1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
e-lub [12.9K]
3 years ago
5

During a​ year, a​ firm's gross investmentgross investment is ​$6 comma 0006,000 and net investmentnet investment is ​$4 comma 8

004,800. What is the​ firm's depreciationdepreciation​?
Business
1 answer:
Greeley [361]3 years ago
7 0

Answer: The answer is $1,200

Explanation:

In order to calculate the Depreciation, we use the formula:

Gross investment = Net Investment + Depreciation.

Let Depreciation be represented by x

Gross investment - $6,000

Net investment - $4,800.

Therefore, we have:

6,000 = 4,800 + x

x = 6,000 - 4,800

x = 1,200

Therefore Depreciation is $1,200

You might be interested in
The costs of international logistics are higher than the costs of domestic logistics. They are estimated as ____________________
tensa zangetsu [6.8K]

Answer:6

comment

3456789Explanation:

5 0
3 years ago
Judy's Boutique just paid an annual dividend of $2.77 on its common stock. The firm increases its dividend by 3.50 percent annua
Shalnov [3]

Answer:

10.4%

Explanation:

The formula to calculate the cost of equity is:

Cost of equity= (DPS/MPS)+r

DPS= Dividend per share

MPS= Market price per share

r= Growth rate of Dividends

Cost of equity= (2.77/40.12)+0.0350

Cost of equity=0.069+0.0350

Cost of equity=0.104→ 10.4%

The company's cost of equity if the current stock price is $40.12 per share is 10.4%.

8 0
3 years ago
The MixingMixing Department of Fresh FoodsFresh Foods had 50 comma 00050,000 units to account for in OctoberOctober. Of the 50 c
xenn [34]

Answer:

Fresh Foods

Equivalent Units for October:

a) Direct Materials:                        Units   % of completion   Equivalent Units    

Completed & transferred out   25,000     100%                     25,000

Ending work in process            25,000      100%                     25,000

Total equivalent unit for direct materials = 50,000

b) Conversion costs:                 Units   % of completion   Equivalent Units    

Completed & transferred out   25,000     100%                     25,000

Ending work in process            25,000      35%                        8,750

Total equivalent unit for conversion costs = 33,750

Explanation:

Equivalent unit of production is an expression of the amount of work done on units of output to show the degree of completion in an accounting period with regard to work in process.  When the degree of completion (usually a percentage) is applied to the physical units in process, then the resulting figure is the equivalent units completed.

The calculation of equivalent units helps in the allocation of costs to units in the process of production.  Usually, additional conversion costs will be incurred in subsequent periods on the partially completed units to add to the already incurred costs in the current period unlike with fully completed units.

Equivalent units are always 100% complete as to direct materials but less for other manufacturing processes.

7 0
3 years ago
After deciding to acquire a new car, you can either lease the car or purchase it with a two-year loan. The car you want costs $3
KIM [24]

Answer:

$33467.03

Explanation:

Given: we are given that $33000 is the cost of the car that’s on sale if the person wants a cash option.

             

Leasing option of $495 per month for the next two years with an immediate payment of $95 as a balloon payment for the vehicle.

The person will sell the vehicle for $21000 after 2 years from now.

We need to calculate the breakeven price to sell the vehicle after two years if the person sold the car on either option.

Therefore we will use the future value annuity formula to calculate how much would yield on the lease payments of $495 after two years first.

Fv = P [((1+r) ^n)-1)/r]

Where Fv is the future value that will yield from the payments.

P is the periodic payment which is $495 per month.

r is the interest per period so in this case it is 5%/12 as the 5% is on an annual basis and the individual will make monthly payments.

n is the number of payments made and in this case it is 24 payments because $495 is paid monthly for 2 years.

Now we insert the values on the formula above

 Fv = $495 [((1+ (5%/12) ^24)-1)/ (5%/12)]   then compute on a calculator and get the answer

Fv = $12467.03 + $95 we add $95 to the solution because the customer must pay it as a deposit if they choose the lease option.

The value the customer must sell the car for to break even for both options in two years’ time is the sum of $21000 which the customer sells the car for in two years’ time plus the above future value for the lease repayments, so $21000+ $12467.03 =$33467.03 .  

4 0
3 years ago
Suppose Country A and Country B each have a GDP equal to $440 billion and $560 billion respectively. Country A has 100 million p
Ber [7]

Answer:

A. Higher in Country A

Explanation:

So to get per capita income

Formula

GDP/Population

Therefore

For Country A

440/100=4.4

Per capita income for country A is 4.4

For Country B

560/175=3.2

Per capita income for country B is 3.2

So the per capita income for country A is higher than Country B

3 0
2 years ago
Other questions:
  • How to find out how much your social security will be?
    13·1 answer
  • What has been the impact of declining harvests and years of drought on african subsistence farmers?
    13·1 answer
  • The demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extr
    15·1 answer
  • Foxx Corp.'s comparative balance sheet at December 31, 2018 and 2017 reported accumulated depreciation balances of $1,245,000 an
    6·1 answer
  • Your car still has a marginal cost of $20,000. But, the market price has now increased to $25,000. Your incentive to supply cars
    11·2 answers
  • Assume the U.S. interest rate is 7.5 percent, the New Zealand interest rate is 6.5 percent, the spot rate of the NZ$ is $.52, an
    5·1 answer
  • Debt: 5,000 7.2 percent coupon bonds outstanding, $1,000 par value, 30 years to maturity, selling for 108 percent of par; the bo
    7·1 answer
  • Which of the following is the formula for break-even point in sales dollars? A : Fixed costs divided by contribution margin rati
    7·1 answer
  • What will we never do in a world of scarcity? Group of answer choices Satisfy all basic human needs. Satisfy all basic human wan
    7·1 answer
  • The five stages of purchase decision process are problem recognition, information search, _______, purchase decision and _______
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!