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pav-90 [236]
2 years ago
8

A company purchased a machine for $8,000, the estimated value of the equipment at the end of its 6-year useful life is $600. Com

pute the yearly depreciation allowances and book values using:
a. Straight Line MACRS
b. Double Declining Balance
Business
2 answers:
vfiekz [6]2 years ago
6 0

Explanation:

b) Double declining Balance

Zielflug [23.3K]2 years ago
3 0

Explanation:

a. Straight Line MACRS

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Barsuk Company began the year with stockholders' equity of $108,000. During the year, Barsuk issued stock for $147,000, recorded
g100num [7]

Answer:

The company’s revenue for the year is $483,000

Explanation:

The computation of the revenue is shown below:

The ending balance of the stockholders' equity  = Beginning balance of stockholders' equity + issued shares - expenses + income - dividend paid

$290,000 = $108,000 + $147,000 - $420,000 + income - $28,000

$290,000 = - $193,000 + income

So, the income would equal to

=  $290,000 + $193,000

= $483,000

6 0
3 years ago
The following information relates to a product produced by Orca Company: Fixed selling costs are $1,000,000 per year. Although p
julia-pushkina [17]

Answer,:

increase in operating income by $840,000

Explanation:

The computation is shown below:

Offer price per unit $60

Less: Variable costs per unit:  

  Direct materials ($20)

  Direct labor ($14)

  Variable overhead ($12)

  Variable selling $0

Incremental profit per unit (a) $14

Units offered to sell (b) 60,000

Effect on Operating Income (Increase) (a × b) $840,000

Therefore, in the case when the special order is accepted, the effect on operating income would be increase by $840,000

4 0
2 years ago
Which metric is based on the relationship between the revenue produced by a specific customer, the expenses incurred in acquirin
exis [7]

Answer:

2) CLTV

Explanation:

Customer lifetime value (CLTV) is simply how much profit do you expect to earn from a specific customer, or group of customers. There are several ways of calculating CLTV, but I believe this is the easiest one.

CLV = T x AOV x AGM x ALT

  • T = average transactions per month
  • AOV = average order value
  • AGM = average gross margin
  • ALT = average life span

6 0
3 years ago
The economic freedom of the world measure indicates that the united states
Nataly [62]
Has experienced a decline in economic freedom since 2000.
5 0
3 years ago
Whats the connect between running a business and being responsible with your own finances.
nordsb [41]
I agree with the first one cause money is very important u have to use it wisely but you also wanna take it into your own matters it something were to go wrong
5 0
2 years ago
Read 2 more answers
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