The depreciation expense for 2030 using straight-line method is $38,000. The cost of the asset is $215,000 with an estimated 5-year life and $25,000 salvage value.
The question is asking to calculate the depreciation expense for 2030 using the straight-line method of depreciation, given the cost of the asset, its salvage value, and estimated useful life. Straight-line depreciation is a method of allocating the cost of an asset over its useful life in equal amounts each period. To calculate the depreciation expense using this method, we need to subtract the salvage value from the cost of the asset, and then divide the result by the estimated useful life. In this case, the calculation would be: ($215,000 - $25,000) / 5 = $38,000. Therefore, the depreciation expense for 2030 using the straight-line method of depreciation is $38,000.
Learn more about depreciation here:
https://brainly.com/question/17827672
#SPJ11
Premiums paid that exceed 7 1/2% of an insured's Adjusted Gross Income (AGI) are tax-deductible when paid for which of the following plans? Accidental Death and Dismemberment Personal Disability Income plan Qualified Long-Term Care plan Group disability income plan
Tax deductions are available for premiums paid that are more than 7 1/2% of the insured's adjusted gross income (AGI). Plan for Qualified Long-Term Care. Thus Option(C) is correct.
What is income?Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is mainly shown in the medium of exchange terms. Income is difficult to define conceptually, and the explanation may be different across pieces of ground For example, a person's income in an economic sense may be different from their income as defined by law.
A person's adjusted gross income is their entire taxable income in the United States less certain deductions. It is used to determine taxable income, which is determined by subtracting itemized deductions and personal exemptions from AGI. most people's individual taxes,
Therefore, Option(C) is correct.
Learn more about income here:
https://brainly.com/question/14732695
#SPJ1
Question 6 of 10
A human resource staff member was asked to create a job description.
Which of the following steps should be included in the process?
A. Evaluate the employee in the job
B. Interview customers served by the employee in the job
C. Conduct a job analysis
D. Suggest changes to the management structure
For this human resource staff member who was asked to create a job description, the step that should be included in the process is: B. Interview customers served by the employee in the job.
What is Human resources management?Human resources management (HRM) can be defined as an art that involves effectively and efficiently managing, controlling and improving the functions, number of employees or workers, activities that are being used by an organization.
This ultimately implies that, human resources managers are saddled with the responsibility of recruiting, managing, creating job description, and improving the welfare and working conditions of the employees working in an organization because they are the most important asset of any organization.
In this context, we can reasonably infer and logically deduce that interviewing customers that are served by the employee in the job is a step that should be included in the process of creating a job description.
Read more on human resource here: https://brainly.com/question/10583893
#SPJ1
Answer: C conduct a job analysis
Explanation:
it is
The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
Read more about APR interest rates
https://brainly.com/question/14270693
#SPJ1
In which year did gross national product first exceed $11 trillion?
a. 2002
b. 2003
c. 2004
d. 2005
Answer:
2003
Explanation:
Just took Quiz this was correct
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
iron manufacturers made two announcements concerning its common stock today. first, the company announced that the next annual dividend will be $2.10 a share. secondly, all dividends after that will increase by 2.5 percent annually. what is the maximum amount you should pay to purchase a share of this stock today if you require a 10 percent rate of return?
Answer : The maximum amount you should pay to purchase a share of this stock today if you require a 10 percent rate of return is $28.00.
To determine the maximum amount you should pay to purchase a share of this stock today if you require a 10 percent rate of return, the first step is to find the current price of the stock. This can be found using the dividend discount model, which calculates the intrinsic value of a stock based on its future dividend payments. The formula for this is:
Price = D / (r - g)
Where: D = the next annual dividend ($2.10), r = the required rate of return (10%) and g = the growth rate of dividends (2.5%)
Plugging in the values given in the problem, we get:
Price = 2.10 / (0.10 - 0.025)
Price = 2.10 / 0.075
Price = $28.00
Therefore, the maximum amount you should pay to purchase a share of this stock today if you require a 10 percent rate of return is $28.00. This is because the current price of the stock is equal to its intrinsic value, based on the expected future dividend payments. If the stock is currently trading at a higher price, it is overvalued and should be avoided. If it is trading at a lower price, it may be undervalued and could be a good investment opportunity.
