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
den301095 [7]
3 years ago
13

A company purchased a new delivery van at a cost of $61,000 on July 1. The delivery van is estimated to have a useful life of 5

years and a salvage value of $4,900. The company uses the straight-line method of depreciation. How much depreciation expense will be recorded for the van during the first year ended December 31?
a. $5,880.
b. $5,610.
c. $6,590.
d. $11,220.
e. $6,100.
Business
1 answer:
faust18 [17]3 years ago
4 0

it's half a year out of 5, so 1/10 of the useful lifetime of the van

$61,000 - $4,900 is $56.1000

one tenth of that will be what we are looking for, so option b. should be just right to fit here

You might be interested in
When financing a car, you must pay ___ on the amount borrowed.
goldfiish [28.3K]
The answer is interest. whenever you take a car loan from a bank or a financial institution, you always have to pay interest on the amount borrowed or the principal amount. the interest is how the financial institution or bank will earn through lending money
7 0
3 years ago
Q: In about 200 words, write an essay analyzing the STEEPLE Module .
Kaylis [27]

The STEEPLE model is a very complete model that can be used to analyze the factors that affect a specific situation.

<h3>What is the STEEPLE model?</h3>

This is an analysis model in which each letter represents a factor to be analyzed:

  • Social
  • Technology
  • Economic
  • Environmental
  • Political
  • Legal
  • Ethical

<h3>What is an example of this model?</h3>

Let's analyze a war between two countries:

  • Social: The families are negatively affected by the war.
  • Technology: Weapons and other technologies are used as part of the war.
  • Economic: The economy of the countries involved and other nearby countries can be negatively or positively affected.
  • Environmental: There is pollution due to waste derived from weapons.
  • Political: Most wars are the result of political conflicts.
  • Legal: There are specific international rules that regulate wars.
  • Ethical: The use of weapons against a population rises ethical concerns and dilemmas.

Learn more about analysis in: brainly.com/question/5040600

4 0
2 years ago
What is the difference between carriage forward and carriage paid?
USPshnik [31]

Answer: carriage forward means delivery is being laid by the buyer. Carriage paid means delivery is paid by the seller.

7 0
2 years ago
XYZ Co. has forecasted June sales of 400 units and July sales of 700 units. The company maintains ending inventory equal to 125%
Gnesinka [82]

Answer:

775 units

Explanation:

By forecast,

June sales = 400 units

July sales = 700 units

if ending inventory equal to 125% of next month's sales

Then June's ending inventory = 125% × 700

                                                  = 875 units

May's ending inventory = 125% × 400

                                       = 500 units

Opening inventory + production - sales = closing inventory

Using the formula above, where p = production

500 + p - 400 = 875

p = 875 - 100

p = 775

Production required for June is 775 units.

7 0
3 years ago
Which of the following mechanisms would be most likely to help motivate managers to act in the best interests of shareholders?
myrzilka [38]

Answer:

The correct answer is d) Increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries.

Explanation:

Option D. represents two situations that perfectly describe the interest that the shareholders pursue: the maximization of the profits of the company where they have their resources invested.

The shareholder, on the other hand, is also an investor, since he contributes capital with a view to obtaining a dividend.

Its investment is said to be in equities, given that there is no contract through which the shareholder will receive fixed fees in return for his investment. Their remuneration is through two ways:

  1. Dividend
  2. Increase in the price of the company. This is produced by its good progress and its ability to generate future benefits, as well as by the increase in assets through past benefits.
5 0
3 years ago
Other questions:
  • ____ help companies meet the legal requirement that their human resource decisions be job-related.
    9·1 answer
  • Liquid dry shampoo should be used to clean what kind of wigs
    7·1 answer
  • Information about culinary arts
    14·1 answer
  • In a _______, the majority of a nation’s land, factories, and other economic resources are privately owned by individuals or bus
    12·1 answer
  • Ed died while employed by Violet Company. His wife collected $40,000 on a group term life insurance policy that Violet provided
    12·1 answer
  • The LM curve illustrates that when income increases:________.
    15·1 answer
  • Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the f
    7·1 answer
  • An election is being held to fill three seats on the board of directors of a firm in which you hold stock. The company has 8,200
    5·1 answer
  • The stockholders’ equity section of Fauberg Marigny Corporation at December 31 is as follows.
    5·1 answer
  • costs that a firm remaining in business will still incur even if it halts current production are called
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!