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
Irina18 [472]
3 years ago
14

On November 1, 2021, Sandhill Co. places a new asset into service. The cost of the asset is $84000 with an estimated 10-year lif

e and $12000 salvage value at the end of its useful life. What is the depreciation expense for 2022 if Sandhill Co. uses the straight-line method of depreciation
Business
1 answer:
Aneli [31]3 years ago
7 0

Answer:

$7,200

Explanation:

According to the scenario, computation of the given data are as follows,

Total cost = $84,000

Salvage value = $12,000

Estimated life = 10 years

So, we can calculate depreciation expense by using following formula,

Depreciation yearly = (Total cost - Salvage value) ÷ Estimated life

= ($84,000 - $12,000) ÷ 10

= $72,000 ÷ 10

= $7,200

You might be interested in
Why can’t a guy just love me, I would give him cuddles , kissed in the forehead , call him baby/ sunshine , let him use my thigh
egoroff_w [7]

Answer:

Dont rush anything!

Explanation:

The person who is meant for you will come soon :)

6 0
3 years ago
Marketing to people based on their lifestyle is called
vichka [17]
Phychographic segmentation
7 0
3 years ago
Durango Co. pays 40% of its accounts payable in the month of purchase and 60% the following month. Durango Co. expects to purcha
gregori [183]

Answer:

The amount of $64,000 which is should be D (Durango) budget for cash disbursement for the inventory in the month of November

Explanation:

The amount which is should be D budget for cash disbursement for the inventory in the month of November is as:

Amount = 60% of purchase of October + 40% of purchases of November

where

60% of purchase of October = 60% × $40,000

= $24,000

60% of purchase of October = 40% × $100,000

= $40,000

So, putting the values above:

Amount = $24,000 + $40,000

Amount = $64,000

7 0
4 years ago
The use of an organization's operational data as the source data for a bi system is not usually recommended because it ________.
lyudmila [28]
<span>The use of an organization's operational data as the source data for a bi system is not usually recommended because it requires considerable processing and can drastically reduce system performance.
BI system is business intelligence system. To making the better business </span>decision is the purpose of Business Intelligence system. there are many business intelligence tools to make it successful. 
6 0
4 years ago
Assume that the future value of an ordinary annuity is $3,246, the annual payment is $1,000, and the interest rate is 8 percent.
olga_2 [115]

Answer: b. 3 years

Explanation:

Based on the future value of $3,246 and the annual payment of $1,000, one can guess that the number of payments (years) till the future value is reached will be 3 years.

Plug 3 years in to find out if you are right;

= Annuity * (( (1 + r)^n - 1) / r)

= 1,000 * (( ( 1 + 8%)³ - 1) / 8%)

= $3,246

<em>Answer is proven to be 3 years. </em>

5 0
3 years ago
Other questions:
  • Suppose the market for corn is a purely competitive, constant-cost industry that is in long-run equilibrium. now assume that an
    12·1 answer
  • The following information was available for the year ended December 31, 2013: Sales $ 520,000 Dividends per share $ 1.36 Net inc
    6·1 answer
  • Why would there be a problem within the team if there is an coworker displaying attitude and temper problems?
    8·1 answer
  • 10. Which of the following is a way developing nations are trying to raise living standards? A. Attract investment B. Return to
    10·1 answer
  • Under the Federal Insurance Contributions Act (FICA), which of the following acts will cause an employer to be liable for penalt
    13·1 answer
  • What kind of puppy is in the claritin commercial?
    12·2 answers
  • The number of U.S. households with access to the Internet is growing rapidly. Compared to 50 years ago, one would predict that w
    9·1 answer
  • D) Following is forecast for economic situation and Rachel’s portfolio returns next year, calculate the
    12·1 answer
  • Ziva is an organic lettuce farmer, but she also spends part of her day as a professional organizing consultant. As a consultant,
    14·1 answer
  • A car dealer advertises a rock-bottom price for a sports utility vehicle that usually goes for $1,000 or more. When you get to t
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!