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serious [3.7K]
3 years ago
10

Determine the capitalized cost of a permanent roadside historical marker that has a first cost of $75,000 and a maintenance cost

of $3,200 once every 3 years. Use an interest rate of 10% per year.
Business
1 answer:
densk [106]3 years ago
6 0

Answer:

The capitalized cost is $ 84,667.20

Explanation:

First of all please note that the cost of $ 75,000 is already the present cost.

The cost of $3200 which occurs every 3 years can be converted into a value using factor A/F for one life cycle.

The capitalized cost then can be calculated as follows :

CC = $ 75,000 + $ 3200(A/F, 10%, 3 years)/interest

CC = $ 75,000 + $ 3,200(0.3021)/0.1

CC = $ 75,000 + $ 9,667.2

CC = $ 84,667.20

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Svet_ta [14]

Personal loans are unsecured loans offered by financial institutions based on factors such as employment history, repayment capacity, income level, profession, and credit history.

<h3>How do personal loans work?</h3>

When you are approved for a personal loan, the funds are often sent directly into your checking account. When you acquire a loan to refinance current debt, you can occasionally ask your lender to pay your invoices directly.

Prepare to begin payback within 30 days, regardless of how you receive your payments. If you have a variable-rate loan, your interest rate will fluctuate, which may cause the amount you owe to alter from month to month.

When you pay off your personal loan, the credit line is closed.

Thus, Option D is correct which describes personal loans.

For more information about Personal loans refer to the link:

brainly.com/question/19106746

8 0
2 years ago
Read 2 more answers
Respas Corporation has provided the following data concerning an investment project that it is considering:
Ber [7]

Answer:

$462

Explanation:

The computation of the net present value is shown below:

= Present value of all year cash inflows by considering the salvage value - initial investment

where,

Present value of all year cash inflows by considering the salvage value is

= Annual cash flows × PVIFA factor for 4 years at 15% + Salvage value × discount rate at 4 year on 15%

= $54,000 × 2.855 + $11,000 × 0.572

= $154,170 + $6,292

= $160,462

And, the initial investment is $160,000

So, the net present value is

= $160,462 - $160,000

= $462

We simply applied the above formula to determine the net present value

Refer to the PVIFA table and discount factor table

This is the answer but the same is provided in the given option

4 0
3 years ago
The self-supporting spouse of a registered rep has an account with your firm. Your firm is underwriting the initial public offer
Harman [31]

Answer:

a. cannot be purchased through the IPO.

Explanation:

The Financial Industry Regulatory Authority (FINRA) does not allow purchase of IPO stock by insiders.

It states that no FINRA member firm should sell IPO shares to an account where a restricted person has an interest.

Restricted persons are defined as anyone that is employed by a broker or their immediate family.

So the spouse of the registered representative cannot be given an allocation in the IPO share sale.

6 0
3 years ago
On September 1, Year 1, Gomez Company collected $9,000 in advance from a customer for services to be provided over a one-year pe
xeze [42]

Answer:

A) $3,000

Explanation:

Accrual accounting requires that revenue should be recognized only as the earning process is being completed, so in this case, only four months (September, October, November and December) worth of revenue can be recognized as such = $9,000 x 4/12 = $3,000

The remaining $6,000 will be included in the balance as a liability account: unearned revenue.

5 0
3 years ago
Read 2 more answers
During the __________ stage of the product life cycle, manufacturers must be especially mindful of channel member actions with r
Kay [80]

Answer:

growth

Explanation:

This aspect is incredibly important during the growth stage of the product life cycle. This is mainly because during the growth stage the company is increasing its sales and customer base rapidly. Competitive products tend to pop up a lot during this stage and copy the company's strategies. If the manufacturer makes a mistake or does not take the appropriate actions in time then they can easily lose a large part of their customer base to the competitor's product very quickly.

3 0
3 years ago
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