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Elena L [17]
3 years ago
6

Marlow Company purchased a point of sale system on January 1 for $5,800. This system has a useful life of 5 years and a salvage

value of $600. What would be the depreciation expense for the second year of its useful life using the double-declining-balance method?
Business
1 answer:
xz_007 [3.2K]3 years ago
7 0

Answer: $1392

Explanation:

The depreciation rate under straight line is =1/5=0.2

The depreciation rate under double declining is = 0.2 × 2 = 0.4

Depreciation expense for the first year = 0.4 × $5800 = $2320.

At the beginning of year two, net book value = $5800 - $2320 = $3480

Depreciation expense for year two = 0.4 × $3480 = $1392

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Suppose Susan from USA works for a multinational company and has just arrived in a remote country in Africa for her work assignm
jolli1 [7]

Answer:

Ethnocentrism

Explanation:

I wish everyone in this little country just spoke English like the rest of the civilized world

this behavior is example of Ethnocentrism because

when we judge other culture on the basis of preconceptions that is found in the value and standard of own culture

and these are regarding of religion , behavior and language and customs etc

so here we can say Susan’s behavior is an example of Ethnocentrism

so correct option is C. Ethnocentrism

4 0
3 years ago
Kiwi Plc sold an antique painting which had been purchased inJanuary 1996 for £21,000. It was sold for £4,200 in January 2021. T
Hitman42 [59]

Answer:

$17,450

Explanation:

The antique painting that was bought in January 1996 was sold for $21,000

It was sold for 4,200 in January 2021

It received a net auction fee of 650

Therefore the allowable loss can be calculated as follows

= 21,000-4200+650

= 17,450

Hence the allowable loss is $17,450

5 0
2 years ago
Handyman Hardware, a small community-based store, offers its consumers the option of using credit. Creditworthy individuals are
kondor19780726 [428]

Answer:

Read the potential thesis, as it appears below. Is the thesis specific enough to provide clear direction to the writer?

In "Claiming an Education," Adrienne Rich uses logos, ethos, and pathos.

5 0
3 years ago
Work should be performed by an individual if ________.
Setler [38]
Answer:
there is no need for diverse input

6 0
2 years ago
The Chilton Corporation specializes in manufacturing one type of desk lamp. Chilton allocates variable manufacturing overhead co
docker41 [41]

Answer:

Variable manufacturing overhead rate variance = 80,000 favorable

Explanation:

Given:

Overhead rate variance = $1.70 per hour

Total machine hour = 160,000 hour

Actual overhead costs = $192,000

Find:

Variable manufacturing overhead rate variance

Computation:

Variable manufacturing overhead rate variance = [Standard overhead rate - Actual overhead rate]Actual hour

Variable manufacturing overhead rate variance =[1.7 - (192,000 / 160,000)]160,000

Variable manufacturing overhead rate variance = [1.7 - (1.2)]160,000

Variable manufacturing overhead rate variance = [0.5]160,000

Variable manufacturing overhead rate variance = 80,000 favorable

6 0
2 years ago
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