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PtichkaEL [24]
2 years ago
9

The sahara company purchased equipment on january 1, 2015, for $100,000. the equipment had an estimated residual value of $10,00

0, an estimated useful life of five years, and estimated lifetime output of 18,000 units. in 2016, the company produced 4,400 units and recorded depreciation expense of $22,000. what depreciation method did the company use?
Business
1 answer:
vaieri [72.5K]2 years ago
6 0
The company used straight line depreciation based on number of units produced. This can be shown as follows:

Cost = $100,000
Life = 5 years or 18,000 units
Salvage value = $10,000

By straight line method;
Depreciation cost per unit = (100,000-10,000)/18,000 = $5

After producing 4,400 units, depreciation expense = 4,400*5 = $22,000.
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Answer:

The answer is: C) decrease; increase

Explanation:

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This means that products from country A will be more expensive than products from countries B and C, which should lower country A´s exports and increase its imports.

6 0
1 year ago
Carey, a single taxpayer, purchased a rental house in 2018, which he actively manages. During 2018, Carey had a loss of $14,000
noname [10]

Answer:

$6,000

Explanation:

First, Carey's allowable deductions repersents 'real estate loss allowance. The real estate loss allowance is an allowance or tax reduction made available to taxpayers who are also owners of rental properties in the U.S.

The specific allowance states that if the adjusted gross income of the owner of the rental property  is $100,000 or less, then the taxpayer is allowed a deduction of $25,000. However, this begins to reduce as the adjusted gross income approaches $150,000 and the allowance is completely eliminated when the income exceeds $150,000

Based on this explanation, Carey's Adjusted Gross Income= $138,000, higher than $100,000 but less than $150,000

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= $6,000

7 0
2 years ago
Who creates the demand for coffee shops? Who creates the demand for coffee shop employees?
katen-ka-za [31]
Us people create the demand for the shops if there are no coffee shops around we create demand for it but also if there are too many shops and not enough people the shops create a demand for new employees
3 0
1 year ago
Read 2 more answers
When Arturo Gomez opened his Mexican restaurant in a fashionable suburb of Kansas City, he believed that the most important elem
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B. Selling

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Other purpose of selling is to address the customer's area of needs by making the products suitable to their needs available and also maintain good customer relationship afterwards.

4 0
1 year ago
Indicate whether each of the following transactions represents an increase in net exports, a decrease in net exports, an increas
dlinn [17]

Answer:

A. Decrease net capital outflow

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Explanation:

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