In order to calculate the depreciation using the double declining balance method you must first calculate the amount of depreciate using the straight line method. After you calculate it by the straight line method, you simply need to double it for this this problem.
The original price is $20,000, and then subtract the $2,000 estimated trade in value and the answer is $18,000. This is the amount that you need to depreciate.
Straight line method: $18,000 divided by the 5 year useful life = $3,600 per year.
Double declining balance = $3,600 x2 = $7,200 per year depreciation.
Year Depreciation Amount
1 7,200
2 7,200
3. 3,600
Answer:
D. Charged on the buying and selling of stock.
Explanation:
Trade is defined as the action of buying and selling goods and services. And a trade commission is payed whenever an action is being traded, whether it is on the sale or on the buying.
I believe the taxes increased, because a lot of American citizens are under paid for their hard labor and work..
Answer: PROCESS
Explanation: GARY HAMEL is a world acknowledged thinker Born on the year 1954,he described management as a process,he is the founder of STRATEGOS a management consultant firm,through his work he showed that management should be seen as a PROCESS through which ongoing innovations and improvements can be achieved. According to Gary Hamel,
Management innovation is an innovation in management principles and processes that ultimately changes the practice of what managers do, and how they do it.
Answer:
Selling stocks to raise money is a practice known as equity financing. Stocks are equity. Equity are assets minus liabilities.
Stocks would give Kenji partial ownership of the firm. The amount of ownership demends of how many stocks he buys.
If NanoSpeck runs into financial difficulty, people that hold bonds will be paid first than people who hold stocks. Bonds, contraty to stocks, are liablities, not equity, and when a company declares bankruptcy, it has to pay liablities first, and if there is any money left, it then pays to stockholders.
A) Untrue - If Kenji buys stocks from another stockholder, the revenue goes to the stockholder, not to NanoSpeck.
B) True - The value of stocks largely depend on economic expectations. If the economy is expected to enter a recession, the value of Kenji's stock will most likely go down.
C) True - If the market considers that NanoSpeck is in a healthy financial position, then, the Nano Speck stocks that Kenji holds will likely rise in value.
Explanation:
