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Rufina [12.5K]
3 years ago
9

Rover Corporation purchased a truck at the beginning of 2017 for $109,200. The truck is estimated to have a salvage value of $4,

200 and a useful life of 120,000 miles. It was driven 21,000 miles in 2017 and 29,000 miles in 2018. What is the depreciation expense for 2018
Business
1 answer:
jenyasd209 [6]3 years ago
4 0

Answer:

Annual depreciation= $25,375

Explanation:

Giving the following information:

Purchase price= $109,200

Salvage value= $4,200

Useful life in miles= 120,000

<u>To calculate the depreciation expense, we need to use the units-of-activity method:</u>

<u></u>

Annual depreciation= [(original cost - salvage value)/useful life of production in miles]*miles operated

<u>2018:</u>

Annual depreciation= [(109,200 - 4,200) / 120,000]*29,000

Annual depreciation= 0.875*29,000

Annual depreciation= $25,375

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Suppose the current market price of corn is $3.75 per bushel. Your firm has a technology that can convert 1 bushel of corn to 3
Aleks04 [339]

Answer:

At 1.783 or more, the conversion yield better gain than sales the corn

Explanation:

The ethanol conversion become attractive if the cost for doing the conversion are lower than the sale revenue for the product.

<u>total cost: raw materials + conversion cost</u>

corn price:           $  3.75

conversion cost:  $  1.60

Total cost:            $  5.35

<u>output: gallon of ethanol per bushel</u>

3 gallons of ethanol per bushel

total cost / output = 5.35/3 = 1.783 cost per gallon

5 0
3 years ago
Loretta is a product manager at a popular printing company. Though none of her small business clients have requested to print on
earnstyle [38]

.... She attempts to influence her clients to switch to printing on the new materials. This is known as a proactive type of approach

This is further explained below.

<h3>What is a proactive type of approach?</h3>

Generally, Proactive actions prepare for the future. Proactivity is a desired attribute in an individual, team, or organization. Reactive methods wait for the future to happen before acting.

In conclusion, "Loretta is a product manager at a popular printing company. Though none of her small business clients have requested to print on recycled paper, Loretta decides to stock some recycled paper products anyway because she sees this as an opportunity to increase her company’s reputation for sustainability. She attempts to influence her clients to switch to printing on the new materials." is a proactive type of approach

Read more about the proactive type of approach

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6 0
1 year ago
After obtain a licens,a license must comply with the dbo ommisioner rules and regulations, which is true regarding the finance l
bonufazy [111]

Answer:

True

Explanation:

This is true that no person shall engage in the business of finance broker  or finance lender without obtaining a license from the commissioner. All of them shall comply with dbo rules and regulation. if they fail to comply they may face a fine or cancelation of license.

3 0
3 years ago
If a firm's variable cost per unit estimate used in its base-case analysis is $50 per unit and they anticipate the upper and low
vlada-n [284]

Based on the base-case analysis of the firm's variable cost and the upper bounds anticipated, the worst case for variable cost per unit is $52.50.

<h3>What is the worst case for variable costs?</h3>

The worst case scenario for expenses would be a situation where they are higher instead of lower.

This means that the upper bound of the variable cost will be applied to find the worst case scenario:

= Base case analysis amount x (1 + upper bound)

= 50 x (1 + 5%)

= $52.50.

Find out more on variable costs at brainly.com/question/5965421.

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1 year ago
Identify a way in which an organization can promote fairness and reduce political behavior in the appraisal system.
strojnjashka [21]

Answer: Train managers to use the appraisal process.

Explanation:

An appraisal system is a reward system, which sets to evaluate the progress of staff, and either promote them or demote them based on their performance. It is important to consider avoiding sentiment when doing this, as it would ruin the effots of the staff and affect work flow. It is advisable that managers should stick to the appraisal methods, and avoid any form of bias that may set in, the best way would be to train managers before appraisal, and carry out a test on them, to know their sense of judgement.

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3 years ago
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