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KiRa [710]
3 years ago
15

The Flintstone Construction Company delivers dirt and stone from local quarries to its construction sites. A new truck that was

purchased for a cost of $118,000 at the beginning of the year was expected to deliver 118,000 tons over its useful life. The following is a breakdown of the tons delivered during the year to each construction Construction Sites: A B C D Tons Delivered: 1,800 3,300 3,800 1,300 How much truck depreciation should be allocated to Site A
Business
1 answer:
Sedaia [141]3 years ago
4 0

Answer:

$1,800

Explanation:

Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.

It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset.

Total Depreciation = (1800 + 3300 + 3800 + 1300)/118000 * $118,000

= $10,200

The depreciation allocated to site A

= 1800/10200 * $10,200

= $1,800

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Harold asks his prospects several questions to understand the reasons for their hesitation in buying his product. He tries to id
Fofino [41]

Answer:

fhuafuhfuhsuihfuishfdvbcgufjvhfigirhhjfhhhfhh

Explanation:

5 0
3 years ago
Costly Corporation is considering using equity financing. Currently, the firm's stock is selling for $31.00 per share. The firm'
Setler [38]

Answer:

Cost of external equity= 26.9%

Explanation

<em>According to the dividend valuation, the value of a stock is the present value of expected future dividends discounted at the required rate of return.</em>

The model can me modified to determined the cost of equity having flotation cost as follows:

Ke = D(1+r )/P(1-f) + g

Ke= Cost of equity

D- current dividend,

D(1+g) - dividend next year

p- price of stock - 31,00$

f - flotation cost - 14%

g- growth rate - 7%

Ke= 5.30/31× (1-0.14)  +  0.07

 = 0.2687997  × 100

= 26.9%

4 0
3 years ago
A customer sells 1 ABC Corporation put for 2 on February 22, 2019, with a strike price of 50 and an expiration date of March 16,
Deffense [45]

Answer: a. He has an acquisition cost of $4,800 and a date of acquisition of March 15, 2007.

Explanation:

A Put amount gives the holder the right to sell underlying assets. As the Put was exercised, the customer would have to buy the underlying stock and the price they will pay for it is the strike price of the Put less the cost of the Put.

Options contracts come in 100s so;

Acquisition cost = (50 - 2) * 100

= 48 * 100

= $4,800.

The date of acquisition is the day the put was exercised.

8 0
3 years ago
Let's say you want to open a shoe store that will specialize in high-end shoes. But before you do, you want to determine how man
sveta [45]

Answer:

$240,000

Explanation:

Selling price per pair of shoes $160 x 12,000 ...1,920,000

Cost (to you) per pair of shoes $80 x 12,000 .... $960,000

Sales commission per pair  $10 x 12,000..........    $120,000

Salaries ..........................................................................$420,000

Rent................................................................................ $120,000,

Advertising..................................................................... $20,000,

Insurance .........................................................................$16,000,

Miscellaneous fixed costs ........................................<u>..$24,000,</u>

Profit ..............................................................................<u>$240,000</u>

6 0
3 years ago
22. Which resource management activity establishes common definitions for capabilities of personnel, equipment, teams, supplies,
NemiM [27]

Answer:

Identifying and typing resource

Explanation:

Measurable defined or stated as the capabilities as well as the levels of the performance, resources are identified or recognized and the basis for every category.

The resources comprise of the following kinds or types, which are equipment, aircraft, teams, vehicles and supplies.

Resources are the categories of the typing through the capability, the mobilized the incident management and the response.

Therefore, the identifying and the typing resource is the resource management activity.

6 0
3 years ago
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