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
marta [7]
3 years ago
5

Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is

estimated to be 5 years, or 300,000 units of product, with a $15,000 salvage value. During its first year, the machine produces 64,500 units of product. Determine the machines' first year depreciation under the straight-line method. Multiple Choice $27,000. $29,025. $23,779. $24,000. $25,800.
Business
1 answer:
VikaD [51]3 years ago
7 0

Answer:

The straight line depreciation for the first year is $24000

Explanation:

The straight line method of depreciation charges/allocates a constant amount of depreciation through out the useful life of the asset. The straight line depreciation expense for the year is calculated as follows,

Straight line depreciation = (Cost - Salvage Value) / Estimated useful life

Straight line depreciation = (135000 - 15000) / 5  = $24000 per year

Thus, the amount of depreciation for first year under straight line method is $24000

You might be interested in
Three weeks ago, you purchased a July 45 put option on RPJ stock at an option price of $3.20. The market price of RPJ stock thre
Anton [14]

Answer:

$25

Explanation:

We can calculate intrinsic value by intrinsic formula

Formula : intrinsic Value = (purchased price- current price) x 100

intrinsic Value = (45-44.75) x 100

intrinsic  Value =  $25

5 0
3 years ago
If bread is produced by using a constant returns to scale production function, then if the: A) number of workers is doubled, twi
nekit [7.7K]

Answer: Option (C) is correct.

Explanation:

Constant returns to scale production function: When there is an increase in inputs (i.e capital and labor) as a result output increases by the same proportion.

For example: If the amounts of equipment and workers are both doubled in the production of bread then as a result the output of bread also doubled.

Suppose the capital and labor increases by 10% then as a result output also increases by 10%.

5 0
4 years ago
A company has a cost of debt (before tax) of 5.5% and a cost of equity of 12.8%. In addition, the company has a target capital s
alexira [117]

Answer:

10.12%

Explanation:

Wacc = (D / V)rd (1 - t) + (E / V) re

(D/V) = 0.3

Rd = before tax cost of debt = 5.5%

T = tax rate = 30%

(E / V) = 0.7

Re = marginal cost of equity = 12.8%

= (0.3 x 5.5% × 0.7) + (0.7 x 12.8%) = 1.155% + 8.96% = 10.12%

I hope my answer helps you

4 0
4 years ago
I got 1000 point \<br> now I got 990 lol
laiz [17]

Answer:

cool

Explanation:

7 0
3 years ago
Read 2 more answers
Which set of changes is definitely predicted to lower real gdp in the short run?
Tatiana [17]
D. foreign real national income falls and wages rates rise. 
3 0
4 years ago
Other questions:
  • Goods are typically tangible while ____ are typically intangible
    5·1 answer
  • Who is that please???
    14·2 answers
  • 1. The giving up of one benefit or advantage in order to gain another regarded as more favorable.
    7·1 answer
  • A lottery claims its grand prize is $10 million, payable over 20 years at $500,000 per year. If the first payment is made immedi
    11·1 answer
  • Krier Corporation uses a predetermined overhead rate that was based on estimated manufacturing overhead of $738,000 and 30,000 d
    9·1 answer
  • The items in a budget that can be estimated most accurately and easily are
    12·1 answer
  • Using the income statement for Times Mirror and Glass Co., compute the following ratios:
    5·1 answer
  • Which of these is an example of a shortage?
    9·1 answer
  • AMaZon is taking forever to ship my tablet. answer with problems you've had with aMaZon
    8·1 answer
  • Bondholders tend to offset the effects of selfish strategies implemented by shareholders by: Multiple Choice increasing the inte
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!