Answer:
The correct answer is B.
Explanation:
Giving the following information:
How much would $100, growing at 5% per year, be worth after 75 years?
We need to use the following formula to calculate the final value.
FV= PV*(1+i)^n
FV= 100*(1+0.05)^75
FV= $3,883.27
Answer:
conduct interviews and surveys or organize a focus group
Explanation:
Formal research involves gathering data in a controlled, structured, and objective manner, so much so that a plan is followed very strictly and all information is documented. Therefore in order for Brittany to conduct a formal research, she should conduct interviews and surveys or organize a focus group. This would allow her to control the situation and document and analyze all the information gathered.
Answer: $322,000
Explanation:
Consolidated income = Net income from Ackerman + Net Income from Brannigan + Excess depreciation - Amortization of unpatented tech - Gain from transfer of equipment
Excess depreciation = New depreciation of equipment - Old depreciation
Depreciation is straight line;
= (200,000/5 years) - (110,000/5)
= $18,000
Gain from transfer of equipment
= Sales - Book value
= 200,000 - 110,000
= $90,000
Consolidated income = 300,000 + 98,000 + 18,000 - 4,000 - 90,000
= $322,000
If Lisa makes $6,000 per month at her full time job and then working on her business in the evening, she should be making at least $6,000 frmo her business before quitting her full time job. If Lisa is use to making $6,000 and needs that to support herself and her bills, then she would want that same amount of money to be coming in from another source before she can quit her current job. If Lisa is making money from her business already and needs that in conjunction to the $6,000 she makes at her full time job than that money needs to be included in her income before she leaves her job.
Answer:
$731,600
Explanation:
For computing the book value, first we have to determine the depreciation expense which is shown below:
So, under the straight-line method, the depreciation expense would be
= (Original cost - residual value) ÷ (useful life)
= ($890,000- $98,000) ÷ (5 years)
= ($792,000) ÷ (5 years)
= $158,400
In this method, the depreciation is same for all the remaining useful life
Now the book value would be
= Acquired value of an asset - depreciation expense
= $890,000 - $158,400
= $731,600