Know more about dividend here:
https://brainly.com/question/29510262
#SPJ11
7. Choose if the product is a Good, a Service, or Both.
buying a bicycle
getting a back massage
getting the plumbing fixed in your house
use of a smartphone app
buying a new AC unit for your house
buying a hamburger
getting your taxes completed by a tax firm
Answer:
1 buying a bicycle it's a good
2 getting a back message it's a service
3 getting the plumbing fixed in your house it's a service
4 use of a smartphone app it's a service
5 buying a new Ac unit for your house it's a service
6 buying a hamburger it's a good
7 getting your taxes completed by a tax firm it's both
The following selected transactions were completed by Capers Company during October of the current year: Oct. 1 Purchased merchandise from UK Imports Co., $14,448, terms FOB destination, n/30. 3 Purchased merchandise from Hoagie Co., $9,950, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $220 was added to the invoice. 4 Purchased merchandise from Taco Co., $13,650, terms FOB destination, 2/10, n/30. 6 Issued debit memo to Taco Co. for $4,550 of merchandise returned from purchase on October 4. 13 Paid Hoagie Co. for invoice of October 3. 14 Paid Taco Co. for invoice of October 4, less debit memo of October 6. 19 Purchased merchandise from Veggie Co., $27,300, terms FOB shipping point, n/eom. 19 Paid freight of $400 on October 19 purchase from Veggie Co. 20 Purchased merchandise from Caesar Salad Co., $22,000, terms FOB destination, 1/10, n/30. 30 Paid Caesar Salad Co. for invoice of October 20. 31 Paid UK Imports Co. for invoice of October 1. 31 Paid Veggie Co. for invoice of October 19. The following selected transactions were completed by Capers Company during October of the current year: Oct. 1 Purchased merchandise from UK Imports Co., $14,448, terms FOB destination, n/30. 3 Purchased merchandise from Hoagie Co., $9,950, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $220 was added to the invoice. 4 Purchased merchandise from Taco Co., $13,650, terms FOB destination, 2/10, n/30.
Answer:
Oct. 1 Purchased merchandise from UK Imports Co., $14,448, terms FOB destination, n/30.
Dr Merchandise inventory 14,448
Cr Accounts payable 14,448
3 Purchased merchandise from Hoagie Co., $9,950, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $220 was added to the invoice.
Dr Merchandise inventory 10,170
Cr Accounts payable 10,170
4 Purchased merchandise from Taco Co., $13,650, terms FOB destination, 2/10, n/30.
Dr Merchandise inventory 13,650
Cr Accounts payable 13,650
6 Issued debit memo to Taco Co. for $4,550 of merchandise returned from purchase on October 4.
Dr Accounts payable 4,550
Cr Merchandise inventory 4,550
13 Paid Hoagie Co. for invoice of October 3.
Dr Accounts payable 10,170
Cr Cash 9,971
Cr Purchase discounts 199
14 Paid Taco Co. for invoice of October 4, less debit memo of October 6.
Dr Accounts payable 9,100
Cr Cash 8,918
Cr Purchase discounts 182
19 Purchased merchandise from Veggie Co., $27,300, terms FOB shipping point, n/eom.
Dr Merchandise inventory 27,300
Cr Accounts payable 27,300
19 Paid freight of $400 on October 19 purchase from Veggie Co.
Dr Merchandise inventory 400
Cr Cash 400
20 Purchased merchandise from Caesar Salad Co., $22,000, terms FOB destination, 1/10, n/30.
Dr Merchandise inventory 22,000
Cr Accounts payable 22,000
30 Paid Caesar Salad Co. for invoice of October 20.
Dr Accounts payable 22,000
Cr Cash 21,780
Cr Purchase discounts 220
31 Paid UK Imports Co. for invoice of October 1.
Dr Accounts payable 14,448
Cr Cash 14,448
31 Paid Veggie Co. for invoice of October 19.
Dr Accounts payable 27,300
Cr Cash 27,300
Dawn walks into a customer's office with her sales presentation planned and immediately recognizes that the customer is upset about something. In this situation, Dawn should Dawn walks into a customer's office with her sales presentation planned and immediately recognizes that the customer is upset about something. In this situation, Dawn should:
a. maintain a happy and cheerful demeanor.
b. sit down immediately and begin the presentation.
c. All of the answers are correct.
d. say something funny in an attempt to lighten the customer's mood.
e. ask if she should come back some other time for the meeting.
