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Ahat [919]
3 years ago
6

Saul Company purchased a tractor at a cost of $180,000. The tractor has an estimated salvage value of $20,000 and an estimated l

ife of 8 years, or 12,000 hours of operation. The tractor was purchased on January 1, 2019 and was used 2,400 hours in 2019 and 2,200 hours in 2020. What method of depreciation will produce the maximum depreciation expense in 2019?
a. Units-of-production
b. Double-declining-balance
c. Straight-line
d. All methods produce the same expense in 2019
Business
1 answer:
Mila [183]3 years ago
5 0

Answer:

b. Double-declining-balance

Explanation:

There is no harm in trying out all the methods and see for your self the one that will produce the maximum depreciation expense in 2019.

Units-of-production

Depreciation Expense = Units taken in the Period / Expected total amounts in units × Depreciable Amount (Cost - Salvage Value)

Therefore,

Depreciation Expense = 2,400 hours / 12,000 hours × ( $180,000 - $20,000)

                                      = $32,000

Double -declining-balance

Depreciation Expense = 2 × SLDP × BVSLDP

SLDP = 100 ÷ Number of useful Life

         = 100 ÷ 8

         = 12.5 %

Therefore,

Depreciation Expense = 2 × 12.5 % × $180,000

                                      = $45,000

Straight Line

Depreciation Expense = Cost - Residual Value ÷ Estimated Useful Life

                                     = ($180,000 - $20,000) ÷ 8 years

                                     = $20,000

<u>Conclusion</u>

As can be seen from the above calculation, Double-declining-balance produce the maximum depreciation expense in 2019.

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Diana's editorial business was not growing and she sought ways to expand her client list. She recognized that technology provide
DerKrebs [107]

Answer:

C) knowledge

Explanation:

According to my research on different production factors, I can say that based on the information provided within the question Diana's is using the factor of production known as Knowledge. This can be said because she is learning new ways of growing her business by learning about different territories (technology) in which to expand her business.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
On December 31, 20X4, Alan and Dave are partners with capital balances of $80,000 and $40,000, and they share profit and losses
lawyer [7]

Answer:

$24,000

Explanation:

For computing the implied goodwill, first, we have to calculate the total partners capital and total firm capital

Total partners capital = $80,000 + $40,000 + $36,000

                                    = $156,000

Now the total firm capital would be

= $36,000 ÷ 20%

= $180,000

Now the implied goodwill would be

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3 0
3 years ago
Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in in
kherson [118]
The best option for her to choose is the one called Anual Compounding. With the rest of the compoundings she will have to pay more money. With a semi-annual rate she wil have to pay almost 1000 dollars more than in an anual compounding. With a quarterly period she will have to pay almost the same amount as a semi-annual period. Now with a monthly period she would have to pay almost 2000 dollars of interest.

This was not copied from a website or someone else. This was from my last year report.
7 0
3 years ago
Which of the following statements about torts is correct?
swat32

Hello There!

Your answer would be <u>C). A tortious act may also be a criminal act.</u>

The reason why C would be your answer is because a tortious act is something that harms someone in any way. The reason why it "may" be a criminal act is because determine if the tortious act is a criminal act really depends on the scenario that is occurring. For example, someone could cause a tortious act in a way of self defense, this scenario would be debatable because the person that committed the tortious act had a valid reason in doing so, and that was protecting themselves. But, if a person was to cause a tortious act by  hurting someone to steal from them, then that would definitely be a criminal act because they are performing dangerous things to someone else, and the person could file a lawsuit against it.

Let's dive into why the other answer choices are incorrect. We can use the old fashion process of elimination:

Answer choice "A). A tortious act is always a criminal act" is incorrect because it is not always a criminal act, it depends on the scenario it's in. This is the reason why this answer choice would be eliminated.

Answer choice "B). A criminal act is always a tortious act" is incorrect because there are MANY criminal acts that doesn't harm anyone, for example, tax evasion (not paying taxes) is a criminal act, but does not cause any harm to anyone. This is the reason why this answer choice would be eliminated.

Answer choice "D). A tortious act is the same as a contract dispute" is incorrect because harming someone is not the same as not doing what a contract says. A contact dispute is when someone that's part of a contract did not do a duty that the contract says that they're suppose to do, and that usually doesn't have to be any harm to anyone. That would not be the same as a tortious act, harming someone. This is the reason why this answer choice would be eliminated.

6 0
3 years ago
At the end of the listening process you ______________. a. choose a sound to focus on b. make an effort for recall c. provide fe
sergij07 [2.7K]
Provide feedback is your correct answer
3 0
3 years ago
Read 2 more answers
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