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3 years ago

One difference between straight-line and double-declining-balance depreciation methods is that:

1 answer:

8 0

If the options are:
A) Straight-line method will fully depreciate the asset more quickly.
B) Double-declining-balance method will fully depreciate the asset more quickly.
C) Income taxes paid will be lower under the double-declining-balance method.
D) Losses on disposal will be lower under the straight-line method.
E) None of the above

Answer: E.

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Labor economists have recently begun focusing on a new area referred to as personnel economics. Describe what personnel economic

Tems11 [23]

Answer:

The correct answer is letter "A": the effects of labor unions on wages.

Explanation:

Personnel economics is applying economic and mathematical approaches and econometric and statistical strategies to traditional human resource management issues. Personnel economics deals with employees' employment, compensations, training, and management.

8 0

3 years ago

Jacobs Company borrowed $100,000 at 8 percent interest for three months.

ASHA 777 [7]

Answer:

B. $2,000

Explanation:

The principal amount is $100,000

Interest rate is 8% usually per year ( 12 months)

Loan duration, three months:

Annual interest = $100,000.00 x 8%

=$100,000.00x 0.08

=$ 8000.00

Interest for 3 months

=3/12x$8000.00

=0.25x$8000.00

=$2000

4 0

3 years ago

Liam is writing a request for a letter of recommendation. He is listing all the information the recipient would need to write th

GaryK [48]

Answer:

The body

Explanation:

The body is the longest part of a document or letter and is generally split into three sub-categories: introduction, key material and description.

The introductory section specifies the letter's purpose.

The key material contains all the specific information needed and does not have any fixed duration specifications.

The last section sums up the information given, reaffirms the purpose of the document.

6 0

3 years ago

Barrington company began the year with inventory of $100,000. during the year, the company purchased inventory in the amount of

lesya [120]

The above answer can be explained as under.

The total inventory of Barrington = Beginning Inventory + Purchases

Beginning Inventory = $ 100,000, Purchases = $ 750,000

Ending inventory = $ 90,000

Inventory consumed = total inventory of Barrington - Ending inventory = $ 750,000 - $ 90,000

Inventory consumed = $ 660,000

The journal entry to record inventory consumed -

Cost of goods sold ...... Dr.... $ 660,000

Merchandise Inventory.....Cr.... $ 660,000

6 0

4 years ago

Dogs R US uses the perpetual inventory system to account for its merchandise. A customer returned merchandise. Assuming that the

Solnce55 [7]

Answer:

Credit cost of goods sold $100.

Debit merchandise inventory $100.

Credit accounts receivable $400.

Debit sales returns and allowances $400.

Explanation:

These are the demonstrate required journal entries of Dogs R US to record the return.

Credit cost of goods sold $100.

Debit merchandise inventory $100.

Credit accounts receivable $400.

Debit sales returns and allowances $400.

8 0

3 years ago