Paul Company purchased a dump truck for $27,000. In addition, Paul Company paid freight charges of $500, and $700 to paint the company's logo on the truck. The estimated salvage value and useful life are $1,200 and 5 years, respectively. How much is the accumulated depreciation under the straight-line method after three years?
Answers
Answer:
Accumulated depreciation after 3 years = $15,780
Explanation:
Purchase price of the asset = $27,000
Freight charges paid = $500 will be added to cost as this is necessary to bring the asset in for functioning.
Paint of company's logo = $700 will not be added as is not essential for functioning of asset, and does not increase future economic benefits.
Therefore, net cost = $27,000 + $500 = $27,500
Salvage value = $1,200
Amount to be depreciated = $27,500 - $1,200 = $26,300
Useful life = 5 Years
Depreciation each year as per straight line = $26,300/5 = $5,260
Accumulated depreciation after 3 years = $5,260 3 = $15,780
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True or False A firm in a competitive market can change the market price by changing its own production level.
At a recent training seminar of QRS Corp., employees were given slips of paper with job titles on them and were then given a scenario and told to act out the role represented by the job title they were given to better understand those roles. This kind of training is called:
Does adrian loves marrinatte
B) high-positive affect
C) emotional dimensions
D) affect intensity
E) illusory correlation
Answers
Answer:
E) illusory correlation
Explanation:
An illusory correlation happens when someone mistakenly believes that the occurrence of one event will result in the occurrence of other unrelated events.
Psychologically every single one of us tends to create a relationship between unrelated events, but some simply go one step ahead and deeply believe in a strict cause-effect relationship.
For example, a lot of people tend to create a relationship between very beautiful women and not being smart. While being pretty has nothing to do with being intelligent. I've met beautiful women that are extremely smart and very capable at work, while other not beautiful women are simply the opposite.
Answer:
The correct answer is letter "E": illusory correlation.
Explanation:
Illusory correlations are thoughts that relate events to certain causes that actually do not have anything to do with each other. These are subjective beliefs people tend to create based on ideas widely spread in their surrounding environment or to attribute a reason for facts they do not know how to explain.
Answers
answer:
The null hypothesis, denoted as H0, is a statement that assumes there is no significant difference or relationship between two variables. In this case, the null hypothesis is that the average hourly cost is $35.00.
The alternate hypothesis, denoted as Ha, is a statement that contradicts the null hypothesis and suggests that there is a significant difference or relationship between two variables. In this case, the alternate hypothesis is that the average hourly cost is less than $35.00.
To determine if the data supports the claim that the average hourly cost is less than $35.00, we need to perform a hypothesis test. The test statistic used for this type of hypothesis test is the z-score.
The formula for calculating the z-score is:
z = (x - μ) / (σ / √n)
Where:
x is the sample mean (in this case, $32.50)
μ is the population mean (in this case, $35.00)
σ is the population standard deviation (in this case, $8.10)
n is the sample size (in this case, 18)
Calculating the z-score:
z = (32.50 - 35.00) / (8.10 / √18)
z = -1.50 / (8.10 / 4.2426)
z ≈ -1.50 / 1.9109
z ≈ -0.7851
The test statistic is approximately -0.7851.
Now, we need to compare the test statistic to the critical value in the z-table. Since we are testing if the average hourly cost is less than $35.00, we are performing a one-tailed test with a significance level of 5%.
Looking up the critical value in the z-table, we find that the z-value corresponding to a significance level of 5% is approximately -1.645.
Since the test statistic (-0.7851) is greater than the critical value (-1.645), we fail to reject the null hypothesis. This means that the data does not support the claim that the average hourly cost is less than $35.00 at a significance level of 5%.
To summarize:
1. The alternate hypothesis is: Ha: μ>35
2. The test statistic is: -0.7851
3. For a significance level of 5%, the null hypothesis could be rejected?: b. No, because the test statistic is greater than the z in the table.
Alli <3
B. Agile teams commit to deliverables for the current iteration, but are not required to make long-term commitments
C. Agile teams commit only to a minimum viable product at the start of the project
D. Agile teams commit to broad deliverables early in the project, and make more specific commitments as it unfolds
Answers
Answer:
D
Explanation:
Final answer:
Agile teams commit to deliverables for the current iteration, recognizing that circumstances can change rapidly. Hence, they are not required to make long-term commitments.
The correct answer is B.
Explanation:
The commitment level of Agile teams is best described by option B: Agile teams commit to deliverables for the current iteration, but are not required to make long-term commitments. The Agile framework encourages flexible planning, frequent evaluation, and changes. Agile teams work in small iterations, also known as sprints, which generally last from one to four weeks. At the beginning of each sprint, a planning meeting is held to decide on the set of deliverables for the current iteration. The team does not make long-term commitments because the assumption is that circumstances can change rapidly, and the team must be ready to adapt.
Learn more about Agile teams here:
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Answers
According to the question, you may be charged sales tax when you purchase an item in a store.
A sales tax refers to the tax that is imposed on goods and services. This tax is a consumption tax that is imposed by the government.
Further Explanation
The retailer collects the sales tax on behalf of the government and which is later remitted to the purse of the government. The retailer remits the sales tax either monthly or quarterly. Any businesses that operate in any environment where the sale tax law exists are liable to pay sales tax.
The end-users of the product or services offered by a company are charged for a sales tax. The sales tax rate is different among states in the US, it ranges from 1.7% to 9.45%. There are also some states with local sales tax laws.
There are 5 States in the US that do not charge sale tax on purchases. These states includes:
- Oregon
- Delaware
- New Hampshire
- Montana
However, in some of the five states, the local municipalities are allowed to charge sales tax. Also for the company to collect tax from consumers they have to apply for a sales tax permit. While some states require a fee to get the permit, some state grants the permit at no charge.
LEARN MORE:
- Sales tax is caculated brainly.com/question/10609298
- 5% sales tax brainly.com/question/372989
KEYWORDS:
- sales tax
- local municipalities
- US
- consumption tax
- product
- services
b. workers.
c. government control.
d. traditional values.
Answers
Estonia is a small country and doesn't have a large amount of capital and workers, so it's not option a and B
Estonia is really famous for the Economic freedom imposed by its Government so the answer is not option c.
Answers
The employers hope that after employee reviews, workers will improve their production. The correct option here is a.
What are employee reviews?
Employee reviews can be understood as an evaluation of an employee’s performance. It is conducted by the employee’s manager. Employee reviews are a necessary part of a company’s hiring and employee retention process even though it may be an uncomfortable task.
Many may claim that these meetings seem arbitrary, a corporate requirement with no real intent or value. But, when it is used properly and performed well, employee reviews can help mould long-term employees into members of the team.
An employee review requires learning more about their strengths and weaknesses, offering constructive feedback for skill development in the future, and assisting with goal setting. There are different types of employee reviews, such as monthly reviews, quarterly reviews and annual reviews.
Employee reviews will also help the employer to know their weaknesses and work on their skills to make them better.
Learn more about an employee, here:
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