The acid-test ratio takes the sum of cash, short-term investments, and ________ and divides the total by current liabilities. It helps determine immediate short-term debt-paying ability.

Answers

Answer 1

The acid-test ratio takes the sum of cash, short-term investments, and receivables and divides the total by current liabilities. .

Acid test ratio is also known as quick ratio. It is a measure of the capability of a firm to use its short term assets to meet current liabilities. It is an example of an activity ratio.

Acid test ratio = (current asset - inventory) / current liabilities

The higher the  acid-test ratio, the better the ability of a firm to meets its short term liabilities.

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Related Questions

suppose the unemployment rate is very low. how does the low unemployment rate change the relative bargaining power of workers and firms? what do your answers imply about what happens to the wage as the unemployment rate gets very low?

Answers

A low unemployment rate increases the relative bargaining power of workers, potentially leading to higher wages.

When the unemployment rate is very low, it typically indicates a tight labor market where there are fewer job seekers compared to available job openings. In such a scenario, workers have more employment options, and their bargaining power increases relative to firms.

With a lower supply of available workers, firms may find it more challenging to attract and retain skilled employees. Workers, on the other hand, have increased leverage to negotiate better wages, benefits, and working conditions.

They may have the ability to be more selective in choosing job opportunities, demand higher salaries, seek improved job security, and request additional perks.

The relative bargaining power of workers in a low unemployment environment can result in upward pressure on wages. Firms may need to offer competitive compensation packages to attract and retain talented workers, as the competition for labor intensifies.

This can lead to wage increases above inflation rates, as firms strive to secure the workforce they need to meet their production or service demands.

However, it is important to note that the impact of a low unemployment rate on wages may vary depending on other factors, such as industry dynamics, labor market regulations, and overall economic conditions.

Additionally, the relationship between unemployment rates and wages is complex, and there can be other factors at play, such as productivity levels, inflationary pressures, and the bargaining power of specific industries or occupations.

In summary, a low unemployment rate generally strengthens the bargaining power of workers, potentially leading to higher wages as firms compete for talent in a tight labor market.

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The groups directly responsible for the competitive advantages that the firm enjoys are known as.

Answers

SBUs are crucial in ensuring that the firm stays competitive by developing and implementing strategies that create a sustainable competitive advantage.

The groups directly responsible for the competitive advantages that the firm enjoys are known as the strategic business units (SBUs). These units are responsible for a specific product or service line and work towards achieving the objectives of the firm. SBUs are considered independent profit centers that operate under the umbrella of the firm. They are responsible for conducting market research, identifying consumer needs, developing marketing strategies, and ensuring that the firm stays competitive in the market.

The SBUs work towards developing a competitive advantage for the firm by identifying the unique strengths and capabilities of the firm and leveraging them to create value for customers. They also analyze the strengths and weaknesses of the competition and use this information to develop strategies that give the firm a competitive edge.

In summary, SBUs are crucial in ensuring that the firm stays competitive by developing and implementing strategies that create a sustainable competitive advantage.

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Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral

Answers

Answer:

deferral

Explanation:

Adjusting entries are when changes are made to already recorded journal entries.

Categories of adjusting entries :

accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.

Prepaid expenses are payments made for services yet to be delivered.

For example, paying for a year's worth of subscription on your streaming service

Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral

Which of the following is not a benefit associated with the FASB Conceptual Framework Project?
A) A conceptual framework should increase financial statement users' understanding of and confidence in financial reporting.
B) Practical should be more quickly solvable by reference to an existing conceptual framework.
C) A coherent set of accounting standards and rules should result.
D) Business entities will need far less assistance from accountants because the financial reporting process will be quite easy to apply.

Answers

The statement "Business entities will need far less assistance from accountants because the financial reporting process will be quite easy to apply." is not a benefit associated with the FASB Conceptual Framework Project.

Option D is not a benefit associated with the FASB Conceptual Framework Project. The FASB Conceptual Framework Project is a long-term project undertaken by the Financial Accounting Standards Board (FASB) to develop a conceptual framework that establishes the concepts and principles for financial reporting.

The framework is intended to provide a foundation for the development of accounting standards and to guide financial reporting by providing a consistent set of concepts and principles.

Option A, B, and C are benefits associated with the FASB Conceptual Framework Project. A conceptual framework should increase financial statement users' understanding of and confidence in financial reporting by providing a consistent set of concepts and principles that can be applied to financial reporting.

Practical problems should be more quickly solvable by reference to an existing conceptual framework as it provides a coherent set of accounting standards and rules that should result in a more consistent application of financial reporting.

