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VikaD [51]
2 years ago
5

At the beginning of 2009, Glass Manufacturing purchased a new machine for its assembly line at a cost of $600,000. The machine h

as an estimated useful life of 10 years and estimated residual value of $50,000. Under the straight-line method, how much depreciation would Glass take in 2010 for financial reporting purposes? A. $55,000. B. $60,000. C. $65,000. D. $110,000.
Business
1 answer:
nikdorinn [45]2 years ago
8 0

Answer:

A. $55,000.

Explanation:

The cost of the new machine in 2009 is $600,000

The residual value was $50,000

Useful life is ten years

Under the straight-line depreciation method, the depreciation amount in 2020  will be

The depreciable amount the machine cost - residual value

= $600,000 - $50,000

= $550,000

The depreciation rate will be 1/10 year x 100 = 10%

depreciation per year will be 10% x 555,000

=10/100 x 550,000

=$55,000

Depreciation 2010, the second year will $55,000 since the depreciation amount is a constant figure under the straight-line method.

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Jupiter Satellite Corporation earned $29 million for the fiscal year ending yesterday. The firm also paid out 30 percent of its
Arturiano [62]

Answer:

11.13%

Explanation:

Calculation to determine the required rate of return on the stock

Using this formula

Required rate of return=Last EPS*Payout*(1+RoE*(1-payout rate))/Current Price+RoE*(1-payout rate)

Let plug in the formula

Required rate of return=29/2.6*30%*(1+11%*(1-30%))/105+11%*(1-30%)

Required rate of return=11.13%

Therefore the required rate of return on the stock will be 11.13%

7 0
2 years ago
15. Most vegetables substantially diminish in quality in as little as _______ days.
Serjik [45]

the answer would be 14 days

Most vegetables substantially diminish in quality in as little as 14 days.

7 0
2 years ago
How has globalization contributed to the need for diversity awareness in our organizations?
amid [387]

Answer and explanation:

Globalization has lowered barriers among countries. From a computer, people in remote parts of the world can access to information about attracting countries that offer job positions matching their skills. Some of them are qualified employees that contribute to foreign entities to improve thanks to their diverse experience. Of course, firms have noticed this fact and are more conscious nowadays that overseas employees can play a key role in achieving their objectives. That is the reason why they have started to open up positions especially for qualified immigrants.

3 0
2 years ago
The bargaining power of consumers can be the most important force affecting competitive advantage. Consumers gain increasing bar
viva [34]

Answer:

C. If consumers are informed about​ products, prices, and costs across countries

D. If consumers are particularly important to the seller

YES. As having a complete information will allow for arbitrage between areas and if they are a big fish of the seller business the seller will be less likely to roll-over the consumer in negociation.

Explanation:

A. If switching to competing brands or substitutes is expensive

NO. If switching is expenses then, the exit-barrier is higer thus, less bargaining power as we are less likely to leave

E. If consumer demand is rising

NO. Is demand rises then the supplier will have bargain power as it has where to sale the product if we leave

3 0
2 years ago
Emily jones, a junior design artist with a studio called eye for design, was known to be very good at her job. she had a lot of
Thepotemich [5.8K]

Answer:

Lack of growth

Explanation:

Emily jones, a junior design artist with a studio called eye for design, was known to be very good at her job. she had a lot of experience from working on numerous projects and she often mentored new employees successfully. she was paid well and her colleagues and peers, some of whom emily knew for four years, appreciated her helpful and lively nature. it came as a surprise to everyone when emily resigned after the recent round of annual appraisals. during her exit interview, emily said that the only reason that she was taking this move was because she had a strong feeling that she was stagnant in her career. her reason for leaving is the lack of growth in her job in this company.

A strong feeling of being stagnant is normally a sign that the growth process has been truncated., because Emily didnt seem to be learning anything new

3 0
2 years ago
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