purchased a depreciable asset for $604000 on January 1, 2018. The estimated salvage value is $64000, and the estimated useful life is 9 years. The straight-line method is used for depreciation. In 2021, Sheffield changed its estimates to a total useful life of 5 years with a salvage value of $81000. What is 2021 depreciation expense?

Answers

Answer 1

Answer:

$171,500

Explanation:

The computation of the depreciation expense for the year 2021 is shown below:

For accumulated depreciation

= ($604,000 - $64,000) ×  3 years ÷ 9 years

= $180,000

Now the depreciation expense for the year 2021 is

= ($604,000 - $180,000 - $81,000) ÷ ( 5 years - 3 years)

= $171,500

Hence, the depreciation expense for the year 2021 is $171,500


Related Questions

michelle works in retail and cant decide what products to include i the stores front window display what is the first step she should take to solve this problem

Answers

The available options are:

A. List the options.

B. Evaluate the decision/choice.

C. State the problem.

D. Determine the pros and cons.

Answer:

State the problem.

Explanation:

In a situation like this, it is expected that the first step to take to solve the problem is that Michelle should understand the reason, she wants to put the product on the window display. This includes knowing what she will benefit by placing the product on the window display and which product she wants to display. This process which is the first step in the problem-solving technique is known as STATE THE PROBLEM.

Hence, the right answer is State the Problem.

11.Which of the following is not one of the problems and risks ofstrategic alliances between domestic and foreign firms? A. Overcoming language and cultural barriers B. The amount of time required to build trust, effective communication, and coordination between allies C. Developing mutually agreeable ways of dealing with key issues or differences D. Making it harder to pursue a multidomestic strategy as compared to a global strategy E. Suspicions about whether allies are being forthright in exchanging information and expertise.

Answers

Answer:

A. Overcoming language and cultural barriers.

Explanation:

When a company operates in markets of two or more countries strategic issues can arise and which leads to weaker management, fear of market insulation, and less efficient communication and poor allocation of resources. The overcoming of time language and cultural barrier is not an issue or risk of strategic alliances.

write 3 importance/ benefits of life insurance.​

Answers

Answer:

A life insurance policy can pay off any debts that you leave behind that would be a burden to your family. Debts such as a mortgage, credit cards, car loans and even your funeral expenses can have a dramatic impact on your family and their lifestyle.

Explanation:

Any debts that you leave behind and that would be a burden on your family can be paid off by a life insurance policy. Debts like a mortgage, credit card debt, auto loans, and even funeral costs may significantly affect your family's livelihood.

By purchasing life insurance, you may shield your spouse and kids from the potentially catastrophic financial losses that could arise in the event of your passing. It offers financial stability, aids in debt repayment, assists in covering living expenditures, and aids in covering any last or medical costs.

The vast majority of experts concur that you absolutely must obtain life, health, long-term disability, and car insurance. Small company owners, working parents, stay-at-home parents, retirees, childless singles, and empty nesters all stand to gain from life insurance, in general.

Learn more about insurance here:

https://brainly.com/question/989103

#SPJ2

Alaska king crab fishing in the 1960s and 70s was a dangerous but rich fishery. Boats from as far away as California and Japan braved treacherous waters to reach the abundant king crab beds in Cook Inlet and Bristol Bay, major waters along the southern Alaska coast. In the early 1980s, the fishery crashed due to overfishing. All crabbing in those areas ended. To this day, there is no crabbing in Bristol Bay or Cook Inlet. a. How would an economist explain the decline of the Alaska king crab fishery

Answers

Answer:

Common good

Explanation:

The decline of the Alaska king crab fishery would be explained using the concept of common good.

Now to provide further explanation on what a common good is:

A common good is a good that is beneficial to all persons. Such a good serves everybody as there is no exclusion or rivalry. One major problem with common goods are a depletion of resources. This is what happened when the fishery crashed due to fishery because everyone is entitled to it and uses it, the problem of overfishing was bound to happen.

Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 15 years to maturity, and a coupon rate of 7.3 percent paid annually.If the yield to maturity is 8.6 percent, what is the current price of the bond? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
Current price �

Answers

Answer:

892.69

Explanation:

Given the following :

Par value of bond (FV) = 1000

Period (n) = 15 years

Coupon rate (r) = 7.3% annually

Yield to maturity (r) = 8.6% = 0.086

The coupon price = 7.3% of par value

Coupon price (C) = 0.073 * 1000 = 73

Current price of bond can be computed using the relation:

= C * [1 - 1 / (1 + r)^n] / r + (FV / (1 + r)^n)

73 * [1 - 1/(1+0.086)^15]/0.086 + 1000/(1 + 0.086)^15

73*(1 - 1/3.44704)/0.086 + (1000/(1.086)^15)

= 73*8.2546131 + 290.10326

= 602.5867563 + 290.10326

= 892.69

A real estate office handles a 80-unit apartment complex. When the rent is $550 per month, all units are occupied. For each $25 increase in rent, however, an average of one unit becomes vacant. Each occupied unit requires an average of $50 per month for service and repairs. What rent should be charged to obtain a maximum profit

Answers

Answer:

The real estate should charge $1,300 to obtain maximum profit.

Explanation:

We can make K to represent the number of unit apartment occupied.

This means that the total rent the real estate office is getting can be denoted by;

{(550 + 25(80 - K)} K - 50K

Maximizing the above equation, we have;

y = 550K + 2,000K - 25K^2 - 50K

Collect like terms

= 2,500K - 25K^2

y' = (2,500K - 25K^2)' = 2,500 - 50K

y = 0

2,500 - 50K = 0

2,500 = 50K

K= 50

Rent is therefore;

Rent = 550 + (80 - K)25, where K is 50

= 550 + (80 - 50)25

= 550 + (30)25

= 550 + 750

= $1,300

. Make a list of the ingredients for Samosa ​

Answers

Explanation:

Your Full and explanation is in the attachment

please look it once .

hope it is helpful to you

✌️✌️✌️✌️✌️✌️✌️

The optimal capital structure: A) will vary over time as taxes and market conditions change. B) will remain constant over time unless the company changes its primary operations. C) will be the same for all companies within the same industry. D) places more emphasis on operations than on financing. E) is unaffected by changes in the financial markets.

Answers

Answer:

A) will vary over time as taxes and market conditions change.

Explanation:

The capital structure is a combination of the debt and equity and if this is the optimum capital structure so it would be the best combination. Also, the equity financing maximize the market value of the company while at the same time it reduced the cost of capital

Therefore it will vary with respect to the taxes and the change in the market conditions

The clerical and editorial employees in a publishing house need to be at their desks by 8:00 AM and follow a set of precise procedures dictated by management. The jobs of these clerical and editorial employees ________.

Answers

Answer: Formalization

Explanation:

Formalization could be defined as the length of an organization's policies, description and rules all spelt out for everyone to see. What makes up formalized structures or what we can know them for are their rules and regulations.

The jobs of these clerical and editorial employees are related to Formalization, they either form this rules out with the management or play the role of spelling it out(written) for all to see.

Ollie wants to sign up with an online social network called TeensMeet, which other kids at school have joined. The TeensMeet site asked Ollie for the following personal information: his full name, the name of his school, the city where he lives, his age, and his favorite music.

Answers

All of this would be known as his personal info which would be needed to sign up! I’m not sure what your question is?! Message me back so we can figure this out together!

Define Pareto's law. Multiple choice question. It is the ranking of all items of an inventory according to a specific criterion of importance. It is a method of estimating the impact of changing the number of locations on the quantity of inventory held. It is the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company. It is used to determine the order size for a one-time purchase.

Answers

Answer:

It is the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company

Explanation:

Pareto's law is a law that describes the points or direction to concentrate the firm's activities and resources on to achieve optimum productivity.

It usually follows the principle that 80% of returns come from 20% of the customers or clients.

Hence, in this case, the correct answer is Pareto's law is defined to be "the rule that a small percentage of items account for a large percentage of sales, profit, or importance to a company."

Kim is the sales representative for a major textbook publisher. When she calls on the business faculty at General University, her first stop is to chat with Frank, the business department secretary. From Frank, Kim learns which professors have left the university or are newly arrived. Frank also helps Kim to make appointments to see professors to discuss textbook choices. Frank acts as the __________ in the business department buying center.

