (11.54% * 51%)

= 9.81%

3 0
3 years ago
Zahara is concerned about taking on too much risk in her investment portfolio. She has some government bonds and some speculativ
harina [27]

One truth about Zahara's risk levels is that<u> D. The </u><u>speculative investments </u><u>are </u><u>high risk </u><u>but can </u><u>pay returns quickly.</u>

<h3>What are speculative investments?</h3>
  • Investments that are bought for their tendency to change prices often.
  • Are known to be risky.

By investing in speculative investments, Zahara is incurring risk but as a result, she stands to gain returns quickly if the investments should increase in price.

In conclusion, option D is correct.

Find out more on speculative investments at brainly.com/question/13827370.

3 0
2 years ago
Claremore Industries uses a weighted-average process-costing system. All materials are added at the beginning of the process; co
riadik2000 [5.3K]

Answer: $78000

Explanation:

First, we have to calculate the total.costnoer equivalent unit which will be the addition of the material cost per unit and the conversion cost per unit. This will be:

Material cost per unit = $220,000 / (40,000+15,000)

= $220,000 / 55000

= $4

Conversion cost per unit= $414,000 / (40,000 + (15,000*40%)

= $414000 / 46000

= $9

Therefore, total cost per equivalent unit will be: $4 + $9 = $13

Then, the equivlant unit of the ending work in process would be calculated as:

= 15,000 × 40%

= 15000 × 40/100

= 15000 × 0.4

= 6,000

The cost of the ending work in process will then be:

= 6,000 × $13

= $78,000

4 0
3 years ago
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