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Ann [662]
3 years ago
13

On January 1, 2021, the Allegheny Corporation purchased equipment for $319,000. The estimated service life of the equipment is 1

0 years and the estimated residual value is $22,000. The equipment is expected to produce 288,000 units during its life.
Required:
1. Calculate depreciation for 2021 and 2022.
Business
1 answer:
enot [183]3 years ago
7 0
21gtbkkfbkifvdbfrvkogvfcgfvn
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As a consultant to Basso Inc., you have been provided with the following data: D1 = $0.67; P0 = $27.50; and g = 8.00% (constant)
Alex787 [66]

Answer:

Cost of common from reinvested earnings  = 10.44 %

so correct option is c. 10.44%

Explanation:

given data

D1 = $0.67

Po = $27.50

g = 8.00%

to find out

cost of common from reinvested earnings based on the DCF approach

solution

we get here Cost of common from reinvested earnings that is express a s

Cost of common from reinvested earnings  = \frac{D1}{Po} + g   ............1

put here value we get

Cost of common from reinvested earnings  = \frac{0.67}{27.50} + 8%

Cost of common from reinvested earnings  = 10.44 %

so correct option is c. 10.44%

5 0
4 years ago
Revenue or income, minus departmental expenses and undistributed expenses equals:
mixer [17]
Departmental income can be considered the contribution of revenues to profits because it is computed after deducting the direct costs of providing the service or product. Subtracting all of the undistributed operating expenses from total revenues results in gross operating profit per available room (GOPPAR).
8 0
4 years ago
The par value per share of common stock represents the:.
krok68 [10]
The face value per share.
3 0
3 years ago
Jane Moreland receives $500 per month from Social Security and her husband, Josh, receives 180 percent of the amount Jane does.
Minchanka [31]

Answer:

Jane's Social security = $535.71

Josh's Social security = $964.29

Explanation:

Jane's Social security = $500

Josh's Social security = $500 x 180%

Josh's Social security = $900

Suppose In order to have $1,500 per month retirement income

Jane's Social security = X

Josh's Social security = X x 180% = 1.8X

Total Income = X + 1.8X

$1,500 = X + 1.8X

$1,500 = 2.8X

$1,500 / 2.8 = X

X = 535.71

So

Jane's Social security = X = $535.71

Josh's Social security = 1.8 x 535.71 = $964.29

5 0
3 years ago
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Moonrise Bakery applies factory overhead based on direct labor costs. The company incurred the following costs during 2017: dire
Katyanochek1 [597]

Answer:

Please see attachment

Explanation:

Please see attachment

3 0
3 years ago
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