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Rom4ik [11]
3 years ago
11

Computing Straight-Line and Double-Declining-Balance Depreciation

Business
1 answer:
Sedbober [7]3 years ago
7 0

Answer:

a.

2016 =  $45,570

2017 =  $45,570

b.

2016 =  $102,080

2017 =  $68,014

Explanation:

Straight line method

Straight line method charges a fixed amount of depreciation

Depreciation Charge = (Cost - Salvage Value) ÷ Estimated useful life

2016

Depreciation Charge = $45,570

2017

Depreciation Charge = $45,570

Double declining method

Double declining method charges a higher amount of depreciation at the early years and less in the later years

Depreciation Charge = 2 x SLDP x BVSLDP

2016

Depreciation Charge = 2 x 16.67 % x $306,180 = $102,080

2017

Depreciation Charge = 2 x 16.67 % x ($306,180 - $102,080)  = $68,014

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Which of the following scenarios makes Tim liable for undue influence? a. He uses a false identity, borrows $10,000 from Kelly,
dedylja [7]

Option C , Tim takes advantage of his grandmother's illness and persuades her to sign a will leaving all her property to him.

Explanation:

A individual who demonstrates excessive control may always be someone who has a special connection with the testator who has had the ability to render the testator vulnerable who affected by terms of danger, difficulty, manipulation.

Undue interference occurs mainly in areas of probate, trust and properties, power of attorney and custody.

Indecent influence is not usually a crime in itself, but it can be a means of committing a crime, including exploitation, fraud, domestic abuse and sexual assault.

8 0
3 years ago
What is a significant factor in long-run economic growth that robert fogel, an economic historian, is best known for suggesting?
damaskus [11]
Robert Fogel is best known in suggesting for improvements in workers' health from better nutrition. Robert William Fogel is an economic historian who has awards in the Nobel Memorial Prize in economic sciences and another award in Bancoff prize. Fogel's work are the following: Railroads and American Economic Growth, Which roads to the past?, and the slavery debates.
5 0
3 years ago
Why has le pliage been so successful? to what do you attribute its popularity and longevity? what is the role of the longchamp b
blondinia [14]

Longchamp’s iconic merchandise, Le Pillage is a range of foldable, leather-trimmed nylon bags. The huge success is labelled as “eternal”. Le Pillage’s achievement can be regarded as a perfect practice of marketing mix. Part of 4P model can be used to analyze this case.

Product

Le Pillage’s successful product positioning is “Quality”. Intended as a functional bag, Le Pillage accepted one of the most practical and unusual materials, nylon which is durable, sturdy, light as well as cheap.

Price

Le Pillage’s price plan, that average price is €90, made this sequence of bags reasonable to most of the consumers.

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5 0
3 years ago
Innovative Creations Corporation is designed along functional lines. New product development is very slow and the process is pla
fenix001 [56]

Answer:

A) Coordiantion, is the correct option

Explanation:

Bad coordination in a company leads to a decrease in productivity. Coordination between departments is important, lack of it may have adverse effects may it be sales of production. The functional and management training imparted by the company is a way to make the teamwork in coordination so the operation of the business is smooth. The solution to the communication gap is to have open system communication with all the departments, interdepartmental communication is very very crucial.

5 0
2 years ago
. January 1, 2002 you bought a coupon bond for $1102. You received a coupon of $50 on December 30 . On January 1, 2003, you sold
Natalka [10]

Answer:

-5.72%

Explanation:

Total rate of return = (Total return/net loss ÷ Purchase Price) × 100 ......... (1)

Loss on sales = Purchase price - Sales price = $1102 - $989 = $113.

Net loss = Coupon received - loss on sales = $50 - $113 = -$63

Substituting the values into equation (1), we have:

Total rate of return = ((-63) ÷ 1,102) × 100 = -5.72%

Therefore, the total rate of return is -5.72%. It is negative because the coupon bond led into net loss.

8 0
2 years ago
Read 2 more answers
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