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
Daniel [21]
3 years ago
10

On January 1, Year 1, Parker Company purchased an asset costing $20,000. The asset had an expected five-year life and a $2,000 s

alvage value. The company uses the straight-line method. What are the amounts of depreciation expense and accumulated depreciation, respectively, that will be reported in the Year 2 financial statements
Business
1 answer:
SOVA2 [1]3 years ago
3 0

Answer:

3600

7200

Explanation:

You might be interested in
1. Tells whether a company can pay all its current liabilities if they become due immediately 2. Measures a company's success in
kirill [66]

Answer: Incomplete question.

Match the following terms to there definition.

Explanation:

1. Tells whether a company can pay all its current liabilities if they become due immediately - Quick Ratio

2. Measures a company's success in using assets to earn income - Return on Assets

3. The practice of comparing a company with other companies that are similar - Benchmarking

4. Indicates how rapidly inventory is sold - Inventory turnover

5. Shows the proportion of a company's assets that is financed with debt - Debit Ratio

6. Tells the percentage of a stock's market value that the company returns to stockholders annually as dividends - Dividend Yield

7. Measures a business's ability to pay interest on its debt - Interest coverage ratio

8. Measures a company's ability to collect cash from credit customers -

Account Receivable Turnover

3 0
2 years ago
In monopolistic competition, what effect do price variations generally have on the market as a whole
irinina [24]

In monopolistic competition, what effect do price variations generally have on the market as a whole?

It's no effect. 
4 0
3 years ago
The statement reflecting changes in permanently restricted, temporarily restricted and unrestricted net assets for a private sec
ki77a [65]

Answer:

Statement of Net Assets or statement of financial position.

Explanation:

Statement of net assets shows the permanently restricted, temporarily restricted, and unrestricted funds. This is represented into he equity section.

A template for the creation of statement of financial position is provided by the IRS form 990.

Unrestricted assets are donations to the organisation that can be used for general expenses.

Temporarily restricted assets are set aside for a particular project by donors

Permanently restricted assets are those that are invested in perpetuity, and the revenue earned is used for a specific purpose.

3 0
3 years ago
A project professional has just been assigned manager of a project to develop a new advertising campaign for an established prod
german

Answer:

<u>Establish project priorities</u>

Explanation:

<em>Remember</em>, we are told the project professional has been assigned to manage a project, therefore going by the guiding steps when defining a project, the next and second step he should take is to establish project priorities.

In other words, he should draft out what tasks should be done first, those for later, and so forth in other to successfully achieve/finish the project's objective.

4 0
3 years ago
What are 3 ways that the brain learns
bonufazy [111]

✿━━━━@♥ℳg━━━━✿

<h2>\boxed{Explained\:Answer}</h2>

______________________________

✿━━━━@♥ℳg━━━━✿

It performs higher functions like interpreting touch, vision and hearing, as well as speech, reasoning, emotions, learning, and fine control of movement.

Brain is the main controlling part of nervous system.

Brain controls basic body functions like breathing,heart rate,blood pressure

3 0
3 years ago
Read 2 more answers
Other questions:
  • A bank account has an initial balance of $450. The account holder deposits $125 every week. How many weeks (excluding any intere
    15·2 answers
  • Samantha runs a store that exclusively sells handmade vegan cosmetics. The store has a wide range of products manufactured by di
    6·1 answer
  • At a zero price, quantity demanded will be equal to zero. An increase in market price will lead to an increase in quantity deman
    15·1 answer
  • A customer pays a purchase price of $1,375 for a bond. This purchase price could also be referred to as​
    8·1 answer
  • Which slogan is an example of corporate advertising rather than brand advertising?
    5·1 answer
  • Although a marketing information system primarily serves the​ company's marketing and other​ managers, it might also provide inf
    14·1 answer
  • Water Front Rentals has 20,000 shares of stock outstanding at a market price of $24 each and earnings per share of $1.84. The fi
    9·1 answer
  • The common stock of the
    14·1 answer
  • Financial statements of Kansas Ltd (Fr) for 2X13 are authorized by management and auditors on February 15, 2X13 for issuance on
    14·1 answer
  • Crane Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows:
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!