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
Ulleksa [173]
3 years ago
13

A refrigerator used by a wholesale warehouse has a cost of $64,000, an estimated residual value of $5,200, and an estimated usef

ul life of 12 years. What is the amount of the annual depreciation computed by the straight-line method
Business
1 answer:
PilotLPTM [1.2K]3 years ago
3 0

Answer:

(64,000- 5,200 = 58,800).

Explanation:

Subtract your originial cost from the residual value. (64,000- 5,200 = 58,800).

You might be interested in
Using the currently accepted equation, a 70-year-old man might realistically have a maximal heart rate of ________ beats per min
zavuch27 [327]
<span>Using the currently accepted equation, a 70-year-old man might realistically have a maximal heart rate of  160 beats per minute
This level of maximal heart rate could only be achieved if the 70-year-old man regularly do </span><span>vigorous-intensity physical activities throughout its life, such as swimming, cycling, etc</span>
4 0
4 years ago
Aggregate demand curves are Question 14 options: downward sloping. upward sloping. horizontal. vertical.
poizon [28]

Answer: Downward sloping

Explanation:

The Aggregate demand curve shows the national income in a country and the reason the AD is downward sloping is to represent that when the price level increases, the national income will drop because people now have to spend more for goods and services.

There are different factors that go into the AD curve but the basic premise is that when prices are high, people can only afford less so the demand decreases.

5 0
3 years ago
WASHINGTON, Jan 29 (Reuters)—Wright Medical Group, a maker of reconstructive implants for knees and hips, on Tuesday filed to se
Alika [10]

Answer:

The journal entry is as follows:

Cash A/c                                                          Dr.  $51.45

To Paid in capital in excess of par value A/c                   $51.42

To Common shares A/c                                                     $0.03

(To record the sale of the shares)    

Note: The amount mentioned in debit and credit column in the above journal entry are in the millions of dollar.

Workings:

Cash = Shares sold × shares closing price

        = $3 million × $17.15

        = $51.45 million

Common shares = Shares sold × Par value per share

                            = $3 million × $0.01

                            = $0.03 million

Paid in capital in excess of par value = Cash - Common shares

                                                              = $51.45 - $0.03

                                                              = $51.42

4 0
3 years ago
What does advice of deposit mean on a check?
Zanzabum
Get advice in how to do it 
7 0
3 years ago
You have a 12 piece cake, you divide for Vanessa because she says the ran out of lemon loaf at starbucks. Ella gives you 5 piece
Rudik [331]

Answer:

The answer is B.

Explanation:HAve a greAT day

3 0
3 years ago
Read 2 more answers
Other questions:
  • Toxemia Salsa Corporation manufactures five flavors of salsa. Last year, Toxemia generated net operating income of $40,000. The
    15·1 answer
  • Jonah is impressed by the large in-ground swimming pool his next door neighbor bought. He goes to Aqua-life Pools and has an eve
    9·2 answers
  • Ricardo is the human resources manager at Shafewn, an e-commerce site. He confirms the completion of the probationary periods of
    5·1 answer
  • The following information is available for Bandera Manufacturing Company for the month ending January 31:
    11·1 answer
  • On October 5, 2019, you purchase a $14,000 T-note that matures on August 15, 2031 (settlement occurs two days after purchase, so
    11·1 answer
  • Karl Corp.’s trial balance of income statement accounts for the year ended December 31, Year 1, included the following: Debit Cr
    13·1 answer
  • I really need help I don't know how to do this its Accounting II
    6·2 answers
  • A company had the following purchases during the current year: On December 31, there were 26 units remaining in ending inventory
    6·1 answer
  • Satisfactoriness refers to: a.how much a particular alternative will cost an organization. b.how well an alternative fulfills th
    14·1 answer
  • Select the items that are needs from your bank statement. ABC BANK Available Balance $230.00 Cell phone plan$45 Rent$400 Car ins
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!