Answer:
the book value is $39,000
Explanation:
The computation of the book value is shown below;
First the depletion cost per unit is
= $285,000 ÷ $950,000
= 0.30
Now the depletion expense is
= 0.30 × 820,000
= $246,000
Now the book value is
= $285,000 - $246,000
= $39,000
Hence the book value is $39,000
Answer:
Explanation:
Sell your gently used clothes. ...
Trade in old phones, electronics for cash. ...
Drive for Uber, Lyft. ...
Make deliveries for Amazon, Uber Eats. ...
Become a dog walker or dog sitter. ...
Get a babysitting gig. ...
Find work as a housesitter. ...
Sell unused gift cards.
Answer:
a. 21%
Explanation:
Felix and Freddie
Tax paid for first will be :
$43,850 ×15%
=$6,577.5
Taxable income $124,050
($230,000-$105,950)
Taxable payable $38,455.5
($124,050*31%)
Remaining tax payable $13,041
($58,074-$6,577.5-$38,455.5)
÷
Remaining taxable income $62,100
($105,950-$43,850)
Tax rate between $43,850 and 105,950 will be:
$13,041÷$62,100
=0.21×100
=21%
Answer:
Germany’s GDP has increased annually by at least 3% for the past 3 years
Explanation:
Attaining a sustainable rate of economic growth is one of the major objectives of macroeconomic goals. Economic growth can be measured by GDP. GDP measures the economy's annual output which include expenditure or income. Therefore, Germany's GDP growth by at least 3% for the past 3 years means that the country's income or expenditure has continuously grown annually in those years.
Answer:
The answer is b. Up to $4 million.
Explanation:
It is critical to recognize that $3 million already spent on developing the product is the sunk cost, which is irrelevant cost that should not be included in the budget further spend for the new product.
As the new product is expected to generate a revenues of $4 million, the further cost should be spent on the new product development should not be exceeded the $4 million.
Thus, the answer is b. Up to $4 million is the correct choice.