Answer:
$16,400
Explanation:
Depreciation for 2020 is calculated as;
= (Cost - Nill value) × 50% × 6/12[July to December)
Given that ;
Cost = $65,600
Depreciation = ($65,600 - 0) × 0.5 × 6/12
Depreciation = $16,400
Therefore, depreciation for 2020 is $16,400.
It means different skills in the knowledge of workers
Answer:
Here we need to find the length of an annuity. We know the interest rate, the PV, and the payments. Using the PVA equation:
PVA =C({1 – [1/(1 +r)t]} /r)
$14,500 = $500{[1 – (1/1.0155)t] / 0.0155}
Now we solve for t:
1/1.0155t = 1 − {[($14,500)/($500)](0.0155)}
1/1.0155t= 0.5505
1.0155t= 1/(0.5505) = 1.817
t = ln 1.817 / ln 1.0155 = 38.83 months
<u>Account will be paid off in 38.83 months.</u>
Answer:
Ophelia Inc.
Assuming that the company utilizes the allowance method, Ophelia should record a(n):
decrease in Accounts Receivable
Explanation:
This means that the accounts receivable will be credited while the allowance for doubtful accounts is debited to record the decreased value. The Patton Inc. account may not be recovered fully. However, the amount of the decrease depends on the amount that can be recovered from Patton. Thereupon, the accounts receivable will first be credited with the cash recovered with the corresponding debit entry in the Cash account.
The Herfindahl index equals sum of the squared percentage market shares of all firms in an industry.
<h3>What is Herfindahl index?</h3>
The Herfindahl Index can be regarded as the common measure of market concentration which is used in measuring the market in term of the competition.
In calculating this Herfindahl Index, we can determine the pre- and post-M&A and equals sum of the squared percentage market shares .
Learn more about Herfindahl index at; brainly.com/question/15701307
#SPJ1
