Answer:
The correct answer is Double-declining-balance. The highest net income in year 2 is 6000.
This higher net income don´t mean the machine was used more efficiently under this depreciation method.
Explanation:
In the file attached you will find a depreciation schedule for each of the alternative methods.
Each method need different calculus.
Straight-line
depreciation expense=(Original Value -Residual Value)/Useful life=
depreciation expense=4400
Units-of-production
estimated productive life 10000
Units of Production Rate=(Original Value -Residual Value)/estimated productive life=2,2
Double-declining-balance.
Depreciation rate = 1/useful life *100= 20,00%
Answer:
Do chores at home and your parents will be able to give you some money
I think it would be B - employment success but i would get another opinion first
Answer:
some obligations payable at some date beyond the operating cycle.
Explanation:
Liabilities refer to money that a business owes to other entities. They are debts a firm acquires in its normal business operations. Liabilities are categorized as either long-term or short-term.
Long term liabilities are obligations that are not due for repayment in the current financial year. They are debts that the company is expected to pay in future financial periods. Long-term liabilities due dates are after one year and beyond. Short-term liabilities contrast long-term liabilities because the due date for the former is in the current financial year.