However, option D is not a benefit associated with the FASB Conceptual Framework Project. While the project aims to provide a consistent set of concepts and principles, it does not necessarily mean that the financial reporting process will be quite easy to apply.

Business entities will still need assistance from accountants to apply the framework and prepare financial statements, as the framework is intended to provide a conceptual basis for financial reporting, not a detailed set of rules or procedures. Therefore, option D is the correct answer.

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3. Which is the correct order for making financial decisions? A) put goals in writing, rethink goals if necessary, have a plan of action, set specific goals. B) Be realistic about goals, put goals in writing, implement goals, have specific goals. C) Set up specific goals, put goals in writing , have a plan of action, rethink goals if necessary. D) have a plan of action, set specific goals if necessary

Answers

Answer:

B

Explanation:

Setting up realistic goals is key to saving money. Why would you want to save for a car when you are 12? You would rather save to get a new tablet or toy.

Realistic could also mean achievable why would you set a goal that has a low chance of you reaching such as becoming a millionaire and so on.

A finance question that I need help with.

A finance question that I need help with.

Answers

The more demand the less of supply. The more supply the less demand I think. It can affect your job stability and income by the fact that if there is more demand the more hours you get and if you have a job where you get paid by the hour then you get payed more. It’s vice versa if there is less demand the less hours you get and the less you get payed. I think that’s right and I hope it helps. :)

Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as:.

Answers

Online content that has been created and posted by unpaid contributors such as customers or fans of a product or service is referred to as User-generated content.

User-generated content

UGC for short is content that is created, published or submitted by users of a brand. In numerous cases, it's the most influential content for brands. Usually, contributors are unpaid fans who encourage a brand instead of the brand promoting itself.

Online users are evolved increasingly savvy in knowing which companies are using messy marketing tactics, and which ones are being genuine and evident.

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Vivian conducted market research on her company's products. She found that after the company raised the price of its product by $1.50, the demand in the uptown region remained the same with only minor fluctuations. However, she found that the demand in the downtown region dropped by 20 percent after the price change. How should Vivian take these demands into consideration?

Answers

Answer:

One important factor that Vivian needs to consider is that demand changes as a result of changes in price, however, other factors could affect the demand for goods or services, examples are, changes in the price of related goods, the income of the people, changes in preference etc.

Therefore, based on this fact, Vivian should consider "Price elasticity of demand." Price elasticity of demand can be defined as a measurement used in economics to show the responsiveness or elasticity of the quantity demanded of a good or service to a change in its price when nothing but the price changes.

The sector tends to be the biggest sector in developed economies.

Answers

Answer:

Tertiary economic sector.

Explanation:

In economics, the tertiary economic sector is the one in which, after the extraction of raw materials and the production of goods, said goods or the services associated with said goods are traded in the market. Thus, the tertiary sector mainly encompasses retail marketing and the provision of services, such as banking, tourism or health benefits, among many others. It is, in short, the sector in which the goods produced enter the market, giving them an added value for its usefulness.

Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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10)
How might a mission statement help Donna with her new
business?

Answers

A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.

It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.

Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.

Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.

Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.

A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.

In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.

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Which sales channel incentivizes every member of its network?

Answers

Answer:

Channel incentives are a behavioral modification tool that influence channel partners – such as dealers, contractors, resellers, and vendors – to align their behaviors with overarching business goals. These behaviors could include: Increasing overall sales volume. Increasing sales for high margin products

Explanation:

Answer:

Multilevel marketing

Explanation:

i got it right on test

Which quality of accounting information states that the information is verifiable and is not subject to opinion.

Answers

Reliability!

Hope this helps, Good luck! :)

alex bought a chain of salons and spas. he invested his wealth and time to enhance the salons with full-service bars, child care for employees and guests, and premium furniture. since other salons and spas in the area are not offering these types of amenities, he expects this innovation will result in a profit. alex is a(n)

Answers

Alex is an entrepreneur. He has identified a gap in the market for salons and spas that offer full-service bars, child care, and premium furniture and has taken the initiative to invest his wealth.

It also offers the time to fill that gap by purchasing a chain of salons and spas and enhancing them with these amenities. By doing so, he is positioning himself to be competitive in the market and to potentially generate a profit. Entrepreneurs are individuals who identify opportunities and take the risk to start or invest in a business in order to meet a need or solve a problem. This can involve introducing new products or services, improving existing ones, or finding new ways to reach customers. Alex's actions demonstrate his entrepreneurial mindset and willingness to take risks in order to achieve his business goals.

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why all choices are economic choices?

