Answer:
Annual depreciation= $2,700
Explanation:
Giving the following information:
Morgan Co. purchased a truck that cost $32,000. The truck had an expected useful life of 10 years and a $5,000 salvage value.
The straight-line depreciation method provides an annual depreciation expense by dividing the book value by the number of useful years.
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (32,000 - 5,000)/10= $2,700
Answer:
4. The total market demand has not changed
the demand has been adjusted by a change in supply
Explanation:
Movement along a demand curve results from changes in the price of the product. Supply influences price change. Movement along a demand curve means the quantity demanded has increased or decreased due to a price change.
A total change in demand is when the quantity demanded changes at all prices. Changes in customers' preferences or a change in the prices of compliment or supplement products make the entire demand change.
A shift in the demand curve demonstrates a total chan
Answer: Fixed assets are long-term items that add value to your business. They are tangible assets that you do not expect to convert into cash in less ... asset because you want to convert it into cash as fast as possible. ... You must keep up with maintenance schedules to get the longest life out of your fixed assets.
Explanation: PLEASE GIVE BRAINLIST
It depends ob your situation. For example, in the office situation, if you came late for a special meeting (like people coming from other countries just to visit you), then you would most probably won't see the meeting again!
I hope it helpd you!
Answer:
The reasoning behind increasing tax revenues from decreasing tax rates is that people work harder and more effectively when they can keep more of their income.
Explanation:
A corporate tax cut gives businesses more money to hire workers, invest in capital equipment, and produce more goods and services.
An income tax cut increases the dollars per hour worked. It boosts workers' incentive to remain employed and creates more labor. That is one of the four factors of production that drive supply. Adding to supply will allow the economy to grow. The growth in economy results in more taxes to government in total.
