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weqwewe [10]
2 years ago
3

Harper Company acquired a $150,000 machine on January 1, 2018. The machine is estimated to have a useful life of 5 years, and a

residual value of $25,000. For units-of-production depreciation purposes, the machine is expected to produce 500,000 units. If Harper Company uses units-of-production depreciation, and the company produces 50,000 units in 2019, what is depreciation expense for 2019
Business
1 answer:
Juli2301 [7.4K]2 years ago
5 0

Answer:

$12,500

Explanation:

Given that,

Cost of machine = $150,000

Useful life = 5 years

Residual value = $25,000

Depreciation expense per unit:

= (Cost of machine - Residual value) ÷ Number of units produced

= ($150,000 - $25,000) ÷ 500,000

= $125,000 ÷ 500,000

= $0.25

Depreciation expense for 2019:

= Number of units produces × Depreciation expense per unit

= 50,000 × $0.25

= $12,500

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Answer:

<u>No</u>

Explanation:

<em>Remember, </em>in business law, as long as both parties did not sign a contractual document, the purchase is not legal.

In this case, it could be observed that Ganze only "mailed an acceptance" not a signed document between both parties agreeing on the purchase of her antique car.

Also, the fact that she quickly sent a telegram letting  Archer know that she is rejecting the offer, shows that she acted in good fate to withdraw her acceptance on time.

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2 years ago
A bond with a face value of $1,000 has 10 years until maturity, carries a coupon rate of 8.6%, and sells for $1,140. Interest is
nordsb [41]

Answer:

Price of bond=948.8583731

Explanation:

<em>The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV). </em>

Value of Bond = PV of interest + PV of RV

Semi-annual interest = 8.6% × 1,000 × 1/2 =43

Semi-annual yield = 9.4%/2=4.7 %

<em>PV of interest payment</em>

PV = A  (1- (1+r)^(-n))/r

A- 43, r-0.047, n- 20

= 43× (1-(1.047)^(-10)/0.047)

= 549.7724893

<em>PV of redemption Value</em>

PV = F × (1+r)^(-n)

F-1000, r-0.047, n- 20

PV = 1,000 ×   1.047^(-20)

PV = 399.0858837

Price of Bond

549.772 + 399.085

=948.8583731

4 0
2 years ago
Fran is the project manager in her organization. She reports to a PMO (project management office) that takes control of the proj
WINSTONCH [101]

Answer:

Directive PMO

Explanation:

A project management office(PMO) refers to creation of groups and departments within an organization so as to define standards and to ensure those standards are met.

In a directive form of project management office, it completely takes over projects and allots resources, and assigns project managers to projects.

In such a form of Project management office, the project managers are supposed to report to such directive offices.

In the given case, since Fran reports to such a PMO form which assumes control of the projects and manages the project, this is a directive form of project management.

8 0
2 years ago
Watchful Eyes Industries manufactures a multitude of safety products like burglar alarms, smoke detectors, surveillance cameras,
CaHeK987 [17]

Watchful Eyes would probably benefit from departmentalization by Customer type .

<u>Explanation: </u>

The departmentalization applies to the hierarchical structure and partnership between the company and different departments and management roles. As a company expands, its divisions are expanded and more site-units are formed, introducing more management layers.

LA Gear is also an example of a company utilizing departmentalization of the product. The system is based on its wide range of products like female footwear etc. Departmentalization of the operation – Grouping of product/service processes or customer flow behaviour

Departmental business services–Grouping on the level of specific clients or consumer forms, Jobs may be classified by the group of customers the company represents. I assume that each organization's customers have a specific set of problems and criteria which specialists can better fulfill.

7 0
2 years ago
Nikolai knows that what his boss has asked him to do is not in the best interest of the company. He also knows that if he does n
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Answer:

The correct answer is letter "D": if all else fails, slow the spread of bad practice.

Explanation:

Evidence-based management is a critically thought-provoking approach to decision making. This practice has the following principles: treat your organization as an unfinished prototype; <em>no brag, just facts; see yourself and your organization as outsiders do; evidence‐based management is not just for senior executives; like everything else, you still need to sell evidenced‐based management; if all else fails, slow the spread of bad practices; and questioning what happens when people fail? </em>

In front of a problematic situation, the "if all else fails, slow the spread of bad practices" is used when the consequence of an action is likely to be negative, but usually represents an order in the relationship of a principal-agent. The agent then carries out the necessary procedure as slowly as possible to prevent an unexpected reaction.

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