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expeople1 [14]
2 years ago
15

The amount of the average investment for a proposed investment of $191,000 in a fixed asset with a useful life of 4 years, strai

ght-line depreciation, no residual value, and an expected total income of $30,300 for the 4 years is a.$47,750 b.$7,575 c.$30,300 d.$95,500
Business
1 answer:
sineoko [7]2 years ago
6 0

$30300
Annual depreciation = (purchase price - salvage value) / useful life
Straight line depreciation = Annual depreciation / (purchase price -salvage value)
The steps in calculating a straight line depreciation are:
Find out how much the asset costs.
To determine the entire depreciable amount, deduct the asset's estimated salvage value from the asset's purchase price.
Find out how long the item will be useful.
To calculate the annual depreciation amount, multiply the total from steps (2) and (3) by the figure determined in steps (3).
i.e, = $191000-$30300 = $160700
an asset with a useful life of 4 =$160700/4 =$40 175
so the straight-line depreciation rate is at 4.7%
In 4 years Straightline depreciation will be $30300
To learn more about Straight line depreciation please refer to-
brainly.com/question/11974283
#SPJ4

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Justin deposits $4,000 into an IRA account that earns an annual interest rate of 6.5%. If he makes no additional deposits, how m
Liula [17]

Answer:

The Future value at year time is $4,260

Explanation:

The future value at the end of the year one can be found by using the compounding formula which is as under:

Future Value = Present Value * (1 +r)^n

Future Value  = $4,000 * (1.065)^ 1 = $4,260

8 0
3 years ago
Jeremy operates a business as a sole proprietorship. The proprietorship uses the cash method of accounting. He decides to incorp
ollegr [7]

Answer:

$13,000

Explanation:

Given that:

Jeremy operates a business as a sole proprietorship which uses a cash method of accounting. Now he is planning transfer them into a new corporation in  exchange for its stock.

The assets are :

$10,000 of accounts receivable with a zero​ basis

have a basis of​ $20,000  and an FMV of​ $40,000

Liabilities

payable of $12,000

The note payable on medical equipment is​ $7,000.

Therefore , Jeremy's basis for his stock is : $20,000 -$7,000 = $13,000

since  that will reduce the  basis by amount of the note payable.

The liabilities payable will be deducted and taken care of by the corporation.

8 0
3 years ago
if for a certain market the quantity demanded is 200 units and the quantity supplied is 250 units. Then, there is:
grin007 [14]
There is a surplus, as you can see, the quantity supplied is more than the quantity demanded.
4 0
3 years ago
Read 2 more answers
What happens to the market outcome if cartel members cheat on the collusive agreement?
sdas [7]

If a single company cheats on the cartel agreement then the unmarried company can grow its profit.

A cartel agreement is a settlement between competitions with the aim of hindering or proscribing competition or creating fake competition. Cartel agreements also can exist between providers and consumers, such as an instance retail fees.

A few examples of a cartel encompass The enterprise of the Petroleum Exporting Countries (OPEC), an oil cartel whose members manage forty four% of worldwide oil production and 81.5% of the world's oil reserves.

A cartel is an illegal settlement between competition that restricts competition. Cartels are often hard to discover due to the fact the cartel members have a not unusual hobby of keeping the agreement secret.

Learn more about cartel agreement here: brainly.com/question/16147138

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7 0
2 years ago
Spears Co. had net sales of $53,404 million. Its average total assets for the period were $16,302 million. Spears' total asset t
liraira [26]
Given:
net sales = 53,404,000,000
Average total assets = 16,302,000,000

Total asset turnover is calculated by divided net sales by the average total assets.

Total asset turnover = net sales / average total assets 
T.A.O = 53,404,000,000 / 16,302,000,000
T.A.O = 3.2759 OR 3.3

The total asset turnover indicates the company's ability to efficiently deploy its asset in generating revenue. 
7 0
3 years ago
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