Answer:
Annual depreciation= $4,000
Explanation:
Giving the following information:
The cost of the machine was $29,000. Its estimated residual value was $9,000 at the end of estimated 5-year life.
<u>To calculate the depreciation expense, we need to use the following formula:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (29,000 - 9,000)/5
Annual depreciation= $4,000
Answer:
Control
Explanation:
According to my research on the different activities of process management, I can say that based on the information provided within the question Nigre is engaged in the Control Activity. This activity focuses on making sure all procedures, techniques, and policies are followed accordingly in order to meet all of the organizations goals and basically minimize the risk of defective products or problems occurring. Which is what Nigre is doing by monitoring the production process and making sure everything is meeting the specifications.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
b. He will have a capital gain of $6.8 million this year (year of the sale) for tax purposes.
Explanation:
Steve's entire stock position the year of the sale at 100% is $3 million.
On July 1 of same year, he sold 40% of $3 million to an ESOP for $8 million.
40% of $3 million is $1.2 million worth of non-publicly-traded corporate stock that Steve sold. His capital gain is : $8 million - $1.2 million = $6.8 million. Steve will therefore have a capital gain of $6.8 million the year of the sale for tax purposes.
Answer:
Year Cash Flow Cumulative Cash flow Discounted Cash Flow(8.9%) 0 $5,095,000 $5,095,000 $453,455 1 $1,500,000 $3,595.000 $3,141,5452 $3,000,000 $ 595,000 $141,5453 $4,500,000 ($3,905,000) $3,4515454 $6,500,000ABC Hospital will get ROI in 3 years, this option I would recommend to the CEO.
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The short answer is that they are trusted more.
I would pick D.