Answers

Answer:

Frank acts as the "gatekeeper".

Explanation:

A business secretary seems to be in charge of secretarial or admin duties and rebounds with both regularly and lengthy-term tasks. Individuals forecasts appointments keep documents as well as review files.This is commonly the one who publishes and allocates the minutes throughout consultations and is almost always the channel within which customers and work colleagues have to connect with either the higher-ups.

So that the above is the correct choice.

You work for a Defense contracting company. The company develops software applications which perform intensive calculations in the area of Mechanical Engineering related to metals for ship building. You have a 3-year contract and decide to purchase reserved EC2 instances for a 3-year duration. You are informed that the particular program has been cancelled abruptly and negotiations have brought the contract to an amicable conclusion one year early. What can you do to stop incurring charges and save money on the EC2 instances

Answers

The defense contracting company is spending its money by purchase of EC2 instances. This reserved instance can be used for one to three years.

If the program is cancelled due to some reasons the company can let out the purchase instance to some other company on lease and earn annual rentals on it.

This will save its sunk cost and earn some money with spare reserved EC2 instance.

Learn more at https://brainly.com/question/24373854

An agent of a broker-dealer "A" has been terminated and is associating with broker-dealer "B." The terminated agent agrees to turn over his clients to another agent at broker-dealer "A" in return for half of the commissions generated by those clients over the following year. This arrangement is:

Answers

Answer: Prohibited

Explanation:

This agreement is prohibited because agents working in different firms are not allowed to split commissions. The agent who has been terminated from broker-dealer A is associating with broker-dealer B and seeing as the arrangement is for a year, it will last the entirety of the time that both agents will be in different firms.

Monopolistic competitors in the food industry will often include a recyclable symbol on packaging used for their product as a means to be socially responsible. be environmentally responsible. differentiate their product. be perceived more favorably.

Answers

YES, BECAUSE WHETHER A BUSINESS DECIDES TO PROVIDE A POSITIVE LANDMARK STAMP ON THEIR PRODUCTS AND / OR SERVICES IS THEIR DECISION.

THE ONES THAT DECIDE TO MAKE THE DIFFERENCE ARE OFTEN REMARKABLE FROM THE COMPETITION, THIS OTHER ECONOMIC GROUP THAT DID NOT HAD THE INITIATIVE TO INNOVATE FOR A BETTER EXPERIENCE.

Define Networking
Explain types of Network
Explain topologies​

Answers

Answer: Network topology is the way a network is arranged , including the physical or logical description of how links and nodes are set up to relate to each other. There are numerous ways a networks can be arranged , all with different pros and cons and some are more useful in certain circumstances than others. hope you  understand

Explanation:

A good manager: A. gives advice freely and frequently. B. is more result-oriented than relationship-oriented. C. has a judger mind-set and low self-awareness. D. schedules time for listening to employees each day. E. believes that listening too much is a sign of indecisiveness.

Answers

Answer:

B.

Explanation:

If you're asking a good manager that keeps the busniess running the answer is B because he would get the best money results.

If you mean the best manager because CO-workers like him the answer is A, but I don't think that's what you're asking so the answer is most likely B.

IF THE ANSWER IS SELECT ALL THAT APPLY,

-A

-B

-D

If the expected return generated by a financial asset is greater than what is required for compensating the asset's risk, the demand for the financial asset will start rising exponentially such that the initial cost incurred to take a position in the financial asset (the price of the financial asset) will increase. This in turn will depress the expected returns generated by the financial asset. This process will continue till the excess return being generated by the asset ceases to exist and the asset's price becomes commensurate with the asset's risk-return profile. This entire process is known as arbitrage.

Answers

Answer:

False

Explanation:

Arbitrage refers to buying and selling stocks, commodities, bonds, currencies, or any other type of security. This process is carried out simultaneously, and a profit is made when the purchase price is lower than the selling price. E.g. a trader that purchases gold from a European seller and immediately sells it to an Asian buyer at a slightly higher price.

