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
Masja [62]
3 years ago
8

Testbank Multiple Choice Question 100 Bramble Corp. purchased machinery on January 2, 2015, for $880000. The straight-line metho

d is used and useful life is estimated to be 10 years, with a $86000 salvage value. At the beginning of 2021 Bramble spent $188000 to overhaul the machinery. After the overhaul, Bramble estimated that the useful life would be extended 4 years (14 years total), and the salvage value would be $42000. The depreciation expense for 2021 should be
Business
1 answer:
ValentinkaMS [17]3 years ago
5 0

Answer:

33,585.71

Explanation:

You might be interested in
Sun Inc. assigns $6,000,000 of its accounts receivables as collateral for a $2 million 8% loan with a bank. Sun Inc. also pays a
meriva

Answer:

The answer is: Assigning accounts receivables as collateral for a bank is not a asset transfer.

Explanation:

Even as the bank offers Sun Inc. with a factoring limit, the accounts receivables are still in the firm's accounting book. The firm has the obligations to go after their debtors for collections. The account receivables are transferred to creditors when a company becomes defaulted or bankrupted.

7 0
3 years ago
_____-is the cost of the merchandise that the merchandiser has sold.
Effectus [21]

It should be the price right?

7 0
3 years ago
Read 2 more answers
Green Frog is an environmentally friendly firm in the cosmetics industry. Even though Green Frog is environmentally friendly, th
kakasveta [241]

Answer:

D) Growth in earnings per share averaging 15% or better annually for the next five years

Explanation:

First of all, objectives must be well defined and measurable. That is why increasing profitability is a good idea but not a very good strategic objective, since a 0.00001% growth in profits will still comply with it. The same applies with growing market share.

Improving product quality will help improve total sales but it is not a financial objective.

The only financial objective that is precise and measurable is option D, which sets the goal of increasing earnings per share at least 15% every year.

5 0
3 years ago
Use your notes to explain how prices affect demand.
abruzzese [7]

Answer:

Amount of a product people purchase at various prices. ... There exists an inverse relationship between price and quantity demanded. As the price of a good or service goes up, the number sold (quantity demanded) goes down. As the price of a good or serve goes down, the number sold (quantity demanded) goes up.

7 0
2 years ago
The management accountant at Technology Innovators determined $500,000 is the organization's earning goal to accommodate the org
Margaret [11]

Question:

Which of the following management responsibilities is the managerial accountant using in this example?

Answer:

Planning, which includes setting goals and objectives for the organization as well as determining how to accomplish those goals.

3 0
3 years ago
Other questions:
  • The margin of safety is the amount that sales can drop before the company incurs a loss.
    5·1 answer
  • A stock pays a constant annual dividend and sells for $31.11 a share. if the dividend yield of this stock is 9 percent, what is
    5·1 answer
  • 8. Unemployment insurance contributes to structural unemployment by: A. keeping wages above the market-clearing level. B. keepin
    7·1 answer
  • ​"Baxton Courier Services recently gave all its employees electronic tablets to accurately track the whereabouts of its ​shipmen
    12·1 answer
  • Fortune, Inc., is preparing its master budget for the first quarter. The company sells a single product at a price of $25 per un
    7·1 answer
  • The following materials standards have been established for a particular product: Standard quantity per unit of output 4.4 pound
    11·1 answer
  • an artist brought a breach of contract claim against a museum...what effects will the dismissal order have
    13·1 answer
  • the condition of Nepalese worker in foreign employment is poor what are the reasons behind it write any five reasons​
    14·2 answers
  • Is it better to create a product that benefits society or create a product that consumers want?
    5·1 answer
  • When a person at a lower level skips a level in the organization chart and consults his or her boss's boss, that person is said
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!