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Daniel [21]
2 years ago
12

TB MC Qu. 08-104 Marlow Company purchased a point of... Marlow Company purchased a point of sale system on January 1 for $3,400.

This system has a useful life of 10 years and a salvage value of $400. What would be the depreciation expense for the first year of its useful life using the double-declining-balance method
Business
1 answer:
Fittoniya [83]2 years ago
3 0

Answer:

$680

Explanation:

Calculation to determine What would be the depreciation expense for the first year of its useful life using the double-declining-balance method

Depreciation expense=3400*(100%/10 * 2)

Depreciation expense=3400*.2

Depreciation expense= 680

Therefore What would be the depreciation expense for the first year of its useful life using the double-declining-balance method is $680

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Why are supply and demand curves sloping in opposite directions?
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6 0
3 years ago
"'Suppose that while in college, you saved money by eating generic fruits and vegetables from the grocery store. Now, suppose th
zysi [14]

Answer:

Normal goods

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls.

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8 0
3 years ago
Heuristics a. are shortcuts that save time and energy in decision making. b. are rules of thumb that generate decisions that gen
saul85 [17]

Answer:

The correct answer is letter "A": are shortcuts that save time and energy in decision making.

Explanation:

Heuristics is a practical technique for problem-solving. It is creative at the moment of taking decisions and can be applied to any matter of study. Sometimes heuristics are emotionally-based but in some other cases, it is knowledge-influenced. <em>While heuristics can save an individual's time and energy it could not lead them to make the best choice.</em>

6 0
3 years ago
You notice that​ Coca-Cola has a stock price of $ 41.42 and EPS of $ 1.74. Its competitor PepsiCo has EPS of $ 4.04. ​But, Jones
alexira [117]

Answer:

The estimate value of share of PepsiCo stock is  $96.152

Explanation:

Given,

Stock Price of Coca- Cola (MPS which is Market Price per share) is $41.42

EPS (Earnings Per Share) is $1.74

Putting the values in the P/E ratio, for computing the P/E ratio as:

P/E ratio = MPS / EPS

= $41.42 / $1.74

= 23.80

Jones Soda P/E ratio is 33.9

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Computing the estimate value of share of PepsiCo stock is as:

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= $4.04 × 23.80

= $96.152

6 0
3 years ago
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