Answer:
Year 2= $4,687.5
Explanation:
Giving the following information:
Purchase price= $34,000
Useful life= 8 years
Salvage value= $9,000
<u>To calculate the depreciation expense under the double-declining-balance, we need to use the following formula:</u>
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Annual depreciation= 2*[(book value)/estimated life (years)]
Year 1= [(34,000 - 9,000)/8]*2= $6,250
Year 2= [(25,000 - 6,250)/8]*2= $4,687.5
It shouldn't be smaller than the "Main Breaker".
Hope that helps :p
<u>The answer is "the face".</u>
Robert Fantz began estimating the measure of time babies spent taking a gander at something as an approach to check how keen on it they were. Fantz announced that a two-month-old child spent twice as long taking a gander at a portray of the human face as at a bullseye, for example. Tests in view of look estimations have been the field's workhorse from that point onward. It is no misrepresentation to state that without looking-time measures, we would know almost no about almost any part of baby improvement.
Answer:
C. financial break-even point.
Explanation:
Break even point in economics is the point in the business, wherein cost and revenue generated are equal and business make no profit, no loss. Similary Financial break even has a same concept, however, it is a point in business, wherein earning before EBIT is equal to the fixed financial cost of the company and these fixed costs should be earned by the company to run its business and meet its fixed financial obligation. The earning above the financial break-even point is a profit to the shareholder.
Point in financial break even, wherein earning per share is equal to zero.
Answer:
= $115,559.84
Explanation:
The MACRS represents Modified Accelerated Cost Recovery System and it represents a depreciation method that is accepted for taxation purpose in the United States. The MACRS allows an asset's capitalized cost's recovery over a period of time based on annual deductions.
From the question, the fixed asset was purchased for $139,700
the MACRS rate to use at the end of 4 years = 0.2, 0.32, 0.192 and 0.1152
The accumulated depreciation therefore,
= (0.2+0.32+0.192+0.1152) x $139,700
= $115,559.84