A plan that formalizes the overall goals and objectives of a company in financial terms is called a?
A plan that formalizes the overall goals and objectives of a company in financial terms is called a master budget.
What is a budget?This refers to the proposed revenue to be earned and expenses to be incurred by an organization in the coming year. The goals of a budget is to have an overview of expected cost or to even attain certain goals.
A company may budget it's expenses for an entire year and after the budget period look back towards seeing how well they performed as regards keeping to their budget hence helps in Performance monitoring.
Budgets can be categorized into:
Personal BudgetCorporate BudgetGovernment Budget Master BudgetOperating BudgetIt is important to note that budget allows one to oversee and better understand whether a business or company has enough revenue to cover its expenses.
Learn more about budgets here: https://brainly.com/question/17198039
#SPJ1
How is a 401k different from an individual retirement account (IRA)?
A 401k is a good long-term investment strategy.
A 401k allows people to contribute before taxes.
A 401k is created by an individual who deposits money.
A 401k is created by an employer who may match contributions.
Which is a characteristic of judging approach
Answer:
Clarity and Closure
Explanation
Judgers take a planned, ordered, and precisely calibrated approach to life, developing both short- and long-term plans to assist them in achieving their objectives. For them, schedules and "to-do" lists are consoling. They dislike uncertainty and change, preferring to know what they are getting into instead.
Those that have this preference feel more in control of their surroundings. They are disciplined and resolute, seeking resolution as soon as possible to reduce stress. Judgers struggle with open-ended plans because they have a "work first-play later" mentality. Instead of addressing issues as they arise, they would prefer to devise three distinct backup plans.
Judgers take their obligations and deadlines very seriously, both in business and in life. They are quite particular.
Employers can try to overcome the moral-hazard problem involving their employees by.
Employers can be able to try and overcome the moral-hazard problem involving their employees by d. better monitoring their employees' work efforts.
What is moral hazard?Moral Hazard refers to the notion that a person is less likely to work for the benefit of something if they know that they are protected in case the thing does not work out. In other words, when people are protected from consequences, there is less incentive for them to actually work in such a way as to prevent something from going wrong.
In terms of employment, employees on stable salaries may not always work for the benefit of the company. They might not work as hard as they are meant to, and might only put in ineffective work, knowing that they will still get paid. If a company wants to overcome this moral hazard problem with employees, they should monitor the work of their employees better, to see if they are doing what they should be doing.
Options for this question include:
a. requiring their employees to take a pre-employment work effort test.b.paying their employees below-equilibrium wages since the employees will likely shirk some of their responsibilities.c. paying their employees more often.d. better monitoring their employees' work efforts.Find out more on moral hazard at https://brainly.com/question/14594907
#SPJ1
needs refer to a person's relationship with other people
Answer:
Sure what do you need :)
Explanation:
What is the W-4 form used for?
filing taxes with the federal government
determining the amount of money an employee has paid out in taxes
calculating how much tax should be withheld from a person's paycheck
calculating how much income was paid in the previous year
Answer:
C. calculating how much tax should be withheld from a person's paycheck
Explanation:
In order to ensure that, all employees pay taxes on the income earned throughout the year, the internal revenue service (IRS) has made it compulsory and mandatory for all employers to make available a W-4 Form to all their employees, so as to enable these employees fill out how much income tax is to be withheld from their respective paycheck in relation to their filing status.
Hence, a W-4 form is used for calculating how much tax should be withheld from a person's paycheck and submitted to the internal revenue service (IRS).
Additionally, any employee who defaults in the payment of his or her income tax would be faced with stiff penalties such as failure-to-file, paying a fine etc.
Answer:
its c
Explanation:
just took the unit test on edge
you want to buy a new sports car from muscle motors for $43,000. the contract is in the form of a 60-month annuity due at a 6.25 percent apr. required: what will your monthly payment be? (do not include the dollar sign ($). enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. round your answer to 2 decimal places (e.g., 32.16).)
The monthly payment for the 60-month annuity due at a 6.25 percent APR is $834.46 (rounded to the nearest whole dollar).
