The depreciation for the 5th year, using straight-line depreciation, with a revised estimated useful life of 6 years is $5,480.
Explanation:The subject dealt with in this problem is depreciation, referring particularly to the method of straight-line depreciation. Initially, the vehicle was purchased for $24,120 and was expected to have a useful life of 8 years, with an estimated salvage value of $2,200.
To calculate the annual depreciation for the first four years, the salvage value is subtracted from the initial cost and then divided by the total estimated useful life (depreciation of the asset). That means: ($24,120 - $2,200) / 8 = $2,740 per year. This was the depreciation expense each year for the first 4 years.
After 4 years, the total estimated useful life was reassessed to 6 years instead of 8, which changes the calculation for years 5 and onwards. The vehicle had already depreciated 4 years * $2,740 = $10,960. So, the revised Book Value at the beginning of year 5 would be original cost - accumulated depreciation = $24,120 - $10,960 = $13,160. We then subtract the salvage value and divide by the remaining life of the asset to get the revised annual depreciation. Therefore, ($13,160 - $2,200) / 2 = $5,480 per year. Hence, the depreciation expense for the 5th year, according to the revised estimated total useful life, is $5,480.
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The more ____ involved with delivering a service, the greater the degree of heterogeneity.
A good indicator that the death penalty applies to lower-class citizens is that _____ of all the prisoners on death row have not finished high school. one-fourth one-half two-thirds seven-eighths
A good indicator of the death penalty's disproportionate application to lower-class citizens is that two-thirds of all prisoners on death row have not finished high school, showing a gap in educational attainment.
A good indicator that the death penalty applies disproportionately to lower-class citizens can be demonstrated by educational attainment levels. Research, including that cited in the Corrections Today article, indicates that approximately 40 percent of state prison inmates did not complete high school, which contrasts with 19 percent of the general population. By comparison, nearly half of the general public have taken college classes, while just around 11 percent of state prisoners have achieved the same level of education. Therefore, the correct answer to the student's question is that two-thirds of all the prisoners on death row have not finished high school, highlighting the significant disparity between the educational levels of those on death row and the wider population.
30 POINTS - Professional networking is important for strengthening your professional development. Discuss how reading, writing, and speaking abilities are vital to your professional networking skills.
Final answer:
Reading, writing, and speaking abilities are vital to professional networking skills as they enable you to stay informed, communicate effectively, and engage with others. These abilities enhance your professional development and help build meaningful connections within your industry.
Explanation:
Professional Networking and Reading, Writing, and Speaking Abilities:
Professional networking involves building relationships and making connections within your industry. It is essential for strengthening your professional development. Reading, writing, and speaking abilities play a vital role in effective professional networking:
Reading: Being able to read and comprehend industry-related articles, news, and resources helps you stay informed and engage in meaningful conversations. It helps you to understand the current trends, new ideas, and potential opportunities in your field of interest.
Writing: Strong writing skills allow you to communicate clearly and professionally through emails, social media, and other written correspondence. Writing well-crafted messages and professional emails helps you establish credibility and convey your thoughts effectively.
Speaking: Good speaking abilities enable you to confidently present yourself, share your ideas, and engage in conversations during networking events or professional gatherings. Effective verbal communication helps you connect with others, build relationships, and leave a lasting impression.
By honing your reading, writing, and speaking abilities, you can effectively network with professionals in your industry, share your expertise, and learn from others' experiences. These skills enhance your professional development, open doors for opportunities, and contribute to your overall success.
James is the sole proprietor of a ship building organization. as he reaches the end of his days and considers his sizable legacy, his mind touches upon things that he wishes to pass on to his children after his death. in order to attain the best tax advantage, what will his lawyer most likely advise him to do?
The ___________ goal is to support the development and testing of innovative healthcare payment and service delivery models.
When a law is passed that requires businesses to obtain permission from government officials in order to enter a market, this is an example of?
A ________ pricing strategy for an offering begins with an assessment of customer needs and perceptions. then a target price is set based on customer perceptions of worth.
a.cost-based
b.target costing
c.value-based
d.value-added
e.competition-based
A value-based pricing strategy for an offering begins with an assessment of customer needs and perceptions. Then a target price is set based on customer perceptions of worth.
What is value based pricing strategy?It is a pricing strategy used for goods and services in demand.
The price of the commodity is determined by how important the commodity or good is to the consumer.
Therefore, a value-based pricing strategy for an offering begins with an assessment of customer needs and perceptions. Then a target price is set based on customer perceptions of worth.
