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vladimir1956 [14]
3 years ago
11

Franklin Corporation bought equipment on January 1st, 2022 .The equipment cost $150,000 and had an expected salvage value of $30

,000. The life of the equipment was estimated to be 6 years. The depreciable cost of the equipment is________.
Business
1 answer:
Dima020 [189]3 years ago
8 0

Answer:

$120,000.00

Explanation:

Depreciable cost is the amount of money that can be depreciated over time from the value of an asset. It is the total book value an asset loses for being in production in its useful life. Depreciable cost is important is calculating the annual depreciation.

Depreciable cost is a result of the cost of an asset minus its expected salvage value.

In case case: $150,000- $ 30,000

=$120,000.00

Depreciable value is $120,000

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Answer:

C. The government guarantees that potato farmers will receive at least​ $50 a ton.

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Price floors are usually used to keep commodity prices from going too low.

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3 years ago
Which of these is a private sector consumer-advocacy group?
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D. Consider reports
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3 years ago
Bramble Company purchased a new van for floral deliveries on January 1, 2018. The van cost $66000 with an estimated life of 5 ye
fgiga [73]

Answer:

$42,240

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But before that the depreciation rate is

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Now the accumulated depreciation is

= $26,400 + $15,840

= $42,240

6 0
3 years ago
For an investment in a stock, the probability of the return being –10.0% is 0.3, 10.0% is 0.4, and 30.0% is 0.3. given the proba
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The expected return will be given by:
E(R)=Total sum of the expected return
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We therefore conclude that the expected return is 10%
4 0
3 years ago
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