As technology advances, arbitrage has become more difficult to carry out because information is available to everyone. Before, a company could purchase a good (e.g. beef) in Texas and sell it at a higher price to a buyer in New York.

"According to new growth​ theory, ______. A. prosperity will last but growth will not last because eventually the real interest rate​ falls, which slows the capital accumulation needed for growth B. growth can persist indefinitely C. growth rates and income levels per person around the globe will converge D. labor productivity grows most quickly in countries with the largest populations"

Answers

Answer:

argues

Explanation:

According to new growth theory option B. growth can persist indefinitely.

What is growth theory?

Growth theory is an economic framework that aims to explain the factors and mechanisms driving economic growth and development over time.

It seeks to understand why some economies experience sustained increases in their output (GDP), while others do not. Growth theory examines the role of various factors such as technological progress, human capital accumulation, capital investment, innovation, and institutions in driving long-term economic growth.

It provides insights into how economies can achieve higher standards of living and improve the well-being of their populations.

learn more about growth theory: https://brainly.com/question/15681800

#SPJ2

Starbucks entered a partnership with Keurig Green Mountain to sell K-Cup single-serving coffee packs. Because Starbucks __________, it was prepared for this shift in its marketing environment.

Answers

Answer:

tracked, as part of its ongoing environmental scanning activities, the percentage of households with single cup brewers

Explanation:

Starbucks entered a partnership with Keurig Green Mountain to sell K-Cup single-serving coffee packs. Because Starbucks tracked, it was prepared for this shift in its marketing environment.

What is a partnership?

The partnership is referred to as the alliance formed between two or more two people with share capital as well as profit and loss of the business and achieve the common objective of the organization.

A shift in the marketing environment can lead to both profit and loss for an organization. Every organization needs to plan in advance to cope with the rising challenges and utilize them as opportunities for the business.

The change in the marketing environment is caused by political, social, economic, and cultural factors which affect the sales of any product.

Learn  more about the partnership here:

brainly.com/question/25012970

#SPJ6

Management at the Relaxing Pines resort chain places great emphasis on customer satisfaction and loyalty. They emphasize quiet, luxurious rooms and personalized service. In fact, bonuses are based primarily on customer evaluations. What perspective does this reflect

Answers

Customer Focus. They convey their soul focus is on the customers enjoyment

Byron Company records several adjusting entries for accrued expenses at the end of each month. The adjusting entry for each of Byron's accrued expenses is a(n): Multiple Choice Increase an expense; decrease a liability. Increase an expense; decrease an asset.

Answers

Answer: Increase an expense

Explanation:

Accrued expenses are those expenses that the company has already incurred but have not yet paid for. Even though they have not paid for this, they will still have to account for it due to the Accrual basis in Accounting that requires that expenses are recognised when incurred not when paid.

The adjusting entry for an accrued expense is therefore to increase (by debiting) the relevant expense account and then increase (by crediting) the relevant liability account.

A company completes construction of a $400 million offshore oil platform and places it into service on January 1. State law requires that the platform be dismantled and removed at the end of its useful life, which is estimated to be 10 years. The company estimates that the cost of dismantling the platform will be $20 million. The discounted value of the liability is $9 million using the company's credit-adjusted, risk-free rate. The company has already capitalized the $400 million construction cost of the platform. What amounts should the company record as liability and expense when the asset is placed into service

Answers

Answer:

b. Liability, $9,000,000; expense, $0.

Explanation:

An asset retirement obligation (ARO) refers to an obligation with respect to the acquisition , construction, development, etc. The liability should be recognized the liability at the present value that should be expected to be paid for settling the obligations

Here the $9,000,000 million represents the liability

Also the journal entry is

Asset Dr

        To liability

(Being the asset placed is recorded)

There is no expense should be recorded in the income statement

write any five different between of profession and professional education.​

Answers

Answer:

Profession is a field or work of life,which you choose in order to become a professional of that field. For example, Teaching is a profession and am a teacher which makes me a professional of that 

Simon is the manager of the editorial department in a publishing company. Every time an editor in his team fails to fix the errors in the article he or she is working on, Simon assigns him or her extra work. In this case, Simon is using .

