The book value of the plant and equipment after its third year of use would be $33,538,000. This is obtained by subtracting the accumulated depreciation over three years (calculated using the straight-line method) from the initial cost of the asset.
Explanation:To find the book value of the plant and equipment after its third year of use, you would need to use the straight-line method of depreciation. This method allows you to subtract the salvage value from the cost of the asset and then divide the result by the asset's useful life.
First, deduct the salvage value from the initial cost: $40,900,000 - $4,090,000 = $36,810,000. This gives you the total amount that will be depreciated over 15 years. The straight-line depreciation each year would be: $36,810,000 / 15 = $2,454,000. This will be the annual depreciation.
After three years, this accumulates to: $2,454,000 * 3 = $7,362,000, which is the total depreciation for the first three years. Finally, subtract the total depreciation from the initial cost to find the book value after 3 years: $40,900,000 - $7,362,000 = $33,538,000.
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Which pair of accounts follows the rules of debits and credits in relation to increases and decreases in the opposite manner? cash and accounts receivable service revenue and sales revenue salaries expense and unearned revenue inventory and depreciation expense common stock and retained earnings?
Which is an example of regulation in the automobile industry
Answer
The Corporate Average Fuel Economy (CAFÉ) standards
Explanation
This regulation was able to push automakers to increase vehicle fuel economy that in turn led to saving of money and cutting down the rates of pollution. For example in 1975 before the first mandated CAFÉ standards by the congress , the average American car traveled 13.5 miles per gallon, but by 2016 fuel economy was doubled to 25 miles per gallon.
Hailey works in a spa. Today, there was a sale on a particular color of nail polish. Twenty customers came in asking for the nail polish. Which qualification helped Hailey make it through the day without getting frustrated?
Answer:
Patience of performing repititive task
Explanation: Hailey needed the skill patience of performing repititive tasks or jobs to scale through her first day of work. Considering twenty customers came in requesting for same kind of polish this can be frustrating and tiring having to repeat same job/ task over and over again. So yes she needed patience of performing repetitive task as this helped control her sanity.
The major disadvantage of a trust is
a.
lack of control.
b.
lack of privacy.
c.
expense.
d.
an often lengthy probate process.
Anthony likes hands-on learning so he is looking for a career with post-secondary training that is more hands on and less classroom based. Based only on this criteria, which career should Anthony choose last? auto technician HVAC (heating, ventilation, air-conditioning) technician marine biologist building construction
Acme corporation currently has a 20% market share in a $15 billion industry (measured by sales revenue). emca corporation currently has a 17% market share in that same industry. what is the sales revenue for acme? (round your answer to 2 decimal places) $ 3.00 billion what is the sales revenue for emca? (round your answer to 2 decimal places) $ 2.55 billion calculate the difference (as a percentage) in market share for these two firms.
The difference in the market share for these two firms is 3%.
The market share of a firm refers to the percentage of the industry's total sales that is earned by such firm..
Given information
Industry sales = $15 billions
Acme market share = 20%
Emca market share = 17%
Sales revenue for ACME = Acme market share * Industry sales
Sales revenue for ACME = 20% * $15,000,000,000
Sales revenue for ACME = $3 billion
Sales revenue of ECMA = Ecma market share * Industry sales
Sales revenue of ECMA = 17% * $15,000,000,000
Sales revenue of ECMA = $2.55 billion
The difference between the market shares as a percentage:
= 20% - 17%
= 3% of $20 billion
Therefore, the difference in the market share for these two firms is 3% of $20 billion.
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Jackie is an hr manager at a union-free firm that is in the process of downsizing. as jackie helps determine which employees will be laid off, what will she most likely give the greatest consideration?
Twenty five percent of all telephones of a certain type g
As a general rule concerning job offers, it can be said that __________. select one:
a. "low ball" job offers are expensive to the organization
b. "competitive" job offers have no important drawbacks
c. "competitive" job offers tend to leave room to negotiate
d. "competitive" offers usually stimulate the most positive reactions on the part of offer recipients
Competitive job offers are often constructed considering the potential need for negotiation to secure a desired candidate. This allowance for negotiation might be reflected in aspects such as salary, benefits, or employment terms.
Explanation:As a general rule concerning job offers, it can be said that 'competitive' job offers tend to leave room to negotiate. This is due to the fact that competitive offers are typically designed by employers to secure the best candidate for the job and, recognizing that top talent may attract other competitive offers, they can leave room for negotiation to ensure that their offer is the most attractive.
This could be in terms of salary, benefits, work hours, or other conditions of employment. However, it should also be noted that the room for negotiation may vary from organization to organization and depend on the specifics of the job role and market conditions. This statement does not imply that 'competitive' offers always stimulate the most positive reaction. They can too, but it depends on the individual's perspective and evaluating criteria.
