made in the usa clothing inc. gives notice to neely that it is terminating their franchise arrangement. winding up the business requires

Answers

Answer 1

On terminating a franchise arrangement, winding up will require the return of the franchisor's property. Thus, the correct answer is option B.

What is a franchise arrangement?

An official, binding contract between a franchisor and a franchisee is known as a franchise agreement. Franchise agreements are enforced at the state level in the United States. The Franchise Rule gives the US Federal Trade Commission the power to control information disclosures before a franchisee signs a contract.

Franchisees are required to return the franchisor's property in the event that the franchisor terminates the contract or the franchise arrangement before the end of the agreed-upon period.

As Made in the USA clothing Incorporation is terminating its franchise arrangement with Neely and has sent a notice, Neely has to return the  Clothing Incorporation's property.

Therefore, winding up the business or terminating the franchise arrangement requires the return of the franchisor's property.

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Your question is incomplete, but most probably your full question was,

Made in the USA Clothing Inc. gives notice to Neely that it is terminating their franchise arrangement. Winding up the business requires

Group of answer choices

a new franchise agreement.

the return of the franchisor’s property.

Neely’s death, disability, or insolvency.

nothing more than closing immediately.


Related Questions

Grixdale Tax Services prepares taxes for individuals. Grixdale offers a simplified pricing model with two alternatives for taxpayers: Standard Deduction or Itemized Deduction. Price and variable costs for the two services are listed below.
Standard Itemized
Sales price (per return) $50.00 $250.00
Variable costs (per return) 10.00 30.00

The annual fixed costs at Grixdale are $262,500. Based on experience, the owner estimates that Standard Deduction returns represent 25 percent of the firms business.

How many Standard Deduction and Itemized Deduction returns must be filed annually to break even?

Answers

Answer: Grixdale Tax Services must file 375 Standard Deduction returns and 1,125 Itemized Deduction returns annually to break even

Explanation:

To determine the break-even point, we need to calculate the total contribution margin, which is the difference between the sales price and variable costs. For the Standard Deduction service, the contribution margin is:

$50.00 - $10.00 = $40.00

For the Itemized Deduction service, the contribution margin is:

$250.00 - $30.00 = $220.00

Next, we need to determine the proportion of total returns that are Standard Deduction returns. We are given that 25 percent of the firm's business is Standard Deduction returns, so the proportion of Itemized Deduction returns is:

1 - 0.25 = 0.75

Now we can set up the equation to solve for the break-even point:

Contribution margin × Total number of returns = Fixed costs

Let x be the total number of returns. Then, the number of Standard Deduction returns is 0.25x, and the number of Itemized Deduction returns is 0.75x. Plugging in the values from the problem, we get:

(40.00 × 0.25x) + (220.00 × 0.75x) = 262,500

Simplifying the equation, we get:

10x + 165x = 262,500

175x = 262,500

x = 1,500

Therefore, the break-even point is 1,500 total returns. To find the number of Standard Deduction and Itemized Deduction returns required to break even, we can multiply the total number of returns by the proportion of each type of return:

Number of Standard Deduction returns = 0.25 × 1,500 = 375

Number of Itemized Deduction returns = 0.75 × 1,500 = 1,125

Therefore, Grixdale Tax Services must file 375 Standard Deduction returns and 1,125 Itemized Deduction returns annually to break even.

identify the types of south African businesses/market share​

Answers

A company may be incorporated in South Africa under one of five legal categories: a private company, a personal liability company, a public company, a non-profit organisation, or a state-owned corporation.

What percentage of the market?

South Africa is a newly industrialised nation with an upper-middle-income economy, according to the World Bank. It is ranked 34th in the world and has the second-largest economy in Africa. South Africa has the 7th per economic status in Africa in the context of purchasing power parity. Nevertheless poverty and inequality continue to be widespread, with almost 25% of the population unemployed and surviving on less than US$1.25 per day. Yet, South Africa continues to have a significant regional impact and is regarded as a middle power in international affairs.

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Which of the following is true regarding implied-in-law conditions?

Answers

Answer:

An implied contract is a non-verbal and unwritten – yet still legally binding – contract that exists based on the behavior of the parties involved or on a set of circumstances. Implied contracts may be implied-in-law or implied-in-fact.

how could competition policy undo the wrongs of the past and make south Africa a better place​

Answers

Answer:

To achieve its purpose, the Commission's core functions are the following: implement measures to increase market transparency; implement measures to develop public awareness of the provisions of the Act; investigate and evaluate alleged anti-competitive conduct; conduct formal inquiry in respect of the general state of ...

