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
CaHeK987 [17]
2 years ago
11

84,000 on January 1, 2021. The equipment is expected to have a five-year life and a residual value of $3,300. Using the straight

-line method, the book value at December 31, 2021, would be:
Business
1 answer:
Oksana_A [137]2 years ago
5 0

Answer:

$67,860

Explanation:

Depreciation = Cost - Residual amount ÷ Useful life

                       = ($84,000 - $3,300) ÷ 5

                       = $16,140

Book Value = Cost - Accumulated depreciation

therefore,

Book Value = $84,000 - $16,140

                    = $67,860

thus

The book value at December 31, 2021, would be: $67,860

You might be interested in
When choosing a distraction channel, the impact it has on an offering's costs can significantly affect the Of the offering and h
lions [1.4K]

Hi, you've asked an incomplete question. However, I provided some explanations on distribution channels.

<u>Explanation:</u>

Interestingly, the term distribution channel is one often used in businesses today to refer to the various routes or intermediaries their goods or services passes through before it gets to the end-user or buyer.

Today the popular distribution channels among businesses include:

  • retailers,
  • wholesalers,
  • distributors,
  • the Internet.

Among the various options, the internet has been attributed by some big businesses to be most instrumental in their distribution process.

6 0
3 years ago
Gwen had $463.24 in her checking account, and a check that she wrote to her landlord for $470.00 was just deposited. this will r
kenny6666 [7]

I beleive it is

A. Overdraft fee

4 0
3 years ago
The major drawback of taking out a loan to start a company is?
steposvetlana [31]

Answer: you have to pay back the loan once you start making money. in general you have to pay back the loan. everyone wants free money.

4 0
2 years ago
The total cost of Jurislon to be purchased in August is: Multiple Choice $1,839,600 $1,208,700 $1,014,300 $1,017,000
ivann1987 [24]

Answer:  $‭1,014,300‬

Explanation:

The company wants to maintain 20% of the next month's needs as ending inventory.

One Miniwap requires 2.5 kg of Jurision to be made.

Materials purchased is;

= Ending inventory + Materials used - Begining inventory

Ending Inventory;

= 20% of September Jurision

= 20% * 21,300 * 2.5

= 10,650 kg

Materials used

= 2.5 kg * August Miniwaps

= 2.5 * 22,600

= 56,500 kg

Materials Purchased = 10,650 + 56,500 - 10,800

= 56,350‬ kg

Cost of Jurision is $18 per kilo

= 56,350‬ * 18

= $‭1,014,300‬

3 0
3 years ago
Monte Vista uses the perpetual inventory system. At the beginning of the quarter, Monte Vista has $44,000 in inventory. During t
Akimi4 [234]

Answer:

The answer is $18,810

Explanation:

Cost of goods sold equal:

Beginning or opening inventory plus purchases minus ending or closing inventory.

Monte Vista returned some inventories and also took advantage of discount. So this will reduce the cost of total purchases for the quarter.

Total purchase = new purchases minus purchase returns minus any discount enjoyed.

So total purchase is now:

$10,000 - $1,350 - $340

=$8,310

Therefore cost of goods sold is:

$44,000 + $8,310 - $33,500

=$18,810

4 0
3 years ago
Other questions:
  • Dizzy is not edwina's agent but enters into a contract with frida on edwina's behalf. edwina later contacts frida to affirm the
    7·1 answer
  • Goodman Corporation has sales volumes of 3,000 units at $80 per unit. Variable costs are 35% of the sales price. If total fixed
    10·1 answer
  • He slope of the _________________ is determined by the relative price of the two goods, which is calculated by taking the price
    14·1 answer
  • Moss County Bank agrees to lend the Ivanhoe Company $365000 on January 1. Ivanhoe Company signs a $365000, 6%, 9-month note. The
    14·1 answer
  • Beatrice invests $1,320 in an account that pays 4 percent simple interest. How much more could she have earned over a 5-year per
    10·1 answer
  • In Year 1, Costello Company performed work for a customer and billed the customer $14,000. In Year 2, the customer pays Costello
    12·1 answer
  • Starting an investment portfolio at a young age means:
    6·1 answer
  • Production Budget
    5·1 answer
  • Briefly explain the laws that apply to the promotion of this product/service.
    15·1 answer
  • The federal and most state judicial branches have at least these three levels in the court system:
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!