Answer:
$275,400
Explanation:
Accumulated depreciation is the amount of depreciation which is accumulated against each years depreciation and carried until the disposal of the asset. This account will be closed on the disposal of the asset with cost of the asset.
Cost of Machinery = $459,000
Useful life = 5 years
In sum of the year method we add all the years and calculate the respective depreciation based on the year of depreciation as follow
Sum of Years = 5 + 4 + 3 + 2 + 1 = 15
As only only 2 years depreciation is accrued and accumulated from April 1, 2019 to March 31, 2021.
Accumulate depreciation = $459,000 x (5+4) / 15 = $275,400
Answer:
A) If Donna's corporation will not accept new shareholders, they can raise money by issuing bonds or getting a bank loan.
B) Maybe the current shareholders don't want to divide their power within the corporation, so maybe Donna can convince them of issuing preferred stocks which does not give the new stockholders voting rights.
Answer:
Contribution margin ratio = 20%
Explanation:
We know, contribution margin is the difference between sales revenue and variable expenses, while the contribution margin ratio expressed as a parentage between the contribution margin and company sale.
We know,
contribution margin ratio = (contribution margin ÷ sales revenue) × 100
Given,
Contribution margin = $17,600
sales revenue = $88,000
Putting the value into the formula, we can get
contribution margin ratio = ($17,600 ÷ $88,000) × 100
or, contribution margin ratio = 0.2 × 100
Contribution margin ratio = 20%
Answer:
That´s so cool...... don´t forget to be thankful you have a car
Explanation:
Answer:
all firms produce and sell a standardized or undifferentiated product
Explanation:
A perfectly competitive market is a market in which there are many companies that offer the same product, there are not entry barriers which makes it easy for an organization to enter or exit the market. Also, the companies are not able to influence the market and they are not able to control the conditions in it. According to this, the answer is that in a perfectly competitive market, all firms produce and sell a standardized or undifferentiated product.