Answers

Answer:

All choices are economic choices because with every choice we make, we are (sometimes subconsciously) analyzing the costs and benefits of our options. Our choices are guided by self-interest and every choice we make involves some kind of cost, whether it be time or money or something else.

Thus, the total interest earned on the float for six days would be $115,068 ($19178 x 6 days). 1. Would you recommend Ahi complete this transaction?

Answers

Thus, the total interest earned on the float for six days would be $115,068 ($19178 x 6 days). it is essential to assess the legitimacy and legality of the transaction. If the transaction is legal and complies with the relevant regulations and policies, then Ahi may consider proceeding with it.

To determine whether Ahi should complete this transaction, we need to consider the potential benefits and risks involved. The transaction involves earning interest on a float amount of $19,178 over a period of six days, resulting in a total interest earned of $115,068. On the surface, this seems like a lucrative opportunity to earn a significant amount of money in a short period of time. However, it is essential to assess the legitimacy and legality of the transaction. If the transaction is legal and complies with the relevant regulations and policies, then Ahi may consider proceeding with it. Ahi should consult with financial and legal experts to ensure compliance and mitigate any potential risks. It is also important to evaluate the potential risks associated with the transaction. These risks could include fraudulent activities, legal repercussions, or reputational damage. Ahi should thoroughly investigate the transaction, including the source and legitimacy of the funds, to ensure that it does not involve any illicit activities. Ultimately, the decision to proceed with the transaction should be based on a careful assessment of the legality, potential risks, and rewards. Ahi should seek professional advice and conduct due diligence to make an informed decision that aligns with their ethical and legal obligations.

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You have decided that you want to be a millionaire when you retire in 45 years. a. If you can earn an annual return of 11.4 percent, how much do you have to invest today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What if you can earn 5.7 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

The amount I should invest today if I earn an annual return of 11.4% is  $7,765.45.

The amount I should invest today if I earn an annual return of 5.7% is  $82,532.61.

What is the amount I should invest today?

The formula that can be used to determine the amount I should invest today is:

PV = FV / (1 +r)^t

Where:

PV = present value FV = future value = $1,000,000 t = 45 years r = interest rate = 11.4%, 5.7%

$1,000,000 / (1.114)^45 = $7,765.45

$1,000,000 / (1.057)^45 = $82,532.61

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How do I record on windows computer

Answers

Explanation:

Navigate to the screen you wish to record and press Win+G to open Game Bar. Several Game Bar widgets appear on the screen with controls for capturing screenshots, recording video and audio, and broadcasting your screen activity. Click the Start Recording button to capture your screen activity.

Answer:

you'd need to download software for recording. as far as i know windows doesnt have built in recording capabilities. are you looking at screen recording or just sound?

Explanation:

Customer service levels can be improved by better:

A.
mission statements.

B.
control charting.

C.
short-term forecast accuracy.

D.
exponential smoothing.

E.
customer selection.

Answers

Customer service levels can be improved by better C) short-term forecast accuracy.

Short-term forecasting is the practise of making predictions about what will happen soon (we generally think of it as hour-by-hour) and then using that information to develop a strategy to fulfil those demands. Long-term projections are less reliable than short-term ones.

A longer forecasting horizon considerably raises the likelihood that future demand will be impacted by developments we are not now aware of. Any present or recent past conditions that serve as a foundation for or an improvement to the forecast may be included in the short term forecast. The level of detail in the short-term forecast will be determined by the availability of radar, satellite images, and other remote sensing tools.

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M. K. Gallant is president of Kranbrack Corporation, a company whose stock is traded on a national exchange. In a meeting with investment analysts at the beginning of the year, Gallant had predicted that the company's earnings would grow by 20 % this year. Unfortunately, sales have been less than expected for the year, and Gallant concluded within two weeks of the end of the fiscal year that it would be impossible to ultimately report an increase in earnings as large as predicted unless some drastic action was taken. Accordingly, Gallant has ordered that wherever possible, expenditures should be postponed to the new year-including canceling or postponing orders with suppliers, delaying planned maintenance and training, and cutting back on end-of-year advertising and travel. Additionally, Gallant ordered the company's controller to carefully scrutinize all costs that are currently classified as period costs and reclassify as many as possible as product costs. The company is expected to have substantial inventories of work in process and finished goods at the end of the year.
(b) Do you believe Gallant's actions are ethical? Why or why not'?

Answers

Gallant's actions are ethical. This statement can be argued upon because of the below-mentioned reasons.

As the president of a corporation, M.K Gallant will, of course, make any strategic plan available for his company in order to attract investors, customers, and even competitors.

In my opinion, his choices and decisions are ethical enough as to maintain the company's profitability.

