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sergiy2304 [10]
2 years ago
9

On January 1, 2019, Sandhill Corporation acquired machinery at a cost of $1290000. Sandhill adopted the double-declining balance

method of depreciation for this machinery and had been recording depreciation over an estimated useful life of ten years, with no residual value. At the beginning of 2022, a decision was made to change to the straight-line method of depreciation for the machinery. The depreciation expense for 2022 would be
Business
1 answer:
alexgriva [62]2 years ago
6 0

Answer:

$94,354.29

Explanation:

Depreciation rate = 100/10*2 = 20%

2019 Depreciation = 1290000 * 20% = $258000

2020 Depreciation = 1290000 * 80% * 20% = $206400

2021 Depreciation = 1290000 * 80% * 80% * 20% = $165120

Accumulated depreciation (2019 to 2021) = $258000 + $206400 + $165120 = $629,520

Depreciation expense for 2022 = (1290000 - 629,520) / 7

Depreciation expense for 2022 = 660480 / 7

Depreciation expense for 2022 = $94,354.29

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It's sixty positive must vote brainliest Xd
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3 years ago
Suppose that hypothetically there are only two countries in the world: Japan and South Korea Now suppose that at the end of year
Yanka [14]

Answer:

i) $21 billion

ii) $0

iii) $0

Explanation:

GIVEN DATA : ( two countries )

At the end of year 2

net exports = $20 billion for Japan

Interest earned from assets = $1 billion  for Japan

i) The balances for the current account for Japan

export value + interest earned from assets

= $20 billion + $1 billion = $21 billion

ii) Financial account for Japan

Financial account for Japan will be zero because there is no increase or decrease in number of  its assets within the given period

iii) capital account for Japan

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5 0
3 years ago
Frank, a marketing manager, has often noticed that his team members do not communicate with each other and are rarely present fo
Kipish [7]

Answer:

Cohesiveness

Explanation:

The measure of the level of unity in a group or team is called cohesiveness. It is a measure of how communicative the members of a team are. It describes the linking bond among them that makes them act as a team.

Cohesiveness is important because it also affect the extent to which members of a team are committed to working with centrally defined strategies and decisions. A cohesive team is a team that with increased morale and it also helps to boost productivity.

The feeling of being part of something big helps highly cohesive teams to achieve great job performance.

The lack of cohesiveness in Frank's team is evident in the low level of communication as well as the low level of productivity.

6 0
3 years ago
After seeing advertisements for the Toyota Prius, Joel becomes interested and does some Internet research. However, after seeing
ANTONII [103]

Answer:

False

Explanation:

A lagged effect in marketing can be defined as the delay that comes from an effort put into marketing a product.

In marketing, efforts put into an advertisement can yield a greater result even after the lag period. This means that a product might need more than one advertisement and the combined effects of the advertisements will be seen overtime if not immediately.

In the above question, Joel still went on to get a Ford fusion after seeing the Toyota advert which means that something from his research must have influenced his decision. Either price, quality, or any other factors must have been responsible for Joel's choice but it is definitely not the lagged effect.

Cheers.

5 0
3 years ago
When Kelsey decreases her price of lipstick from $7 to $5, she finds that her sales increase from 6 to 7. She faces ________ dem
yuradex [85]

Answer:

elastic; rise

Explanation:

6 0
3 years ago
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