Answers

Answer:

Feedback control

Explanation:

Feedback control system is used by managers to guage how effectively their employees meet up with target output at the end of the production process.

It compares the output produced to the target output that was set for the employee. There is little consideration for how much the workload is.

In this scenario the manager assigns extra work every time an editor fails to fix errors in the article they are working on.

His main concern is the output of the editors. So when they fail to complete a task he gives them more in order to gain the target output from them

Candice’s first job was at the grocery store making deli food. While in culinary school, she worked part time in a restaurant kitchen, and after finishing school, she found a position as a head chef. With her growing experience and advanced education, Candice has been able to _____.

Answers

Answer:

move up the career ladder

Explanation:

A career is a series of jobs that are related, whose foundation is based on interest, knowledge, training and experience. Moving up the career ladder means that one has continuously been growing in experience by moving from series of related jobs with fewer responsibilities to the one with more responsibilities within a specific profession.

Moving up the the career ladder also involve continuous advancement in education related to one's profession with a view to gaining more knowledge that would be applied to the chosen job hence above is an example of moving up the career ladder.

Answer:

B. move up the career ladder.

Explanation:

May I have brainliest please? :)

A bank statement shows a balance of $8,445 at June 30. The bank reconciliation is prepared and includes outstanding checks of $2,790, deposits in transit of $1,350, and a bank service charge of $30. Among the paid checks returned by the bank was check no. 900 in the amount of $600, which the company had erroneously recorded in the accounting records as $60. The "adjusted cash balance" at June 30 is:

Answers

Answer:

$7,095

Explanation:

The computation of adjusted cash balance is shown below:-

Adjusted cash balance = Balance as per Bank Statement + Deposit in transit - Outstanding checks + bank Service charge + returned paid check no.900

= $8,445 + $1,350 - $2,790 + $30 + $60

= $7,095

Therefore for computing the adjusted cash balance we simply applied the above formula.

Computing cash flows from financing LO P3 Additional short-term borrowings $ 20,000 Purchase of short-term investments 5,000 Cash dividends paid 16,000 Interest paid 8,000 Compute cash flows from financing activities using the above company information. (Amounts to be deducted should be indicated by a minus sign.)

Answers

Answer:

Cash flows from Financing Activities $4,000

Explanation:

Computation of cash flows from financing activities

Additional short-term borrowings $20,000

Less Cash dividend paid ($16,000)

Cash flows from Financing Activities $4,000

Therefore the Cash flows from Financing Activities will be $4,000.

Sarah's a digital marketing consultant. With 90% of sales still taking place in a physical location, she knows her clients need to reach customers throughout their journey to ensure the best chance at a sale. Those customers need to find her client's products across multiple channels. Which type of marketing strategy can Sarah use to drive sales to her client's physical locations?

Answers

Options :

A) A search engine optimization strategy to rank for keywords.

B) Third-party lead generation to qualify inbound leads prior to contact.

C) A strategy designed to mimic all ads directly from similar local businesses.

D) An online-to-offline strategy to drive offline sales with online ads.

Answer: D) An online-to-offline strategy to drive offline sales with online ads

Explanation: Given that 90% of the sales made by Sarah's client takes place in physical stores, and as such it is important that a large number of potential customers are reached in other to get a shot at making a sale. The online strategy becomes paramount as it provides a viral or rapid approach to getting potential buyers informed about a certain product within a short period of time, one of such way is the use of online advertisement and digital or social media marketing. Leveraging this online marketing capability could be used make consumers aware and increasing the Chances of making better sales offline since consumers are already aware of the product.

How do I do this? I think I know how But I am not 100% sure! Thanks in advance! I will mark answer the Branliest! Calculate the break-even level of customers needed.

