Answer:
$60,000
Explanation:
Depreciation expense using the double declining method = Depreciation factor x cost of the asset
Depreciation factor = 2 x (1/useful life) = 2 / 8 = 0.25
Depreciation expense in 2019 = 0.25 x $320,000 = $80,000
Book value at the beginning of 2020 = $320,000 - $80,000 = $240,000
Depreciation expense in 2020 = 0.25 x $240,000 = $60,000
I hope my answer helps you
Marketing processes the quesion is not complite
Answer:
$488.77
Explanation:
Rates : 8%
Sales : 167,500
A/R : 18,500
Days in Year 365
Sales/Day: 458.90
DSO : 40
Industry DSO : 27
(x / 167,500) x 365 = 27
Solve x = 12,390.41
x = This is the sum to be deducted for receivable accounts.
18500 - 12,390.41 = 6,109.59 decrease in Accounts Receivable
6,109.59 x 8% = 488.77
Interest earned and net revenue generated.
Answer:
B. The financial advisor is prohibited from acting as the underwriter
Explanation:
As per the rule of the Municipal Securities Rulemaking Board, the financial advisor cannot be the underwriter.
The financial advisor for a municipality is paying the advisory fee for assisting the structure of the municipality in order to the issuance of the new bond so that the less interest cost to be paid.
But in the case of the underwriter, it contains high rate of interest as it is very easiest way for selling
So through this, the conflict arises between these two parties
Therefore option B is correct
If a person doesn't trust you then they will tell other people and the other people won't trust you
