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
Consider the following premerger information about a bidding firm (Firm B) and a target firm (Firm T). Assume that both firms ha
Alborosie

Answer:

The answer is "Share offer is better".

Explanation:

Firstly Computing the value of the combined company:

The merger value = the market value of the B company + the market value of the T + synergically advantages

= shares issued * share price of company B + outstanding shares * price per share of company T + benefits for synergies

=4,600 \times \$40+1,000\times \$14+\$8,800\\\\=\$206,800\\\\

Number of new shares which have been created following the merger = the number of shares in the T *exchange ratio

=1000 \times \frac{1}{2}\\\\=500 \ shares\\\\

The percentage price of the fusion company = the value of the fusion company /the share value of the fusion company

The per-share price of the combined company=\frac{\$206,800}{4,600+500}=\frac{\$206,800}{5,100}=\$40.55

The cash offer value = 16 dollars per share

Stock offer value = price of merged company share /2 = \frac{\$40.55}{2}=\$20.27 / \ share\\\\

Thus, share offer is better

8 0
3 years ago
The Clark Sports Camp operates three sports programs: basketball, lacrosse and field hockey. The camp provides a unique opportun
igor_vitrenko [27]

Answer:

1. <u>Impact on profits</u>:

Contribution Margin =                     $63,000

Less: Traceable Rent = $10,000

Less: Salary of Director = $10,000

Total avoidable fixed expenses = <u>$20,000</u>

Decrease in Profits =                      <u>$43,000</u>

Hence, the profits will reduce by $43,000 if the basketball program is eliminated.

3. If the allocated fixed costs can be reduced by $50,000. The program should be dropped since there will be an increase in profits by $7,000 (50,000 - 43,000). The avoidable costs and revenues should be taken into account for the purpose of this decision. If the avoidable costs are more than the revenues, the line should be dropped else not.

Hence, since after considering the reduction in allocated fixed costs, the avoidable costs are greater than revenues, the program should be dropped

5 0
3 years ago
Listed below are a number of statements concerning relevant versus irrelevant costs and benefits. Complete each statement by pro
lord [1]

Answer:

1. Irrelevant costs

2. Capacity

3. Opportunity costs

4. Fixed Expense

5. Going concern

6. Coalition, Intuition, Escalation of Commitment, Risk Propensity, and Ethics

7. At full capacity

8. Differential Analysis

3 0
3 years ago
Which of these is the best description of the Gross State Product?
NISA [10]
I'm Going To Tell You This business the one year span is really to us a two year span so its going to be double of what your looking for
8 0
4 years ago
Read 2 more answers
If you pay the balance on your credit card each month, the _____ is the most important factor to consider when selecting a credi
aivan3 [116]
If you pay the balance on your credit card each month, the annual fee is the most important factor to consider when selecting a credit card. This is because all the other fees listed only occur if you carry over your balance. 
5 0
4 years ago
Other questions:
  • Which of the following is not a valid FICO credit score?
    5·2 answers
  • If you receive a telephone solicitation, A. feel free to give them personal information. B. end the conversation quickly, withou
    13·1 answer
  • "The degree to which a customer’s experience with a product or organization meets or exceeds his or her expectations is often re
    13·1 answer
  • John Jones decides to use his personal name for a line of clothing he is developing. Whether or not the name John Jones acquires
    9·1 answer
  • Windy Inc. is considering expanding on some land that it currently owns. The initial cost of the land was $300,000 and it is cur
    10·1 answer
  • Under Regulation SHO, a "threshold" security is one that:_____.a. cannot be sold short under any circumstances but long sales ar
    12·1 answer
  • You are CEO of Rivet​ Networks, maker of​ ultra-high performance network cards for gaming​ computers, and you are considering wh
    9·1 answer
  • 1. The level of prices and the value of money Suppose the price level reflects the number of dollars needed to buy a basket of g
    7·1 answer
  • Jobs that require lower level skills have better benefits, like health insurance, than jobs that require a college
    14·1 answer
  • From the following list of selected items taken from the records of Bobcat Appliance Service as of a specific date, identify tho
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!