Cost-cutting measures, such as deferring and canceling expenditures and orders, delaying maintenance and training, and reducing travel and advertising expenses, are rational if your company's sales are declining and it is expected that it will not meet its revenue targets for the year.

However, this is risky because

advertisements are extremely important in a company's marketing,delaying orders from suppliers can cause problems within the company and its vendors because these are pre-ordered.Maintenance and training are important aspects for a company because they can lead to bigger problems in the future.

Finally, cost reclassification is debatable.

Because stocks are traded in this case, we can expect an audit.

The auditors will examine the reclassifications to see if they implement accounting principles (GAAP). M.K Gallant and his controller must have legitimate reasons for reclassifying the company's costs.

Hence, Gallant's actions are ethical if he has valid reasons for doing so.

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What are two main components of the marketing research process?

Answers

The two main research techniques you can employ to gather your data are primary research and secondary research. Each one compiles data from several sources to provide you a precise picture of your marketing research strategy.

Which two primary categories of market research exist?

There are two different kinds of market research: primary market research and secondary market research. To understand the target market, a company conducts primary market research in which it gathers data directly from the sources, as opposed to secondary market research, in which it relies on already acquired data.

What are a research's five main components?

Introduction, review of the literature, methodology, findings, discussion, and conclusion are the research's component parts.

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Which of the following is an example of marginal cost?
A
the amount of time Cindy gives up studying to mow lawns
B
the amount of time it takes Cindy to mow one additional lawn
с
the amount of time Cindy spends gathering resources to mow lawns
D
the amount of time Cindy spends mowing the lawns of all her clients

Answers

Answer:

B

Explanation:

An example of marginal cost is the amount of time it takes Cindy to mow one additional lawn. Thus, the correct answer is option B.

What is marginal cost?

The marginal cost in economics is the change in total production cost that results from making or producing one additional unit. Divide the change in production costs by the change in quantity to calculate marginal cost. Marginal cost is an economics and managerial accounting concept most used often among manufacturers as a means of isolating an optimum production level.

The goal of marginal cost analysis is to determine when an organization can achieve economies of scale in order to optimize production and overall operations. If the marginal cost of producing one additional unit is less than the per-unit price, the producer may profit.

Therefore, the amount of time it takes Cindy to mow one additional lawn is the marginal cost.

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jasper makes a $92,000, 90-day, 7ash loan to clayborn company. jasper's entry to record the transaction should be:

Answers

Jasper's entry to record the transaction should be as follows:
Debit: Cash (or Loans Receivable) - $92,000
Credit: Notes Receivable - $92,000

This entry reflects the fact that Jasper has lent $92,000 to Clayborn Company for a period of 90 days, with an interest rate of 7% per annum. By debiting cash (or loans receivable) account, Jasper is recording the inflow of funds from the loan. By crediting the notes receivable account, Jasper is recording the amount owed to him by Clayborn Company, which will be repaid after 90 days along with interest.

It's important to note that if the loan is not repaid on time, Jasper will need to make an adjustment to his records to reflect the unpaid amount and interest. Also, if Jasper intends to sell the note to another party, he will need to make an additional entry to record the sale.

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Amy-Jo works for herself selling weight-loss products door to door. This is

A. not typical, because most door-to-door salespeople work for companies.
B. not typical, because products are rarely sold door to door.
C. typical, because most door-to-door salespeople are self-employed.
D. typical, because most weight-loss products are sold door to door

Answers

Answer:

C. typical, because most door-to-door salespeople are self-employed.

Explanation:

Army-Jo can be classified as a small scale retailer. It is normal for entrepreneurs with businesses with the same classification to conduct door-to-door by themselves.

A majority of salespersons who do-to door sales are self-employed. As a business doing do-to-door selling is much profitable because of reasons such as

Selling door to door eliminates the need for a store, which is expensive to establish.Hiring a good salesperson is expensive due to the wages involved.Door-to-door is less costly. Only time expense is incurred.

Answer:

its D

Explanation:

:P

Write one paragraph to answer each of the following questions. Do not write the questions. Rephrase the questions as introduction sentences for your paragraphs. Submit the four paragraphs as a single document. 1. Do you agree or disagree with Friedman's assessment that the world is flat? justify you answer 2. What are the potential injpacts of a flat world for a student performing a job search? 3. What can students do to prepare themselves for competing in a flat world? 4. Identify a current flattener not mentioned on Friedman's list

Answers

Friedman's assessment that the world is flat can be seen from different perspectives, and my stance leans towards a partial agreement with his viewpoint.

