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
AveGali [126]
3 years ago
5

ABC purchased equipment for $60,000 on January 1, 2018. The equipment is expected to have a five-year life, with a residual valu

e of $5,000 at the end of five years. Using the straight-line method, depreciation expense for 2019 and the book value at December 31, 2019 would be:
Business
1 answer:
Sever21 [200]3 years ago
3 0

Answer:

Depreciation expense - 2019  = $11,000

Book Value - 2019  = $38,000

Explanation:

Straight Line method charges a fixed depreciation charge as :

Depreciation Expense = (Cost - Residual Value) ÷ Useful Life

therefore,

Depreciation expense = $11,000

Book Value = $60,000 - $11,000 - $11,000 = $38,000

You might be interested in
Gannon Enterprises is in the midst of a major strategic change. To lessen resistance from some of thesenior managers who are opp
lions [1.4K]

Answer:

C. negotiation

Explanation:

3 0
3 years ago
Read 2 more answers
Which measure of central tendency would a baseball manager be most likely to rely on in picking a pinch hitter in a tie game
Helen [10]

Answer:

mean

Explanation:

5 0
2 years ago
Management is a process designed to achieve an organization's objectives by using its resources ____________ (accomplishing the
katrin [286]

Answer:

efficiently, effectively

Explanation:

Management can be regarded as coordination as well as administration of set and various tasks within an organization so that some set goals cn be achieved. Some of the administration activities to reach these goal could be putting up a strategy

as well as coordination of the efforts of employees as well as utilization of available resources.

It should be noted that Management is a process designed to achieve an organization's objectives by using its resources efficiently (accomplishing the objectives with a minimum of resources) and effectively

(having the intended result).

5 0
2 years ago
When the price of a good or service is _________enough, it will encourage consumers to buy. However, the price also has to be __
asambeis [7]

Answer:

The correct words for the blank spaces are (<em>in that order</em>): low; high; opportunity; reservation.

Explanation:

For buyers and sellers to benefit from a transaction, the price of the goods or services offered must be at equilibrium. It implies the price is low enough for consumers to consider purchasing the product and high enough for producers to offer it earning a profit.

Besides, producers should consider their opportunity costs which are the costs of adding one more unit for production. On the other side of the road, consumers consumer their reservation price which is the maximum amount of money they could pay for a good or service based on the value they give to the product.

4 0
3 years ago
Your new team is working hard, but they are all less experienced than you and don't complete their tasks as quickly
hammer [34]

Answer:

I would personally try to teach them myself since I have more experience and help them get better at their work environment.

Explanation:

8 0
3 years ago
Other questions:
  • Daniel is the owner of a company that manufactures automobile parts. He owns all the factories of the company and employs 3,000
    5·1 answer
  • Who is responsible for the overall management of a security detachment or department?
    15·1 answer
  • Match the name of each bank service to its description.
    5·1 answer
  • Fresnas Inc. is a company that manufactures bottles . Initially, the employees were divided into two teams to make it easier for
    7·1 answer
  • The use of teams is becoming increasingly prevalent in the U.S. workplace, partly because of the many benefits associated with t
    7·1 answer
  • quisletYour 15-year-old brother comes home with the great news that he has decided to buy his first car and has just agreed to g
    10·1 answer
  • If a number entered in an unformatted cell is too long to be displayed in the cell, what will be displayed? ####### scientific n
    13·1 answer
  • Kayak Co. budgeted the following cash receipts (excluding cash receipts from loans received) and cash payments (excluding cash p
    14·1 answer
  • Marginal cost ______(A) Is the change in total output from hiring one more factor of production.(B) Is the change in total cost
    9·1 answer
  • Demand determines price entirely when A) demand is downward sloping. B) demand is perfectly inelastic.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!