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IceJOKER [234]
2 years ago
14

d Corporation purchased a depreciable asset for $840300 on January 1, 2018. The estimated salvage value is $87000, and the estim

ated total useful life is 9 years. The straight-line method is used for depreciation. In 2021, Concord changed its estimates to a total useful life of 5 years with a salvage value of $146000. What is 2021 depreciation expense
Business
1 answer:
Dominik [7]2 years ago
6 0

Answer:

$221,600

Explanation:

The computation of the depreciation expense for the year 2021 is as follows:

Depreciation expense is

= (Cost - Salvage value) ÷ Useful life

= ($840,300 - $87,000) ÷ 9

= $83,700 per year

Now the book value would be

= $840,300 - ($83,700 × 3 years)

= $589,200

And, finally the revised depreciation is

= ($589,200 - $146,000) ÷ 2

= $221,600

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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Answer:

(1). Increament in GDP.

(2). Decrease In marginal product.

(3). POSITIVE marginal Product (MP).

Explanation:

"If data links connecting different parts of the united states were to fail, gdp would fall. if, on the other hand, the network of state-of-the-art, high-speed connections were doubled in size" what will happen are given below;

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=> There will be a reduction In the value of the marginal Product (MP). The marginal Product (MP) will reduce as far more than the original network.

=> The marginal Product (MP) will be POSITIVE.

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3 years ago
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Answer:

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Explanation:

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A manager or superior like Margie (in the question) who gives employees autonomy simply gives minimal instruction on what needs to be achieved but allows the employees to go about the job in ways that best suit them.

7 0
2 years ago
2. Explain the strengths of a sole proprietorship and wn
adoni [48]

Explanation:

strengths:

1. He or she enjoys all the profit

2. easy to start up

3. decision making is quick

4.he or she can vary the hours of work

weakness:

1.there is lack of finance

2. lack of specialised staff

3.the owner bears all the risk

4.there is unlimited liability

who might start a sole proprietor business

1. a person that wants to be their own boss.

2.extra income.

3.the entrepreneur might think he will make more money working for his self than others.

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2 years ago
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