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You volunteer to participate in a game in which you are told that you and another participant, whom you will never meet but is playing nearby, must each make a decision: either you cooperate and benefit both of you, or you defect and benefit only yourself. depending on what you and the other person choose, you stand to receive a certain amount of money. you are participating in the ________ game.
What assumption is made with supply-side economics?
A. Tax cuts will stimulate the economy, eventually bringing in more tax revenue.
B. Tax cuts will slow inflation, keeping prices down.
C. Increased federal spending will stimulate the economy, bringing in more tax revenue.
D. Increased federal spending will slow inflation, bringing prices down.
A loan officer will use _____ to determine if you will be approved for a loan.
A. the four Cs of lending
B. the formula, P x (J / (1 – (1 + J)N))
C. debt-to-income ratio
D. a lease
A loan officer uses the four Cs of lending and the borrower's debt-to-income ratio to determine loan approval. Factors like income, credit history, and the potential for collateral or a cosigner are also considered.
A loan officer will use the four Cs of lending, which include character, capacity, capital, and collateral, and the debt-to-income ratio to determine if you will be approved for a loan. The debt-to-income ratio is calculated by dividing your monthly debt payments by your gross monthly income, which helps lenders measure your ability to manage loan payments. For example, a 43 percent debt-to-income ratio is typically the highest a borrower can have to qualify for a Qualified Mortgage, as higher ratios are associated with an increased likelihood of payment difficulties.
Additionally, lenders in the financial capital market require borrowers to fill out income source forms and conduct credit checks, sometimes requiring cosigners or collateral that the bank could seize and sell if the loan is not repaid. Therefore, multiple factors determine loan approval, not just a single formula or variable.
A balanced scorecard approach creates goals in four key performance areas and assesses ________.
Which of these is not a typical application of investors' money
One of the requirements of a computer that can support artificial intelligence (ai) is that it should be able to _____.
On january 1, 2016, knapp corporation acquired machinery at a cost of $1,250,000. knapp adopted the double-declining balance method of depreciation for this machinery and had been recording depreciation over an estimated useful life of ten years, with no residual value. at the beginning of 2019, a decision was made to change to the straight-line method of depreciation for the machinery. the depreciation expense for 2019 would be
Final answer:
The depreciation expense for Knapp Corporation for 2019, after switching to the straight-line method of depreciation, would be $91,428.57, calculated based on the remaining book value and useful life.
Explanation:
When Knapp Corporation switched from the double-declining balance method to the straight-line method of depreciation, the depreciation expense for 2019 needs to be recalculated. After two years of double-declining balance depreciation, the book value of the machinery at the end of 2018 would be:
Year 1 (2016) depreciation: $1,250,000 * 2/10 = $250,000
Year 2 (2017) depreciation: ($1,250,000 - $250,000) * 2/10 = $200,000
Book value at the end of 2017: $1,250,000 - $250,000 - $200,000 = $800,000
Year 3 (2018) depreciation: ($800,000) * 2/10 = $160,000
Book value at the end of 2018: $800,000 - $160,000 = $640,000
Starting 2019, the straight-line method will be applied. With no residual value and a remaining useful life of 7 years (10 years - 3 years already depreciated), the annual depreciation expense would be:
$640,000 / 7 years = $91,428.57
Therefore, the depreciation expense for 2019 would be $91,428.57.
Select the correct answer from the drop-down menu.
What is comprised by frictional and structural unemployment?
`
Frictional and structural unemployment comprise {Blank} unemployment.
A) Equilibrium
B) Economic
C) Factual
Answer: A) Equilibrium
Explanation:
Frictional and structural unemployment comprise equilibrium unemployment, which is also known as the natural level of unemployment and occurs even with the real wage at its market-clearing level.
Which savings account can a financial institution end?
When using the overview module to learn about your metrics data in hootsuite analytics, it automatically analyzes both the time period you select and the corresponding time period before that. for example, if you select the previous 7 days, overview will automatically pull data from the previous 14 days. why would this be a benefit?
Comparing two consecutive time periods in Hootsuite Analytics helps identify trends and shifts in engagement, allowing for better strategic decisions. It provides context on performance and the effectiveness of recent changes. Additionally, it helps in identifying issues and rectifying them promptly.
Using the overview module in Hootsuite Analytics to compare your metrics data over two consecutive time periods provides valuable context for your performance.