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Duracell is well known for manufacturing and marketing batteries. recently they launched the duracell powermat, which is a wireless charger for mobile devices. which brand development strategy did duracell use in this example?
The brand development strategy that the Duracell use in the given example above is the brand extension. A brand extension is being used as a way of increasing the sales in a company or business of which they make or develop new products under their trademark or their brand name.
Duracell used the product extension brand development strategy.
Explanation:The brand development strategy that Duracell used in this example is product extension. Product extension is a strategy where a company introduces a new product or variation of an existing product under the same brand name. In this case, Duracell extended their brand from batteries to wireless chargers with the introduction of the Duracell Powermat.
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Walmart has decided to hire extra clerks during the holiday season. it is said to be ________.
What is the first step in financial planning?
A.)maintaining a log of all your expenses
B.)understanding what you want
C.)preparing a balance sheet
D.)attaching a goal cost to every goal
E.)attaching a time frame to every goal
The first step in financial planning is to understand what you want. On the basis of this, you need to analyze your financial condition and make a decision in financial planning. Hence, Option B is the correct statement.
What do you mean by financial planning?Financial planning is a step-by-step way to meet personal goals. The financial plan serves as a guide as you travel through life. In fact, it helps you to manage your income, expenses, and investments so that you can manage your finances and achieve your goals
Thus, Option B is the correct statement.
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Answer:
B
Explanation:
Understanding what you want. This is correct because you can then go and work everything you need around it and figure out how to organize your life.
Businesses that guard their brand names are usually in the business group known as
Businesses closely guarding their brand names usually register a trademark, an identifying symbol or name, which they can renew as long it is in active use.
Explanation:Businesses that pay close attention to protecting their brand names are usually categorized in the business group known as firms who secure their trademark. A trademark is an identifying symbol or name for a particular good, such as Chiquita bananas, Chevrolet cars, or the Nike 'swoosh', and can only be used by the firm that has registered that trademark. There are approximately 1.9 million trademarks registered with the U.S. government and a firm can renew a trademark repeatedly, as long as it remains in active use. In the context of business tactics, this can be compared to methods such as predatory pricing, which is when an existing firm uses sharp but temporary price cuts to discourage new competition, or keeping trade secrets, which are methods of production that the producing firm keeps secret.
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Why do marketers want to see and understand demand curves?
A problem the group decision support system (gdss) intended to solve is:
Final answer:
The problem that the GDSS is intended to solve is coordination challenges in group decision-making.
Explanation:
The problem that the Group Decision Support System (GDSS) is intended to solve is coordination challenges in group decision-making. These challenges occur when group members generally agree on the goals but disagree about the specifics. GDSS provides a platform for everyone to participate in making decisions through voting or deliberative methods, reducing conformity costs but potentially increasing transaction costs.
If the fixed cost of producing seven video games is $14, and the variable cost of producing seven video games is $12, how much is the total cost of producing seven video games? $21 $7 $26 $2
The total cost of producing seven video games is $26.
Further Explanation:
Fixed cost: The fixed cost is the cost that remains same even if the level of production changes.
Example of fixed cost: rent, wages, interest payment, and depreciation.
Variable cost: The variable cost is the cost that varies with the level of production.
Example of variable cost: raw material cost, labor costs, and utility costs.
Total Cost: Total cost refers to the cost incurred in producing a certain amount of goods. The total cost comprises of fixed cost and variable cost. The Formula for calculating total cost is:
Total cost (TC) = Fixed cost (FC) + Variable cost (VC)
Calculate the total cost of producing seven video games:
Total cost = Fixed cost + Variable cost of producing seven video games
= $14 +$12
=$26
Therefore, the total cost of producing seven video games is $26.
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Answer details:
Grade: High School
Subject: Business Studies
Chapter: Cost of production
Keywords: Total cost, fixed cost, the variable cost, producing seven video games, seven video games, level of production, Production cost, video games, cost of production, of producing, variable cost of producing, total cost of producing, VC, TC, FC.
Why are the data artifacts produced through data architecture management important?
Fiscal policy is defined as changes in federal ________ and ________ to achieve macroeconomic objectives such as price stability, high rates of economic growth, and high employment.
Student achievement will be increased when _____. the teachers spend more time on providing essential supplies to students the teachers spend more time on helping the students improve their behavior the students spend more time on interacting with their classmates the students spend more time on learning their subjects
a(n) __________ shows the number of units the market will buy in a given time period at different prices.
