Answer:
A. Year 2 $31,500
Year 2 $31,500
B. Year 1 = 63,000
Book Value of Tractor $252,000
Year 2 $ 50,400
Book Value of Tractor $201,600
Explanation:
a. Calculation to Determine the depreciation for each of the first two years by the straight-line method
Year 1 = $315,000 / 10
Year 1 = $31,500
Year 2 = $315,000 / 10
Year 2= $31,500
B) Calculation to determine the depreciation for each of the first two years by the double-declining-balance method
Based on the information given we are first going to calculate the percentage of depreciation using straight line method and then double it
Percentage = $ 315,000 *10%
Percentage=$31,500
Now let depreciation the book value each year by 20% Using the double-declining-balance method method
Year 1=20% of $ 315,000
Year 1= 63,000
Book Value=$315,000 - $63,000
Book Value= $ 252,000
Year 2= 20% of 252,000
Year 2 = $ 50,400
Book Value=$ 252,000 -$50,400
Book Value= $201,600
Answer:
Price and quantity both increase
Explanation:
The decrease in the price of soda can caused increase in demand of soda. But because customers like to enjoy movies,soda and popcorn together, the increase in demand of popcorn is possible, which can cause increase in price and quantity of popcorn.
Answer:
An organization of workers that negotiates with employers, as a group, over wages and working conditions.
Explanation:
Answer:
The answer is: True
Explanation:
Strategic positioning refers to carrying out activities that will differentiate your business from its competition.
By offering weekly workshops, Johnson's Fruit Farm is developing a core competency which will help them gain competitive advantage over other stores in their county.
If Tim were taking any other drug, it would most likely be amphetamines. Amphetamines are nervous system stimulants, thus it is helpful for those that are hyperactive.
