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
MrMuchimi
3 years ago
8

Jasmine Company purchased a depreciable asset for $225,000. The estimated salvage value is $15,000, and the estimated useful lif

e is 8 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset
Business
1 answer:
ICE Princess25 [194]3 years ago
8 0

Answer:

$225,000 × [(1 ÷ 8) × 2] = $56,250 ($225,000 - $56,250) × [(1 ÷ 8) × 2] = $42,188 is the correct answer.

Explanation:

You might be interested in
| 50 POINTS | If The Oil Prices Around The World Rise , What Will Happen To The Oil Production In Texas?
timofeeve [1]
The oil will increase in texas
5 0
3 years ago
Read 2 more answers
What is the name of the economic system where the government, or another central administration, regulates supply and prices?
MrMuchimi
It is called centrally-planned economy or command economy 
5 0
3 years ago
Inventory costing methods place primary reliance on assumptions about the flow of:a. goodsb. costsc. resale pricesd. values
Mrac [35]

Answer: B costs

Explanation:

In business and accounting, cost is the monetary value that has been spent by a company in order to produce something.

Cost accounting aids in decision-making processes by allowing a company to calculate, evaluate, and monitor its costs.

4 0
3 years ago
Read 2 more answers
Bogart Company is considering two alternatives. Alternative A will have revenues of $146,100 and costs of $104,400. Alternative
irinina [24]

Answer:

Choosing alternative B would increase net income by $17,100

Explanation:

The analysis showing the incremental revenues,costs and net income of alternative A and B is shown below:

              Alternative A           Alternative   B     Difference between A&B

Revenues        $146,100            $185,900           $39800

Costs               ($104,400)           ($127,100)        ($22700 )

Net income      $41,700                 $58,800        $17,100

Alternative B records a higher net income compared to Alternative A,hence choosing alternative B would increase net income by $17,100

r

4 0
3 years ago
Describe a product, and then give an example of a time when the demand for this product might be high and the demand for this pr
wariber [46]
Fitness service
around the time after new year cuz ppl start to getting fat cuz of earing too much during new year holidday l
aroung jan to mar that s when ppl start to be very fire up about getting in shape
6 0
3 years ago
Other questions:
  • Suppose you held a diversified portfolio consisting of a $7,500 investment in each of 20 different common stocks. The portfolio'
    9·1 answer
  • Security dealers: are limited to trading non-listed stocks. buy and sell from their own inventory. operate exclusively in auctio
    5·1 answer
  • Slappy Corporation leases its corporate headquarters building. This lease cost is fixed with respect to the company's sales volu
    15·1 answer
  • Which of the following statements is most consistent with efficient inventory management? The firm has a:
    14·1 answer
  • Determine the starting current (LRC)
    8·1 answer
  • Is it better to create a product that benefits society or create a product that consumers want?
    5·1 answer
  • A company is considering two mutually exclusive projects. The firm has a 12% cost of capital , has estimated the cash flows as b
    13·1 answer
  • The field of accounting that focuses on providing information for external decision makers is.
    12·1 answer
  • When a company issues 39,000 shares of $3 par value common stock for $30 per share, the journal entry for this issuance would in
    15·1 answer
  • In long-run equilibrium, monopolistically competitive firms will show a(n) _____.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!