Explanation:

It is a structure which regulates the markets and monopolies in the country. It generally aims in preventing monopoly growth. It benefited by balancing the act of economic transformation that will benefit all South Africans through ownership, the participation of small and medium enterprises and employment.

If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run:
a.reduce the level of output its produces
b.increase the level of output it produces
c.neither increase nor decrease the level of output it produces
d.shut down

Answers

If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run shut down.

For a perfectly competitive firm, the marginal revenue tends to equal price and as well as the average revenue. So, this implies that the firm's marginal cost curve in its short-run supply curve for values is thus greater than the average variable cost. So, if the price drops below average variable cost, the firm shuts down.

So, a firm's total profit is maximized by the producing the level of output at which marginal revenue for the last unit produced will thus equal its marginal cost, or MR = MC.

Hence, option D is correct.

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Not accepting a bribe from someone is a(n)______
ethical
neither
unethical
choice.

Answers

Answer:

choice

Explanation:

ethical is just a behaviour while choice u have to choose what you think is right

Sales made on account are recorded as ____ to the sales account.

A)orders
B)debits
C)payments
D)credits

Answers

Answer:

I have a strong feeling it has to be credit

Suppose that China is a small country of peanuts import, and the demand and supply of peanuts are as follows:

D=400-10P, S=50+5P,

The price of peanuts in the international market is set at USD 10. Please use figures and figures to illustrate the following problems:

(1) Under the free trade, China's peanuts production and import and export volume, the impact of free trade on domestic consumption and the welfare of manufacturers.

(2) China has imposed an quote limit of 200 units for peanuts import, the production and trade volume of domestic peanuts, and the welfare changes of consumers and manufacturers compared with free trade.

Answers

1. a. Under free trade, China's peanuts domestic production will be 100 units (50 + 5 x 10).

b. Under free trade, China's peanuts import will be 200 units (300 - 100).

c. Under free trade, China's peanuts export will be negative 200 units (100 - 300).

d. Free trade ensures that domestic consumption is met because domestic manufacturers will produce 100 units while the remaining 200 units demanded by consumers will be met through imports.

2. a. With a quota limit of 200 units for peanuts import, peanuts production will still be 100 units (50 + 5 x 10).

b. Under the quota limit, China's peanuts import will be 200 units (300 - 100) since internal production is not more than 100 units.

c. Under the quota limit, China's peanuts export will be zero units.

d. The quota limit will still ensure that domestic consumption is met because the quota of 200 units plus 100 units of internal production will meet domestic demand for 300 units.

What are Free Trade and Quota?

Free trade implies the absence of any government-imposed limits on imports and exports.  On the other hand, quota refers to the trade restriction imposed by governments.

Data and Calculations:

D = 400 - 10P

S = 50 + 5P

Where:

D = Demand

S = Domestic Supply

P = Price

Price = $10

a. The quantity demanded will be 300 units (400 - 10 x  10).

b. The quantity supplied (domestically) will be 100 units (50 + 5 x 10).

c. The import quantity will be 200 units (300 - 100).

c. Quota imposed on imports of peanuts = 200 units

Thus, there will be no changes in the welfare of consumers and manufacturers under the quota limit compared with free trade because the quota meets domestic demand.

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Describe the core marketing function within an organization

Answers

Answer:

Corporate, Strategic and Product management function

Explanation

In corporate function, it serves the role of global marketing sector in setting, enforcing the brand standards and definition of the global infrastructure meant for public relations.

