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wlad13 [49]
3 years ago
12

Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $81,400.

The machine's useful life is estimated at 20 years, or 387,000 units of product, with a $4,000 salvage value. During its second year, the machine produces 32,700 units of product.
Required:
Determine the machine's second-year depreciation using the double-declining balance method.
Business
1 answer:
ivann1987 [24]3 years ago
4 0

Answer:

$7,326

Explanation:

Double Decline Balance = 2 x SLDP x SLDBV

where,

SLDP = Straight Line Depreciation Percentage

          = 100 ÷ useful life

          = 100 ÷ 20

          = 5 %

and

SLDBV = Straight Line Percentage Book Value

Year 1

Double Decline Balance = 2 x 5% x $81,400

                                           = $8,140

Year 2

Double Decline Balance = 2 x 5% x ($81,400 - $8,140)

                                           = $7,326

Therefore

The machine's second-year depreciation using the double-declining balance method is $7,326.

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Ilya [14]

Answer:

The correct answer is (A)

Explanation:

Soft drink manufacturing industry faces a high threat of substitutes. Not many soft drink brand exit the market but many new companies and brand enter. Similarly, that is the reason why prices of soft drink do not fluctuate as compare to other food items. The competitive environment in the soft drink industry creates a high threat of substitutes.

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3 years ago
Assume Royal Palm Corp., an equipment distributor, sells a piece of machinery with a list price of $800,000 to Arch Inc. Arch In
Alexandra [31]

Answer:

a. $720,000

Explanation:

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The list price is $800,000 and the selling percentage is 90%

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3 0
3 years ago
How did the role of the onondaga people differ from the roles of the other four trives of iroquois nation?
maxonik [38]

According to Articles 1 and 10, the role of the Onondaga differs from that of the other four Iroquois tribes because the Onondaga land is planted with a tree of peace and they are firefighters.

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Learn more about Onondaga here :

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4 0
2 years ago
if data links connecting different parts of the united states were to fail, gdp would fall. if, on the other hand, the network o
photoshop1234 [79]

Answer:

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"If data links connecting different parts of the united states were to fail, gdp would fall. if, on the other hand, the network of state-of-the-art, high-speed connections were doubled in size" what will happen are given below;

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