It will lower your credit rating by so much based on your credit rating before bankrupycy
Answer and Explanation:
The computation of two different depreciation schedules is shown below:-
a. Using the Double-declining balance method
Year Equipment Cost Depreciation rate Amount
2005 $90,000 50% $45,000
2006 $45,000 50% $22,500
2007 $22,500 50% $11,250
2008 No depreciation as it is lower that straight line method that is $22,500 also we took the double rate of 25% so we consider 50%
b. Using the straight line method
Straight Line Depreciation Method:
$100,000 - $10,000
= $90,000
Year Equipment Cost Depreciation rate Amount
2005 $90,000 25% $22,500
2006 $90,000 25% $22,500
2007 $90,000 25% $22,500
2008 $90,000 25% $22,500
Depreciation rate is
= 1 ÷ 4 years
= 25
2. The double declining method reduced the net income while the straight line method increased the net icnome
Answer:
d. 1.25
Explanation:
In a business context, the capacity utilization rate is a value that allows the company know how well they are performing compared to what the recorded optimal levels are. In order to calculate this value we simply divide the current operating level for a specific time-period by the optimal level of that same time period, which in this case would be 1 hour. Therefore, in this case we would divide 500 by 400 which would give us 1.25.
Answer:
True
Explanation:
Intel is a major computer hardware supplier in the world, and its friend Microsoft buys hardware parts from them which it uses in manufacturing computers such as processor chips.
In respect to the bargaining power of suppliers in Porter's five forces model of industry competition, Intel acts as a supplier to Microsoft. And because of Intel's bargaining power like its market dominance and limited competitors, it can set prices which the–Microsoft has no choice but to purchase.
Answer:
- False
- True
Explanation:
1. Social security benefits are increased each year in proportion to an increase in CPI which measures inflation. This CPI is based on a market basket that most people use. If the social security benefits that the elderly get rises as the price of the basket rises then Social Security would not provide a decrease in their standard of living but would rather leave it unchanged so this answer is <u>FALSE.</u>
2. If Healthcare is said to be rising faster than inflation and elderly people consume more health care then that means that Social security benefits which are based on a inflation are not capturing the rise in living expenses for the elderly appropriately. This means that old people might be worse off. This is therefore <u>TRUE. </u>
