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
Fittoniya [83]
3 years ago
10

Sheridan Chemicals Company acquires a delivery truck at a cost of $27,200 on January 1, 2022. The truck is expected to have a sa

lvage value of $4,300 at the end of its 5-year useful life. Compute annual depreciation for the first and second years using the straight-line method.
Business
1 answer:
umka2103 [35]3 years ago
6 0

Answer:

$4,580 and $4,580

Explanation:

The depreciation expense computation for the first and second year under straight line method is as see below;

= Original cost - Residual value / Useful life

= ($27,200 - $4,300) / 5yrs

= $22,900 / 5yrs

= $4,580

With regards to using the straight line method, the depreciation value is the same for all the remaining useful years.

It therefore means that for the first and second year, the same depreciation value of $4,580 should be charged distinctly for each year.

You might be interested in
what is usually the highest percentage of family income that lenders allow for monthly mortgage payments
timama [110]
The highest percentage of family income that lenders allow for monthly mortgage payments usually is 36%. This is an example of debt-to-income ratio usage to determine the portion of debt taken by an individual and comparing it with his/her income. The ratio can be obtained by dividing the total debt and the total income of that individual.
4 0
3 years ago
Explain the common causes of expatriate failure. What are the major success factors for success expatriates? Explain the role an
pentagon [3]

Fail:

1. Individual

2. Family

3. Cultural

4. Organisational

Success:

1. Professional and technical competence

2. Relational Abilities

3. Family Situation

4. Motivation

5. Language Skills

Explanation:

Role of expatriate failure and success expatriates:

Expatriate failure is generally defined as an affix which is either prematurely terminated or viewed by top management as unsuccessful. Most studies have concluded that the rate of failures is high, and depending on the country, they can range from 20 to 50 percent.

And in order to adapt the community to their new surroundings, it is necessary for those who associate with the assigned group and contribute to the progress of their task to resolve the difficulties outlined above.

Expatriate deficiency factors. An expatriate failure research conducted at Cornell University has shown some of the most mentioned reasons: the cultural shock: the adaptability of modern, different cultures is crucial to expatriate success. Professionals with these skills can often fight in a new environment. Innately.

Expatriates are staff of companies, which are involved in long or short-term enterprise ventures of one country in another. We help their companies to operate in other countries, to reach the international markets or to migrate their business associates knowledge and skills.

7 0
3 years ago
Spiffs is a slang word for dollars paid by manufacturers or distributors to retailers/retailers’ sales forces in order to motiva
Eddi Din [679]

Answer:

True, spiff is the actual word

Explanation:

A spiff, or spiv is slang for an immediate bonus for a sale. Typically, spiffs are paid, either by a manufacturer or employer, directly to a salesperson for selling a specific product.

5 0
3 years ago
Press agentry refers to the: A. Gathering of marketing research to determine the best public relations strategyB. Reciprocal arr
Pavlova-9 [17]

Answer:

C. Planning of activities and the staging of events to attract attention and to generate publicity.

Explanation:

When an individual or a company staged an event with the aim of catching the attention of the press or generate publicity, it is called press agentry.

Press agentry is mostly done by an organization to attract the public towards its product for personal gain. It focuses on the outcome of an event rather than the process that leads to the event.

Example of press agentry is when the CEO of a plastic industry suddenly announce an increment(about 500%) for its product. The increment generate uproar on social media because the company has become a household name and the product whose price was increased has also become a brand.

Due to the above scenario, the uproar would definately bring criticism to the company but such would also attract the media. The sudden increment will be termed publicity stunt to gain media attention.

3 0
4 years ago
Assume Uber planned to cut losses by 40 percent by withdrawing from countries like China and Singapore. A year has now passed si
yKpoI14uk [10]

Answer: The correct answer is "d. control the direction".

Explanation: Uber need to control the direction because:

a. make the plan  - The plan has already been drawn up, is to withdraw from China and Singapore.

b. make the goal  - The objective was not met because, despite having executed the plan, there are still losses.

c. define objectives  - The objectives have already been defined and is to reduce losses.

d. control the direction  - The executed plan is not fulfilling the objectives therefore it is necessary to control the direction of it.

e. carry out the plan - The plan has already been carried out, a year has passed and there are still losses.

6 0
3 years ago
Read 2 more answers
Other questions:
  • In an effort to decrease the amount of industrial waste generated during production, Cynthia wanted her company to use a new mac
    6·1 answer
  • Meggwatt Inc. is a company that manufactures electronic accessories. It studies the market standards for products similar to the
    6·1 answer
  • A firm recently replaced an existing piece of machinery with a different model that produces a higher-quality finished product w
    11·2 answers
  • M10-10 Computing and Reporting a Bond Liability at an Issuance Price of 102 [LO 10-3] E-Tech Initiatives Limited plans to issue
    10·1 answer
  • Herbert was employed for the first six months of 2017 and earned $90,000 in salary. during the next six months, he collected $8,
    7·1 answer
  • Question 2 (1 point)
    9·2 answers
  • Plz help me...Urgently Needed!!!​
    14·1 answer
  • If $25,000 of fixed costs will be eliminated by discontinuing the Sporty line, how will operating income be affected
    10·1 answer
  • The appeal of using multiple departmental overhead rates is that they presumably provide a more accurate accounting of the costs
    6·1 answer
  • The more extensive an electrical wiring system is, the more cost added to the project. true false
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!