On january 2, 2019, kornis corporation acquired equipment for $ 1 comma 000 comma 000. the estimated life of the equipment is 5 years or 50 comma 000 hours. the estimated residual value is $ 40 comma 000. what is the balance in accumulated depreciation on december 31, 2019, if kornis corporation uses the double-declining-balance method of depreciation? (round any intermediary calculations to two decimal places and your final answer to the nearest dollar.)a) $100,000.b) $200,000.c) $184,000.d) $92,000.
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Business, 22.06.2019 01:20
All of the industries and businesses in the country of marksenia are privately owned and sell products at different prices that are not controlled by the government or any other organizational body. consumers in marksenia are free to buy as much of the products as they like from the businesses they want. the country of marksenia has a
Answers: 1
Business, 22.06.2019 12:30
True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product
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Business, 22.06.2019 15:20
Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)
Answers: 2
Business, 22.06.2019 21:10
Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?
Answers: 3
On january 2, 2019, kornis corporation acquired equipment for $ 1 comma 000 comma 000. the estimated...
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