To calculate the monthly payment, we can use the formula:
P = A / ((1 - (1 + r)^(-n)) / r)
where P is the monthly payment, A is the total amount to be financed (in this case, $43,000), r is the monthly interest rate (which is the annual rate divided by 12), and n is the number of payments (which is 60 since it's a 60-month annuity).
Plugging in the values, we get:
P = 43,000 / ((1 - (1 + 0.0625/12)^(-60)) / (0.0625/12))
Solving for P, we get $834.46 as the monthly payment.
For more questions like Annuity click the link below:
https://brainly.com/question/23554766
#SPJ11
which of the following methods do economists use to study income differences across countries? check all that apply. the purchasing power parity method, used to compare incomes across countries the bundle of goods method, used to compare types of affordable goods across countries an environmental performance index the gdp deflator method, used to compare incomes across countries
Following methods economists use to study income differences across countries :
The purchasing power parity method, used to compare incomes across countries
Exchange rate conversion, used to express incomes in the common currency
A common metric used by macroeconomic analysts to compare the currencies of various nations using a "basket of goods" approach is purchasing power parity (PPP). Economists can compare economic productivity and living standards across nations thanks to purchasing power parity (PPP). In order to account for PPP, some nations modify their GDP estimates.
The rate at which one currency can be exchanged for another is known as the exchange rate between two currencies. In other words, the exchange rate is the cost of one currency relative to another.
To learn more about economists here:
https://brainly.com/question/14299791
#SPJ4
10. Your country takes in $350 million each year in tax money but chooses
spend $150 million on various services it provides. What type of stance does your country take on fiscal policy?
expansionary stance
contractionary stance
economic stance
neutral stance
The country takes expansionary stance on fiscal policy. Option A.
My country takes in $350 million each year in tax money but chooses to spend $150 million on various services it provides.
This suggests that my country has an expansionary fiscal policy. Expansionary policies involve governments increasing their spending and decreasing taxes to stimulate economic growth.
This type of policy encourages investment and consumption, which leads to an increase in economic output and employment.
The increased spending can also help to reduce inequality, as it can help those on lower incomes. Expansionary fiscal policy is beneficial in times of economic difficulty, as it can help to provide a much-needed boost to the economy.
To learn more about policy , click here:
https://brainly.com/question/28024313
#SPJ4
If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
Become familiar with
Insurance
Visit
https://brainly.com/question/989103
In a group of five people, two report annual incomes of $25,000 and the other three report incomes of $34,000, $46,000, and $105,000, respectively. The mode of this group's distribution of incomes is _____
In a group of five people, two report annual incomes of $25,000, and the other three report incomes of $34,000, $46,000, and $105,000, respectively. The mode of this group's distribution of income is $25,000.
In $25000, $25000,$34000,$46000,$105,000 ; $25000 comes most of the time, so $25000 is the mode.
A set of data values' mode is the value that appears the most frequently. The value of X at which the probability mass function reaches its highest value is known as the mode if X is a discrete random variable. In other words, it is the value that will be sampled most frequently.
When analyzing categorical data where a mathematical average median value based on order cannot be computed, the mode is most helpful as a gauge of central tendency.
The mode calculation is a rather simple process. Organize the numbers in a set in whatever order—from lowest to highest or highest to lowest—and then tally the frequency with which each number appears in the group. The mode is the one that shows up most frequently.
In the question, the annual income of $25,000 comes the most which is 2 times so the mode is $25,000.
Learn more about Mode here:
https://brainly.com/question/6813742
#SPJ4
MOTIVATION TIME
Success doesn’t just find you. You have to go out and get it.
Answer:
thnak u that made my day
Explanation:
What does the stock market drive companies to do?
Answer:
It drives companies to push themselves to increase their market value, and make sure all the companies news is relevant and important.
Explanation:
The stock market is an online exchange where prices are put together and people make different trades. The stock market drives them to increase their earnings and ultimately the price per share of their stock.
What is the commonly used name for smartphone applications that individuals can use make financial transactions, and can be used to store insurance and loyalty cards, id cards, and other personal information required to make purchases on online websites?.