By analyzing both the selected time period and the corresponding previous period, you can identify trends, patterns, and shifts in user behavior or engagement.For example, if you select the previous 7 days, Hootsuite will automatically gather data from the previous 14 days, allowing you to see if there has been an increase or decrease in engagement over time. This comparative analysis can help you assess the effectiveness of recent campaigns or changes in strategy.Additionally, understanding trends over time can be critical for strategizing future actions. For instance, if you notice a significant drop in engagement compared to the prior week, you might investigate further to uncover potential causes and rectify the issues.which of the following is a precaution that helps to protect you from electric shock when working electric power tools
Answer:
A.All answer choices are precautions to protect you from electrical shock
Explanation:
Which of the following is a precaution that helps to protect you from electric shock when working with electric power tools?
A.All answer choices are precautions to protect you from electrical shock
B.Always store electrical power tools in a dry location
C.Make sure the tool has a 3-wire cord and is plugged into a grounded receptacle
D.Make sure the tool is double insulated or is powered by a low-voltage isolation transformer
When wrking with electrically powered tools you have to be very carefull in many different ways in order to not get electrocuted or harmed by the electric current that is flowing thru the tool, keeping them dry is a good way to start, connecting them to a 3 wire and grounded recptacle can also help in case there is an overcharge it will not flow towards you or the electrical tool, and making sure the tool is insulated can also help a lot, so the answer would be A.All answer choices are precautions to protect you from electrical shock
Which type of portfolio might a young investor who is not afraid of risk choose?
Automatic stabilizers stabilize the level of real gdp because
When you purchase a package of gum at the grocery store for $1.30 and you hand the clerk a $5 bill, she gives you three dollar bills, two quarters and two dimes in change. which characteristic of money does this best represent?
Personal allowances worksheet is what type of document?
After identifying a target market, a retailer must:
After identifying the target market, a retailer must find ways to market its product to them.
They must develop a marketing plan to target that market. They must make their product more unique so that the prospects can identify it easily. Retailers must give their best to make the product better in quality, lesser in price and of course better than their competitors, with the strong marketing plan implementation.
A _____ is a strategy for expanding capacity that waits until demand has increased to a point where additional capacity is necessary.
a. capacity lead strategy
b. capacity reduction strategy
c. capacity match strategy
d. capacity lag strategy
The strategy that waits to expand capacity until after demand has increased to a point where more capacity is required is called a capacity lag strategy.
Explanation:In response to the question, the strategy for expanding capacity that waits until demand has increased to a point where additional capacity is necessary is known as a capacity lag strategy. This strategy aligns with entrepreneurship and business growth, whereby organisations only increase their production abilities when there is a high demand for their product or service. This is to prevent unnecessary spending on production when there isn't enough demand to make that production profitable.
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A capacity lag strategy is a business approach where a company expands its production capacity only when there is a clear increase in demand, as opposed to investing ahead of time.
The strategy for expanding capacity that waits until demand has increased to a point where additional capacity is necessary is known as a capacity lag strategy. Unlike an over-investment strategy, which involves creating excess capacity ahead of time as a signal or deterrent to potential competitors, a capacity lag strategy does not incur the cost of expanding production until it is justified by increased demand. This strategy is often in contrast to capacity lead strategies where investments are made in anticipation of future demand. Given these considerations, the correct answer is: d. capacity lag strategy.
If your company makes a particular decision in the face of uncertainty, you estimate that it will either gain $10,000, gain $1000, or lose $5000, with probabilities 0.40, 0.30, and 0.30 respectively. you (correctly) calculate the emv as $2800. however, you distrust the use of this emv for decision making purposes. after all, you reason that you will never receive $2800; you will receive $10,000, $1000, or lose $5000. discuss this reasoning.
________ is a collaboration tool that supports remote (different place), synchronous (same time) collaboration.
a.video conferencing
Video conferencing is a collaboration tool that supports remote (different places), and synchronous (same time) collaboration. It allows real-time interactions and various collaborative features. This includes tools like Zoom and Microsoft Teams. Thus, option (a) is correct.
Remote Collaboration: Video conferencing allows people in different locations to participate.Synchronous Communication: It enables real-time interactions as if all participants were in the same room.Features: Modern video conferencing tools like Zoom and Microsoft Teams also support screen sharing, ch_at, and file sharing.Other options such as email, a wall display, and virtual worlds either do not support real-time communication or are not primarily designed for synchronous activities.
Complete Question:
_____ is a collaboration tool that supports remote (different places), and synchronous (same time) collaboration.
a. Video conferencing
b. A wall display
c. E-mail
d. A virtual world
e. A MUD
Lorraine is the marketing manager at sibil furnishings. to promote the latest range of furniture, she decides to place ads in local newspapers, on the radio, and on television. she also decides to aggressively advertise the products through interior design bloggers. in the context of advertising, lorraine is involved in _____.
Entry-level jobs usually pay:
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