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Soloha48 [4]
3 years ago
15

Bramble Corp. purchased a machine for $65600 on July 1, 2020. The company intends to depreciate it over 8 years using the double

-declining balance method. Salvage value is $5200. Depreciation for 2020 to the closest dollar is:________a. $16650 b. $32300 c. $14569 d. $18325
Business
1 answer:
KonstantinChe [14]3 years ago
4 0

Answer:

$16,400

Explanation:

Depreciation for 2020 is calculated as;

= (Cost - Nill value) × 50% × 6/12[July to December)

Given that ;

Cost = $65,600

Depreciation = ($65,600 - 0) × 0.5 × 6/12

Depreciation = $16,400

Therefore, depreciation for 2020 is $16,400.

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Answer:

Hire more labor and increase the output.

Explanation:

Because Rear Gear is a profit-maximizing firm, it will  hire more labor and increase the output.

This is because, when the firm has purchased a new sewing machine, they need to produce more in order to capture the fixed cost of production (i.e. cost of sewing machine). In order to do so, they need to hire more workers or labour to increase the total output.

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3 years ago
During the year just ended, Shering Distributors, Inc., had pretax earnings from operations of $490,000. In addition, during the
mixas84 [53]

Answer:

A) Shering's operating activities reported a $490,000 pretax profit, and since their tax rate is 40%, their taxes = $490,000 x 40% = $196,000

B) Shering only has to include 30% of the dividends received from Tank as taxable income = $20,000 x 30% = $6,000, plus the $20,000 from bonds form Zig = $26,000

Shering will owe $26,000 x 40% = $10,400 in taxes, and its after tax income = $40,000 - $10,400 = $29,600

3 0
3 years ago
suppose the labor force in an economy equals 153 million workers. out of 153 million workers, 145.2 million workers are employed
34kurt

The unemployment rate equals 5.10 percent

What is unemployment rate?

Unemployment rate is the portion of the labor force in an economy who are unable to find jobs for living.

The unemployment rate is determined as the number of unemployed divided by the labor force, in other words, the unemployment rate is computed thus:

unemployment rate=unemployed/labor force

unemployed=7.8 million

labor force=153 million

unemployment rate=7.8 million/153 million

unemployment rate=5.10%

Find out more about unemployment rate on:brainly.com/question/18120862

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4 0
2 years ago
Read 2 more answers
Marco creates a budget for himself. He would like to buy ice cream once a week, but doesn't have enough money to do so in his cu
madam [21]

Answer:

Income

Explanation:

5 0
3 years ago
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How is having a security system for your home a risk
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<h2>The security system will alert authorities and deter  criminals, protecting your valuables and property. </h2><h2>The security system will give you peace of mind</h2>

Explanation:

Option 1: We cannot say that every visitor will be a thief or criminal. So a "home security system" is to stay alert from danger

Option 2: Burglars and home security system is to alert authorities and to protect our valuables. But home security system in addition can detect flood, fire, etc.

Option 3: Yes that's true. We feel like there is someone to protect us and our valuables. So it provides peace of mind.

Option 4: Why should we keep the doors unlocked? It will tempt for crime to happen. So this choice is invalid.

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