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Black_prince [1.1K]
3 years ago
11

When a company records depreciation it debits:_____.

Business
1 answer:
Svetlanka [38]3 years ago
4 0

Answer: A. Depreciation Expense and credits a contra-asset account.

Explanation:

Depreciation is an expense which means that when it is incurred, it will be debited because expenses are debited to show that they have increased.

Depreciation reduces the value of an asset so the asset needs to be credited which is what is done when an asset reduces. The full entry would therefore involved a debit to the Depreciation account and a credit to the asset account that is being depreciated.

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Air Purifier, Inc., computes its break-even point strictly on the basis of cash expenditures related to fixed costs. Its total f
Talja [164]

Answer:

123456

Explanation:because

8 0
3 years ago
What are the following changes in trade would produce the greatest increase in GDP?
Yuki888 [10]
The changes in trade that would produce the greatest increase in GDP is increasing the sales of domestic Consumption  and increasing trade surplus
GDP is calculated by :
C + I + G  + (Ex - Im)

Hope this helps
6 0
3 years ago
Read 2 more answers
Sunrise foods has been developing a new line of meatless breakfast sandwiches. Sunrise has identified a market segment and, thro
musickatia [10]

Answer:

Responsiveness

Explanation:

Segmentatiom is the process by which a business targets a group of customers based on shared characteristics which may include education, income, age, race, location, and so on.

Responsiveness is the stage of segmentatiom where the appeal of the product to customers are tested. It is a very important stage. If customers don't respond positively to a product the aim of targeting them is defeated.

Sunrise foods used surveys and blind taste tests to guage the responsiveness of the segment to the new line of meatless breakfast sandwiches. The result was a favourable reaction from the segment to the new product offering.

3 0
3 years ago
"Consider a C corporation. The corporation earns $13 per share before taxes. After the corporation has paid its corresponding ta
Eddi Din [679]

Answer:

$1.41144

Explanation:

<em>Assuming that </em><em>distribution of its earning to its shareholder is 30% </em><em>as against the 0% which is likely a mistake because the tax rate on dividend income of 27% is also given in the question</em>

Earning before tax                $13

Less: Corporation tax           <u>$5.46</u>

($13 * 42%)

Earnings after tax                 <u>$7.54</u>

<u />

Dividend distribution = $7.54 * 30% = $2.262

After tax dividend = $2.262 * (1-0.27) = $2.262 * 0.78 = $1.7643

Shareholder earnings after Income tax = $1.7643 * (1 - 0.20) = $1.7643 * 0.80 = $1.41144

Therefore, the Shareholder earnings from the Corporation assuming the <em>distribution of its earning to its shareholder is 30% </em>is $1.41144

4 0
3 years ago
Assume that England and Spain each has 40 labor hours available. Originally, each country divided its time equally between the p
Law Incorporation [45]

Answer: a. 15

Explanation:

Given;

Labour hours available to each nations.

England = 40 labour hours.

Spain = 40 labour hours.

Solution:

Total production of bread in 40 labour hours for each nation from the table is 15.

England = 10

Spain = 5

Since both nations decided to focus on their strength where they pose comparative advantage, the production of cheese would increase by 15. As this is the amount of bread produced in that time frame of 40 labour hours.

3 0
3 years ago
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