In strategic function, it serves the role of setting the growth strategies, assessment of competitive landscapes, collaboration with the engineering and the management towards the performance of gap analysis

In product management function, it serves the role of building and also driving the launching of those plans meant for products and service provisions, redefining of raw positions and messaging towards the crisp value positions.

pormula sa pagsukat ng
“Pamamaraan batay sa gastos”
“Pamamaraan batay sa kita”
Pamamaraan batay sa pinagmulang industriya”


Answers

☞ANSWER☜

Tatlong Pamamaraan ng Pagsukat ng Pambansang Kita o Gross National Income

Pamamaraan Batay sa Gastos (Expenditure Approach)

Pamamaraan Batay sa Gastos (Expenditure Approach) Ang ekonomiya ng bansa ay may apat na sektor ito ay ang sambahayan, pamahalaan, bahay-kalakal, at panlabas na sektor. Ang bawat sektor na ito ay may pinagkakagastusan at ito ay ang Gastusing personal (C), Gastusin ng mga namumuhunan (I), Gastusin ng pamahalaan (G), Gastusin ng panlabas na sektor (X – M), Statistical discrepancy (SD, at Net Factor Income from Abroad (NFIFA). Ginagamit ang : GNI = C + I + G + (X – M) + SD + NFIFA bilang pormula sa pagkuwenta ng Gross National Income.

Pamamaraan Batay sa Kita (Income Approach)Ito ay mula sa mga sahod ng mga manggagawa, buwis, kita ng mga korporasyon, at iba pa.

Masusukat ang Gross Domestic Product sa pagsasamasama ng kabuuang halaga ng produksiyon; ang sektor ng industriya, agrikultura, at serbisyo ang pangunahin sa bahaging ito.

You can earn 3% interest on a CD and 1.25% interest on a savings account.
How much more interest will the CD earn for one year if you make a deposit of
$1,650?



Financial Lit, please help!!

Answers

Answer:

The CD will earn $49.50 more interest than the savings account for one year if you make a deposit of $1,650.

Step 2. Search to find any summary about the company that mentions funds for starting the business. Try to find any information containing employee data in this section.
Step 3. Find the section where the product or service is detailed. Look to see what kinds of products or services will be involved with the business. Compare this with what other similar business plans are offering.
Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.

Answers

We can see here that such company gotten after searching for company that mentions funds for starting the business is Go-o-gle.

Funds for starting the business: $1 million in funding from Andy Bechtolsheim.

Employee data: over 160,000 employees worldwide.

What is a company?

A company is a legal and organizational entity formed by individuals or a group of individuals with the purpose of conducting business activities. It is an association of individuals who come together to engage in commercial, industrial, or professional activities in order to generate revenue and make a profit.

Their products are digital and online services.

Comparing this company, we see Microsoft.

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A grocery store manager must decide how to best present a limited supply of milk and cookies to its customers. Milk can be sold by itself for a profit of $1.50 per gallon. Cookies can likewise be sold at a profit of $2.50 per dozen. To increase appeal to customers, one gallon of milk and a dozen cookies can be packaged together and are then sold for a profit of $3.00 per bundle. The manager has 100 gallons of milk and 150 dozen cookies available each day. The manager has decided to stock at least 75 gallons of milk per day and demand for cookies is always 140 dozen per day. To maximize profits, how much of each product should the manager stock. Which of the following is the constraint that limits the amount of milk the store will use (both in bundles and sold separately) each day

Answers

Answer:

m + b ≤ 100 (100 gallons of milk available per day)

Explanation:

there are no options available, so I will prepare my own equations:

the profit function = 1.5m + 2.5c + 3b

where m = gallon of milk, c = dozen of cookies, b = bundle

we need to maximize profits, therefore the constraints will be:

m + b ≤ 100 (100 gallons of milk available per day) c + b ≤ 150 (150 dozen cookies available per day) m + b ≥ 75 (at least 75 gallons of milk are stocked per day) c + b = 140 (daily demand for dozens of cookies) m + c + b ≥ 0 (demand is positive)

Computer-assisted telephone interviewing has replaced online survey research as the most popular method of
collecting data.
a. True
b. False

Answers

The statement "Computer-assisted telephone interviewing has replaced online survey research as the most popular method of collecting data." is false. Option B

What is Computer-assisted telephone interviewing?

Generally, The Computer-Assisted Personal Interviews (CAPI) technique is a face-to-face data-collecting approach in which the interviewer utilizes a tablet, mobile phone, or computer to record responses made during the interview. This technique is also known as a computer-assisted telephone interview (CATI).

Computer-assisted telephone interviewing (CATI) is a method of conducting telephone surveys in which the interviewer is guided through the questions by a script that is generated by a software program.

In conclusion, The claim that computer-assisted telephone interviewing has surpassed online survey research as the most common approach of data collection is untrue.

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what are some fixed costs of a grocery store

Answers

Answer:

Rental lease payments, property taxes, interest expenses, insurance, or salaries.

