Answer:
Explanation:Answer:
The balance amount owned in six months is $ 46.8
Explanation:
Given as :
The price of new shoes = $85
The amount paid for the shoes = $ 40
The balance amount for the shoes = $85 - $40 = $ 45
The rate of interest = 8%
the time period = 6 months = 0.5 years
From simple method
Simple interest =
or, Simple interest =
Or, Simple interest = = $1.8
So, Amount = Principal + Interest
or, Amount = $45 + $1.8 = $ 46.8
Answer:
Option (D) is correct.
Explanation:
Selling amount of equipment = $80,000
Purchasing price 2 years ago = $75,000
Depreciation expense = $20,000
Gain(Loss) = Cash proceeds - Book value
= $80,000 - ($75,000 - $20,000)
= $80,000 - $55,000
Capital gain = $25,000
Therefore, the amount and character of Bozeman's gain is $25,000.
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Answer:
The correct answer is letter "C": life is the total cost divided by the total annual depreciation.
Explanation:
The composite depreciation method uses the straight-line depreciation to rate and average the loss of value in given assets. It divides the useful life figure by the total depreciable cost to arrive at the total depreciation per year. It is helpful to determine the depreciation in a complete class of assets.
Answer:
It breaks down on two parts to be fully explained.
Explanation:
Part 1
The correct answer is:
The D option (All of the above are correct) which applies perfectly in the firms of competitive markets.
Part 2
Referred to Table 2.
For this firm, the average revenue from selling 3 units is A) $12. B) $4. C) $3. D) $1.
Table 2
The reference to table 2 represents a demand curve faced by a firm in a competitive market.
Price Quantity
$4 0
$4 1
$4 2
$4 3
$4 4
$4 5
The correct answer is:
The B option ($ 4) which it would represent the overall average revenue from selling 3 units.