What is the commonly used name for smartphone applications that individuals can use make financial transactions and can be used to store insurance and loyalty cards, id cards, and other personal information required to make purchases on online websites mobile wallet.
Mobile wallets are secure apps for storing monetary gadgets and different files along with credit score cards, financial institution information, or even driver's licenses. Many smartphones come loaded with cell wallets and transactions. Mobile wallets use near-subject conversation technology, which calls for customers to be gift whilst buying something.
Learn more about purchases here:
https://brainly.com/question/26833491
#SPJ4
Country b has a gdp of $1 trillion and a gdp per capita of $27,000. its economy is a mix of manufacturing, high tech, services, aviation, agriculture, and mining. it has laws favorable to entrepreneurship and private sector growth. it has multinational corporations that have recently begun outsourcing jobs overseas, resulting in a rise in unemployment. look for factors that will help you determine what type of economy exists in country b. which type of economy does country b have? developed developing transitioning communist
Based on the descriptions of the economy, the type of economy that country b has is a developed economy.
What is a developed economy?A developed economy is an economy characterised by high GDP, high rate of GDP per capita, high level of technological advancement and favorable laws that encourages the development of businesses.
Examples of developed economies are United States, Switzerland.
To learn more about developed economies, please check: https://brainly.com/question/19496739
#SPJ4
what is keyboarding?
Answer:Keyboarding is the activity of typing information into a computer. Collins COBUILD Advanced Learner's Dictionary.
Explanation:
Step 2
The risk assessment has been carried out and fortunately has not uncovered any major
problems. Now the owner wants your help in choosing the right kind of insurance for his
business. Help him by writing a guide on what to consider when making this decision so that
he chooses the right kind of insurance. Be sure to mention important factors such as the
influence of the business's location, the number of employees, and the industry they are in.
A risk assessment is considered to be a process in order to identify potential hazards and analyze what could happen if an hazard tend to occur.
The aim of the risk assessment process is in order to evaluate the hazards, and then remove those hazard or minimize the level of its risk thus by adding control measures. Thus, through this one creates a safer and healthier workplace.
The hazard identification and the risk assessment helps one in recognizing and controlling the hazards in the workplace. Thus, one should create awareness regarding this to their employees and use it as a training tool.
Hence, risk management standards are set based on acceptable safe practices.
The given question is incomplete, the complete question is-
The risk assessment has been carried out and fortunately has not uncovered any major problems. Now the owner wants your help in choosing the right kind of insurance for his business. Help him by writing a guide on what to consider when making this decision so that he chooses the right kind of insurance.
Be sure to mention important factors such as the influence of the business's location, the number of employees, and the industry they are in their workplace.
To learn more about the risk assessment here:
https://brainly.com/question/14804333
#SPJ1
Help me and I will give you 30 Brainliest if your answer is correct.
"Jamie is not sure exactly what career to pursue but when she learned about the Human Services cluster, something spoke to her. Which types of career pathways are available to Jamie? Pick a career from each path and explain what it involves and where she might work if she had that job."
One of the careers from the Human Services Cluster that Jamie can consider looking at is Career Counselling.
What are Human Services Clusters?Human needs are met via activities such as counseling and mental health programs, family and neighborhood services, personal care, and consumer services in the Human Services profession cluster.
Given that Jamie herself struggled with making this choice, she should find a purpose in Career Counselling. The career pathway to becoming a career counselor is given as follows:
Learn more about careers:
https://brainly.com/question/6947486
#SPJ1
Sue wants to work as a chemical engineer for either a large corporation or the government. What would you advise her to
do while she is earning her bachelor's degree to gain some real-world experience in the field of chemical engineering while still earning
college credits ?
a) Apply for a cooperative education experience, through her university, at a company or an agency that will provide her real work
experience in her field of study
b) Study hard and wait until she earns her degree to get experience
c) Take a job on campus working in the office typing papers for engineering professors
d) Take a part-time job working nights at a pharmacy
Answer:
A
Explanation: The most common reason tbh.
Answer: A
And just trust
A person’s cash outflow includes
A) liquid assets a person has accumulated.
B) money spent by a company to pay a person’s salary.
C) payments by a person to a retirement account.
D) the difference between the asking price of two houses for sale in the same neighborhood.
Answer:
B. money spent by a company to pay a person's salary