While technological advancements, global connectivity, and the rise of outsourcing have indeed flattened the world in terms of information flow and economic interdependence, it is important to acknowledge that certain geographical, cultural, and socio-political barriers still exist. The world's flatness is not absolute but rather relative to the level of access and opportunities individuals and nations have. Therefore, it is crucial to consider both the interconnectedness and the persisting disparities that shape our global landscape.

In a flat world, a student performing a job search may encounter both benefits and challenges. On the positive side, the availability of information and networking platforms can broaden their reach, allowing them to explore job opportunities across borders.

They can tap into international talent pools and collaborate remotely, transcending physical boundaries. However, the competition becomes fiercer as students are now competing not only with local peers but also with global talent. Additionally, job markets can become more volatile and subject to outsourcing, automation, and shifting economic trends. Therefore, students need to adapt their job search strategies, emphasize their unique skills and attributes, and be agile in acquiring new competencies to stay relevant in the changing landscape.To prepare themselves for competing in a flat world, students can take several proactive steps. Firstly, they should focus on developing a diverse skill set that combines technical expertise with cross-cultural competency, adaptability, and problem-solving abilities. Embracing lifelong learning and staying abreast of technological advancements is crucial. Students should also actively seek out international experiences, whether through studying abroad, participating in cultural exchange programs, or engaging with global communities online.

While Friedman's list of flatteners provides a comprehensive framework, there are ongoing developments that contribute to the world's flatness. One such flattener is the rise of blockchain technology.

Blockchain has the potential to revolutionize various industries by providing secure and transparent transactions without the need for intermediaries.

Its decentralized nature allows for global collaborations and removes geographical barriers in financial systems, supply chains, and even identity verification. The impact of blockchain on global business and trade is still unfolding, but its potential to reshape the world's economic landscape cannot be ignored, making it a noteworthy addition to the list of flatteners.

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Chenglei, an IT manager, has been studying the actions that his workers perform in an attempt to improve their productivity. Chenglei is utilizingA) job evaluationB) management science.C) behaviorism.D) the Hawthorne effect.E) scientific management

Answers

Answer: scientific management

Explanation:

an investor deposits $100.00 and earns $6.00 of interest in the first year and $6.36 of interest in the second year. this means the investment is earning 6%

Answers

an investor deposits $100.00 and earns $6.00 of interest in the first year and $6.36 of interest in the second year. This means the investment is earning compound interest.

What is compound interest?

Compound interest may be thought of as "interest on interest" since it is computed on both the principal and the total accrued interest from prior periods.

Investors gain from compound interest, although the definition of an investor might vary widely. When banks lend money and reinvest the income they earn into making more loans, for instance, they profit from compound interest. When depositors get interested in their bank accounts, bonds, or other assets, compound interest also benefits them.

It's crucial to remember that while the term "compound interest" contains the word "interest," the idea extends beyond contexts where the word is frequently employed, such as bank accounts and loans.

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The complete question is as follows:

An investor deposits $100.00 and earns $6.00 of interest in the first year and $6.36 of interest in the second year. This means the investment is earning _____ interest.

A machine with a cost of $65,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. What is the amount of depreciation for the second full year, using the double declining-balance method?.

Answers

The  amount of depreciation for the second year, using the double declining-balance method is $16,250.

How do you calculate the amount of depreciation?

The calculation is as follows:

Depreciation rate = 1 ÷ 4 × 2 = 0.50

Now the first year depreciation is

= $65,000 × 0.50

= $32,500

Now the second year depreciation is

= ($65,000 - $32,500) × 0.50

= $16,250

What do you mean by depreciation?

Depreciation is an accounting technique for spreading out the expense of a tangible item over the course of its useful life. How much of an asset's value has been used is shown through depreciation. It enables businesses to purchase assets over a predetermined length of time and generate income from those assets.

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boi, why am i alive.-

Answers

Ahah relatable but anyways u good?

Answer: so you can grow older

Explanation:

If the u. S. Dollar appreciates and prices remain the same at home and abroad, foreign goods become ________ expensive relative to american goods, pushing the u. S. Trade balance toward ________.

Answers

If the u. S. Dollar appreciates and prices remain the same at home and abroad, foreign goods become less expensive relative to American goods, pushing the U. S. Trade balance toward a deficit.

What does it mean when a currency appreciates?

A currency appreciates when the value of the currency increases. For example if $1 is equivalent to 1000 rubles. If the US dollar appreciates, it can buy more rubles. For example 1200 rubles.

When a currency appreciates, it purchasing power increases. Thus, import would increase and export would reduce. This would lead to a negative trade balance.

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