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nika2105 [10]
3 years ago
8

All of the following items should be considered when setting an export price except A. The tariff rate and value-added tax. B. T

ransportation costs. C. Prices of substitutes in foreign markets. D. Repatriation restrictions
Business
1 answer:
velikii [3]3 years ago
3 0

Answer: C.

Explanation:

Prices of substitutes in foreign markets is not important when setting export prices because it does not involve exporting products, money, etc.

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Apex Fitness Club uses straight-line depreciation for a machine costing $23,860, with an estimated four-year life and a $2,400 s
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Answer:

1. Book value at end of year 2 = $13,130

2. Depreciation from year 3 for last 3 years = $3,710 each year, that is $11,130 for three years.

Explanation:

As for the provided details, we have:

Cost of machinery = $23,860

Expected life = 4 years

Salvage value = $2,400

Straight line depreciation = \frac{23,860 - 2,400}{4} = 5,365

Under straight line method depreciation remains constant for life of asset.

Book value at end of year 2 = $23,860 - ($5,365 \times 2) = $13,130

Thereafter in the beginning of year 3 the estimate is made to realize that the total remaining life expected is 3 years, with salvage value $2,000

Thus, depreciation from year 3 = \frac{13,130 - 2,000}{3} = 3,710

Therefore, depreciation from year 3 to year 5 = $3,710 each year.

Total depreciation of last 3 years = $3,710 \times 3 = $11,130

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