Cost on January 1 2016 = $1,250,000
Life = 10 years
Therefore,
Double-declining depreciation rate = 2*(1,250,000/10)/1,250,000 = 2*0.1 = 2*10% = 20%
Book value at end of 2016 = 1,250,000 - (1,250,000*20/100) = $1,000,000
Book value at end of 2017 = 1,000,000 - (1,000,000*20/100) = $800,000
Book value at end of 2018 = 800,000 - (800,000*20/100) = $640,000
Changing to straight line depreciation:
Life remaining = 7 years
Book value = $640,000
Depreciation expense per year = 640,000/7 = $91,428.57
Therefore, depreciation expense for 2019 = $91,428.57
Answer:
optimum
Explanation:
An optimum decision as defined in the question can be defined as the most appropriate decision taken by a manager in the light of what they to be the most desirable consequences for the company.
This simply means that when an event or occurrence takes place in a company, the managers have the responsibility to take the best decisions for the company. The best decision is therefore called the optimum decision; that is the highest level of decision that solves the problem with the smallest of consequences.
Cheers.
Answer:
C. projected increasing health care costs for the aging population.
Explanation:
If the debt to GDP ration increases, it means that the country will owe more money compared to capacity of creating wealth. A common problem for several developed countries is that the proportion or retired people has increased compared to the total active labor force. This means that the number of people working or searching of jobs relative to the number of retired people has decreased. Even though retired people tend to have more accumulated wealth, their living expenses are also much higher. What makes this situation a problem is that retired people only have passive income, they do not have earned income. And generally speaking, passive income grows at a much lower rate that earned income.
This is why many developed countries started to implement immigration policies focusing on highly trained and educated applicants that can replace their native workforce.
Every individual or business wants to make profit this is done by providing goods and services that satisfy people's needs and wants.
<h3>What is a business?</h3>
A business is an organization that aims at making a profit by providing goods and services that are desired by individuals also known as customers.
Business meets a need and gets profit in return.
Therefore, A Business is defined as trying to earn a profit by providing goods and services that satisfy people's needs and wants.
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brainly.com/question/24553900
Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a profit-maximizing pure monopoly occurs where
D. marginal revenue equals marginal cost
Explanation:
- Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a profit-maximizing pure monopoly occurs where
- D. marginal revenue equals marginal cost
- In business, the production is done at the level where marginal revenue is equals to marginal cost to maximize the output.
- When the marginal revenue is greater than the marginal cost, it pays you more.
- Each unit added which is sold will add more to revenue than to costs.
- Marginal cost is the cost which occurs due to the increase in cost a company incurs by producing one extra unit of goods or services.
