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Arlecino [84]
3 years ago
6

Based on the following information, what is the expected return? State of Probability of State Rate of Return if Economy of Econ

omy State Occurs Recession .29 − 9.70% Normal .40 11.20% Boom .31 21.40% Multiple
Business
1 answer:
Karolina [17]3 years ago
5 0

Answer:

g

Explanation:

g

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Using the Base Case, calculate total depreciation expense for the year 2023E. Assume that depreciation expense on assets pre-202
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Answer:

b) $33,000

Explanation:

Capital Expenditure = $20,000

Salvage Value in % = 10%

Useful Life = 4 Years

Salvage Value = Salvage Value% * Capital Expenditure

Salvage Value = 10% * 20,000

Salvage Value = $2,000

Annual Depreciation = (Capital Expenditures - Salvage Value) / Useful Life

Annual Depreciation = ($20,000 - $2,000) / 4

Annual Depreciation = $18,000 / 4

Annual Depreciation = $4,500

Depreciation of 2023E = Depreciation Pre 2020E + Depreciation on capital expenditures in 2020E + Depreciation on capital expenditures in 2021E + Additional Depreciation on capital expenditures in 2022E + Additional Depreciation on capital expenditures in 2023E

Depreciation of 2023E = $15,000 + $4,500 + $4,500 + $4,500 + $4,500

Depreciation of 2023E = $33,000

7 0
3 years ago
A newly created design business called Smart Art is just finishing up its first year of operations. During the year, there were
vladimir2022 [97]

Answer:

Bad debts expenses shall be $ 850

Explanation:

The balance in the bad debts expense account shall be the aggregate of the amounts written off and the estimated uncollectible accounts based on ageing at the year end.

Amount written off during the year                                                 $ 650

Estimated uncollectible account provided at year end                 <u>$ 200</u>

Total Bad Debts expenses                                                               $ 850

4 0
3 years ago
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Recently, the only type of car available for Anthony to rent on a business trip was a compact, fuel-efficient Japanese import. A
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Answer:

The correct answer is (a)

Explanation:

After experiencing the comfort of a Japanese car, Anthony has decided cost-saving, by buying a Japanese car other than an SUV. Experience is an important factor which can significantly change a customer's mind over buying a product.  It can narrow a customer's decision and make it easier to decide, that is why most car companies offer a test drive.

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Was it smart of Cedric to avoid writing about his embarrassing lunchtime incident and wacky grandma?
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Yes, because harassing grandma is unnecessary and rude.
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3 years ago
1. Of the following statements, which one or ones describe actions harmful to your credit score?
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1 owing a lot of money
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3 years ago
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