Explanation:

Fixed costs are the expenditures that doesn't change base on sales.

Why would you choose a job over a career?

Answers

Answer:

A job can be just going to work to earn a paycheck. A career means that each of your jobs, experiences, and training programs is helping you advance in pay or responsibility. The real difference between a job and a career is your attitude. People who want a career are always thinking about their long-term goals.

Explanation:

Sorry if this isn't right love, I tried:(

If the order is accepted, by how much will monthly profits increase or decrease? (The order would not change the company’s total fixed costs.) Show and label all computations using words and numbers to explain the steps please (final answer should be incremental profits)

If the order is accepted, by how much will monthly profits increase or decrease? (The order would not

Answers

If the Superior Company accepts the special order, monthly profits will increase by $2,500.

By how much will monthly profits increase or decrease if order is accepted?

To determine the impact on monthly profits, we need to calculate the contribution margin per unit on the special order.

Contribution margin per unit = Selling price per unit - Variable costs per unit

= $15 - ($2.50 + $3.00 + $0.50 + $1.50)

= $7.50

The contribution margin ratio is 50% ($7.50 / $15).

The fixed costs are $4.25 + $2.00 = $6.25 per unit.

If the company accepts the special order, it will produce and sell an additional 2,000 units.

Total contribution margin from the special order:

= 2,000 units x $7.50 per unit

= $15,000

Since the order would not affect regular sales, the company's total fixed costs will remain the same. Therefore, the increase in monthly profits would be:

Increase in monthly profits = Total contribution margin from the special order - Incremental fixed costs

= $15,000 - ($6.25 x 2,000)

= $2,500.

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can yall plz help me with this science qustion the choses are masses,shapes,and sizes ....also ill give brainlest

can yall plz help me with this science qustion the choses are masses,shapes,and sizes ....also ill give

Answers

Answer:

the answer is the mass.

Answer:

the answer is the mass

the answer is the mass

Ridge Company issues $10,000,000 10-year, 9% bonds on 3/1/17 at 97 plus accrued interest. The bonds are dated January 1, 2010, and pay interest on June 30 and December 31; original issue date was 1/1/17. What is the total cash received on 3/1/17

Answers

Answer:

$9,850,000

Explanation:

Calculation for What is the total cash received on 3/1/17

Total cash received on 3/1/17=$10,000,000 × .97) + ([9%*$10,000,000) × 2/12]

Total cash received on 3/1/17=$10,000,000 × .97) + ($900,000 × 2/12)

Total cash received on 3/1/17=$9,700,000+$150,000

Total cash received on 3/1/17 = $9,850,000

Therefore the total cash received on 3/1/17 is $9,850,000

Need help with some questions

Answers

Answer:

8

Explanation:

ph is cool watch it

According to Feiler, what is the good news about families today? What is the bad news and the worst news? Have you witnessed any examples of the good or bad news about families personally?

Answers

Good news is when families are happy not arguing with each other. The bad news is when they fight and it messes up the family they separate.

A new approach to family dynamics, inspired by cutting-edge ideas gathered from specialists in the fields of science, business, sports, and the military, has been outlined in The Secrets of Happy Families by New York Times bestselling author Bruce Feiler.

According to Feiler, What is the secret of happy families?

Despite all the new studies on individual happiness, spending time with the people you care about may be quite fulfilling. In actuality, it is the best indicator of overall life pleasure. The pace and demands of everyday life leave almost everyone feeling fully exhausted, and this tiredness has a significant negative impact on family harmony.

Numerous studies have found that stress is the top issue for both parents and kids. This refers to both internal and external stress. Additionally, stressed parents pass that stress on to their kids. Parental stress damages children's brains impair their immune systems, and increases their chances of obesity, mental disease, diabetes, allergies, and even tooth decay, according to studies.

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Select all that apply.
Select the items that can result in higher interest earned.
1:higher balance
2:greater number of withdrawals
3:higher interest rate

Answers

Answer:

a higher balance can increase interest rate

One year ago, James Sirlank bought Dell Computer common stock for $20 per share. Today the stock is selling for $19 per share. During the year, James received four dividend payments, each in the amount of $0.20per share. (a) What rate of return did James earn during the year? (b) What were the (1) dividend yield and (2) the capital gains yield associated with the stock for the year?

