Answer:
B. $5600
Explanation:
Purchase price = $35,000
Expected life cycle= 10 years
Salvage value= $3000
Depreciation expense at the year 2= ?
Solution:
Using a straight line method.
Depreciation= Purchase price/expected useful life( straight line method)
Depreciation= 35,0000/10
=$3500 which is equivalent to 10% of the original price.
Using double declining-balance method, the value will double to
Depreciation expense in Year 1 = (20% of $35000) $7000
Depreciation expense in Year 2=
(20% of $28,000) $5600
The statement that applies are the rental of ant kayak equipment you need the wages that you forgo by going kayaking and the fee for accessing the river in a national park
Explanation:
The true cost for going to a particular place includes all that costs that are included from moving to a place that includes all the wages and the vehicle cost
Here the opportunity costs includes the fee to go to the national park by crossing the river and the amount that is needed to be spent on the equipment and the wages that must be forgo by going to kayaking all these statements best includes the true costs of going to kayaking
Answer:
a it could be sea but I'm pretty sure it's a but I don't take business so you might not want to trust me
Answer:
The answer is: The COGS is $635
Explanation:
We will use the following entries:
- Initial merchandise inventory $210
- Purchased merchandise inventory $635
- Ending merchandise inventory $160
Cost of goods sold = initial inventory + purchases - ending inventory
Cost of goods sold = $210 + $635 - $160 = $685
Answer: In regards with niche strategy the following statement is true: <u><em>Companies that adopt a niche strategy have only a small number of customers.</em></u>
<em>Niche is a term that stands for commodities, services, or inclination that charms a small, differentiated part of the demography. </em>
<em>Therefore, if an organization chooses to adopt niche strategy then they are targeting a small and differentiated part of the consumer database or population.</em>
<u><em>Therefore, the correct option in this case is (d)</em></u>