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
rewona [7]
3 years ago
9

Doe, Inc. purchased a bulldozer at a cost of $300,000. The bulldozer has an estimated residual value of $20,000 and an estimated

life of 10 years, or 15,000 hours of operation. The bulldozer was purchased on January 1, 2020 and was used 500 hours in 2020 and 3,000 hours in 2021. What method of depreciation will produce the maximum depreciation expense in 2021
Business
1 answer:
Igoryamba3 years ago
8 0

Answer:

48,000

56,000

the unit of production method

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($300,000 - $20,000) / 10 = $28,000

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)  

Depreciation in 2021 = 2/10 x $300,000 = $60,000

Book value in 2022 = $240,000

Depreciation in 2022 = 48,000

Unit of production = number of hours in 2022 / total number of hours) x (cost of asset -- savlage value)

You might be interested in
Which of the following are examples of how everyday people use the skill of technology in their daily skills
Vitek1552 [10]

The sentence that depicts the examples of how everyday people use the skill of technology in their daily skills is option E. All of these are examples of how everyday people use the skill of technology in their daily skills

<h3>What is technology?</h3>

Technology is the result of compiled knowledge and application of skills, methods, and processes used in industrial production and scientific research. Technology is found in the operation of all machines, with or without detailed knowledge of their function, for the intended purpose of an organization.

Therefore the correct answer is option E. All of these are examples of how everyday people use the skill of technology in their daily skills

The complete question goes thus:

Which of the following are examples of how everyday people use the skill of technology in their daily skills

A. Paying bills online

B.Checking email on their phone

C.Scanning a transportation card on the subway

D.Taking this online class

E. All of these are examples of how everyday people use the skill of technology in their daily skills

learn more about technology: brainly.com/question/25110079

#SPJ1

6 0
2 years ago
the federal reserve: regulates the banking system. clears all checks. prints all currency. makes loans to individuals.
Andrew [12]

The Federal reserve regulates the banking system. The American government's central bank and monetary authority is known as the Federal Reserve System.

  • A secure, adaptable, and stable monetary and financial system is provided by the Fed for the nation.
  • The 12 regional Federal Reserve Banks that make up the Federal Reserve System are each in charge of a particular part of the country.
  • Conducting national monetary policy, overseeing and regulating banks, preserving financial stability, and offering banking services are among the Fed's primary responsibilities.
  • The Fed manages the nation's money supply through the Federal Open Market Committee, which also sets monetary policy.
  • The Federal Reserve System's primary regulator of banks that are members is the Fed, which has broad authority to take action to promote financial stability.

Learn more about Federal Reserve System, here

brainly.com/question/3603615

#SPJ4

6 0
1 year ago
In his book The Optimum Quantity of Money​, Milton Friedman talks about a helicopter dropping​ $2,000 over a community. The cash
Pepsi [2]

Answer:

A) Somewhat​ effective, but only to the extent that most of the tax cut is concurrently spent on domestic​ output, that multiplier effects​ occur, and crowding out is small.

Explanation:

First of all, the larger amount of money would increase the inflation rate since aggregate supply hasn't increased. The number of goods and services offered do not vary, then only thing that varies is the amount of disposable money.

The larger the multiplier, the larger the positive effect. The multiplier formula = 1 / MPS (marginal propensity to save). Even though inflation increases, still the economy is going to grow. That unless the local residents decide to purchase many imported goods. The larger the amount of imported goods purchased, the lower the positive effects.

This type of policy can be very effective under conditions where deflation or inflation rates are near 0 or even negative. Although high inflation is very bad for the economy, a small amount of inflation is always needed to boost economic growth. The healthy inflation is around 1.5 - 2% per year. This way salaries and wages can grow, pushing aggregate demand and supply.

5 0
4 years ago
​In the context of consumer learning, which of the following statements is true of direct experience?​ Select one:
dimulka [17.4K]

Answer: Information acquired is extremely vivid.

Explanation: Consumer learning involves consumers acquiring knowledge about a product consciously or unconsciously which directly affects their view of the product.

Since the knowledge gotten about the product is directly gained by the consumer, it creates a clear and lasting impression on them.

8 0
3 years ago
Evaluate the advantages and disadvantages of horizontal, vertical and conglomerate mergers.
Mrac [35]

Some of the advantages are related to increased market share and product diversification, while the disadvantages are less flexibility and culture shock.

<h3 /><h3>What is an organizational merger?</h3>

Occurs in the legal merger of two or more companies with the aim of forming a new organization.

The horizontal merger occurs between two competitors, the vertical between a buyer and a seller, and the merger of conglomerates occurs in companies from different areas of activity.

Therefore, despite the advantages of increasing market value and positioning, the merger between companies can be a risky strategy if it is not established in a planned way.

Find out more about organizational merger here:

brainly.com/question/8126554

7 0
2 years ago
Other questions:
  • what statement is true? A. saving are a leakage in the circular flow of income B. Households pay wages to businesses C. Exports
    9·1 answer
  • Stone purchased farm land from Fowler with the idea of developing it. Fowler took part payment in cash and the balance in the fo
    8·1 answer
  • To what extent do stakeholders influence a plan and subsequent implementation of organization restructuring that accommodates ch
    11·1 answer
  • Which of the following choices is an example of an intangible item??
    8·1 answer
  • Mountain Made started the month with 3 quilts in its beginning inventory that cost $200 each. During the month, Mountain Made pu
    15·1 answer
  • "Division A, which is operating at capacity, produces a component that currently sells in a competitive market for $25 per unit.
    6·1 answer
  • In what section of the statement of cash flows will the issuance of bonds payable to acquire a building be reported?
    7·1 answer
  • If a broker has compensated a non-licensed person for activities that he or she is not licensed for, the broker is guilty of
    12·1 answer
  • 1. define the forming stage and list four activities that happen in this stage
    8·1 answer
  • You are Maria Herrera and have recently been promoted… Where are you going to do to address the issue?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!