Answer:
$2914
Explanation:
The following steps would be taken to determine the answer
1. Calculate depreciation expense given the initial information
2. calculate the accumulated depreciation by the second year. Accumulated depreciation is sum of depreciation expense
3. subtract the accumulated depreciation from the cost price of the asset. This would give the book value
4. calculate the depreciation expense using the new information and the book value
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($9,920 - $1240) / 5 = $1736
Accumulated depreciation = 1736 x 2 = $3472
Book value at the beginning of 2021 = 9920 - 3472 = $6448
Depreciation expense in 2021 = (6448 - 620) / 2 = $2914
Answer:
Explanation:
Rule 70 is used to estimate how long it tales a cashflow amount to double.
The formula is as follows ;
Number of years = 70 / growth rate
<u>At 1.4% growth rate;</u>
Number of years = 70 / 1.4 = 50
<u>At 3.2% growth rate;</u>
Number of years = 70 / 3.2 = 21.88
<u>At 4.9% growth rate;</u>
Number of years = 70 / 4.9 = 14.29
<u>At 6.4% growth rate;</u>
Number of years = 70 / 6.4 = 10.94
<u>At 7.5% growth rate;</u>
Number of years = 70 / 7.5 = 9.33
Answer:
3,000,000 juicers
Explanation:
<em>Maximum numbers per workstation in 30 days:
</em>
Exterior construction = 100,000*30 = 3,000,000
Pulp filter = 25,000*24/6*30 = 3,000,000
Painting = 3,000*24/0.5*30 = 4,320,000
Packaging = 5,000*24*30 = 3,600,000.
The lowest of the numbers above is 3,120,000 and that means that Bryan inc. can manufacture 3,000,000 juicers.
Answer:Flexible
Explanation:
According to the question, clothing store tracks the sale at each location so, they are taking a very large base of consumers and they are considering each consumer that is why the quality information is flexible.
Demands of each consumer may vary such that one wants cotton fabric, another wants polyester so this makes the information more flexible as it may vary largely.
Answer: Reseller
A reseller is an organization that sources a variety of products from various producers, aggregates them under one roof and sells them to end users. A reseller usually doesn’t produce or add value to the products themselves.
Staples is a reseller that stocks a variety of stationery under one roof. It was set up with an objective to make all kinds of office and stationery supplies easily available to the end users.