Answers

Tthe price of the share is down in the year so there will be no Capital gain (*5.26%) for the year but dividend of the the share received so there will be return (-1.05%) and dividend yield (4.21%) .

What will be the return and yield for the year ?

Given in the question

Price = $ 20

Selling Price = $ 19

Dividend payment = $ 0.20 per share

As per question

(a) Rate of Return =

\(Total return = (Purchase price - (Sale price + dividend payment))/Purchase price \\ = (20-(19+(0.2*4))/19\\ = -1.05%\)

(b) (1) Dividend yield

\(Dividend Yield = Dividend payment / purchase \\ 0.2*4 / 19\\ = 4.21%\)

(2)

Capital Gain yield

\(Capital gain Yield = (Sale price- purchase price)/Purchase price\\ = (19-20)/20\\ = *5.25%\)

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Increased capital investment is generally used for what business expenses?
A:capital expenditures
B:employee compensation
C:inventory purchases
D:health insurance

Answers

A. Capital expenditures

In which (management) areas of an organization may ethically relevant questions occur? Give examples for each of them!

Answers

The management area of coordinating and directing from the top hierarchies is the where some ethically relevant questions may occur.

What is an Ethics?

This refers to some standards that imposes a reasonable obligations to refrain from fraud, slander, gossip etc in a firm.

Some example of an ethical behaviors in the firm are:

obeying company's ruleseffective communicationaccountability & professionalismtrust and mutual respect

Hence, the management area of coordinating and directing from the top hierarchies is the where some ethically relevant questions may occur.

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Reggie, who is 55, had AGI of $35,200 in 2022. During the year, he paid the following medical expenses:
Drugs (prescribed by physicians)
Marijuana (prescribed by physicians)
Health insurance premiums-after taxes
Doctors' fees
Eyeglasses
Over-the-counter drugs
$ 570
1,470
1,280
1,320
445
270
Required:
Reggie received $570 in 2022 for a portion of the doctors' fees from his insurance. What is Reggie's medical expense deduction?

Answers

Reggie's medical expense deduction is $7,276.

AGI, or adjusted gross income, is a person's total income minus certain deductions and is used to calculate taxable income.

Reggie, who is 55 years old, had an AGI of $35,200 in 2022. During the year, he incurred the following medical expenses:

Drugs (prescribed by physicians): $5,701

Marijuana (prescribed by physicians): $1,470

Health insurance premiums-after taxes: $1,280

Doctors' fees: $1,320

Eyeglasses: $445

Over-the-counter drugs: $270

Reggie was reimbursed $570 by his insurance company for a portion of the doctors' fees. To calculate his medical expense deduction, we first need to subtract any reimbursements from his total medical expenses.

Total medical expenses: $5,701 + $1,470 + $1,280 + $1,320 + $445 + $270 = $10,486

Reimbursements: $570

Medical expenses after reimbursements: $10,486 - $570 = $9,916

To claim a medical expense deduction, the expenses must exceed a certain percentage of AGI, which varies depending on the taxpayer's age. For taxpayers who are 65 or younger, the threshold is 7.5% of AGI. For taxpayers who are over 65, the threshold is 7%.

Since Reggie is 55 years old, the threshold is 7.5% of his AGI or $35,200 x 0.075 = $2,640.

Therefore, Reggie can deduct the portion of his medical expenses that exceed $2,640.

Amount of medical expenses that exceed the threshold: $9,916 - $2,640 = $7,276

Therefore, Reggie's medical expense deduction is $7,276.

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Your shift’s productivity is slow because one person is not pulling his share. The rest of the team is getting upset . What would you be most and least likely to do ?

Answers

Most likely to try/works things out with the person who’s not pulling his share.

Least likely to yell and scream at the person not pulling his share. Might get mad a little but I would hopefully try and not scream at the person not pulling his share.

By default, unless you or someone else records or shares information, your employer cannot see any of your Teams activities. However, the company has the option to build or buy a Teams extension to gain access to information and view your Team activities.

What is shift productivity?

A desktop program called Shift can be used to combine various emails and web applications into one simple platform. The shift is the ideal productivity tool for anyone who uses one email account and one app, 50 conversations accounts, 50 apps, or anything in between!

