Answer:
The depreciation for the first year is $75,000
Explanation:
In working hours method the depreciation on a fixed asset is charged using the ratio of numbers of hours utilized by the asset in a period and lifetime working capacity in hours.
First, we need to calculate the Depreciable value
Depreciable value = Cost of Asset - Salvage value = $315,000 - $15,000 = $300,000
Depreciation = Depreciable value x Numbers of hours worked / Total working capacity of Asset = $300,000 x 25,000 / 100,000 = $75,000
Knowledge work includes, among other things, engineering, marketing, product design, and web design.
<h3>What distinguishes service work from manufacturing labor?</h3>
A service economy is built on knowledge-intensive industries and services in economic production, well-educated employees in the occupational market, and innovative enterprises in business. A manufacturing economy is driven by the mass production of products.
<h3>What are the names of networks of businesses that produce product designers, engineers, manufacturing firms, distribution channels, and consumer outlets?</h3>
A supply chain in business is a network of establishments that acquire raw materials, transform them into intermediate goods, and then distribute finished goods to customers.
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Answer:
B. may incorporate in any state it chooses.
Explanation:
Answer:
false
Explanation:
The allowance procedure estimates bad debt expense before an uncollectible account receivable has been purposed to be uncollectible.
