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IrinaVladis [17]
3 years ago
9

Bramble Corp. purchased a truck at the beginning of 2020 for $109000. The truck is estimated to have a salvage value of $3700 an

d a useful life of 121000 miles. It was driven 21000 miles in 2020 and 29000 miles in 2021. What is the depreciation expense for 2021
Business
1 answer:
Mariulka [41]3 years ago
4 0

Answer:

2020 = 18275.206

2021 = 25237.190

Explanation:

Cost of truck at beginning of 2020 = $109,000

Salvage value = $3700

Useful life = 121,000 miles

Miles driven in 2020 = 21000

Miles driven in 2021 = 29000

Depreciation expense 2020:

((Cost of asset - salvage value) / useful life) * miles driven in 2020

((109,000 - 3700) / 121000) * 21000

0.8702479 * 21000 = 18275.206

Depreciation expense 2021:

((109,000 - 3700) / 121000) * 29000

= 25237.190

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Alpaca Corporation had revenues of $250,000 in its first year of operations. The company has not collected on $18,900 of its sal
Sever21 [200]

Answer:

$84,360.00  

Explanation:

The cash balance at the end of the year is simply total cash receipts minus total cash payments which is further analyzed below:

Cash receipt from sales=total sales-accounts receivable=$250,000-$18,900=$ 231,100.00  

Cash paid for merchandise purchase=purchases-accounts payable=$96,000-$27,000=$69,000

Salaries paid     $12,700

Cash from  owners is $14,000

cash from borrowing is $14,000

interest paid is $3800

insurance paid is $7,800

Tax paid=(sales-purchases-salaries paid-insurance cost(one year)-interest paid)*tax rate

insurance for one year=$7800*1/2=$3,900

tax paid=($250,000-$96,000-$12,700-$3,800-$3,900)*40%=$53440

Cash balance=$231,100-$69,000-$12,700+$14,000-$14,000-$3800-$7800-$53440=$84,360.00  

 

4 0
3 years ago
Polani was giving ahmed directions to her house. She told him to turn right at the gas station, and then go straight for three l
postnew [5]

Based on the fact that Polani was using the gas station, lights, and the fast-food restaurants, the factor used to help Ahmed recall the directions were landmarks.

<h3>How to direct with landmarks?</h3>

Directing a person with landmarks is one of the best and most effective ways to direct people. This is because landmarks are easily noticeable and so can be used as markers to help a person to navigate across town and reach their destination.

Polani used the landmarks, the gas station, street lights, and the fast-food restaurant. Getting to each of these places is easy because it is noticeable so Polani used landmarks to help Ahmed.

Find out more on giving directions at brainly.com/question/28108225

#SPJ1

4 0
1 year ago
the accompanying diagram depict's alex's demand for shoes. a. if shoes cost $50 a pair, how many pairs of shoes will alex buy?
luda_lava [24]

If shoes cost $50 a pair, the number of shoes she would buy is 5.

<h3>How many shoes will she buy?</h3>

The image shown is a demand curve. A demand curve shows the relationship between price and quantity demanded. Price is on the y-axis and quantity demanded is on the x-axis.

In order to determine the quantity demanded, trace $50 to the curve and trace it down to the x axis.

Please find attached the diagram used in answering this question. To learn more about the demand curve, please check: brainly.com/question/25140811

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6 0
2 years ago
In ______ feedback, the receiver provides nonevaluative information to the communicator.
umka21 [38]

In informational feedback, the receiver provides non-valuative information to the communicator.

Feedback in the context of communication refers to a reaction from the recipient that informs the communicator of the message's effectiveness and whether it needs to be amended.

Alternatively said, feedback is the message's reception by the recipient

Corrective feedback is when the receiver challenges the initial communication in response to informational feedback, which is when the receiver provides non-evaluative information to the communicator.

Reinforcing feedback occurs when the recipient expresses explicitly that she has understood the message and its goals.

Hence, in informational feedback, the receiver provides non-valuative information to the communicator.

Learn more about communication:

brainly.com/question/4999885

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8 0
2 years ago
Points $A$, $B$, $C$, and $D$ are located on a line. $A$ is at $(-6,13)$, $D$ is at $(2, 14)$, $C$ is the midpoint of $\overline
dedylja [7]

Answer:

9.25

Explanation:

∵ The coordinates of midpoint of a line segment having end points (x_1,y_1) and (x_2,y_2) are,

(\frac{x_1+x_2}{2},\frac{y_1+y_2}{2})

Given,

The coordinates of A are (-6, 13),

Coordinates of D are (2, 14),

If C is the midpoint of line segment AD,

Then the coordinates of C are,

(\frac{-6+2}{2}, \frac{13+14}{2})

=(\frac{-4}{2},\frac{27}{2})

=(-2, 13.5)

Now, if B is the mid point of line segment AC,

Then the coordinates of B are,

(\frac{-6-2}{2},\frac{13+13.5}{2})

=(\frac{-8}{2}, \frac{26.5}{2})

=(-4, 13.25)

Hence, the sum of the coordinates of B = -4 + 13.25 = 9.25

4 0
3 years ago
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