Answer:
Annual depreciation 2017= $8,000
Explanation:
Giving the following information:
The cost of the asset is $50,000 with an estimated five-year life and $10,000 salvage value at the end of its useful life.
T<u>o calculate the depreciation expense under the straight-line method, we need to use the following formula:</u>
<u></u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (50,000 - 10,000)/5
Annual depreciation= $8,000
Answer:
depreciation expense 4,062.5 debit
accumulated depreciation 4,062.5 credit
Explanation:
We will do the depreciation without doing retrospective adjustement as this is new information not an accounting mistake.
book value: 70,000
change in salvage value: 5,000
depreciable ammount : book value - new salvage value:
70,000 - 5000 = 65,000 depreciable amount
useful life: 8 years
65,000 / 8 = 8.125
half-year depreication: 8,125 / 2 = 4,062.5
I would argue yes, you don’t want to borrow a loan because then they still charging fees if you don’t pay monthly. Taking a year of to earn money for school and not having to loan money is a great idea.
Answer:
The correct answer is (B)
Explanation:
The public cloud is characterised as processing administrations offered by outsider suppliers over the open Internet, making them accessible to any individual who needs to utilise or buy them. They might be free or sold on-request, enabling clients to pay just per use for the CPU cycles, stockpiling, or transfer speed they consume.
Answer:
a. This type of study is known as probability sampling.
b. Since we’d like to make sure the survey represents opinions from students of all ages, we can use stratified sampling.
<u>Probability Sampling
</u>
- In probability sampling each element of the population has an equal chance of being selected for the sample.
- Probability sampling helps us to create a sample that is truly representative of the population.
- A sample that truly represents the population ensures that the statistical conclusions are valid.
<u>Stratified Sampling
</u>
In stratified sampling, the population is divided in different classes that are known as strata. Once this classification has been done, we randomly select a sample.
Since our objective for the survey is to collect opinions from students of all years, we can divide the student population into four strata based on age, and select a probability sample from each stratum.
