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
RideAnS [48]
3 years ago
14

A company purchased factory equipment on April 1, 2021 for $175000. It is estimated that the equipment will have a $25000 salvag

e value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2021 is $17500. $11250. $13125. $15000.
Business
1 answer:
bija089 [108]3 years ago
3 0

Answer:

b. $11250

Explanation:

Capitalized Cost of Equipment = $175,000

Life of Assets = 10 years

Residual value = $25,000

Depreciable value = Cost - Salvage value

Depreciable value = $175,000 - $25,000

Depreciable value = $150,000

Depreciation per year = Depreciable value / Life of assets

Depreciation per year = $150,000/10 years

Depreciation per year = $15,000

Depreciation from April to December 2021 = $15,000*9/12

Depreciation from April to December 2021 = $11,250

You might be interested in
After reading an essay or other assigned material, you can enhance and clarify your understanding by creating graphic organizer
34kurt
I belive it is the awnser is d
3 0
3 years ago
What is the action called that unreasonably restricts competition and functions against the public interest?
vodomira [7]

There is a violation of antitrust laws that happens that unreasonably restricts competition and functions against the public interest. This is just one of the three parameters that apply to a business and how they may violate antitrust laws. An Antitrust law is a state and federal recognized law that is in place so that there can be adequate business competition.

4 0
3 years ago
What unique things words separate you from other applicants Applying for this funding?
Zolol [24]

Answer:

Having to handle the business side of things while also working on developing a great product wasn't easy, but that challenge helped me grow as a professional. I think a lot of people applying for tech

Explanation:

:D

8 0
3 years ago
Aurora Corporation operated without insurance coverage for the first month of 2019. Then, on February 1, 2019, the company paid
Genrish500 [490]

Answer:

Correct answer is letter B, $2,200

Explanation:

Using accrual basis method, revenue and expenses will be recognized when incurred.

The $4,800 is a 24 months policy, therefore we must compute the insurance expense applicable for the year covering from February 1 to December 31 (11 months)

An adjusting entry to recognize the expire portion of the insurance must be done at the year end in the amount of $2,200.

($4,800 / 24 months = $200 x 11 months = $2,200)

3 0
3 years ago
Large-scale integrated (LSI) circuit chips are made in one department of an electronics firm. These chips are incorporated into
Masteriza [31]

Answer:

A) sample size = 23.475 ≈ 23

B) How to tell someone to do the test is by taking a sampling process of a lot of the products because this will help to figure out defective units in the line of production and also ensure that the quality of the products are up to the same quality required

Explanation:

Data given

AQL = 20%, = 0.2

LTPD = 52% = 0.52

Assuming consumer risk acceptable by company = 10%

producer risk = 5%

A) First we calculate the ratio

= LTPD / AQL = 0.52 / 0.2  = 2.6

from the table of LTPD/AQL   2.6 is closest to 2.768

to calculate the sample size we apply the formula from the exhibit table

n ( AQL ) = 4.695

Therefore n ( sample size ) = 4.695 / 0.2 = 23.475

B) How to tell someone to do the test is by taking a sampling process of a lot of the products because this will help to figure out defective units in the line of production and also ensure that the quality of the products are up to the same quality required

5 0
3 years ago
Other questions:
  • What was one part of Mawi’s story that stood out to you from his videos? Why did it stand out?
    5·2 answers
  • Factors that affect the elasticity of demand for labor include all of these except:
    14·1 answer
  • The president of the united states announces in a press conference that he will fight the higher inflation rate with a new anti-
    7·1 answer
  • Research indicates that corporations using cross-national teams, whose members have international experience and communicate fre
    10·1 answer
  • When troubleshooting for connectivity issues, why would is it important to check the physical conditions of the network before r
    9·2 answers
  • On the basis of the information, and assuming trade occurs between the three states, we can expect Multiple Choice Washington to
    13·1 answer
  • An investment is expected to yield $300 in three years, $500 in five years, and $300 in seven years. What is the present value o
    5·1 answer
  • A bond has a modified duration of 8 and a price of 112,955 calculated using an annual effective interest rate of 6.4%. EMAC is t
    8·1 answer
  • The journal entry to transfer completed products from production to finished goods inventory includes which two of the following
    15·1 answer
  • Nicole is considering opening a Roth Individual Retirement Account. If she invests into the Roth IRA, determine the amount in th
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!