Tidy Limited purchased a new van on January 1, 2018. The van cost $36,000. It has an estimated life of six years and the estimated residual value is $3,600. Tidy uses the double-declining-balance method to compute depreciation. What is the adjusted balance in the Accumulated Depreciation account at the end of 2019

Answer:

$18,002.88

Explanation:

Depreciation Expense = 2 × SLDP × BVSLDP

Where,

SLDP = 100 ÷ Number of useful life

Therefore,

SLDP =  100 ÷ 6

         = 16.67 %

2018

Depreciation Expense = 2 × 16.67 % × ($36,000 - $3,600)

                                      = $10,802.16

2019

Depreciation Expense = 2 × 16.67 % × ($36,000 - $3,600 - $10,802.16)

                                      = $7,200.72

Accumulated Depreciation at the end of 2019 :

Accumulated Depreciation = $10,802.16 +  $7,200.72

                                             = $18,002.88

Identify five areas of concern where business standards apply

in a market segment approach, which statement below dose not apply​

Which of the following would be part of a financial managers investment decision?

a.
Raising money using equity finance.

b.
Spending money on Capital Expenditure.

c.
Spending money on revenue expenditure.

d.
Borrowing Funds.​

A firm has an Inventory turnover (IT) of 5 times a year on a cost of goods sold (COGS) of $800,000. If the firm improves the inventory turnover to 8 times a year while the COGS remains the same, which of the following statements is true?

a $100,000 is additionally invested in purchasing stock.

b. $160,000 is released into the working capital.

C. $60,000 is additionally invested into purchasing stock

d. $60,000 is released into the working​

The company wants to end each month with ending finished goods inventory equal to 25% of the next month's sales. Finished goods inventory on June 30 is 1,050 units. The budgeted production units for July are:

Will mark brainly
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A.
sales promotion
B.
direct marketing
C.
personal selling
D.
advertising
E.
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You are the HR manager for a fifty-person firm that specializes in the development and marketing of plastics technologies. When you were hired, you felt the company had little idea what you should be paid and just made up a number, which you were able to negotiate to a slightly higher salary. While you have been on the job for three months, you have noticed a few concerning things in the area of multiculturalism, besides the way your salary was offered. The following are some of those items:

1.You know that some of the sales team, including the sales manager, get together once a month to have drinks at a strip club.

2. A Hispanic worker left the organization, and in his exit interview, he complained of not seeing a path toward promotion.

3.The only room available for breast-feeding mothers is the women’s restroom.

4.The organization has a policy of offering $200 to any employee who refers a friend, as long as the friend is hired and stays at least six months.

5.The manufacturing floor has an English-only policy.

6.You have heard managers refer to those wearing turbans in a derogatory way.

Questions

1. What do you think needs to be done to create a more inclusive environment, without losing the culture of the company?

2?What suggestions would you make to those involved in each of the situations?

Do you know the answer?

You are considering borrowing $10,000 for 3 years at an annual interest rate of 6%. The loan agreement calls for 3 equal payments, to be paid at the end of each of the next 3 years. (Payments include both principal and Interest.) The annual payment that will fully pay off the loan is?

a. $2,890.

b. $4,020.

c. $2,674.

d. $3,741.​

Which diagram arranges the types of business organizations from the most complicated to start to the least complicated to start?

Computer equipment was acquired at the beginning of the year at a cost of $70,700 that has an estimated residual value of $4,200 and an estimated useful life of 5 years. a. Determine the depreciable cost. $fill in the blank 1 b. Determine the straight-line rate. fill in the blank 2 % c. Determine the annual straight-line depreciation. $fill in the blank 3

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Why are craftsman likely to produce fewer goods than modern manufacturers produce?
They do less intensive labor than manufacturing.
They are not organized into uniorhs
They are considered unskilled laborers.
They do more intensive labor than manufacturing
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