Final answer:
A market demand schedule shows the quantity of a good consumers will buy at various prices, displaying an inverse relationship between price and quantity demanded.
Explanation:
A market demand schedule shows the number of units the market will buy in a given period at different prices. It is a table that presents a range of prices for a certain good or service and the quantity demanded at each price. This schedule indicates that there is typically an inverse relationship between price and quantity demanded, meaning that as the price of an item goes up, the quantity demanded tends to go down, and vice versa.
The graphical representation of a market demand schedule is known as the market demand curve. This curve is essential for businesses and economists as it helps them understand consumer behavior and price sensitivity. By analyzing the demand schedule and curve, producers can make informed decisions about pricing and production levels.
A number that can be factored as a product of prime numbers is called _____.
Shortly after recording street survivors, this group was involved in a fatal plane crash:
If the typical balance on Lucy's credit card is $750 and the interest rate (APR) on her credit card is 16%, how much in interest would you expect Lucy to be charged in a typical month?
Lucy would be charged $10 interest in a typical month.
Further Explanation:
Annual Percentage Rate (APR): The annual percentage rate is the rate of the fee charged on the credit card. It remains the same even in the case of the failure in the credit card payment. The credit card that has the lowest APR should be preferred.
Calculate the interest for a typical month:
APR rate is calculated for an annual basis. The current APR rate is 16% annually. So, it should be divided by 12 months to calculate the interest for a typical month. The calculation of the interest is as follows:
[tex]\begin{gathered} {\text{Monthly Interest = }}\frac{{{\text{Total Annual Interest}}}}{{12}} \\ = {\text{ }}\frac{{\$ 120}}{{12}} \\ = {\text{ \$ 10 per month}} \\ \end{gathered}[/tex]
Thus, Lucy would be charged $10 interest in a typical month.
Working note:
Calculate the annual interest:
[tex]\begin{gathered} {\text{Total Annual Interest = Credit card balance }} \times {\text{ APR}} \\ {\text{ = \$ 750 }} \times {\text{ 16\% }} \\ {\text{ = \$ 120}} \\ \end{gathered}[/tex]
Thus, the annual interest is $120.
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Answer details:
Grade: Senior School
Subject: Business Studies
Chapter: Money & Banking
Keywords: Credit card balance, credit card, $750, interest rate, interest, APR, Annual percentage rate, expect, Lucy, charged, typical month, credit score, would, you, typical balance, expenses.
A manufacturer wants to implement a trade sales promotion. Which of the following would apply?
A. Offering retail stores a 10% discount on their products
B. Offering mail-in rebates to consumers who purchase their products
C. Distributing coupons through newspapers for "buy one get one free" offers on their products
D. Purchasing television ads that promote the enhanced style of their products
A manufacturer wants to implement a trade sales promotion he would Offer retail stores a 10% discount on their products.
What is a trade sales promotion?The Benefits given to wholesalers to encourage them to acquire more of a specific product and to market it more actively refer as Trade sales promotions. Its function is to transport products from warehouses to retail locations where customers can buy them.
Its aim is to increase the sales of the product by attractive promotion and advertisement and offering 10% discount on the product by retail stores reflects its features of it as it helps in gaining consumer attention.
Trade sales promotion can also be done with the help of free sample distribution as well as showing exhibitions to encourage customers towards the products.
Therefore, option A is appropriate.
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How has the internet affected the way interest groups do grass-roots lobbying?
Answer:
The Internet is a low-cost way to connect members
Explanation:
Grad-point - 7 - Interest groups at Work - quiz
If a country imposes a tariff on imported shoes, we expect the domestic price of shoes to ________ and the quantity of shoes consumed in the domestic market to ________ .
a. fall; fall
b. rise; rise
c. rise; fall
d. fall; rise
If a country has a rising middle class what does this social change mean for business?
A: there will be more people with discretionary income creating business opportunities.
B: A company should be very cautious about entering the market in case the progress does not last.
C: products generated within that country will have a strong advantage over those produced in other nations
D: The middle class will not have as much spending power as the rural regions of the country
There will be more people with discretionary income, creating business opportunities.
-Gradpoint
The health care industry is heavily regulated by ____ and ____ legislation.
What are the instruments used in quantitative research?
The evolutionary process that selects variations in inherited characteristics that best suit an individual for survival and reproduction in a particular environment is known as:
A _____ leader has a special ability to generate excitement and revitalize organizations
Daniel works hard this semester because he needs to pass all the courses to graduate in time. if he does not finish his degree this semester, his employer will probably lay him off and find someone else to do his job. this is one example of