Answer:
Depreciation expense Office equipment = 1,200.00
Depreciation expense Computer equipment = 5,000.00
Explanation:
The difference between accumulated depreciation represents the depreciation charge that was made during the first quarter of the 2018 accounting year.
Then depreciation charges for the first quarter are calculated as follows:
Depreciation expense Office equipment = 800 – 400 = 400
Depreciation expense Computer equipment = 2,500 – 1,250 = 1,250
Since there are 4 quarters in an accounting year, the depreciation charge in 2018 is calculated as follows:
Depreciation expense Office equipment = 400 * 4 = 1,200
Depreciation expense Computer equipment = 1,250 * 4 = 5,000
Answer: purchase foreign currency in order to purchase a U.S. treasury bond.
Explanation:
Currency convertibility has to do with the degree in which the domestic currency of a particular country can be converted into the currency of another country.
Therefore, a citizen in a developing country with a currency policy of convertibility on the current account could engage in the purchase foreign currency in order to purchase a U.S. treasury bond.
Answer:
=$337.43
Explanation:
The value of each of the coins after 50 years is the future value after 50 years at their respective interest rate.
The formula for future value is FV = PV × (1+r)n
For the first coin at 5.2 percent,
Fv = 100 x ( 1 + 5.2/100 ) 50
Fv =100 x (1+ 0.052) 50
Fv = 100 x 12. 61208795
Fv = $1,261. 21
For the second coin at 5.7 percent,
Fv = 100 x (1 + 5.7 /100)50
Fv =100 x (1 + 0.057 )50
Fv = 100 x 15.98
Fv = 1, 598. 64
the difference in value will be
=$1598.64 - $1,261.21
=$337.43
Answer:
land
Explanation:
why because buying a capital we'll be to much
Answer: D. $7,500
Explanation:
Before the $150,000 mortgage at 5%, the existing $40,000 balance of the loan was paid off. Therefore, only the mortgage was payable. At 5% x %150,000 = $7500 interest.
Therefore, the amount $7500 interest expense Kris will deduct as home related interest expense would be $7,500.
