1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
allochka39001 [22]
2 years ago
6

The double-declining-balance rate for calculating depreciation expense is determined by doubling the straight-line rate. Assumin

g that an asset has a useful life of 25 years, determine the rate to be used if using the double-declining-balance method
Business
1 answer:
Rudik [331]2 years ago
3 0

Answer:

the  depreciation rate in cash when the double-declining method should be used is 8%

Explanation:

The computation of the depreciation rate in cash when the double-declining method should be used is given below:

= 1 ÷ useful life × 2

= 1 ÷ 25 × 2

= 0.08

= 8%

Hence, the  depreciation rate in cash when the double-declining method should be used is 8%

The same should be relevant and considered too

You might be interested in
A company sells electronics and with a warranty attached and estimates that they will experience an estimated 5% of sales for wa
eimsori [14]

Answer:

b. debit warranty expense $10,000; credit estimated warranty liability $10,000

Explanation:

The journal entry to record the estimated warranty expense is shown below:

Warranty Expense  Dr $10,000  ($200,000 × 5%)

       To Estimated Warranty Liability $10,000

(being the warranty expense is recorded)

Here the warranty expense is debited as it increased the expense and credited the estimated warranty liability as it also increased the liability

Therefore the option b is correct

7 0
2 years ago
Which of these headlines represents institutional advertising?
yulyashka [42]

Answer:

D

Explanation:

they are promoting their value to the industry and not trying to inform about a specific product. the intent of institutional marketing is to build trust in the brand.

6 0
3 years ago
Read 2 more answers
What was the trade discount rate if merchandise with a list price of $14,200 was sold at a net price of $9,940?
Marianna [84]
30% off. 14,200 multiplied by 0.7 equals 9,940. 1.0 - 0.7 = 0.3
6 0
3 years ago
__________ Is not just for technology companies. Haemonetics, a blood management solutions company, purchased Hemerus Medical wh
aliina [53]

Answer:

B) Innovation by Acquisition.

Explanation:

<u>Innovation by Acquisition </u>Is not just for technology companies.

We can analyze this statement from the example contained in the question above. For the acquisition of Hemerus Medical, by Haemonetics, a blood management solutions company, provided access to innovative blood collection and storage techniques.

Therefore, the acquisition innovation strategy is effective in all organizational segments, as the acquisition of a new company can give access to new forms of operation, new technologies, methods and procedures that will guarantee the innovation and the improvement of the systems of a company. organization.

8 0
2 years ago
Read 2 more answers
Sometimes the use of old technology in sales is more effective than new technology. Group of answer choices True False
Digiron [165]
True

I hope this helps (:
3 0
2 years ago
Other questions:
  • A company is preparing its cash budget. Its cash balance on January 1 is $290,000, and it has a minimum cash requirement of $340
    15·1 answer
  • In which economic system does the government own most of the factories, equipment, and agricultural lands?
    10·1 answer
  • Corona Company is owned equally by Maria, her sister Carlita, her mother, Gabriella, and her grandmother Olivia, each of whom ho
    10·1 answer
  • The Daily Grind sells coffee makers. Its inventory of coffee makers without timers cost $20,000 and is now valued at $10,000. It
    5·1 answer
  • Harper Company lends Hewell Company $13,200 on March 1, accepting a four-month, 6% interest note. Harper Company prepares financ
    9·1 answer
  • Moreno Company purchased equipment for $450,000 on January 1, 2010, and will usethe double-declining-balance method of depreciat
    13·1 answer
  • Suppose on any given day there is an excess supply of reserves in the federal funds market. If the Federal Reserve wishes to kee
    7·1 answer
  • Economists who believe in sound finance would say that in a recession, the government should:
    9·1 answer
  • g Carlos loves watching Downton Abbey on his local public TV station, but he never sends any money to support the station during
    10·1 answer
  • Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!