Answer:
$60,000
Explanation:
Given:
Purchase Price = $300,000
Estimated Life = 10 Year
Residual Value = $50,000
Method = Double-Declining-balance
Computation:
Rate of Depreciation = [(Price - Residual value) / Estimated year] / (Price - Residual value)
= [($300,000 - $50,000) / 10] / ($300,000 - $50,000)
= $25,000 / $250,000
= 0.1 or 10%
Under Double-Declining-balance rate = 10% x 2 = 20%
Depreciation = Purchase price x deprecation rate
= $300,000 x 20%
= $60,000
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Hope this helps! :)
Answer: D) All securities in an efficient market are zero net present value investments.
Explanation:
The efficient market hypothesis states that the prices of shares reflects every information available.
According to the efficient market analysis, when an economic entity is buying or selling a security like stocks etc, the securities have zero net present value investments and the fair value for the stocks will be given.
Therefore, option D is the correct answer
Answer: currency in circulation, reserves