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Norma-Jean [14]
3 years ago
13

Slotkin Products purchased a machine for $65000 on July 1, 2020. The company intends to depreciate it over 8 years using the dou

ble-declining balance method. Salvage value is $5000. Depreciation for 2020 to the closest dollar is:___________. a. $32500
b. $8125
c. $14219
d. $16250
Business
1 answer:
timama [110]3 years ago
5 0

Answer:Depreciation for 2020 to the closest dollar is:_b. $8125

Explanation:

Straight-line depreciation rate  is given as = 1 / Useful life

1 / 8  = 0.1250 or 12.50%

Also the Double-declining-balance depreciation rate = 2 x  Straight-line depreciation rate  = 2  x 12.50%

Double-declining-balance depreciation rate = 25%

Given That the

Cost of Machine = $65,000

Depreciation for 2020 =  Cost of machine x depreciation rate x period ( July - December

$65,000  x 25 % x  6/12

= $8,125

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The flow of money received on a sometimes a weekly, monthly, or yearly basis is known as __________.
morpeh [17]
The flow of money received on a sometimes a weekly, monthly, or yearly basis is known as SALARY.

Salary is the compensation employees received from their employers. It can be weekly, monthly, or yearly basis depending on the contract agreement between the two parties.
4 0
4 years ago
In an economy (or an organization, or a household) in which resources are allocated reasonably efficiently, it is ____ possible
lukranit [14]

Answer: Rarely if ever

Explanation:

In an economy resources are limited while human wants are unlimited. So resources must be used in a way that maximum consumer wants can be met efficiently. In an economy when resources are allocated efficiently it is rarely possible to make some else better off without making someone else worse off. That is it is rarely possible to increase performance of some without sacrificing on some other dimension.

3 0
3 years ago
A 15% increase in sales resulted in a 40% increase in net income for Company A and a 60% increase in net income for Company B. B
Ivahew [28]

company B has the greater operating leverage

What is operating leverage?

A cost-accounting method called operating leverage assesses how much a company or project can raise operating income by raising revenue. A company with significant operating leverage creates sales with a high gross margin and low variable costs.

The break-even point of a business is determined using operating leverage, which also aids in determining the right selling prices to cover all expenditures and make a profit.

Regardless of whether they sell any units of product, businesses with significant operational leverage must cover a bigger amount of fixed costs each month.

Low-operating-leverage businesses may have high variable costs that are directly related to sales, but they also have fewer monthly fixed expenses.

Learn more about operating leverage with the help of given link:-

brainly.com/question/6238482

#SPJ4

3 0
1 year ago
Ratio analysis:___________.
Mnenie [13.5K]

Answer:

D. Serves as an initial evaluation of the adequacy of an investment's expected cash flows.

Explanation:

Ratio analysis serves as an initial evaluation of the adequacy of an investment's expected cash flows.

Ratio analysis can be defined as the analysis of different pieces of financial information in the financial statements of a business.

Ratio analysis is used to get insight about the financial wellbeing of a business. It is used by analysts to determine various aspects of a business, such as its profitability, liquidity, and solvency.

7 0
3 years ago
A stock has a beta of 1.4, an expected return of 17.2 percent, and lies on the security market line. A risk-free asset is yieldi
andrew-mc [135]

Answer:

the portfolio's return will be Ep(r)= 9.2 %

Explanation:

if the stock lies on the security market line , then the expected return will be

Ep(r) = rf + β*( E(M)- rf)

where

Ep(r) = expected return of the portfolio

rf= risk free return

E(M) = expected return of the market

β = portfolio's beta

then

Ep(r) = rf + β*( E(M)- rf)

E(M) = (Ep(r) - rf ) / β + rf

replacing values

E(M) = (Ep(r) - rf ) / β + rf

E(M) = ( 17.2% - 3.2%) /1.4 + 3.2% = 13.2%

since the stock and the risk free asset belongs to the security market line , a combination of both will also lie in this line, then the previous equation of expected return also applies.

Thus for a portfolio of β=0.6

Ep(r) = rf + β*( E(M)- rf) = 3.2% + 0.6*(13.2%-3.2%) = 9.2 %

Ep(r)= 9.2 %

5 0
3 years ago
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