Your market value is determined by what you bring to the job.<br><br> True<br> False

On January 1, Year 1, Li Company purchased an asset that cost $45,000. The asset had an expected useful life of five years and a

maw [93]

Answer:

$9,450

Explanation:

In straight line depreciation the Depreciable value (Cost of asset - Salvage value of asset) is expensed over useful life of the asset. Each year same value of expense is charged.

When the salvage value is revised the value of depreciation will also be revised.

First we will calculate the Book value at the beginning of year 4.

Depreciable value = $45,000 - $9,000 = $36,000

Depreciation per year = $36,000 / 5 years = $7,200 per year

Book Value at start of year 4 = $45,000 - ($7,200 x 3 ) = $23,400

after revision of salvage value:

Depreciable value at start of year 4 = $23,400 - $4,500 = $18,900

Numbers of year remaining = 5 - 3 = 2 years

Depreciation each year = $18,900 / 2 = $9,450

8 0

3 years ago

Suppose that the local sales tax rate is 4 %4% and you purchase a car for $ 13 comma 600$13,600. a. How much tax is paid? b. Wh

Oksi-84 [34.3K]

Answer:

Here the A) the amount of tax paid would be $544 and B) and the car's total cost would be $14,144.

Explanation:

GIVEN INFORMATION -

Local tax rates - 4%

Purchase cost of car is - $13,600

A) Formula for taking out the amount of tax paid is -

Purchase cost of car X Local tax rate

= $13,600 X 4%

= $ 544

B) For taking out the total cost for the car -

Purchase cost of car + amount of tax paid

= $13,600 + $544

= $14,144

4 0

3 years ago

Khalil is a network engineer for a bank with branches all over the world. Why would Khalil’s position be very important to his c

uysha [10]

Khalil’s position is indeed very important at his job. First of all, his job consists of working with computers, servers, network devices and other devices that are connected to one another. Devices that are connected to each other allow data to be shared, at Khalil’s job this is very important because the bank that he works for has branches all over the world and it is a key for the company to have good communication between all of the banks. Careers like Khalil’s are extremely important in our society today because of the fact that most of the communication in today’s jobs and schools is done virtually. Without network engineers our society would not function as is does now.

7 0

3 years ago

Competitive dynamics refers to the: a. circumstances in which competitors are aware of the degree of their mutual interdependenc

Nataly_w [17]

Answer:

d. ongoing set of competitive actions and competitive responses between competitors as they maneuver for advantageous market position.

Explanation:

Competitive dynamics refers to the ongoing set of competitive actions and competitive responses between competitors as they maneuver for advantageous market position.

This ultimately implies that, competitive dynamics comprises of various competitive actions or activities that a particular company or business firm engages so as to have a competitive advantage over its competitors in the same industry or market. Thus, it avails a business the opportunity to have a better market-share over rival firms.

6 0

3 years ago

True or false: The first decision that is necessary to make merchandise flow is to choose a transportation company.

pantera1 [17]

Answer:

False

Explanation:

What is a transportation company called?

Courier companies are usually spin-offs from freight forwarders.
There are various types of courier companies, such as airfreight courier companies or road couriers.

To learn more about it, refer

to brainly.com/question/25689052

#SPJ4

8 0

2 years ago

Your market value is determined by what you bring to the job. True False