and its population in an explosive way. As a result‚ we have come to face serious global issues threatening our safe life or even our existence itself on our mother planet Earth. These are issues such as global warming‚ environmental degradation‚ declining nutrition on land and sea from rising CO2‚ and rapid decrease of fossil reservoir. The demand of energy will be several times larger than that of today’s requirement by 2050. The best solution to this global problem is power generation from renewable
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will then include the new office equipment to the balance‚ and then multiply the new balance by 20 percent using the declining-balance basis: NOTE (a) Office equipment DR. Depreciation Expense $4‚740 CR. Accumulated Office Equipment Depreciation $4‚740 Calculations: ($85‚829.89 – $64‚827.32) + $2‚697.50 $21‚002.57 + $2‚697.50 = $23‚700.07 Using the declining-balance basis at a rate of 20% per year gives us $4‚740 The furniture and fixtures accounts will be relative to the
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expense for a fixed asset: the asset’s initial cost‚ expected useful life‚ and estimated residual value. And there are also three different ways to calculate depreciation: the straight –line method‚ the units-of-production method‚ and the double-declining-balance method. The straight-line method of depreciation provides the same amount of depreciation expense for each year of the asset’s useful life‚ and is known to be the most commonly used method of calculating depreciation. The unit’s-of-production
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This is a non complex calculation and it reduces net income and the equal amounts of depreciation are deducted from every life cycle year of the item. The double declining balance method of depreciation is calculated at double or 200% for the straight line rate. Let’s say the straight line rate is 20%‚ then using the double declining balance method then the rate is 40%. The amount is multiplied by the book value of the item at the start if each period and also this method deduct higher costs in
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stores sales and profits are declining. There are specialty stores‚ discount stores‚ and online stores that offer similar products at a fraction of the cost for the most part. However‚ in the declining market for the department store industry‚ Macy’s consolidated stores‚ established a national department store and continues to make a steady profit. It is usually the time to divest‚ sale‚ or change product mix of a company when a company enters in a mature or declining phase in business. The marketing
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the birth rate from declining. When faced with the topic of how population decline affects Taiwanese society‚ I have developed my own points of view as follows. First‚ a declining population announces a lower economic growth rate because fewer people mean fewer human resources an economy can put into the production. Second‚ a declining population will accelerate the aging of society‚ which in turn will impose heavier burdens on the younger generations. Finally‚ a declining pollution has a adverse
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to rising life expectancy and declining birth rates. This problem is keep occurring in the whole world‚ especially in developed countries such as Japan‚ US and it becomes a global problem. Causes of aging population in Hong Kong Aging population in Hong Kong is caused by two main reasons: declining birth rate and low death rate. Low death rate Nowadays‚ the development of medical technology and Hong Kong being a stable place brought the declining of death rate in Hong Kong.
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Relative growth or decline means a sector is doing better or worse compared with other sectors. It may be growing relative to other sectors but still not doing very well. Or it may be declining relative to other sectors‚ but doing quite well on its own. Overall the primary and secondary sector is declining and the tertiary sector is growing. This is because we as a country are becoming more of a service culture. The primary and secondary sector has decreased because we can now use machinery
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Human height is the distance from the bottom of the feet to the top of the head in a human body‚ standing erect. When populations share genetic background and environmental factors‚ average height is frequently characteristic within the group. Exceptional height variation (around 20% deviation from average) within such a population is sometimes due to gigantism or dwarfism‚ which are medical conditions caused by specific genes or endocrine abnormalities.[1] In regions of poverty or warfare‚ environmental
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estimated useful life of 8 years.Actual miles driven were 15‚000 in 2011 and 12‚000 in 2012. Instructions (a) Compute depreciation expense for 2011 and 2012 using (1) the straight-line method‚ (2) the units-of-activity method‚ and (3) the double-declining balance method. (b) Assume that Brainiac uses the straight-line method. (1) Prepare the journal entry to record 2011 depreciation. (2) Show how the truck would be reported in the December 31‚ 2011‚ balance sheet. Straight-line depreciation rate
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