Answer:
.B. The amount of depreciation expense recognized in 2019 would be greater if Dinwiddie depreciates the car under the straight-line method than if the double declining balance method is used
Explanation:
The double-declining method recognizes higher depreciation amounts in the first years of an asset 's life. The method applies twice the rate of the straight-line method on a declining book value balances. In the latter years, the depreciation amount will be less because the book value will have declined considerably.
In this case, a useful life of six years attracts a straight-line depreciation rate of 16.6 % (1/6 x 100). the double-declining method will apply a rate of 33.2 %.
The straight-line method applies a constant rate throughout the use-life of an asset. The book value decreases at a constant rate, unlike in double -declining, where the book value decreases rapidly in the early years of the asset. 2019 will be the fourth year in this case. The fourth-year is in the latter stages of a six-year useful life.
Answer:
Option C. 30,000 decrease
Explanation:
At the moment Product G is covering its own variable cost which is 180,000 from its sale figure of 210,000. So there is a balance of 30,000 which product G is contributing to offset the Fixed costs of the company.
It will be inadvisable for management to discontinue the production of Product G because it appears to be making a loss. The loss is as a result of the fixed cost of 50,000 imposed (apportioned) to the product. So product G can only cover 30,000 out of this 50,000 which is resulting in the 20,000 loss.
If the product is discontinued, the 30,000 contribution of product G will be lost which will lead to a decrease in profit of that amount.
Hey there,
Answer:
Under the right circumstances, they provide predictions that are much more accurate than judgmental methods<span>.
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Hope this helps :D
<em>~Top♥</em>
Answer:
Purchase the Ice Cream Cone for a net addition to marginal utility of $1
Explanation:
Marginal Utility is explained as the level of satisfaction that is added when a consumer consumes an additional unit of a product or patronizes a service. It determines the number of items an individual is willing to purchase based on his additional satisfaction from every extra item.
If the additional item leads to an increase in total utility then it is called positive marginal utility and when it decreases total utility then it is called negative marginal utility.
Oliver based on marginal analysis should purchase the Ice Cream Cone for the difference in value of $5 to 6$, that is the net additional marginal utility of $1, but should not purchase the box of chocolate because the marginal utility does not change it remains $10
Answer:
$1.3
Explanation:
The computation of diluted earnings per share is shown below:-
a. Statement showing adjusted net profit
Net income $2,000
Interest expenses $800
($20,000 × 4%)
Less: Tax relating to interest expense $200
($800 × 25%)
Adjusted Net profit $2,600
b. Statement showing weighted average number of common stock shares
Shares of common stock 1,000
Debentures converted into
common stock shares 1,000
Total number of weighted
shares 2,000
Therefore,
Diluted earning per share = Adjusted net profit ÷ Number of weighted average shares
= $2,600 ÷ 2,000
= $1.3
Therefore for computing the diluted earning per share we simply applied the above formula.
