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Zina [86]
3 years ago
8

Redeker Company purchased equipment on January 1, 2016, for $90,000. It is estimated that the equipment will have a $5,000 salva

ge value at the end of its 5-year useful life. It is also estimated that the equipment will produce 100,000 units over its 5-year life.
Required:
Compute the amount of depreciation expense for the year ended December 31, 2016, using the straight-line method of depreciation
Business
2 answers:
alex41 [277]3 years ago
7 0

Answer:

to the end of the sixth year;

b/ The number of years required before the capital stock exceeds $200 000.

Ksenya-84 [330]3 years ago
6 0

Answer:

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said

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Which of the following is normally a lawful question to ask during an employment interview?
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Your answer is...............d. If you were starting college all over again, what courses would you take?
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4 years ago
Which of your needs are not being met by businesses and/or nonprofit organizations in your area? Are there enough people with si
mash [69]

The needs that are not being met by business are man power,funds and strategy planning.The non-profit organization are funds.Yes, If you speak to entrepreneurs or non-profit organization they would call and talk about the funds.To find out meet friends whose dad run  businesses and donate at least $10 to an non profit organization.

Explanation:

  • Business has categories, Big caps, mid caps and small caps.
  • Big cap( Organization with huge business like MC Donald.
  • Mid caps ( Organization with employees about 500)
  • Small caps ( SME small medium enterprise about 5 - 10 employees)
  • Small scale enterprises have bigger problems they are not sustained.
  • They run with employees who are not strategically smart and limited
  • To start  entrepreneurs must have land, labor,capital and organization.
  • They are having minimum of that which is the important part.
  • Non-Profit organization have categories to they known and unknown.
  • The known ones are funded with bigger organization.
  • The unknown ones are not but yet there could be differences.
  • The Non-profit organization fights,poverty, female gender for basic.
  • Necessity which is apparently still a big problems.
4 0
3 years ago
Match the following statements to the appropriate terms.
ololo11 [35]

Answer:

Matching Statements to Appropriate Terms:

Price-earnings ratio = Profitability Ratio

Return on Assets = Profitability Ratio

Accounts Receivable Turnover = Liquidity Ratio

Earnings per share = Profitability Ratio

Payout ratio = Profitability Ratio

Working capital = Liquidity Ratio

Current ratio = Liquidity Ratio

Debt to Assets = Solvency Ratio

Free Cash Flow = Solvency Ratio

Explanation:

Profitability Ratios are one of the classes of financial metrics that measure a business's ability to generate earnings relative to its revenue, operating costs, assets, or shareholders' equity during a period of time.

Liquidity Ratios measure the ability of the company to pay its maturing short-term debt obligations from its current assets.  They include the working capital, the current ratio, and the acid-test ratio.

Solvency Ratios measure the ability of the company to pay its maturing long-term debt obligations from its assets.

8 0
3 years ago
BruceCo is a company that makes products for the coffee industry. They subscribe to a clipping service that monitors newspapers
Gemiola [76]

Answer: Marketing Intelligence.

Explanation:

BruceCo action to gather information on coffee from newspapers of various major cities around the world is method by which they increase their market intelligence. Market intelligence is a method business use to increase knowledge about their target market by gathering information on that market.

5 0
3 years ago
The allowance method of estimating uncollectible accounts receivable based on an analysis of receivables shows that $839 of acco
In-s [12.5K]

Answer:

$1,037

Explanation:

Allowance for doubtful accounts is a contra asset account that must have a credit balance since it reduces the value of accounts receivable. In this case, since the account had a debit balance of $198, and the ending balance of the account should be $839, then we must credit = $839 + $198 = $1,037

The adjusting entry should be:

December 31, adjusting entry allowance for doubtful accounts

Dr Bad debt expense 1,037

    Cr Allowance for doubtful accounts 1,037

6 0
3 years ago
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