Answers

Answer:

Break-even point in unit = 250 units

Explanation:

Given:

Fixed cost = $500

Variable cost = $2

Number of customer = 325

Sales amount = $4

Find:

Break-even point

Computation:

Break-even point in unit = Fixed cost / (SP - VC)

Break-even point in unit = 500 / ($4 - $2)

Break-even point in unit = 250 units

Other Questions
When colonists boycotted British goods under the Stamp Act, theystole products that were taxed.refused to participate in buying stamps.sold products that were taxed.refused to pass new tax laws. Is 2.73234(34 repeating) rational or irrational? Please select the word from the list that best fits the definitionJuana haba ido a caminar en la montaa.tomar un crucerohacer senderismoir al cinecomprar recuerdosir a un cibercaf Read this passage: In the years leading up to World War I, many Serbs for outrage that Austria-Hungary control territories with large ethnically populations. They wanted these territories to be controlled by the independent nation state of Serbia. This created tensions between Serbs and Austria-Hungary that would eventually contribute to the assassination of archduke Franz Ferdinand. Which contributing factor to the World War I does this passage most clearly reflect? A nationalism, B militarism, c the alliance system or D imperialism The first place that the reabsorption of water is not automatically coupled to the reabsorption of filtered solutes occurs in the PCT. a. Trueb. False Jamal lost his job as a shipbuilder. His plant closed down "temporarily" but never reopened and will not. Jamal's skills are very specialized and no longer in demand. His unemployment is best classified as . A TCP entity opens a connection and uses slow start. Approximately how many round-trip times are required before TCP can send N segments The characters in gothic literature are alienated because they challenge social norms. To what extent do you agree? please help :) You are the manager of an apartment complex with 50 units. When you set rent at $800/month, all apartments are rented. As you increase rent by $25/month, one fewer apartment is rented. Maintenance costs run $50/month for each occupied unit. What is the rent (in dollars) that maximizes the total amount of profit Find the point-slope equation forthe line that passes through thepoints (7,-21) and (-4,23). Usethe first point in your equation.y +[? ] = [ ](x + [ ]) PLEASE HELP ME ASAP On a test, the average score of 25 boys and 15 girls is 68 points. The average test score of the boys is 62 points. What is the average score of the girls? SHOW YOUR WORK Mr. Evans is considering offering a second after-school tutoring session for his math students each week. He records the number of students who attend his current sessions each week. The results from the last twelve weeks are shown in the dot plot below. Questions attached below ( *) Thanks for the help :) letter to the cousin thanking for helping you with science project excerpt from speech: El pasado reciente nos ensea que nadie tiene las llaves de la historia. El siglo se cierra con muchas interrogaciones. Algo sabemos, sin embargo: la vida en nuestro planeta corre graves riesgos. Nuestro irreflexivo culto al progreso y los avances mismos de nuestra lucha por dominar a la naturaleza se han convertido en una carrera suicida. En el momento en que comenzamos a descifrar los secretos de las galaxias y de las partculas atmicas, los enigmas de la biologa molecular y los del origen de la vida, hemos herido en su centro a la naturaleza. Por esto, cualesquiera que sean las formas de organizacin poltica y social que adopten las naciones, la cuestin ms inmediata y apremiante es la supervivencia del medio natural. Defender a la naturaleza es defender a los hombres. Which of the following sentences from speeches in English has the same topic as the speech in the audio? A Without a doubt, this is a sign of hope in the struggles of the indigenous people all over the continent. B Stars, hills, clouds, trees, birds, crickets, men: each one in his or her own world; however, in some way, each of their worlds belongs to one another. C In this moment, by a pure stroke of undeserved luck, I am the direct voice of the poets from my race and the indirect voice of the noble Spanish and Portuguese languages. D The Mayas discovered the mathematical concept of the zero, almost at the same time as it was discovered in India and then to the Arab regions. Which literary term is used to identify "and a twinkle in her eye" in the sentence below?And with a swish of her wand and a twinkle in her eye, Cinderella's fairy godmother transformed the pumpkin into a carriage.essentialparentheticalnonrestrictiveunnecessary One reason cancer cells are easier to culture than normal cells extracted from an organism is that ________. Group of answer choices cancer cells grow in a more regulated fashion. cancer cells do not need to adhere to a substratum to grow. nutrient requirements for cancer cells are precisely defined. cancer cells are better models for demonstrating what happens in an intact organism. Joey went for 15 auditions. Out of those 15 auditions, he got called back for 30% of them. Approximately how many did he get called back for? forty-six times y is no more than 276. 45.55 to 1 decimal place