Productivity starts with the fundamental idea of making the most of your time. Multitasking, among other things, can make you sluggish. You can focus better on the things that are important by doing one thing at a time. You might also find it easier to enter a state of flow. Select Notifications from the Settings menu, which is located in the upper right corner of the screen. The following options can be selected (to turn on) or cleared (to turn off) in the Notifications dialogue box: I'm given a task by someone.

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Revenue is:
A. the amount of money a company has left over after paying bills
B. The amount of money a company pays its employees.
C. The amount of money a company makes from sales.
D. the amount of taxes a company has to pay.​

Answers

Answer:    C. The amount of money a company makes from sales.

Explanation:  

This is revenue by definition.

How is the Sole Trading business financed?

Answers

Answer:

Sources of Finance for a Sole Trader

The sole trader can invest his own savings into his business for expansion. Retained Profit. A profitable business generates a positive net income every year. Sale of Assets.

At the beginning of the year, Plummer’s Sports Center bought three used fitness machines from Advantage, Inc. The machines immediately
were overhauled, installed, and started operating. The machines were different; therefore, each had to be recorded separately in the accounts.
Machine A Machine B Machine C
Amount paid for asset $ 11,000 $ 30,000 $ 8,000
Installation costs 500 1,000 500
Renovation costs prior to use 2,500 1,000 1,500
By the end of the first year, each machine had been operating 4,800 hours.
Required:
1. Compute the cost of each machine.
Total Cost
Machine A
Machine B
Machine C
Required:
2. Prepare one entry to record depreciation expense at the end of year 1, assuming the following:
(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Estimates
Machine Life Residual Value Depreciation Method
A 5 years $1,000 Straight-line
B 60,000 hours 2,000 Units-of-production
C 4 years 1,500 Double-declining-balance

Answers

Answer: Please see below

Explanation:

                                                 Machine A Machine B Machine C

Amount paid for asset            $ 11,000   $ 30,000 $ 8,000

Installation costs                           500    1,000          500

Renovation costs prior to use     2,500 1,000        1,500

total cost                                  $14,000  $32,000  $10,000

Machine Life Residual Value Depreciation Method

A  5 years       $1,000           Straight-line

B 60,000 hours 2,000        Units-of-production

C 4 years      1,500      Double-declining-balance

for machne A, using Straight line Depreciation

Straight line Depreciation = total cost of asset - residual value /useful life

=14,000-1000/5= $,2,600

for machne b, using units of operation with production time = 4800

units of operation Depreciation= total cost of asset - residual value /useful life x Production time = ((32,000-2000)/60,000) x 4800= $2400

for machne b, using Double-declining-balance

Double-declining-balance depreciation = (cost of asset - accumulated depreciation/ useful life of asset) x 2 =(( $10,000- 0)/4) x2 = $5000

Journal for machine A at end of year 1

Account                                Debit        Credit

depreciation expense       $2600

accumulated depreciation                   $2,600

Journal for machine B at end of year 1

Account                                Debit        Credit

depreciation expense       $2400

accumulated depreciation                   $2,400

Journal for machine C at end of year 1

Account                                Debit          Credit

depreciation expense       $5,000

accumulated depreciation                    $5,000

1. The cost of each machine is computed as follows:

                                             Machine A    Machine B   Machine C

Cost of machine                    $14,000       $32,000      $10,000

2. Depreciation Expenses     $2,600         $2,400         $4,250

Journal Entries:

Debit Depreciation Expense $9,250

Credit Accumulated Depreciation:

 Machine A $2,600

 Machine B $2,400

 Machine C $4,250

To record depreciation expense for the first year.

Data and Calculations:

                                             Machine A    Machine B   Machine C

Amount paid for asset            $ 11,000      $ 30,000      $ 8,000

Installation costs                            500            1,000             500

Renovation costs prior to use   2,500            1,000           1,500

Total recognized costs          $14,000       $32,000      $10,000

Residual Value                         $1,000         $2,000        $1,500

Depreciable amount             $13,000       $30,000       $8,500

Estimated useful life                5 years        60,000 hours 4 years

Depreciation rate                 $2,600          $0.50             50% (100/4 x 2)

Depreciation methods                 S/L     Production units  Double-declining

Depreciation expense, Yr 1 $2,600         $2,400      $4,250 ($8,500 x 50%)

Calculations                   ($13,000/5) ($30,000/60,000 x 4,800)

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